- 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 ຕະຫຼາດ 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) ກັນຍາ 16, 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.”
ແທນທີ່ຈະ, Michael Saylor ໂຕ້ຖຽງວ່າມັນແມ່ນ "ການນໍາໃຊ້ໄຟຟ້າອຸດສາຫະກໍາທີ່ສະອາດທີ່ສຸດແລະກໍາລັງປັບປຸງປະສິດທິພາບພະລັງງານໃນອັດຕາໄວທີ່ສຸດໃນທົ່ວອຸດສາຫະກໍາທີ່ສໍາຄັນ."
Saylor ສະຫນັບສະຫນູນການໂຕ້ຖຽງຂອງລາວໂດຍການອ້າງເຖິງການທົບທວນຄືນຂອງ H2 Global Bitcoin Data Mining ຈັດພີມມາໃນເດືອນກໍລະກົດໂດຍສະພາການຂຸດຄົ້ນບໍ່ແຮ່ຂອງ Bitcoin, ກຸ່ມຂອງ 45 ບໍລິສັດທີ່ອ້າງວ່າເປັນຕົວແທນ 50.5% ຂອງເຄືອຂ່າຍທົ່ວໂລກ, ໂດຍອ້າງອີງ: "ການວັດແທກຂອງພວກເຮົາສະແດງໃຫ້ເຫັນ ~ 59.5% ຂອງພະລັງງານ. ສໍາລັບການຂຸດຄົ້ນ bitcoin ແມ່ນມາຈາກແຫຼ່ງທີ່ຍືນຍົງແລະປະສິດທິພາບພະລັງງານປັບປຸງ 46% YoY."
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.
ສອງປີຜ່ານມາ, @MicroStrategy ໄດ້ເລີ່ມຕົ້ນໃນການ # bitcoin ຍຸດທະສາດ, ຮັບຮອງເອົາ BTC ເປັນຊັບສິນສະຫງວນຄັງຫຼັກຂອງຕົນ, ໄດ້ມາ 21,454 bitcoins ໃນລາຄາຊື້ລວມຂອງ $ 250 ລ້ານຫຼື ~ $ 11,653 ຕໍ່ 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/