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Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to
Bitcoin infrastructure firm Blockstream has raised $210 million as part of its Series B round, which values the company at $3.2 billion. Among the investors are investment firm Baillie Gifford and iFinex, parent company of cryptocurrency exchange Bitfinex. Blockstream further revealed that it had acquired Israel-based bitcoin mining hardware
Good news for your Bitcoin wallet: strange things are afoot at the Circle K. The deployment of Bitcoin ATMs is on the rise and may be coming to a gas station or bodega near you. Circle K has announced plans to install Bitcoin ATMs in their stores. This move comes
News • Bitcoin • Aug 24, 2021
Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to
News • Bitcoin • Aug 23, 2021
Bitcoin infrastructure firm Blockstream has raised $210 million as part of its Series B round, which values the company at $3.2 billion. Among the investors are investment firm Baillie Gifford and iFinex, parent company of cryptocurrency exchange Bitfinex. Blockstream further revealed that it had acquired Israel-based bitcoin mining hardware
News • Business • Aug 23, 2021
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, 2021
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
News • Economy • Aug 18, 2021
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
News • Bitcoin • Aug 16, 2021
Argentina'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, 2021
First 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, 2021