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Here's Why Bitcoin's Hash Rate Is Surging Towards a New All-Time High
Here's Why Bitcoin's Hash Rate Is Surging Towards a New All-Time High
Bitcoin  •  Technology  •  Sep 14, 2020 by Nick Chong

Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.

MicroStrategy Buys Another 16,796 Bitcoin
MicroStrategy Buys Another 16,796 Bitcoin
News  •  Bitcoin  •  Sep 14, 2020 by Will Heasman

Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands

You Can Now Buy a Private Jet With Bitcoin
You Can Now Buy a Private Jet With Bitcoin

Aviatrade, a private airplane sales company, unveiled a new payment platform last week that allows the well-heeled to purchase multimillion-dollar private jets using bitcoin, according to a report by Business Insider. First on the catalog is a six-year-old Gulfstream G650ER, a private jet with a $40 million sticker price and

Bitcoin  •  Business  •  Sep 14, 2020
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You Can Now Buy a Private Jet With Bitcoin
You Can Now Buy a Private Jet With Bitcoin

Aviatrade, a private airplane sales company, unveiled a new payment platform last week that allows the well-heeled to purchase multimillion-dollar private jets using bitcoin, according to a report by Business Insider. First on the catalog is a six-year-old Gulfstream G650ER, a private jet with a $40 million sticker price and

Bitcoin  •  Business  •  Sep 14, 2020
Here's Why Bitcoin's Hash Rate Is Surging Towards a New All-Time High
Here's Why Bitcoin's Hash Rate Is Surging Towards a New All-Time High

Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.

Bitcoin  •  Technology  •  Sep 14, 2020
MicroStrategy Buys Another 16,796 Bitcoin
MicroStrategy Buys Another 16,796 Bitcoin

Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands

News  •  Bitcoin  •  Sep 14, 2020
MicroStrategy Tells SEC It May Buy More Bitcoin
MicroStrategy Tells SEC It May Buy More Bitcoin

On September 11th, MicroStrategy notified the SEC that it had adopted a new Treasury Reserve Policy. In Item 8.01 of the filing, the company noted that its bitcoin holdings “may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.” The notification comes after the

News  •  Bitcoin  •  Sep 13, 2020
The Top 5 Lightning Games in 2020
The Top 5 Lightning Games in 2020

Throughout the history of Bitcoin, games have played a recurring role in the leading cryptocurrency’s adoption. Online dice-based betting game Satoshi Dice was one of the earliest and most popular game applications that gained traction in the Bitcoin space. Just three weeks after its official launch on bitcointalk.org

Feature  •  Bitcoin  •  Sep 12, 2020
Blockstream Joins Forces with Square in Crypto Open Patent Alliance
Blockstream Joins Forces with Square in Crypto Open Patent Alliance

Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square.  According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth

News  •  Bitcoin  •  Sep 10, 2020
GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin
GitHub CEO Isn't Concerned Central Bank Censorship Will Hurt Bitcoin

It's no secret that many central bank officials are no fans of Bitcoin.  Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin

News  •  Bitcoin  •  Sep 09, 2020
Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival
Bitmain Denied $30 Million in Damages from Bitcoin Mining Rival

The Beijing No. 1 Intermediate People’s Court denied an appeal filed by Bitcoin mining firm Bitmain that sought over 210 million yuan (approximately $30 million) in damages from its rival Poolin, according to a court filing made public this week. Bitmain Accuses Poolin Co-Founders of Violating Non-Competes Poolin and

News  •  Bitcoin  •  Sep 09, 2020
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