#Bitcoin miners permanently preserved a portrait of Donald Trump as block art.#
Hot Topic Overview
Overview
Bitcoin mining company MARA Holdings permanently enshrined a portrait of President-elect Donald Trump as blockchain art, encrypting the portrait into a Bitcoin block using a transaction ordering strategy. The move occurred ahead of Trump's inauguration, costing the company $443,148 and yielding a block reward. The portrait, created by arranging block data, is considered a form of blockchain art and is permanently preserved on the Bitcoin blockchain.
Ace Hot Topic Analysis
Analysis
Bitcoin miner MARA Holdings has encrypted a portrait of President-elect Donald Trump into a Bitcoin block, permanently preserving it as block art. The move comes ahead of Trump's inauguration on Monday. The company used its invented transaction ordering strategy to arrange Trump's portrait in the form of block data, paying $443,148 in fees and block rewards. This portrait will forever exist on the Bitcoin blockchain, becoming a unique case of block art. The event has drawn attention to the applications of blockchain technology and showcased the creativity of Bitcoin miners on the blockchain.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin
miners
used
a
transaction
ordering
strategy
to
permanently
preserve
a
Trump
portrait
as
block
art,
a
move
that
brought
financial
gains
to
mining
companies.
The
Trump
portrait
will
forever
be
part
of
the
Bitcoin
blockchain,
a
move
that
has
sparked
discussions
about
blockchain
art
and
political
expression.