Joshua Chretien
Joshua is a writer and Bitcoin enthusiast. His intellectual interests include geopolitics, philosophy and history. When not writing he enjoys travel and watching basketball.
As Bitcoin underwent its largest downward difficulty adjustment in history, miners may have rejoiced: the 27.94% reduction in difficulty makes mining easier and therefore more profitable for current miners. The drop corresponds with the large amount of miners being pushed offline in China in recent weeks. The difficulty level
News • Bitcoin • Jul 04, 2021Bitcoin mining has one of the highest sustainable energy mix of all global industries, according to the first report by the Bitcoin Mining Council. The executive summary of the report provides a strong rebuttal to detractors of the industry, stating that “Bitcoin mining uses negligible amounts of energy, is rapidly
News • Bitcoin • Jul 01, 2021Last weekend saw a wave of new restrictions come crashing down on cryptocurrency exchanges throughout the world. The primary crackdown targets were leveraged trading and other risky derivative products, although major exchanges were also barred from operating in certain jurisdictions altogether. Binance and Huobi, two of the largest exchanges in
News • Bitcoin • Jun 28, 2021The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday. The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within
News • Bitcoin • Jun 22, 2021BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan. The initial shipment contained over three hundred mining machines with a potential hash
News • Bitcoin • Jun 21, 2021MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value. The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
News • Bitcoin • Jun 20, 2021