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Northern Italy Turns To Hydro Powered Bitcoin Mining
Northern Italy Turns To Hydro Powered Bitcoin Mining
News  •  Bitcoin  •  Mar 25, 2022 by Deniz Saat

Various towns in Northern Italy are falling under pressure to rising energy costs while looking to achieve more environmentally friendly methods for producing energy. As a great example for why the call for Proof-of-Work (PoW) mining to be banned in the European Union (EU) was dropped by regulators, a small

U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status
U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status
News  •  Bitcoin  •  Mar 25, 2022 by CJ

On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El

USDT is Transacted Using the Lightning Network
USDT is Transacted Using the Lightning Network

In a historical first for the Lightning network, Synonym, a Bitcoin-powered service provider, demonstrated the first Tether (USDT) transaction in a Lightning channel. This was the first time a mainnet stablecoin was bridged to Lightning. The transaction was performed using Omni, a platform for creating custom digital assets on the

News  •  Bitcoin  •  Mar 25, 2022
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USDT is Transacted Using the Lightning Network
USDT is Transacted Using the Lightning Network

In a historical first for the Lightning network, Synonym, a Bitcoin-powered service provider, demonstrated the first Tether (USDT) transaction in a Lightning channel. This was the first time a mainnet stablecoin was bridged to Lightning. The transaction was performed using Omni, a platform for creating custom digital assets on the

News  •  Bitcoin  •  Mar 25, 2022
Northern Italy Turns To Hydro Powered Bitcoin Mining
Northern Italy Turns To Hydro Powered Bitcoin Mining

Various towns in Northern Italy are falling under pressure to rising energy costs while looking to achieve more environmentally friendly methods for producing energy. As a great example for why the call for Proof-of-Work (PoW) mining to be banned in the European Union (EU) was dropped by regulators, a small

News  •  Bitcoin  •  Mar 25, 2022
U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status
U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status

On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El

News  •  Bitcoin  •  Mar 25, 2022
New Hampshire City Lets Residents Pay with BTC
New Hampshire City Lets Residents Pay with BTC

Each day, cryptocurrencies encroach a little further into terrain traditionally ruled by fiat. Residents of Portsmouth, New Hampshire are seeing this in no uncertain terms, now that the city has started accepting bill payments in Bitcoin and other cryptocurrencies. It was the city’s Mayor Deaglan McEachern who proposed the

News  •  Bitcoin  •  Mar 24, 2022
Russia Looks To Trade Oil And Gas For Bitcoin
Russia Looks To Trade Oil And Gas For Bitcoin

Head of the State Duma Committee on Energy Pavel Zavalny said in a press conference on March 24th, 2022 that the country is open to accepting Bitcoin in exchange for oil and gas. He goes on to explain that because of sanctions imposed by the E.U. and U.S.

News  •  Bitcoin  •  Mar 24, 2022
The Risk To Lightning That No One Is Talking About
The Risk To Lightning That No One Is Talking About

I’m old enough to remember when the Lightning Network was supposed to solve Bitcoin’s transaction limitations. Instead of being slow and traceable, Lightning payments would be quick and private. Nocoiners would finally be forced to eat their FUD. It’s been five years since its initial launch, but

News  •  Bitcoin  •  Mar 24, 2022
Florida to Receive Tax Payments in Crypto
Florida to Receive Tax Payments in Crypto

Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of

News  •  Bitcoin  •  Mar 24, 2022
Support for Bitcoin Mining Ban Grows in New York
Support for Bitcoin Mining Ban Grows in New York

On March 22nd, 2022 the Environmental Conservation Committee of the New York State Assembly voted to pass bill A7389C. This would enforce a 2 year period where no Bitcoin or cryptocurrency mining may be conducted in the state by electric generating facilities (power plants).  The provided reasons for the ban

News  •  Bitcoin  •  Mar 23, 2022
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