News
News
Bitcoin miner HIVE Blockchain Technologies has added 3,019 new MicroBT WhatsMiner M30S machines to its fleet. The new additions will boost HIVE's hash rate by around 46%, the company said in an announcement on Monday. The high-performance machines have an aggregate hash rate of 264 petahashes per
Circle seeks to go public via a merger with a special purpose acquisition company (SPAC) that would place its valuation at $4.5 billion. The news became public on Thursday, when Circle announced the planned merger with Concord Acquisition Corp., making the firm the latest in a list of cryptocurrency
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
News - Bitcoin - Jul 12, 2021Obi 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
News - Bitcoin - Jul 12, 2021Bitcoin miner HIVE Blockchain Technologies has added 3,019 new MicroBT WhatsMiner M30S machines to its fleet. The new additions will boost HIVE's hash rate by around 46%, the company said in an announcement on Monday. The high-performance machines have an aggregate hash rate of 264 petahashes per
News - Business - Jul 11, 2021Circle seeks to go public via a merger with a special purpose acquisition company (SPAC) that would place its valuation at $4.5 billion. The news became public on Thursday, when Circle announced the planned merger with Concord Acquisition Corp., making the firm the latest in a list of cryptocurrency
News - Business - Jul 09, 2021German neobank N26 is working to enable Bitcoin and other cyptocurrency purchases for its seven million customers by the end of the year. The move comes although N26 co-founder Valentin Stalf is not exactly a Bitcoin fan, as German finance magazine Finance FWD reports. However, "the customers want crypto,
News - Business - Jul 07, 2021Bitcoin 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
News - Business - Jul 06, 2021As 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
News - Bitcoin - Jul 04, 2021Bitcoin 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
News - Bitcoin - Jul 01, 2021Last 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
News - Bitcoin - Jun 28, 2021