The Bitcoin Mining Council (BMC) is a voluntary cohort of Bitcoin miners that want to share best mining practices and educate the public on Bitcoin. As an open forum, the council strives to be transparent with their concerns and findings. On April 25th, 2022 the BMC announced the results of

A court filing from last month states that Silk Road founder Ross Ulbricht is forfeiting 69,370 Bitcoin, Bitcoin Gold, Bitcoin Cash, and Bitcoin SV. Combined, the assets equate to over $3 billion. The report also states the address that the funds originated from.  In 2020, the Bitcoin and cryptocurrencies

The rumor quickly spread and caught the attention of Bitcoin Twitter. Many expressed mixed feelings of disbelief and disappointment.   As the perma-bear Peter Schiff got a whiff of the rumor, he expressed his concerns on Twitter about the unethical nature and legal consequences if verified true. The medium post claimed

The U.S. Treasury continues its campaign to accelerate hyperbitcoinization. Last week, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against BitRiver AG and ten of its Russia-based subsidiaries. The sanctions are not intended to stop Russia from mining cryptocurrency, but to address Russia’s ability