Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

Slush Pool, the world’s oldest mining pool, put a Reuters headline about Bitcoin’s 2020 bull run in a block on Dec. 2.

“Greenback plummets on U.S. stimulus hopes; Bitcoin hits all-time peak” is now a part of Bitcoin block quantity 659678.

Asserting the information on Twitter, Slush Pool stated that the pool’s miners needed to “immortalize” the bullish Bitcoin (BTC) headline from mainstream media, making it reside endlessly on the Bitcoin blockchain.

Reuters printed the article in regards to the weakening U.S. greenback whereas Bitcoin was hitting all-time highs on Dec. 1. Within the piece, columnist Gertrude Chavez-Dreyfuss famous that the U.S. greenback’s drop coincided with the information of a second COVID-19 aid invoice being mentioned within the Unite States Congress.

Encoding the article within the Bitcoin blockchain appears to be a nod to the genesis block, which accommodates a 2009 headline from The Occasions that reads, “Chancellor on brink of second bailout for banks.” 

As Cointelegraph beforehand reported, Bitcoin hit a brand new all-time excessive on some crypto exchanges on Dec. 1, surpassing $19,892.

Amid an ongoing rally on crypto markets, mainstream media has considerably elevated its give attention to the trade and Bitcoin. Peter Schiff, a gold fanatic and one of many greatest Bitcoin naysayers, has opposed information businesses’ protection of the present crypto growth. “CNBC’s extreme protection of Bitcoin units a brand new low in monetary journalism ethics,” Schiff stated in a Dec. 1 tweet.