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Bitcoin Hash Rate Recovers As Miners Leave China Behind
Bitcoin Hash Rate Recovers As Miners Leave China Behind
News  •  Bitcoin  •  Aug 23, 2021 by Jeannie Bennett

Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to

Blockstream Raises $210 Million at a $3.2 Billion Valuation
Blockstream Raises $210 Million at a $3.2 Billion Valuation
News  •  Business  •  Aug 23, 2021 by Thomas M

Bitcoin infrastructure firm Blockstream has raised $210 million as part of its Series B round, which values the company at $3.2 billion. Among the investors are investment firm Baillie Gifford and iFinex, parent company of cryptocurrency exchange Bitfinex. Blockstream further revealed that it had acquired Israel-based bitcoin mining hardware

Bitcoin ATM Adoption Is on the Rise
Bitcoin ATM Adoption Is on the Rise

Good news for your Bitcoin wallet: strange things are afoot at the Circle K. The deployment of Bitcoin ATMs is on the rise and may be coming to a gas station or bodega near you. Circle K has announced plans to install Bitcoin ATMs in their stores. This move comes

News  •  Bitcoin  •  Aug 24, 2021
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Bitcoin ATM Adoption Is on the Rise
Bitcoin ATM Adoption Is on the Rise

Good news for your Bitcoin wallet: strange things are afoot at the Circle K. The deployment of Bitcoin ATMs is on the rise and may be coming to a gas station or bodega near you. Circle K has announced plans to install Bitcoin ATMs in their stores. This move comes

News  •  Bitcoin  •  Aug 24, 2021
Bitcoin Hash Rate Recovers As Miners Leave China Behind
Bitcoin Hash Rate Recovers As Miners Leave China Behind

Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to

News  •  Bitcoin  •  Aug 23, 2021
Blockstream Raises $210 Million at a $3.2 Billion Valuation
Blockstream Raises $210 Million at a $3.2 Billion Valuation

Bitcoin infrastructure firm Blockstream has raised $210 million as part of its Series B round, which values the company at $3.2 billion. Among the investors are investment firm Baillie Gifford and iFinex, parent company of cryptocurrency exchange Bitfinex. Blockstream further revealed that it had acquired Israel-based bitcoin mining hardware

News  •  Business  •  Aug 23, 2021
Decentralization — Coming to a Screen Near You
Decentralization — Coming to a Screen Near You

You should never laugh at people from the past, unless you’re comfortable with future generations mocking you. But it’s still funny to think that in the early days of radio, families used to gather in front of their giant, sideboard-sized sets and stare at them while they listened.

Opinion  •  Bitcoin  •  Aug 23, 2021
The Lightning Network Is Growing Rapidly and Changing Bitcoin's Payment Narrative
The Lightning Network Is Growing Rapidly and Changing Bitcoin's Payment Narrative

The growth of Bitcoin's Lightning network has exploded in recent weeks. Several key metrics used to measure the network size and connectivity have reached all-time highs. Among them: the public node count which, after reaching 10,000 only in April, has since surpassed the 25,000 mark, according

News  •  Bitcoin  •  Aug 18, 2021
El Salvador's Central Bank Publishes Draft Banking Regulations Under the Bitcoin Law
El Salvador's Central Bank Publishes Draft Banking Regulations Under the Bitcoin Law

On September 7th, El Salvador's Ley Bitcoin ("Bitcoin Law") officially goes into effect, enacting the law passed in Congress on June 9th in the Central American country. Leading up to that day, the Salvadoran central bank, Banco Central de Reserva (BCR), this week published draft guidelines

News  •  Economy  •  Aug 18, 2021
Blockstream Announces New Service to Increase ROI on Renewable Energy
Blockstream Announces New Service to Increase ROI on Renewable Energy

With its latest project, Bitcoin infrastructure company Blockstream seeks to increase the financial viability of renewable energy investments and improve energy production efficiency worldwide.  Dubbed Blockstream Energy, the project involves so-called modular mining units (MMUs), essentially small self-contained bitcoin mining facilities built into large containers that can be used as

News  •  Bitcoin  •  Aug 16, 2021
The Great Survivor
The Great Survivor

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  Aug 16, 2021
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