The always-relevant Marty Bent had Spiral developer Matt Corallo on his podcast this week to address the freaks about urgent Bitcoin mining matters.

To bring everyone up to speed, the concerns stem from recent sleuthing of the blockchain which revealed that some pools have been getting perhaps a little too cozy.

How do we know this? Well, everyone’s favorite snoop mononaut recently pointed out that an unusual percentage of Bitcoin’s mining reward was being consolidated under the control of a single custodian. How bad is it? Well about 47% of the hashrate, on a good day. Yeah, pretty bad. Now why in Satoshi’s name would they do such a thing, you ask?

C.R.E.A.M.

To begin with, have you…

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Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. 

As technical director on the Concierge team at Unchained, I’ve fielded countless client questions about bitcoin multisig. If you’re just beginning to understand the benefits of multisig and how it works in a collaborative custody context, I hope these ten tips will address some of your questions.

Bitcoin doesn’t live on your device

The phrase…

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A recent survey by CoinShares has highlighted a significant trend shift among institutional investors, with a marked increase in investments in Solana (SOL). The survey, which included 64 investors managing a combined $600 billion in assets, showed that nearly 15% of respondents now hold Solana, a striking rise from earlier in the year when there were no reported institutional investments in the altcoin.

While Bitcoin and Ethereum remain dominant in institutional portfolios, Solana’s growing appeal is evident, with around 14% of investors optimistic about its growth prospects, a rise from 12% in the previous survey. This burgeoning interest aligns with Solana’s technological progress and expanding market footprint. Overall, digital assets now constitute 3% of the average investment portfolio, the highest since the inception of the survey in 2021, boosted by the advent of US spot Bitcoin ETFs which have simplified Bitcoin access for institutions.

CoinShares 

BIGCAP COINS:

1. Pepe: Market Cap of $3.1 Billion.
2. Hedera: Market Cap of $3.9 Billion.
3. Bitcoin: Market Cap of $1.2 Trillion.

MIDCAP COINS:

1. Super Trump: Market Cap of $6.4 Million.
2. cat in a dogs world: Market Cap of $493 Million.
3. Voxies: Market Cap of $44.2 Million.

RISING COINS:

1. MAGA: Market Cap of $226 Million.
2. Node AI: Market Cap of $118 Million.
3. Grok: Market Cap of $51.1 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Bitcoin is one of the most robust distributed systems in the history of mankind. For fifteen years it has ticked along block by block with only two disruptions in its first few years that were very quickly handled by responsive developers the minute they manifested themselves. Aside from that, it has ticked along producing a block roughly every ten minutes with no interruptions.

This reliability has set a golden standard of expectations for Bitcoin users, encouraging them to view it as a completely unstoppable system. In many peoples’ minds, Bitcoin has already won, and the world is just catching up with that realization. “Bitcoin is inevitable” as many would say.

This doesn’t…

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