- Ethereum Merge, the biggest and most popular event in crypto history, occurred on 15 September.
- Bitcoin is the leader among all cryptocurrencies and the biggest cryptocurrency following PoW.
On 17 September 2022, Bitcoin enthusiast Michael Saylor noted that Bitcoin is becoming stronger despite the Ethereum Merge. According to beliefs, Saylor’s proof-of-work (PoW) is a globally acknowledged and verified way to create a digital commodity.
The Ethereum Merge happened on 15 September, and the Merge upgraded the working mechanism of the Ethereum blockchain from proof-of-work(PoW) to proof-of-stake(PoS).
Before the Ethereum Merge happened, it was the most viral event and topic in the media and the most popular topic in crypto history.
Michael Saylor highlighted that Bitcoin would keep strengthening after the Merge, although he said PoW is the most proven way of developing a digital commodity. Saylor earlier termed Ethereum as a “security.” following Ethereum’s switch; Bitcoin operates around 95% of the overall piaţă centred on the PoW consensus mechanism.
"Ethereum’s big software update on Thursday may have turned the second-largest cryptocurrency into a security in the eyes of a top U.S. regulator." – @WSJ https://t.co/ROoGSs1s3W
- Michael Saylor
(@saylor) 16 Septembrie, 2022
Saylor said that “I foresee that Bitcoin will only become stronger. It won’t be weaker. PoW is the best way worldwide to establish a digital commodity.”
Mai degrabă, Michael Saylor susține că este „cea mai curată utilizare industrială a electricității și își îmbunătățește eficiența energetică la cel mai rapid ritm din orice industrie majoră”.
Saylor și-a susținut argumentul făcând referire la revizuirea H2 Global Bitcoin Data Mining publicată în iulie de Consiliul Miner al Bitcoin, un grup de 45 de companii care pretind că reprezintă 50.5% din rețeaua globală, citând: „Metricile noastre arată ~59.5% din energie. căci mineritul bitcoin provine din surse durabile, iar eficiența energetică s-a îmbunătățit cu 46% pe an.”
As per recent reliable information, Michael Saylor, who was operating Chief Executive Officer of MicroStrategy, resigned from his position of CEO and acquired a new position of Executive Chairman in the firm with the motto of purchasing Bitcoins.
MicroStrategy plans to sell its stock amounting to $500 million to purchase more cryptocurrencies.
Acum doi ani, @MicroStrategy s-a imbarcat pe o #Bitcoin strategie, adoptând BTC ca activ principal de rezervă de trezorerie, achiziționând 21,454 de bitcoini la un preț de achiziție total de 250 milioane USD sau ~11,653 USD per bitcoin.
- Michael Saylor
According to the data from CoinMarketCap, while writing this article, Bitcoin is trading at $18,473.10, the lowest trading price of Bitcoin in the last seven days.
Source: https://www.thecoinrepublic.com/2022/09/19/microstrategy-michael-saylor-only-bitcoins-pow-works-ethereum-weaker-post-pos-adoption/