Announcement
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation

Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in

News  •  Bitcoin  •  Jul 30, 2022
Santander Bank Will Offer Bitcoin and Crypto Services in Brazil
Santander Bank Will Offer Bitcoin and Crypto Services in Brazil

According to a report from the regional newspaper Folha de S. Paulo, Santander Brazil, the third-largest private bank in the nation, is preparing to introduce Bitcoin and cryptocurrency services for their customers.  CEO Mario Leao stated during his interview:  We expect to have definitions about it in the next few

News  •  Bitcoin  •  Jul 29, 2022
New Foundry Academy Trains Bitcoin Mining Technicians
New Foundry Academy Trains Bitcoin Mining Technicians

Digital asset mining and staking firm Foundry has launched an initiative to train Bitcoin mining technicians. The program, known as Foundry Academy, completed its first training session back in May. The next session, set to begin on September 12, 2022, is already open for registration.   Executive Director Craig Ross states:

News  •  Bitcoin  •  Jul 29, 2022
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

News  •  Bitcoin  •  Jul 28, 2022
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment

Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being

News  •  Bitcoin  •  Jul 28, 2022
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation

Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in

News  •  Bitcoin  •  Jul 30, 2022
Featured Articles 4 Articles
Business View All
Strategy Acquires 2,932 Bitcoin Using ATM Offering Proceeds
Strategy Acquires 2,932 Bitcoin Using ATM Offering Proceeds

Strategy disclosed that it acquired 2,932 Bitcoin for $264.1 million using ATM offering proceeds, increasing total holdings to 712,647 Bitcoin.

The Smarter Web Company Adds 10 Bitcoin to Treasury
The Smarter Web Company Adds 10 Bitcoin to Treasury

The Smarter Web Company acquired 10 Bitcoin for £672,097, increasing total holdings to 2,674 Bitcoin under its long-term treasury policy.

Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers

Steak ’n Shake will pay hourly workers a $0.21-per-hour Bitcoin bonus starting March 1st.

Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition
Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition

Strategy bought 22,305 Bitcoin for about $2.13 billion, raising its total holdings to 709,715 Bitcoin, according to an SEC filing.

Politics View All
Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

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