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The value of the company’s shares have nearly doubled since the initial announcement of what is being called the first “Bividend”. The Bividend will work similarly to a standard dividend except those who opt for this form of payment will receive $0.05 in Bitcoin per share based on
News • Bitcoin • Jan 14, 2022
Jack Dorsey’s Block (formerly known as Square) is officially entering the Bitcoin mining space. Last October Dorsey teased via a series of tweets that Block was considering building a Bitcoin mining system that is “based on custom silicon and open source for individuals and businesses worldwide.” On Thursday we
News • Jan 13, 2022
The Northwestern Arkansas Council has launched an initiative to attract talent to the Northwestern region of Arkansas by offering free bitcoin to individuals. Accepting individuals will be given up to $10,000 worth of free Bitcoin to help with relocation. The region has witnessed growth in both the tech and
News • Bitcoin • Jan 12, 2022
Bitcoin mining company Luxor is expanding its services to offer a marketplace for buying and selling Bitcoin miners, as well as a hashrate derivative and trading product. Luxor Technology Corporation revealed its 2022 plans Tuesday via a press release. The company looks to expand beyond its current offerings by utilizing
News • Bitcoin • Jan 12, 2022
The company's mining production numbers show a significant increase month over month, adding to the company’s growing bitcoin holdings. Executive Chairman of HIVE, Frank Holmes, expressed his satisfaction with the production results by stating: We are very pleased to report HIVE has continued its strong momentum in
News • Bitcoin • Jan 10, 2022
The digital asset mining company now holds over 4,300 bitcoin as of January 10, 2022, which is a 30% increase on its previous holdings. Bitfarms Founder Emiliano Grodzki commented on the purchase, explaining that “Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest
News • Bitcoin • Jan 10, 2022
The publicly-listed Canadian digital asset mining company revealed that it held 5,518 self-mined bitcoin at the end of 2021, a 97% increase year-over-year. The company currently holds more self-mined bitcoin than any other publicly traded company. The report also showed that the company mined 276 BTC in December 2021
News • Bitcoin • Jan 09, 2022
Turmoil in Kazakhstan over a country-wide uproar sparked by skyrocketing gas prices has led to the country's state-run internet service provider's shutdown. The move left 98% of the country without an internet connection. Kazakhstan was one of the beneficiaries of China’s mining ban which caused
News • Bitcoin • Jan 06, 2022