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El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
News  •  Bitcoin  •  May 15, 2024 by Deniz Saat

El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data.  This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a

El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel
El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel
News  •  Bitcoin  •  May 13, 2024 by Deniz Saat

After a prolonged process beginning with the approval of their digital securities laws, El Salvador is now launching a Bitcoin-funded capital raise. This initiative potentially sets the stage for the much-discussed Bitcoin bonds announced by President Bukele.  The capital will fund the construction of the only resort hotel at the

Judge Rules That Craig Wright Lied About Inventing Bitcoin
Judge Rules That Craig Wright Lied About Inventing Bitcoin

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a 231-page judgment, Justice James Mellor stated that Wright "lied to the court repeatedly" and engaged in large-scale forgery in

Bitcoin  •  News  •  May 20, 2024
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Judge Rules That Craig Wright Lied About Inventing Bitcoin
Judge Rules That Craig Wright Lied About Inventing Bitcoin

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a 231-page judgment, Justice James Mellor stated that Wright "lied to the court repeatedly" and engaged in large-scale forgery in

Bitcoin  •  News  •  May 20, 2024
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million

El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data.  This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a

News  •  Bitcoin  •  May 15, 2024
El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel
El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel

After a prolonged process beginning with the approval of their digital securities laws, El Salvador is now launching a Bitcoin-funded capital raise. This initiative potentially sets the stage for the much-discussed Bitcoin bonds announced by President Bukele.  The capital will fund the construction of the only resort hotel at the

News  •  Bitcoin  •  May 13, 2024
El Salvador Reveals Website to Monitor $360 Million Bitcoin Treasury
El Salvador Reveals Website to Monitor $360 Million Bitcoin Treasury

El Salvador unveiled a website to monitor its national Bitcoin treasury holdings, enhancing its dedication to Bitcoin transparency through a partnership with the Mempool Open Source Project. El Salvador now has its own @mempool space where anyone can check out our #bitcoin treasury holdings. See details in the next post.

News  •  Bitcoin  •  May 13, 2024
Argentinian Energy Company to Use Stranded Gas for Bitcoin Mining
Argentinian Energy Company to Use Stranded Gas for Bitcoin Mining

Argentina's energy sector is increasingly incorporating Bitcoin, with a state-owned facility now using surplus natural gas from oil fields, which would otherwise go to waste. YPF Luz, a subsidiary of the state-owned energy company YPF, has partnered with Genesis Digital Assets (GDA) to establish a mining facility powered

News  •  Bitcoin  •  May 08, 2024
Coinbits Launches Send Money, a Zero-Fee Feature for Sending Cash or Bitcoin Instantly
Coinbits Launches Send Money, a Zero-Fee Feature for Sending Cash or Bitcoin Instantly

Today, Coinbits Inc., a hybrid banking company bridging fiat money to Bitcoin, announces the launch of Send Money. Send Money is a new feature in Coinbits App that allows Coinbits members to send cash or Bitcoin to anyone instantly for free. If you’re a Coinbits member, you can now

Press Release  •  Bitcoin  •  May 07, 2024
Bitcoin Network Surpasses One Billion Transactions
Bitcoin Network Surpasses One Billion Transactions

The Bitcoin network has hit a significant landmark, processing its one billionth transaction. This milestone comes 15 years and four months after the genesis block of Bitcoin was mined on January 3rd, 2009. Congrats on the first 1 billion transactions everyone! Here’s to the next 1 billion 🍻#Bitcoin pic.

News  •  Bitcoin  •  May 06, 2024
Jack Dorsey Commits $21 Million to Bitcoin Development Efforts
Jack Dorsey Commits $21 Million to Bitcoin Development Efforts

Jack Dorsey, co-founder of Twitter (now X), donated $21 million to OpenSats, a non-profit organization, through his #startsmall initiative.  21m https://t.co/rrra2TC1xX https://t.co/Zww3WMFKUn — jack (@jack) May 4, 2024 This donation is part of his broader support for Bitcoin and decentralized social media, viewing Bitcoin as

News  •  Bitcoin  •  May 04, 2024
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