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Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he
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
As El Salvador became the first country to accept bitcoin as a legal currency, many merchants in the country of 6.5 million began accepting bitcoin. From McDonald's to Pizza Hut, Salvadorans can now make their purchases with bitcoin. Since September 7th, dubbed "Bitcoin Day" by
News • Politics • Sep 06, 2021As El Salvador became the first country to accept bitcoin as a legal currency, many merchants in the country of 6.5 million began accepting bitcoin. From McDonald's to Pizza Hut, Salvadorans can now make their purchases with bitcoin. Since September 7th, dubbed "Bitcoin Day" by
News • Politics • Sep 06, 2021Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he
News • Politics • Aug 31, 2021Bitcoin'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, 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, 2021A proposed bill presented by Uruguayan lawmaker Juan Sartori seeks to allow for cryptocurrencies to be used for payments in the country. The bill, introduced on Tuesday, seeks to "promote investment and protect investors" by establishing "clear rules for the legal, financial and fiscal security for businesses.
News • Politics • Aug 04, 2021As U.S. lawmakers scramble to amend and finalize the bipartisan infrastructure bill before Senate leaves for its recess, criticism over the rushed process and vague language comes from various camps — including the Bitcoin and digital assets space. Buried somewhere around page 2,434 of over 2,700 of the
News • Politics • Aug 02, 2021