#Bitcoin miners carve Trump portrait#
Hot Topic Overview
Overview
U.S.-listed Bitcoin miner MARA Holdings, prior to the inauguration of President Trump, embedded an encrypted image of Trump within a Bitcoin block using its proprietary transaction ordering strategy. This act, dubbed "block art," was seen as a commemoration of Trump's incoming presidency and a tribute to the first U.S. president to express support for Bitcoin. MARA Holdings reportedly earned a fee and block reward of $443,148 for this undertaking.
Ace Hot Topic Analysis
Analysis
U.S. public company Bitcoin miner MARA Holdings utilized its invented transaction ordering strategy to encrypt a portrait of President-elect Donald Trump into a Bitcoin block, permanently preserving the portrait as block art. This move occurred ahead of Trump's inauguration on Monday, costing the company $443,148 and yielding a block reward. MARA Pool orchestrated their block transactions, calculating 1,476,600,000,000,000 Bitcoin hashes in just 46 seconds, permanently adding Trump's face to the Bitcoin blockchain. The event is viewed as a commemoration of the inauguration of a pro-Bitcoin president and an endorsement of Trump.
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Public Sentiment
Discussion Word Cloud
Classic Views
American Bitcoin miner MARA Holdings has permanently etched a portrait of Donald Trump onto the Bitcoin blockchain as block art.
MARA Holdings encrypted Trump's portrait into a Bitcoin block by arranging block data.
The move took place before Trump's inauguration, costing the company $443,148 in fees and block rewards.
It is a show of support for Trump and also a promotion for Bitcoin.