- 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 pazar 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) Eylül 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.”
Aksine, Michael Saylor bunun "en temiz endüstriyel elektrik kullanımı olduğunu ve herhangi bir büyük endüstride enerji verimliliğini en hızlı oranda iyileştirdiğini" savunuyor.
Saylor, küresel ağın %2'ini temsil ettiğini iddia eden 45 şirketten oluşan bir grup olan Mining Council of Bitcoin tarafından Temmuz ayında yayınlanan H50.5 Global Bitcoin Data Mining incelemesine atıfta bulunarak argümanını destekledi: Bitcoin madenciliği için sürdürülebilir kaynaklardan geliyor ve enerji verimliliği yıllık bazda %59.5 arttı.”
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.
İki yıl önce, @MicroStrateji başladı #Bitcoin BTC'yi birincil hazine rezerv varlığı olarak benimseyen strateji, toplam 21,454 milyon $ veya bitcoin başına yaklaşık 250 $ satın alma fiyatıyla 11,653 bitcoin elde etti.
-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/