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Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly

News  •  Bitcoin  •  Feb 28, 2022
EU Indefinitely Delays Vote to Ban PoW Mining
EU Indefinitely Delays Vote to Ban PoW Mining

The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and

News  •  Bitcoin  •  Feb 25, 2022
U.S. Senator Ted Cruz Praises Bitcoin as Decentralized and Uncontrollable
U.S. Senator Ted Cruz Praises Bitcoin as Decentralized and Uncontrollable

In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin

News  •  Bitcoin  •  Feb 25, 2022
Ukraine National Bank Places New Restrictions and Resolutions on Thursday
Ukraine National Bank Places New Restrictions and Resolutions on Thursday

The Ukrainian National Bank (UNB) recently adopted a resolution following Russian attacks and the declaration of martial law within the country.   Adopted Resolutions   The resolution asserts that bank branches should continue normal operations unless life-threatening situations arise, or the health of the general population is at risk.   The resolution also

News  •  Politics  •  Feb 25, 2022
Tourism Booms in El Salvador as Bitcoin is Adopted
Tourism Booms in El Salvador as Bitcoin is Adopted

El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism. According to the Minister of Tourism (MITUR)

News  •  Bitcoin  •  Feb 24, 2022
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly

News  •  Bitcoin  •  Feb 28, 2022
Featured Articles 4 Articles
Business View All
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy

Capital B converted bonds and raised €2.8 million with backing from Adam Back to expand its Bitcoin treasury.

B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase

B HODL increased its holdings to 164.487 Bitcoin after purchasing one Bitcoin using funds from ATM share sales and capital allocation.

Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages
Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages

Coinbase and Better launched Bitcoin-backed mortgages using Fannie Mae-conforming loans.

Tether Advances Transparency Efforts With Planned Big Four Audit
Tether Advances Transparency Efforts With Planned Big Four Audit

Tether engaged a Big Four firm for its first full audit to improve transparency and oversight.

Politics View All
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

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.

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