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NASHVILLE, February 6, 2024 – HIVE Digital Applied sciences Ltd. (NASDAQ: HIVE) and bitcoin journal Announce “FUD Fighters,” a brand new initiative targeted on training on the numerous false narratives expressed by critics of Bitcoin. The “FUD Fighters” sequence will consist of 4 deeply researched articles written by trade specialists to fight inaccurate, biased, and misinformed tales that try to mislead the general public about Bitcoin. Via this initiative, HIVE and bitcoin journal Via a data-oriented method, the purpose is to spotlight the true advantages of this expertise and, consequently, rebuke the blatantly false reporting of conventional media retailers, pundits and biased researchers. “FUD Fighters” will present the Bitcoin group with a rebuttal of generally disseminated “FUD” (Concern, Uncertainty, Doubt) in order that the group can improve its skill to counter the lies that pervade monetary markets, energy infrastructure, and social norms. There are obstacles to the mixing of Bitcoin.
As the primary Bitcoin media group (est. 2012), bitcoin journal Has educated the general public on Bitcoin and Bitcoin mining for over a decade, working to supply high-quality journalism on the inside workings of the Bitcoin ecosystem. Since Bitcoin's entry into the mainstream cultural and political dialog, the expertise has been undeservedly maligned by legacy pursuits for its perceived inefficiency, hazard, or waste. Together with HIVE, Bitcoin Journal believes that these claims are fully unfounded, and in lots of instances, replicate the biases, motivated reasoning, and cognitive distortions prevalent among the many people and establishments that Bitcoin goals to disrupt. is prepared.
HIVE Govt Chairman Frank Holmes stated in a press release bitcoin journalFamous the significance of Bitcoin training amid the general lack of goal reporting on the subject:
“At HIVE, we’re captivated with our efforts to help and safe the Bitcoin community of 17,000 lively nodes for the good thing about our shareholders, but in addition for our perception in Bitcoin’s distinctive skill to be a conveyable, scarce, and digital supply of wealth.” . Property.
It appears that evidently establishments that criticize gold or different different asset lessons have even harsher emotions in the direction of Bitcoin. This remark underscores a broader sample of resistance to different shops of worth and decentralized, moveable belongings by conventional monetary establishments, financial institution lobbyists, and international non-elected businesses just like the Financial institution of Worldwide Settlements.
Goal reporting may be uncommon within the Bitcoin area, making it necessary for traders to independently get hold of information and understanding. We hope that the “FUD Fighters” marketing campaign with Bitcoin Journal – a long-time chief in Bitcoin and a enterprise associate of HIVE – can just do that. FUD ends now.”
Mark Goodwin, bitcoin journalEditor-in-Chief:
“For these working in Bitcoin, we now count on poorly expressed, but shockingly fashionable, media campaigns that emerge once in a while. From unlucky criticisms of its vitality use, to these by its tech rivals From projecting one's personal irregularities onto Bitcoin and the ever-classic ethos of particular person self-determination, these assaults are trivial, and reveal the underlying motivations of those that tax them.
It ought to be no secret that Bitcoin Journal as a publication has a standpoint, and that standpoint is that Bitcoin is a constructive expertise price combating for due to the advantages it gives humanity. To that finish, training and goal journalism are necessary to foster a public dialogue that may deal with the reality. FUD Fighters is an effort to make clear the muddy waters of the Bitcoin dialogue by exposing rebuttals from specialists who’ve taken the time to run the numbers and transcend the floor. Their findings largely contradict the unfounded claims that vested pursuits would favor to just accept as fact.”
The primary installment of the FUD Fighters sequence – a response to a brand new report from the United Nations College – comes from Margot Pays, PhD candidate in civil engineering and Analysis Fellow (Mining and Vitality) on the Bitcoin Coverage Institute. Margot is writing her PhD thesis on the Georgia Institute of Expertise on the interaction between Bitcoin mining and vitality middle knowledge modeling. Web page's FUD Fighters piece will present a pointy rebuttal of UN College's errors, misrepresentations and defective methodology method and the coverage suggestions made therein.
About Bitcoin Journal
Bitcoin Journal is the world's first publication to cowl Bitcoin, offering its worldwide readers with modern concepts, breaking information and international affect on the intersection of finance, expertise and Bitcoin. Working out of Nashville, Tennessee, Bitcoin Journal is revealed by BTC Media. For the most recent Bitcoin information, go to BitcoinMagazine.com.
About HIVE Digital Applied sciences
HIVE Digital Applied sciences Ltd. went public in 2017 as the primary cryptocurrency mining firm listed for buying and selling on the TSX Enterprise Change with a sustainable inexperienced vitality focus.
HIVE is a growth-oriented expertise inventory within the rising blockchain trade. As an organization whose shares commerce on a serious inventory change, we’re constructing a bridge between the digital forex and blockchain sector and conventional capital markets. HIVE has inexperienced energy-powered knowledge middle services in Canada, Sweden and Iceland, the place we try to supply geothermal and hydroelectric vitality to mine digital belongings like Bitcoin on the cloud.
Because the starting of 2021, HIVE has saved nearly all of its treasury of ETH and BTC obtained from mining rewards in safe storage. Our shares provide traders the expertise of a portfolio of Bitcoins together with the working margins of digital forex mining. As a result of HIVE additionally owns onerous belongings similar to knowledge facilities and superior multi-use servers, we consider our shares provide a pretty means for traders to realize publicity to the cryptocurrency sector.