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MainNewsDonald Trump...

Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital


Jan, 17, 2025
1 min read
by Oluwapelumi Adejumo
for CryptoSlate
Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital

Marathon Digital, a prominent Bitcoin mining company, has immortalized incoming US President Donald Trump on the blockchain network of the flagship digital asset.

On Jan. 17, Marathon Digital CEO Fred Thiel detailed the creation of the “Trump 47” block on social media platform X, saying:

“The ‘Trump 47’ block was composed with AI to form a portrait of President Trump in honor of his upcoming inauguration as the first pro-Bitcoin president.”

On-chain data shows that the image was inscribed on block 825,642 and was finalized at approximately 14:32 UTC. It features a blockchain inscription of Trump’s portrait and emphasizes his position as the 47th President of the United States.

The transaction cost 1.244 BTC, which equaled approximately $127,000 at the time of writing.

Beyond the portrait, the block also includes preserved copies of significant American documents, such as the US Constitution and the Bill of Rights.

Thiel explained that Marathon used its MARA Pool mining power to create these lasting imprints, emphasizing a broader vision of intertwining blockchain technology with American heritage.

He added:

“We are excited to honor President Trump and contribute to American blockspace through this effort, and together make America the Crypto capital of the world.”

The gesture celebrates Trump’s pro-Bitcoin stance and serves as a statement on the enduring possibilities of blockchain technology.

Over the past year, Trump’s shift from crypto skepticism to vocal support for Bitcoin has drawn significant attention. The president-elect has endorsed the top digital asset and hinted at plans to champion the emerging industry through favorable policies like implementing a Bitcoin National Reserve.

These moves have sparked optimism within the crypto sector, with many hopeful that his administration will address long-standing regulatory uncertainties that have hindered the sector’s growth.

The post Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

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MainNewsDonald Trump...

Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital


Jan, 17, 2025
1 min read
by Oluwapelumi Adejumo
for CryptoSlate
Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital

Marathon Digital, a prominent Bitcoin mining company, has immortalized incoming US President Donald Trump on the blockchain network of the flagship digital asset.

On Jan. 17, Marathon Digital CEO Fred Thiel detailed the creation of the “Trump 47” block on social media platform X, saying:

“The ‘Trump 47’ block was composed with AI to form a portrait of President Trump in honor of his upcoming inauguration as the first pro-Bitcoin president.”

On-chain data shows that the image was inscribed on block 825,642 and was finalized at approximately 14:32 UTC. It features a blockchain inscription of Trump’s portrait and emphasizes his position as the 47th President of the United States.

The transaction cost 1.244 BTC, which equaled approximately $127,000 at the time of writing.

Beyond the portrait, the block also includes preserved copies of significant American documents, such as the US Constitution and the Bill of Rights.

Thiel explained that Marathon used its MARA Pool mining power to create these lasting imprints, emphasizing a broader vision of intertwining blockchain technology with American heritage.

He added:

“We are excited to honor President Trump and contribute to American blockspace through this effort, and together make America the Crypto capital of the world.”

The gesture celebrates Trump’s pro-Bitcoin stance and serves as a statement on the enduring possibilities of blockchain technology.

Over the past year, Trump’s shift from crypto skepticism to vocal support for Bitcoin has drawn significant attention. The president-elect has endorsed the top digital asset and hinted at plans to champion the emerging industry through favorable policies like implementing a Bitcoin National Reserve.

These moves have sparked optimism within the crypto sector, with many hopeful that his administration will address long-standing regulatory uncertainties that have hindered the sector’s growth.

The post Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital appeared first on CryptoSlate.

Read the article at CryptoSlate

Read More

Bitcoin Drops 7% as Wall Street Futures Slide Before Monday’s Open

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Bitcoin dipped to an intraday low of $77,098, mirroring the downturn in futures marke...
Apr, 07, 2025
by Bitcoin News
Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

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