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Bitcoin Miner PrimeBlock to Merge With 10x Capital Venture
Bitcoin Miner PrimeBlock to Merge With 10x Capital Venture
News  •  Bitcoin  •  Apr 02, 2022 by CJ

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

Bengal Energy to Mine Bitcoin With Stranded Gas in Australia
Bengal Energy to Mine Bitcoin With Stranded Gas in Australia
News  •  Bitcoin  •  Mar 31, 2022 by CJ

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

The UK Wants to Be The "Global Hub for Crypto"
The UK Wants to Be The "Global Hub for Crypto"

A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT. “It’s my ambition to make the UK a global hub

News  •  Bitcoin  •  Apr 04, 2022
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The UK Wants to Be The "Global Hub for Crypto"
The UK Wants to Be The "Global Hub for Crypto"

A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT. “It’s my ambition to make the UK a global hub

News  •  Bitcoin  •  Apr 04, 2022
Bitcoin Miner PrimeBlock to Merge With 10x Capital Venture
Bitcoin Miner PrimeBlock to Merge With 10x Capital Venture

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

News  •  Bitcoin  •  Apr 02, 2022
Bengal Energy to Mine Bitcoin With Stranded Gas in Australia
Bengal Energy to Mine Bitcoin With Stranded Gas in Australia

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

News  •  Bitcoin  •  Mar 31, 2022
Portland's Lightning Network Block Party
Portland's Lightning Network Block Party

A street party in Portland, Oregon celebrating the Bitcoin Lightning Network turned heads, and provided real-world use cases for the technology. The Bitcoin Beach-style street fair featured vendors, artists, and food trucks, all accepting payment via the Lightning Network. Fiat money, naturally, was banned from the event. Clay Graham, founder

News  •  Bitcoin  •  Mar 31, 2022
The Lightning Network Strikes at Kraken
The Lightning Network Strikes at Kraken

Kraken users can now instantly deposit and withdraw up to 0.1 Bitcoin with virtually zero fees using the Lightning Network. According to Pierre Rochard, who is a Bitcoin product manager at Kraken, “Adoption will come from people who have fiat in their bank account, and need to get it

News  •  Bitcoin  •  Mar 31, 2022
Dubai School Accepts Bitcoin
Dubai School Accepts Bitcoin

Citizens School, an educational institution in the UAE, will accept Bitcoin and Ethereum as a form of payment for tuition starting in September 2022. The school decided to adopt Bitcoin and Ethereum payment rails to aid parents by providing flexible payment options. The payment processor the school will use automatically

News  •  Bitcoin  •  Mar 30, 2022
MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin
MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin

On March 29th, 2022 MicroStrategy CEO Michael Saylor announced that MacroStrategy, a subsidiary of MicroStrategy, will use all proceeds from a Silvergate Bank loan to acquire more Bitcoin. At a current Bitcoin price of $47,500, MacroStrategy would be able to acquire around 4,315 BTC for their company balance

News  •  Bitcoin  •  Mar 29, 2022
The Risk To Lightning That No One Is Talking About
The Risk To Lightning That No One Is Talking About

I’m old enough to remember when the Lightning Network was supposed to solve Bitcoin’s transaction limitations. Instead of being slow and traceable, Lightning payments would be quick and private. Nocoiners would finally be forced to eat their FUD. It’s been five years since its initial launch, but

News  •  Bitcoin  •  Mar 24, 2022
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