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Block Reports Bitcoin Sales During Q1 2022
Block Reports Bitcoin Sales During Q1 2022
News  •  Bitcoin  •  May 10, 2022 by Philipe F

Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and

Bitfarms Releases April Mining Report
Bitfarms Releases April Mining Report
News  •  Bitcoin  •  May 06, 2022 by CJ

Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of

NYDIG Partnership Allows Another Financial Institution Bitcoin Services
NYDIG Partnership Allows Another Financial Institution Bitcoin Services

Consumers and businesses are looking to their financial institutions for providing Bitcoin services and Jack Henry, a large payment processor for the financial industry, is up to the task. From their press release it was announced that consumers and business accounts alike will be given access to NYDIG’s buy-hold-sell

News  •  Bitcoin  •  May 10, 2022
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NYDIG Partnership Allows Another Financial Institution Bitcoin Services
NYDIG Partnership Allows Another Financial Institution Bitcoin Services

Consumers and businesses are looking to their financial institutions for providing Bitcoin services and Jack Henry, a large payment processor for the financial industry, is up to the task. From their press release it was announced that consumers and business accounts alike will be given access to NYDIG’s buy-hold-sell

News  •  Bitcoin  •  May 10, 2022
Block Reports Bitcoin Sales During Q1 2022
Block Reports Bitcoin Sales During Q1 2022

Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and

News  •  Bitcoin  •  May 10, 2022
Bitfarms Releases April Mining Report
Bitfarms Releases April Mining Report

Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of

News  •  Bitcoin  •  May 06, 2022
Solana Shuts Down for the Seventh Time This Year
Solana Shuts Down for the Seventh Time This Year

Over the weekend, Solana experienced its seventh shutdown in 2022. The blockchain recorded six shut downs in January, and this past weekend marks number seven. A tweet from user @YaelOss points out that the shutdown follows a remark from Solana’s co-founder about how BTC should have changed its consensus

News  •  Altcoins  •  May 03, 2022
Michael Saylor and Jack Dorsey Crush Bitcoin Mining Concerns With Letter to EPA
Michael Saylor and Jack Dorsey Crush Bitcoin Mining Concerns With Letter to EPA

Jack Dorsey, Michael Saylor, Fidelity, and others from the Bitcoin Mining Council (BMC) submitted an open-letter addressing environmental concerns to the United States Environmental Protection Agency.   The BMC letter is a direct response to claims made in a letter dated April 20, 2022, signed by Representative Jared Huffman and 22

News  •  Bitcoin  •  May 02, 2022
BIP 119 Isn’t an Attack on Bitcoin, but Speedy Trial Is
BIP 119 Isn’t an Attack on Bitcoin, but Speedy Trial Is

An upgrade to the Bitcoin protocol is generating yet another controversy that threatens to split the chain. This time, the issue is BIP-119, a proposal to add the OP_CHECKTEMPLATEVERIFY opcode via a softfork. While the proposed change is generally uncontroversial, the consensus mechanism for accepting the change has catalyzed

Opinion  •  Bitcoin  •  Apr 27, 2022
TSMC Chipmaker Raises $3.5 Billion To Build New U.S. Plant
TSMC Chipmaker Raises $3.5 Billion To Build New U.S. Plant

On April 20th, 2022 Taiwan Semiconductor Manufacturing Company (TSMC) announced that they have recently raised $3.5 billion in bonds to grow their facility in Arizona. The company’s plant is still under construction to meet the world’s high and growing demand for electronics. TSMC is a major supplier

News  •  Technology  •  Apr 20, 2022
Tether's Paolo Ardoino Comments on UST
Tether's Paolo Ardoino Comments on UST

Tether and Bitfinex Chief Technology Officer (CTO) Paolo Ardoino is a full-stack developer and computer scientist. In 2014 he started working for Bitfinex as a senior software developer and was later promoted to Chief Technology Officer within his first two years of working for the company. Ardoino recently attended the

News  •  Technology  •  Apr 19, 2022
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