China Warned Bitcoin is Going to $0

China Bitcoin Going to $0

It seems that China is not fully satisfied with its massive crackdown on Bitcoin mining and trading, they now have warned that Bitcoin is going to $0.  Despite the ongoing market value plunge, which has resulted in many investors losing a serious amount of money, the future of the market seems to be safe with […]

Prominent Bitcoin Mining Company Announces Resignations

Prominent Bitcoin Miner Restructures

Compass Mining, a prominent Bitcoin mining company, announced today that both their CEO and CFO will be stepping down. In a statement released by the company, they announced that their “Board of Directors has accepted the resignation of Chief Executive Officer Whit Gibbs and Chief Finance Officer Jodie Fisher.” The pair will be replaced by […]

Bitcoin 56x More Energy Efficient Than Traditional Banking

According to a new report, Bitcoin is 56 times more energy efficient than the legacy financial system. The energy consumed by Bitcoin (BTC) mining has been a point of debate for many governments and anti-BTC advocates. As a result, Michel Khazzaka, an IT engineer, cryptographer, and consultant, took the initiative of comparing banks to the […]

Riksbank, Sweden’s Central Bank, Wants To Ban Bitcoin

riksbank sweden ban bitcoin mining

The Central Bank of Sweden has suggested to ban proof-of-work mining algorithms to fight energy-consuming digital currencies such as Bitcoin. It has been suggested that POW (proof-of-work) mining consumes too much energy and should be banned in favor of less energy-intensive methods. Recently, the Swedish central bank tweeted that energy consumption had increased in recent […]

Bitcoin Mining Ban Will Hurt New York and Our Environment

Bitcoin Minin New York City

New York State lawmakers will soon vote on legislation that would impose a two-year moratorium on bitcoin mining operations. New York has always been an engine of both economic and technological development, which is why a ban would effectively drive away substantial investments and high-paying jobs for New Yorkers, affecting their growth in the process. […]

Debunking Bitcoin FUD 

Arman The Parman

This article was originally published by Arman the Parman at ArmantheParman.com Only the most highly-educated Bitcoiners are able to think of realistic risks to Bitcoin – people who have spent hundreds, or thousands, of hours on the subject. Every armchair critic comes up with the same old criticisms which have already been debunked, but because […]

Blockware Solutions Building 150 MW Bitcoin Mining Site in West Virginia

blockware solutions

Blockware Solutions (BWS) said on Wednesday that it will collaborate with SEVA, a climate-focused organization seeking to revitalize mine sites and economies in West Virginia, to support its solar farm initiative. In addition to West Virginia’s PJM power grid, the new mining complex will be powered by the new solar farm. In the fourth quarter […]

Bitcoin Whitepaper

Every day is a good day to read the bitcoin whitepaper. Why should you read the bitcoin whitepaper? The bitcoin whitepaper is where everything started. Bitcoin came into existence through the whitepaper that outlined how the bitcoin network could operate. The whitepaper gives specific technical instructions how the bitcoin protocol works and what roles the […]

Why Laszlo Hanyec’s $300 Million Pizzas Changed the World

Laszlo Hanyec

Bitcoin Pizza Day is an annual event that Bitcoiners use to celebrate the first purchase of goods with Bitcoin ever recorded. On Bitcoin Pizza Day, every Bitcoiner eats a Pizza, even carnivores. The use of bitcoin for routine everyday purchases is gradually expanding nowadays. Though it was 12 years ago on May 22 in 2010 […]

Is BIP-119 an attack on Bitcoin?

BIP 119

For those looking to wrap their head around BIP-119 this article seeks to shed some light on the discussion around the new bitcoin improvement proposal. If you prefer to read up and take a look at the sources beforehand we can recommend the website put together by Bitcoin Gandalf www.bip119.com. You will find links to […]