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Several news outlets are reporting that the Central African Republic (CAR) has passed a bill favoring Bitcoin and cryptocurrency. While some headlines suggest that the African nation has adopted Bitcoin entirely, this is not the case. The approved bill will allow for Bitcoin and cryptocurrency use within the financial markets.
The Bitcoin Mining Council (BMC) is a voluntary cohort of Bitcoin miners that want to share best mining practices and educate the public on Bitcoin. As an open forum, the council strives to be transparent with their concerns and findings. On April 25th, 2022 the BMC announced the results of
The 266th solo block was mined by a solo miner with a hashrate of 60 TH/s and earned approximately 6.27102221 BTC ($243,000) in the process. The miner was solo mining on ckpool similar to previous solo miners who earned a block reward on their own. Dr. Con
News • Bitcoin • Apr 27, 2022Several news outlets are reporting that the Central African Republic (CAR) has passed a bill favoring Bitcoin and cryptocurrency. While some headlines suggest that the African nation has adopted Bitcoin entirely, this is not the case. The approved bill will allow for Bitcoin and cryptocurrency use within the financial markets.
News • Bitcoin • Apr 26, 2022The Bitcoin Mining Council (BMC) is a voluntary cohort of Bitcoin miners that want to share best mining practices and educate the public on Bitcoin. As an open forum, the council strives to be transparent with their concerns and findings. On April 25th, 2022 the BMC announced the results of
News • Bitcoin • Apr 26, 2022A court filing from last month states that Silk Road founder Ross Ulbricht is forfeiting 69,370 Bitcoin, Bitcoin Gold, Bitcoin Cash, and Bitcoin SV. Combined, the assets equate to over $3 billion. The report also states the address that the funds originated from. In 2020, the Bitcoin and cryptocurrencies
News • Bitcoin • Apr 25, 2022The rumor quickly spread and caught the attention of Bitcoin Twitter. Many expressed mixed feelings of disbelief and disappointment. As the perma-bear Peter Schiff got a whiff of the rumor, he expressed his concerns on Twitter about the unethical nature and legal consequences if verified true. The medium post claimed
News • Bitcoin • Apr 25, 2022The U.S. Treasury continues its campaign to accelerate hyperbitcoinization. Last week, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against BitRiver AG and ten of its Russia-based subsidiaries. The sanctions are not intended to stop Russia from mining cryptocurrency, but to address Russia’s ability
News • Bitcoin • Apr 25, 2022With claims to prevent “unproductive outflow of capital,” the National Bank of Ukraine (NBU) is focussing their efforts on stabilizing the country’s foreign exchange market. Their announcement clarifies the lengths that are required from the bank and the citizens of Ukraine. Ukrainian citizens are still able to purchase Bitcoin,
News • Bitcoin • Apr 22, 2022The International Monetary Fund (IMF) is calling on global policymakers to begin developing new standards for cryptocurrency. The financial institution is particularly concerned about heightened tensions between Ukraine and Russia. In its Global Financial Stability Report, IMF addressed the increase of downside risks amid Russia’s invasion. There is a
News • Bitcoin • Apr 21, 2022