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1  Bitcoin / Bitcoin Discussion / Re: How did you first hear about Bitcoin? on: July 20, 2021, 02:16:55 PM
I had no idea what the hack cryptocurrencies are or why are people going crazy about it! I am a writer by profession. As a part of my daily practice, I try to read content on a wide diversity of topics and stumbled upon blogs pointing to Elon Musk's Twitter and his manipulation of the cryptocurrency market.
Therein I decided to know everything about the crypo. Currently, I am hodling a few of the top coins in scare amount, not bitcoin!

Since I had no expertise, I decided that staking will be the best strategy rather than trading. Here https://ttnex.io, I bought Ethereum.

But, I have been so long that now I want to become a trade as I hear and see so many people making unbelievable amounts of money with day trading.

I will be happy if anyone can suggest me some strategies. Though I do the math every day seeing the changes in prices, I am still not confident to start trading.

2  Bitcoin / Bitcoin Discussion / Re: Why green bitcoin mining has become a trend? on: July 20, 2021, 02:06:55 PM
If you compare the energy spend in the mining of Bitcoins to the number of resources wasted in the production of fiat money and further maintaining a banking sector to maintain, produce and distribute it, it is more environmentally friendly.

Further, a large number of miners are migrating to Iceland because of the low electricity prices the country has, the reason it gets it from renewable resources. As an alternative to paper currencies, bitcoin is advantageous. At the same time, we can't fully depend on cryptocurrency because the high inflation and deflation rates can make it a disaster for daily use.

My say is, since Bitcoin is the most popular choice, it should embrace the power of stake or other consensus mechanisms which uses less energy to make it more approachable for the environment-conscious people.
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