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Lightning Network Hits Record Capacity As Adoption Grows
Lightning Network Hits Record Capacity As Adoption Grows
News  -  Technology  -  Jun 16, 2021 by Thomas M

The Lightning Network's bitcoin capacity has never been higher than it is today. Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the

Tesla to Resume Bitcoin Transactions if Clean Energy Goals are Met
Tesla to Resume Bitcoin Transactions if Clean Energy Goals are Met
News  -  Technology  -  Jun 13, 2021 by Shao H. Wang

Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin

Diving Into The Bitcoin Difficulty Adjustment After Saturday's Historic Drop
Diving Into The Bitcoin Difficulty Adjustment After Saturday's Historic Drop

As Bitcoin underwent its largest downward difficulty adjustment in history, miners may have rejoiced: the 27.94% reduction in difficulty makes mining easier and therefore more profitable for current miners. The drop corresponds with the large amount of miners being pushed offline in China in recent weeks. The difficulty level

News  -  Bitcoin  -  Jul 05, 2021
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Diving Into The Bitcoin Difficulty Adjustment After Saturday's Historic Drop
Diving Into The Bitcoin Difficulty Adjustment After Saturday's Historic Drop

As Bitcoin underwent its largest downward difficulty adjustment in history, miners may have rejoiced: the 27.94% reduction in difficulty makes mining easier and therefore more profitable for current miners. The drop corresponds with the large amount of miners being pushed offline in China in recent weeks. The difficulty level

News  -  Bitcoin  -  Jul 05, 2021
Lightning Network Hits Record Capacity As Adoption Grows
Lightning Network Hits Record Capacity As Adoption Grows

The Lightning Network's bitcoin capacity has never been higher than it is today. Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the

News  -  Technology  -  Jun 16, 2021
Tesla to Resume Bitcoin Transactions if Clean Energy Goals are Met
Tesla to Resume Bitcoin Transactions if Clean Energy Goals are Met

Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin

News  -  Technology  -  Jun 13, 2021
Brink Awards Grants to Three Developers to Support Open-Source Development
Brink Awards Grants to Three Developers to Support Open-Source Development

The three open-source developers Jesse Posner, Alekos Filini, and Hennadii Stepanov are receiving a grant from independent organization Brink, according to a press release shared with the BTC Times. Founded by Bitcoin Core contributor John Newbery and Bitcoin Optech contributor Mike Schmidt last year, Brink focuses on supporting Bitcoin developers

News  -  Technology  -  Mar 31, 2021
Russia's Central Bank to Test Digital Ruble in 2022
Russia's Central Bank to Test Digital Ruble in 2022

An official from the Central Bank of the Russian Federation announced that the institution plans to develop a prototype of a digital ruble and test it by the end of 2022. Russian news outlet Prime reported on March 10 that Deputy Chairman of the Central Bank Alexei Zabotkin announced at

Feature  -  Technology  -  Mar 11, 2021
Taiwanese Semiconductor Giant TSMC Limits Chip Supply for Bitcoin Miners
Taiwanese Semiconductor Giant TSMC Limits Chip Supply for Bitcoin Miners

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest independent producer of semiconductors, is reportedly throttling its supply to bitcoin mining hardware manufacturers. Local news outlet China Money Network reported on March 5 that TSMC is limiting the access that mining hardware manufacturers have to its production output due

News  -  Technology  -  Mar 05, 2021
China's Inner Mongolia to Stop Bitcoin Mining
China's Inner Mongolia to Stop Bitcoin Mining

Authorities in China's Inner Mongolia region plan to stop local bitcoin mining activities. According to an energy-saving plan published by the Inner Mongolia Development and Reform Commission on Feb. 25, local authorities will stop all ongoing bitcoin mining operations and prevent new ones from being established. These new

News  -  Technology  -  Mar 02, 2021
LOT=True Or LOT=False? This Is the Last Hurdle Before Taproot Activation
LOT=True Or LOT=False? This Is the Last Hurdle Before Taproot Activation

This article was originally published on Bitcoin Magazine on February 24th, 2020. The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT. The code for Taproot, a proposed Bitcoin protocol upgrade for compact and privacy-preserving smart contracts, has

News  -  Technology  -  Feb 25, 2021
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