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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

After months of hyping bitcoin, Elon Musk suddenly says Tesla will stop accepting it

Elon Musk says Tesla is abandoning plans to accept bitcoin as payment for the company's electric vehicles, citing the cryptocurrency's high environmental cost after months of being bullish on it......»»

Category: topSource:  cnnRelated NewsMay 13th, 2021

Elon Musk, Technoking of Tesla, orders a halt to bitcoin car payments 

Tesla CEO and self-dubbed Technoking is back-peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance, which was delivered via tweet, comes just weeks afte.....»»

Category: gadgetSource:  techcrunchRelated NewsMay 13th, 2021

Australia"s Wright Launches Lawsuit Over $5.7 Billion Bitcoin Haul

An Australian computer scientist who alleges he created bitcoin has launched a London High Court lawsuit against 16 software developers in an effort to secure bitcoin worth around 4 billion pounds ($5.7 billion) he says he owns. From a report: In a c.....»»

Category: topSource:  slashdotRelated NewsMay 12th, 2021

Chia farming can reportedly ruin a 512GB SSD in 40 days

To recap, Chia uses a 'proof of space and time' model instead of 'proof of work' (Bitcoin) or 'proof of stake' (Etherium 2.0), which essentially means farmers—it prefers the term to mining/miners—can earn the currency by allocating their unused d.....»»

Category: topSource:  techspotRelated NewsMay 11th, 2021

Private-equity firm revives zombie fossil-fuel power plant to mine bitcoin

Power plant was left for dead until the cryptocurrency boom came along. Enlarge (credit: Aurich Lawson / Getty) Few bitcoin projects illustrate the cryptocurrency’s enormous climate impact better than the Greenidge power plant in upstate New.....»»

Category: topSource:  arstechnicaRelated NewsMay 10th, 2021

What Square’s smashing earnings tell us about consumer bitcoin demand

Today we're talking Square earnings and its bitcoin base, especially in how it relates to the results of other entities that offer bitcoin sales. Shares of Square are up more than 6% today after the American fintech company reported a stagg.....»»

Category: topSource:  techcrunchRelated NewsMay 7th, 2021

Scrap for cash: Bronze Age witnessed revolution in small change across Europe

How did people living in the Bronze Age manage their finances before money became widespread? Researchers from the Universities of Göttingen and Rome have discovered that bronze scrap found in hoards in Europe circulated as a currency. These pieces.....»»

Category: topSource:  physorgRelated NewsMay 7th, 2021

TeamGroup builds "ultra-durable" NVMe SSDs designed for Chia mining

We've been warned of potential storage shortages and price hikes as a result of Chia, which uses a proof of space and time model that allows miners to farm/earn the currency by allocating their unused disk space. Adata says it has prompted a 500% inc.....»»

Category: topSource:  techspotRelated NewsMay 6th, 2021

Dogecoin is now the fourth largest cryptocurrency by market cap

The virtual currency, which utilizes the face of a Shiba Inu hunting dog from the “Doge” meme as its logo, is trading at $0.67 as of writing. That doesn’t seem like a big deal at face value, but what’s important to note here is the sheer numb.....»»

Category: topSource:  techspotRelated NewsMay 6th, 2021

TSMC sees orders for cryptomining chips pick up

Bitmain, a vendor of bitcoin mining ASICs and equipment, has placed 5nm chip orders with TSMC with production slated to kick off starting the third quarter, according to industry sources......»»

Category: itSource:  digitimesRelated NewsMay 6th, 2021

Santo Announces September Quarter 2019 Financial Results

Santo Mining Corp (OTCMKTS:SANP) If Math is God’s Universal Language, Then Blockchain is his Commerce and Bitcoin his Currency” — Frank Yglesias Bertheau HO CHI MINH CITY, VIETNAM, May 3, 2021 /EINPresswire.com/ — Santo Mining Corp. dba S.....»»

Category: cloudSource:  techienewsukRelated NewsMay 3rd, 2021

Ether Hits $3,000 as Bitcoin"s Crypto Dominance Declines

Bitcoin's domination of total cryptocurrency market value is declining as its next-biggest rival Ether reaches the $3,000 milestone. From a report: The rise of Ether suggests there's room for more than one winner among digital tokens as the sector ev.....»»

Category: topSource:  slashdotRelated NewsMay 3rd, 2021

Santo Announces June Quarter 2019 Financial Results

Santo Mining Corp (OTCMKTS:SANP) If Math is God’s Universal Language, Then Blockchain is his Commerce and Bitcoin his Currency” — Frank Yglesias Bertheau HO CHI MINH CITY, VIETNAM, May 3, 2021 /EINPresswire.com/ — Santo Mining Corp. dba S.....»»

Category: cloudSource:  techienewsukRelated NewsMay 3rd, 2021

What Is Cryptomining?

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 NewsMay 3rd, 2021

Santo Announces March Quarter 2019 Financial Results

Santo Mining Corp (OTCMKTS:SANP) If Math is God’s Universal Language, Then Blockchain is his Commerce and Bitcoin his Currency” — Frank Yglesias Bertheau HO CHIN MINH CITY, VIETNAM, May 3, 2021 /EINPresswire.com/ — Santo Mining Corp. dba.....»»

Category: cloudSource:  techienewsukRelated NewsMay 3rd, 2021

Tesla Has Already Sold 10% of Its Bitcoin

Newsweek writes: Elon Musk has hit back at a critic who claimed he pumped and dumped Bitcoin to "make a fortune" after Tesla reported first quarter earnings that surpassed market expectations... The company appears to have sold 10 percent of its Bit.....»»

Category: topSource:  slashdotRelated NewsMay 3rd, 2021

CNN Says "Move Over, Bitcoin. Ethereum is at an All-Time High"

CNN writes: Bitcoin prices continued their rebound Saturday, rising about 6% to nearly $58,000. But the world's largest cryptocurrency has been overshadowed lately by its younger sibling, Ethereum. Ethereum, or ether for short, hit a new record hig.....»»

Category: topSource:  slashdotRelated NewsMay 2nd, 2021

Go9tro Wireless LLC Introduces Advanced Bitcoin POS Merchant Services

The goal of the innovative crypto-funded company is to bring a more diverse group of people into the cryptocurrency space. CASPER, WYOMING, UNITED STATES, April 30, 2021 /EINPresswire.com/ — Go9tro Wireless LLC is staying true their goal of hel.....»»

Category: cloudSource:  techienewsukRelated NewsApr 30th, 2021

Chia crypto mining spurs 500% jump in Adata SSD sales, warranty warning from Galax

The Chia blockchain uses a 'proof of space and time' model instead of 'proof of work' (Bitcoin) or 'proof of stake' (Etherium 2.0). People can mine or farm the crypto by allocating their unused disk space, along with a time factor tied in for increas.....»»

Category: topSource:  techspotRelated NewsApr 30th, 2021

MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming

PreShow Interactive is giving gamers a new way to earn in-game currency in exchange for watching ads — a concept that’s become familiar in mobile games but hasn’t really made much headway on PCs or consoles. The startup is led by MovieP.....»»

Category: topSource:  techcrunchRelated NewsApr 29th, 2021