Announcement
Core Scientific To Expand Mining Operations by 75 MW
Core Scientific To Expand Mining Operations by 75 MW

Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW). The company expects $50 million in increased revenue from the addition of new ASICs to its

News  •  Bitcoin  •  Jul 28, 2022
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments

On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.  Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing

News  •  Bitcoin  •  Jul 26, 2022
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading

XP Inc., Brazil’s largest investment broker by market value, will begin offering Bitcoin trading next month. In a report released by Reuters, the company said it will list Bitcoin on its trading platform, Xtage, by mid-August. According to Lucas Rabechini, the company’s director of financial products, there are

News  •  Bitcoin  •  Jul 26, 2022
Bitfinex and Tether Collaborate on New P2P Video and Chat App for Bitcoin Lightning Payments
Bitfinex and Tether Collaborate on New P2P Video and Chat App for Bitcoin Lightning Payments

Bitfinex and Tether have collaborated with the open source team behind the Hypercore protocol to bring to market the peer-to-peer communications app, Keet.  Keet allows users to communicate via video, text, and instant file exchange in a true peer-to-peer way and has plans to integrate Bitcoin payments on lightning, as

News  •  Bitcoin  •  Jul 25, 2022
New Chipotle Promotion Encourages Customers To Buy the Dip
New Chipotle Promotion Encourages Customers To Buy the Dip

Chipotle is no stranger to promoting their brand through Bitcoin and cryptocurrency. As per this press release, Chipotle has announced today that it will give away more than $200,000 in free Bitcoin and crypto to its users as well as provide promo codes for 1-cent guac and 1-cent Queso

News  •  Bitcoin  •  Jul 25, 2022
Core Scientific To Expand Mining Operations by 75 MW
Core Scientific To Expand Mining Operations by 75 MW

Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW). The company expects $50 million in increased revenue from the addition of new ASICs to its

News  •  Bitcoin  •  Jul 28, 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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