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Jack Dorsey’s Block (formerly known as Square) is officially entering the Bitcoin mining space. Last October Dorsey teased via a series of tweets that Block was considering building a Bitcoin mining system that is “based on custom silicon and open source for individuals and businesses worldwide.” On Thursday we
The U.S. has now become the world’s leading nation in Bitcoin and other digital asset mining after a historical miner exodus from China in the summer of 2021. Miners in Kazakhstan, the second biggest mining nation by hashrate, have also experienced disruption to their operations due to recent
During the Rio Innovation Week conference, Paes stated “We are going to launch Cripto Rio and invest 1% of the Treasury in cryptocurrency”. Miami Mayor Francis Suarez also made an appearance to discuss the possibility of utilizing cryptocurrencies within Rio. Paes plans to do something similar to what Suarez has
News • Bitcoin • Jan 14, 2022During the Rio Innovation Week conference, Paes stated “We are going to launch Cripto Rio and invest 1% of the Treasury in cryptocurrency”. Miami Mayor Francis Suarez also made an appearance to discuss the possibility of utilizing cryptocurrencies within Rio. Paes plans to do something similar to what Suarez has
News • Bitcoin • Jan 14, 2022Jack Dorsey’s Block (formerly known as Square) is officially entering the Bitcoin mining space. Last October Dorsey teased via a series of tweets that Block was considering building a Bitcoin mining system that is “based on custom silicon and open source for individuals and businesses worldwide.” On Thursday we
News • Jan 13, 2022The U.S. has now become the world’s leading nation in Bitcoin and other digital asset mining after a historical miner exodus from China in the summer of 2021. Miners in Kazakhstan, the second biggest mining nation by hashrate, have also experienced disruption to their operations due to recent
News • Bitcoin • Jan 13, 2022The Northwestern Arkansas Council has launched an initiative to attract talent to the Northwestern region of Arkansas by offering free bitcoin to individuals. Accepting individuals will be given up to $10,000 worth of free Bitcoin to help with relocation. The region has witnessed growth in both the tech and
News • Bitcoin • Jan 12, 2022US Rep. Tom Emmer (R-Minn.) proposed the two-page bill on Wednesday and shared a series of Tweets outlining his concerns with the potential launch of a Central Bank Digital Currency (CBDC) in the US. The Rep. from Minnesota highlighted that a US CBDC implementation should ensure it “protects financial privacy,
News • Bitcoin • Jan 12, 2022Another solo miner with a hashrate 116 TH/s has solved a block earning approximately 6.26810839 BTC ($275,000) in the process. This comes less than 48 hours after another solo miner achieved the same feat with 126 TH/s. Both miners were mining on solo mining pool ckpool.
News • Bitcoin • Jan 12, 2022Bitcoin mining company Luxor is expanding its services to offer a marketplace for buying and selling Bitcoin miners, as well as a hashrate derivative and trading product. Luxor Technology Corporation revealed its 2022 plans Tuesday via a press release. The company looks to expand beyond its current offerings by utilizing
News • Bitcoin • Jan 12, 2022SideSwap, a Liquid Network wallet and asset swapping service provider, is now compatible with Blockstream’s Asset Management Platform (AMP). What is AMP? AMP is Blockstream’s Asset Management Platform that allows for the issuance and management of digital assets on the Liquid Network. With AMP’s API, users are
News • Bitcoin • Jan 12, 2022