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Bitcoin mining has gained a bad reputation for being poorly sustainable in comparison to other industries. However, recent data from the Bitcoin Mining Council's (BMC) data shows that the opposite is true. In fact, Bitcoin mining is the most sustainable industry on the planet. The BMC is a
Towerbank, among the top 30 banks in Panama, announced Bitcoin-friendly services at an event hosted by the Chamber of Digital Commerce and Blockchain of Panama. Executive Director of the event, Cristobal Pereira, made the initial announcement while Towerbank later confirmed the new offerings. Towerbank will provide Bitcoin-friendly services as long
A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the
News • Bitcoin • Jun 17, 2022A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the
News • Bitcoin • Jun 17, 2022Bitcoin mining has gained a bad reputation for being poorly sustainable in comparison to other industries. However, recent data from the Bitcoin Mining Council's (BMC) data shows that the opposite is true. In fact, Bitcoin mining is the most sustainable industry on the planet. The BMC is a
News • Bitcoin • Jun 04, 2022Towerbank, among the top 30 banks in Panama, announced Bitcoin-friendly services at an event hosted by the Chamber of Digital Commerce and Blockchain of Panama. Executive Director of the event, Cristobal Pereira, made the initial announcement while Towerbank later confirmed the new offerings. Towerbank will provide Bitcoin-friendly services as long
News • Bitcoin • Jun 01, 2022Bitcoin Argentina is a non-governmental organization that has partnered with Built With Bitcoin to educate up to 4,000 Argentine students across 40 high schools on the importance of Bitcoin. The project will begin with forty schools but hopes to increase that number in the future. The program is designed
News • Bitcoin • May 20, 2022President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along
News • Bitcoin • May 12, 2022Michael Saylor and his company, MicroStrategy, are one of the most outspoken supporters of Bitcoin. In fact, the company has one of the largest holdings of the digital asset in the world. However, attention has recently been drawn to the possibility of the company becoming insolvent due to Bitcoin'
News • Bitcoin • May 11, 2022Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News • Bitcoin • May 06, 2022The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
News • Bitcoin • May 04, 2022