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On September 7th, El Salvador's Ley Bitcoin ("Bitcoin Law") officially goes into effect, enacting the law passed in Congress on June 9th in the Central American country. Leading up to that day, the Salvadoran central bank, Banco Central de Reserva (BCR), this week published draft guidelines
With its latest project, Bitcoin infrastructure company Blockstream seeks to increase the financial viability of renewable energy investments and improve energy production efficiency worldwide. Dubbed Blockstream Energy, the project involves so-called modular mining units (MMUs), essentially small self-contained bitcoin mining facilities built into large containers that can be used as
The growth of Bitcoin's Lightning network has exploded in recent weeks. Several key metrics used to measure the network size and connectivity have reached all-time highs. Among them: the public node count which, after reaching 10,000 only in April, has since surpassed the 25,000 mark, according
News • Bitcoin • Aug 18, 2021The growth of Bitcoin's Lightning network has exploded in recent weeks. Several key metrics used to measure the network size and connectivity have reached all-time highs. Among them: the public node count which, after reaching 10,000 only in April, has since surpassed the 25,000 mark, according
News • Bitcoin • Aug 18, 2021On September 7th, El Salvador's Ley Bitcoin ("Bitcoin Law") officially goes into effect, enacting the law passed in Congress on June 9th in the Central American country. Leading up to that day, the Salvadoran central bank, Banco Central de Reserva (BCR), this week published draft guidelines
News • Economy • Aug 18, 2021With its latest project, Bitcoin infrastructure company Blockstream seeks to increase the financial viability of renewable energy investments and improve energy production efficiency worldwide. Dubbed Blockstream Energy, the project involves so-called modular mining units (MMUs), essentially small self-contained bitcoin mining facilities built into large containers that can be used as
News • Bitcoin • Aug 16, 2021Argentina's president Alberto Fernandez is open to the idea of the South American country issuing a central bank digital currency (CBDC) or adopting Bitcoin. In an interview with local media outlet Filo News, Fernandez showed himself open towards Bitcoin, although he admitted he wasn't too familiar
News • Politics • Aug 12, 2021First Deputy Governor of the Bank of Russia Sergey Shvetsov likened buying bitcoin to "entering a minefield" in an interview released on the Central Bank's official website Wednesday. Shvetsov went on to describe alternative financial instruments such as Bitcoin as "technological financial pyramids," adding
News • Bitcoin • Aug 11, 2021Customers of the UK's oldest Bitcoin exchange Coinfloor are now incentivized to stack sats — and to keep at it. The firm is updating its fee structure for automated bitcoin-buying services: those who regularly stack sats using the feature will enjoy a gradual decrease in fees. Every three months,
News • Business • Aug 10, 2021On August 8th, 2017, one of the most significant protocol upgrades in Bitcoin's history reached lock-in threshold on the network: Segregated Witness, or SegWit for short. The lock-in was remarkable not just for its implications for the future of Bitcoin's functionalities, but also for the historic
News • Technology • Aug 07, 2021