Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline

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Slush Pool, the world’s oldest mining pool,  put  a Reuters headline about  Bitcoin’s 2020 bull run  in a block on Dec. 2.“Dollar plummets on U. S. stimulus hopes; Bitcoin hits all-time peak” is now part of Bitcoin block number 659678. Announcing the news on Twitter, Slush Pool said that the pool’s miners wanted to “immortalize” the bullish Bitcoin ( BTC ) headline from mainstream media, making it live forever on the Bitcoin blockchain. Reuters published the article about the weakening U. S. dollar while Bitcoin was hitting all-time highs on Dec. 1. In the piece, columnist Gertrude Chavez-Dreyfuss noted that the U. S. dollar’s drop coincided with the news of a second COVID-19 relief bill being discussed in the Unite States Congress. Encoding the article in the Bitcoin blockchain seems to be a nod to the genesis block, which contains a 2009 headline from The Times that reads , “Chancellor on brink of second bailout for banks.”As Cointelegraph previously reported,  Bitcoin hit a new all-time high on some crypto exchanges on Dec. 1, surpassing $19,892. Amid an ongoing rally on crypto markets, mainstream media has significantly increased its focus on the industry and Bitcoin. Peter Schiff, a gold enthusiast and one of the biggest Bitcoin naysayers, has  opposed news agencies ’ coverage of the current crypto boom. “CNBC’s excessive coverage of Bitcoin sets a new low in financial journalism ethics,” Schiff said in a Dec. 1 tweet.


All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/oldest-bitcoin-mining-pool-immortalizes-bullish-reuters-headline


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