#Bitcoin miners carve Trump portrait#
Hot Topic Overview
Overview
Recently, MARA Holdings, a US-listed Bitcoin mining company, used its invented transaction ordering strategy to encrypt a portrait of President-elect Donald Trump into a Bitcoin block, permanently preserving it as blockchain art. This occurred ahead of Trump's inauguration and resulted in a $443,148 fee and block reward for the company. The portrait was created by arranging block data, meaning it will forever exist on the Bitcoin blockchain.
Ace Hot Topic Analysis
Analysis
Bitcoin mining company MARA Holdings, using its transaction ordering strategy, embedded an encrypted portrait of President-elect Donald Trump into a Bitcoin block, permanently preserving it as block art. This action took place ahead of Trump's inauguration and netted the company $443,148 in fees and block rewards. MARA Holdings, by arranging block data in a specific way, presented Trump's portrait in pixels, permanently embedding it into the Bitcoin blockchain. This means the portrait will forever exist on the Bitcoin blockchain, unable to be deleted or modified. The event sparked widespread attention, with some seeing it as a political endorsement of Trump, while others viewed it as a novel form of art. Regardless, it showcases the unique characteristic of the Bitcoin blockchain to permanently preserve information and provides artists and businesses with a new way to express themselves.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin miners used a transaction ordering strategy to permanently preserve a portrait of Donald Trump as block art, this happened before Trump's inauguration, costing the company $443,148 in fees and block rewards.
Trump's portrait was created by arranging block data, becoming a permanent work of art on the blockchain.
The event sparked discussions about blockchain art and political expression.