Tyler Bain

The founding principles of Bitcoin echo that of the genesis of the United States of America.In the spring of 1774, the British Parliament passed the Coercive Acts, dubbed the Intolerable Acts by the soon-to-be-free Americans. Months later, in the spring of 1775, Paul Revere would...

01/Nov/2008: A pseudonym of unknown nationality sent an email carrying word of Bitcoin, a peer-to-peer, electronic cash system with no trusted third party. The New York Times 02/Dec/2008: “U.S. Recession began last December, economists...

The nation and world are on the brink, awaiting official Electoral College votes to be cast on December 14, despite convincing conjectural consensus on the champion. But either way, 2020’s highly-contested U.S. presidential election reminds us...

There has been much ado made recently over supposed seasonal mining fluctuations on the Bitcoin network. The narrative goes that, as the rainy season in China comes to a halt around the August to October timeframe each year, cheap and abundant hydroelectricity dries up. This forces many inefficient late-model miners to shut off or move elsewhere to find more affordable, accessible...

There have been many claims in recent years that bitcoin and the miners securing the network via SHA-256 proof of work use an unconscionable amount of energy. But what data are these claims based on, are the source calculations using flawed or sound approaches and assumptions? How much electrical power does the network draw and how much electrical energy has the Bitcoin network...

There have been many claims in recent years that bitcoin and the miners securing the network via SHA-256 proof of work use an unconscionable amount of energy. But what data are these claims based on, are the source calculations using flawed or sound approaches and assumptions? How much electrical power does the network draw and how much electrical energy has the Bitcoin network...