#Bitcoin miners mine into Trump portrait#
Hot Topic Overview
Overview
US-listed Bitcoin mining company MARA Holdings embedded a portrait of President Trump in a recent Bitcoin block to commemorate his upcoming inauguration as the first US president to support Bitcoin. The portrait, generated by AI, was permanently added to the blockchain through transaction ordering strategies, costing 1.244 BTC (about $127,000). This move sparked debate, with some seeing it as a tribute to President Trump while others viewed it as an overreach into politics.
Ace Hot Topic Analysis
Analysis
Recently, US-listed Bitcoin mining company MARA Holdings has encrypted a portrait of President-elect Donald Trump into a Bitcoin block, commemorating his upcoming inauguration as the first president to support Bitcoin. The event has drawn widespread attention, considered a typical case of Bitcoin miners using blockchain technology for artistic creation. MARA Holdings used its invented transaction ordering strategy to permanently preserve Trump's portrait as block art, paying $443,148 in fees and block rewards. The portrait, generated by AI, was embedded into BTC block 879613, dubbed the "Trump 47" block. The event has sparked controversy, with some considering it excessive publicity for a political figure while others see it as an innovative application of blockchain technology.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Embedding Trump's portrait into the Bitcoin blockchain is a form of political expression, aiming to commemorate him as the first president to support Bitcoin.
This act utilizes the permanence of blockchain to permanently preserve Trump's portrait as a form of art.
Embedding Trump's portrait into the Bitcoin blockchain is a marketing strategy aimed at boosting MARA Holdings' visibility.
This action has sparked controversy, with some arguing it's an abuse of blockchain technology, while others see it as a commemoration of a political figure.