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Getting To Know The Bitcoin Currency

Bitcoin as a currency is not a new concept. This is a tool that has been in use since the invention of paper. In fact, it can be credited with creating the first completely decentralized online transaction. When you hear about people making transacti.....»»

Category: topSource:  tapscapeOct 19th, 2022

Researchers turn to stones to find the ancient origin of Bitcoin

Many investors compare Bitcoin to gold as a store of value, even referring to Bitcoin as "digital gold," a comparison believed to be one of the drivers of Bitcoin's meteoric rise over the past several months......»»

Category: topSource:  physorgRelated NewsSep 30th, 2021

TREZOR Hardware Wallet Review [Best Crypto Wallets 2021]

Trezor is well known as one of the most popular hardware wallets in the bitcoin and Ethereum communities. Trezor has been around for years, and it is one of the most trusted and secure cryptocurrency wallet solutions available. TREZOR MODEL.....»»

Category: gadgetSource:  walyouRelated NewsSep 29th, 2021

Why have Elon Musk and Tesla suddenly turned against bitcoin?

Elon Musk has performed a sudden U-turn on bitcoin over concerns about its energy usage, and says his electric car firm Tesla will no longer accept the cryptocurrency as payment – but will his decision have an impact, and could Tesla turn to an alt.....»»

Category: gadgetSource:  techcrunchRelated NewsSep 29th, 2021

Paying For Taco Bell With Dogecoin May Be Soon Be a Reality

An anonymous reader quotes a report from Bloomberg: How about paying for your Taco Bell order with Dogecoin? Or some of Whole Food's avocado ice cream with Bitcoin. That's the goal of a new partnership between crypto payment processor BitPay and Veri.....»»

Category: topSource:  slashdotRelated NewsSep 28th, 2021

As Environmental Criticism Mounts, Bitcoin Miners Eye Nuclear Power

"Bitcoin miners, under fire for their sizable environmental footprint, are forging partnerships with owners of struggling nuclear-power plants with electricity to spare," reports the Wall Street Journal: The matchups have the potential to solve key.....»»

Category: topSource:  slashdotRelated NewsSep 27th, 2021

26,000 and Counting: America is Installing Hundreds More Bitcoin ATMs Each Week

The cryptocurrency-ATM company Coinmover has over 100 machines in stores in Massachusetts, New Hampshire, Connecticut, and Washington state — and plans to have 1,250 machines in 18 states by the end of the year, reports the Boston Globe. Righ.....»»

Category: topSource:  slashdotRelated NewsSep 26th, 2021

Old Coal Plant Is Now Mining Bitcoin For a Utility Company

An anonymous reader quotes a report from Ars Technica: Bitcoin's massive power consumption is the cryptocurrency's dirty secret. To mine bitcoin, computers across the globe chew through enough electricity to power a medium size country, somewhere on.....»»

Category: topSource:  slashdotRelated NewsSep 25th, 2021

Old coal plant is now mining bitcoin for a utility company

Bitcoin is breathing new life into another ailing power plant. Enlarge (credit: Aurich Lawson / Getty) Bitcoin’s massive power consumption is the cryptocurrency’s dirty secret. To mine bitcoin, computers across the globe chew through enoug.....»»

Category: topSource:  arstechnicaRelated NewsSep 24th, 2021

Bitcoin outlawed in China as country bans all cryptocurrency transactions

Move comes as government seeks to limit fallout of looming real estate collapse. Enlarge / China has cracked down on bitcoin and other cryptocurrencies in a bid to limit capital outflows. (credit: Nuthawut Somsuk/iStock Editorial) China’s cr.....»»

Category: topSource:  arstechnicaRelated NewsSep 24th, 2021

Twitter will allow people to tip their favorite content creators with bitcoin

Twitter will allow people to tip their favorite content creators with bitcoin.....»»

Category: topSource:  theglobeandmailRelated NewsSep 24th, 2021

Twitter Adds Bitcoin Tipping, Pushes Further Into NFTs

Twitter will let users send and receive tips using Bitcoin as part of a broader push to help users make money from the service. From a report: Twitter also said Thursday that it's looking into authenticating users' nonfungible tokens -- digital goods.....»»

Category: topSource:  slashdotRelated NewsSep 23rd, 2021

Bitcoin protests in El Salvador against cryptocurrency as legal tender

The demonstrators burn Bitcoin machines, a week after the cryptocurrency became legal tender......»»

Category: hdrSource:  bbcRelated NewsSep 23rd, 2021

Bitcoin mining producing tonnes of waste

Waste from the cryptocurrency process is similar to that from IT equipment somewhere like the Netherlands......»»

Category: hdrSource:  bbcRelated NewsSep 23rd, 2021

The Fed Is Evaluating Whether To Launch a Digital Currency and In What Form

An anonymous reader quotes a report from CNBC: The Federal Reserve is pushing ahead with its study into whether to implement its own digital currency and will be releasing a paper on the issue shortly, Chairman Jerome Powell said Wednesday. No decisi.....»»

Category: topSource:  slashdotRelated NewsSep 22nd, 2021

El Salvador "bought the dip," added 150 Bitcoins to its holdings

Just one day into the experiment, which officially started on September 8, Bitcoin fell from more than $53,000 to around $46,500 according to Coindesk. Value recovered a bit over the past week and a half, but slid again over the weekend. El Salvador.....»»

Category: topSource:  techspotRelated NewsSep 21st, 2021

What is Crypto Mining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotRelated NewsAug 18th, 2021

T-Mobile says 48 million current and former customers impacted by hack, offers free identity theft protection

Earlier this week, it was reported that a hacker was offering to sell T-Mobile customer data. They claimed to have information relating to 100 million accounts, asking 6 Bitcoin, around $270,000, for a subset that contained info on 30 million social.....»»

Category: topSource:  techspotRelated NewsAug 18th, 2021

Crypto market cap passes $2 trillion as Bitcoin bounces back

April was a boom month for crypto as Bitcoin reached its record high of $64,000, helping push the market’s overall cap above $2 trillion. But several factors, including China's clampdown on mining and Elon Musk’s influence, saw BTC’s price fall.....»»

Category: topSource:  techspotRelated NewsAug 18th, 2021

Crypto world shows signs of being rather bullish

Bitcoin maximalists aren't going to find much here that underscores their core thesis that every coin not mentioned in Satoshi's whitepaper is, in fact, a scam. Save your tweets, please. Welcome back to The Exchange. Today we’re doing.....»»

Category: gadgetSource:  techcrunchRelated NewsAug 18th, 2021

Walmart Seeks Crypto Expert To Oversee Digital Currency Push

Walmart is looking to hire a cryptocurrency expert to develop a blockchain strategy, joining a growing number of major corporations exploring the viability of digital currencies such as Bitcoin. From a report: The position will be responsible for "de.....»»

Category: topSource:  slashdotRelated NewsAug 16th, 2021