Intel announced on April 4th that the company will be launching an energy efficient mining chip in the third quarter of 2022. The Intel Blockscale ASIC (Application-specific Integrated Circuit) is considered to be the culmination of all of Intel’s work. With a dedicated research and development (R&D)

What is Bitcoin? To the uninitiated, this question sounds rather unexciting. They understand Bitcoin to be a cryptocurrency as it is repeatedly portrayed by the mainstream media. While this is true on a very superficial level, the common Bitcoiner would stress the fact that Bitcoin is more than just a

On April 1, 2022, PrimeBlock announced its merger with 10X Capital Venture Acquisition Corp. According to the press release, this was done in order to support and expand on PrimeBlock’s current emphasis on technologies in the blockchain ecosystem.  PrimeBlock provides infrastructure for various blockchain technologies and runs a Bitcoin

According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk. This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In

Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies. Topics that attendees brought up with Dorsey include: * Energy consumption - Dorsey covered the various ways that

Starting on May 1st, Indonesia has plans to charge a value-added tax (VAT) on crypto transactions and capital gains taxes on income. The VAT rate is currently below 11% on most Indonesian goods and services, and capital gains are expected to be 0.1%, which is also the capital gains

Mainstream pundits like to paint Bitcoin as this hyper volatile, speculative thing that only a degenerate gambler would touch. Investing in the stock market, on the other hand, is usually promoted as a responsible, conservative thing to do with your money. But isn’t it actually the other way around?

Canadian oil and gas company, Bengal Energy, prepares to launch Bitcoin mining efforts in Australia. The company will be setting up a portable building for the purpose of housing 70 mining rigs as part of its up-and-coming pilot program. These rigs will be close to gas wells that were previously