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
As Bitcoin underwent its largest downward difficulty adjustment in history, miners may have rejoiced: the 27.94% reduction in difficulty makes mining easier and therefore more profitable for current miners. The drop corresponds with the large amount of miners being pushed offline in China in recent weeks.
The difficulty level
Bitcoin privacy wallet Wasabi has set out on a mission to make Bitcoin privacy more user-friendly. As the BTC Times reported last year, the developers behind Wasabi seek to make certain privacy best practices "effortless" — the pursuit tackles what some see as a major pain point in the
Bitcoin privacy wallet Wasabi has set out on a mission to make Bitcoin privacy more user-friendly. As the BTC Times reported last year, the developers behind Wasabi seek to make certain privacy best practices "effortless" — the pursuit tackles what some see as a major pain point in the
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
As Bitcoin underwent its largest downward difficulty adjustment in history, miners may have rejoiced: the 27.94% reduction in difficulty makes mining easier and therefore more profitable for current miners. The drop corresponds with the large amount of miners being pushed offline in China in recent weeks.
The difficulty level
Bitcoin mining has one of the highest sustainable energy mix of all global industries, according to the first report by the Bitcoin Mining Council.
The executive summary of the report provides a strong rebuttal to detractors of the industry, stating that “Bitcoin mining uses negligible amounts of energy, is rapidly
Last weekend saw a wave of new restrictions come crashing down on cryptocurrency exchanges throughout the world.
The primary crackdown targets were leveraged trading and other risky derivative products, although major exchanges were also barred from operating in certain jurisdictions altogether.
Binance and Huobi, two of the largest exchanges in
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
Banco de México, Mexico's central bank, was quick to shoot down plans voiced by the country's third-richest person Ricardo Salina for his bank Banco Azteca to become the first bank in Mexico to accept bitcoin.
Late last week, Salinas spoke about Bitcoin as "an asset
Bitcoin is headed for what is expected to be the largest downward difficulty adjustment in its history.
As China has effectively opted out of Bitcoin by instructing banks and payment service provides to cut off Bitcoin-linked transactions and ordering miners in various regions to shut down their operations, Bitcoin miners
