#Bitcoin Mining Firm Etches Trump Portrait into Blockchain#
Hot Topic Overview
Overview
Recently, US-listed Bitcoin mining company MARA Holdings permanently embedded a portrait of President-elect Donald Trump into the Bitcoin blockchain, commemorating his imminent inauguration as the first US president to support Bitcoin. The portrait was generated by AI and added permanently to the blockchain through organized transactions, a practice known as "block art." This action has drawn widespread attention, with some viewing it as a sign of support for Trump, while others see it as an abuse of blockchain technology.
Ace Hot Topic Analysis
Analysis
Recently, publicly traded Bitcoin mining company MARA Holdings has sparked controversy by permanently encrypting a portrait of President-elect Donald Trump into a Bitcoin block. MARA reportedly used its invented transaction ordering strategy to embed the Trump portrait in BTC block 879613, spending 1.244 BTC (approximately $127,000) in fees. Company CEO Fred Thiel confirmed the incident on social media, stating that the portrait was AI-generated to celebrate Trump becoming the first US president to support Bitcoin. The move has been interpreted as MARA's support for Trump, and an attempt at blockchain art, but it has also sparked controversy, with some arguing that it is overly political and questioning its artistic value.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Engraving Trump's portrait into a Bitcoin block is a political act, meant to commemorate his upcoming inauguration and celebrate him as the first president to endorse Bitcoin.
Engraving Trump's portrait into a Bitcoin block is an artistic act, encrypting Trump's portrait into a Bitcoin block through transaction ordering strategies and permanently saving it as block art.
Engraving Trump's portrait into a Bitcoin block is a technical act, permanently adding Trump's face to the blockchain through organized transactions and using AI to generate Trump's portrait.
Engraving Trump's portrait into a Bitcoin block is a commercial act, costing the company $443,148 and rewarding the block.