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.....»»
Video purportedly from Anonymous threatens Elon Musk over his crypto manipulation tweets
Elon Musk and Tesla helped Bitcoin reached record levels this year. The company in February announced it had invested $1.5 billion in the crypto and would soon be accepting it as payment for its products. By April, BTC peaked at just under $65,000......»»
El Salvador: World"s First Country to Adopt Bitcoin as Legal Tender?
CNBC reports that El Salvador "is looking to introduce legislation that will make it the world's first sovereign nation to adopt bitcoin as legal tender, alongside the U.S. dollar." In a video broadcast to Bitcoin 2021, a multiday conference in Miam.....»»
Miami Readies For Largest Bitcoin Conference In History
On Wednesday, crews were putting the final touches on the Bitcoin 2021 Convention, the world's largest-ever crypto-currency conference to be held this weekend at the Mana Convention Center in Wynwood. CBS4 Miami reports: Miami's crypto conference is.....»»
Resale Prices Triple for NVIDIA Chips as Gamers Compete with Bitcoin Miners
"In the niche world of customers for high-end semiconductors, a bitter feud is pitting bitcoin miners against hardcore gamers," reports Quartz: At issue is the latest line of NVIDIA graphics cards — powerful, cutting-edge chips with the comput.....»»
Iran Bans Crypto Mining After Months of Blackouts
Iran banned bitcoin mining this week, after four months of continuous blackouts partially due to what officials say is a huge energy suck from illegal mining. Gizmodo reports: President Hassan Rouhani said at a cabinet meeting Wednesday that a drough.....»»
UK Police Stumble Upon Bitcoin Mine While Looking For Cannabis Farm
phalse phace shares a report from the BBC: A suspected Bitcoin "mining" operation illegally stealing electricity has been found by police who were searching for a cannabis farm. Officers had been tipped off about the site on the Great Bridge Industri.....»»
Suspected marijuana farm turns out to be a Bitcoin mine that was stealing electricity from the grid
West Midlands Police said they had been tipped off that lots of people had been visiting the industrial unit in question. Upon closer inspection, they noted lots of wiring and ventilation ducts. Furthermore, police drones detected a considerable amou.....»»
"Irresponsible" Bitcoin poster ads banned by regulator
Poster adverts stating "it's time to buy" Bitcoin have been banned by the Advertising Standards Authority (ASA)......»»
"Irresponsible" London Underground Bitcoin advert banned
Cryptocurrency exchange Luno rapped by the ASA for targeting inexperienced consumers.....»»
Bitcoin Mining Council To Report Renewable Energy Usage
A new Bitcoin Mining Council has been created to improve the crypto-currency's sustainability, following a meeting of "leading" Bitcoin miners and Elon Musk. The BBC reports: It's hoped the council will "promote energy usage transparency" and encoura.....»»
Bitcoin Mining Council to report renewable energy usage
The Tesla CEO and a group of Bitcoin miners hope to improve the currency's sustainability......»»
Leading Bitcoin miners are looking to address environmental concerns
Executives from some of the leading Bitcoin mining outfits in the US recently met to discuss the impact that mining has on the environment......»»
Bitcoin Mining Council will promote energy usage transparency and improve sustainable practices
Executives from some of the leading Bitcoin mining outfits in the US recently met to discuss the impact that mining has on the environment......»»
China Will Likely Ban All Bitcoin Mining Soon
An anonymous reader quotes a report from Ars Technica: Bitcoin took investors on another rollercoaster ride over the weekend after a top regulator in China announced a crackdown on mining, a new tack in the country's ongoing fight against the cryptoc.....»»
China will likely ban all bitcoin mining soon
Country’s top financial regulator homes in on the source. Enlarge / Technicians inspect bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017. (credit: Qila.....»»
China crypto crackdown sees mining businesses end operations, crashes Bitcoin price
Bitcoin has been having a bit of a rollercoaster recently. It hit a record $65,000 in April but took a big hit when Elon Musk said Tesla would no longer accept it as payment for its vehicles due to concerns over the environmental impact of mining. Th.....»»
America"s Central Bank Seeks Public Comments on Issuing Its Own Digital Currency
"Technological advances are driving rapid change in the global payments landscape," says the U.S. federal reserve, the country's central banking system. They announced this week that they're "studying these developments" and exploring ways that the c.....»»
Papa John"s Celebrates "Bitcoin Pizza Day" - as Price of Bitcoin Drops to $38,240
Business Insider re-visits the story of why May 22nd is celebrated as "Bitcoin Pizza Day." Exactly 11 years ago today, a software programmer from Florida, Laszlo Hanyecz, became well known in the crypto world after trading 10,000 bitcoins for two P.....»»
Iran Uses Crypto Mining To Lessen Impact of Sanctions, Study Finds
Around 4.5% of all bitcoin mining takes place in Iran, allowing the country to earn hundreds of millions of dollars in cryptocurrencies that can be used to buy imports and lessen the impact of sanctions, a new study has found. At its current level of.....»»
Bitcoin, Dogecoin See Big Drops After China Reiterates Ban On Crypto Services
Bitcoin, Dogecoin, Ethereum and seemingly every cryptocurrency out there took a big hit Wednesday following the news of China reconfirming its criticism of the crypto service. This appeared to contribute to a sell-off across the board and is even aff.....»»