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Jan 14 2022

San Diego State University Accepting Bitcoin Donations

The university will also hold most of its bitcoin, only allocating 1% each quarter to explore additional Bitcoin uses for SDSU.SDSU is now openly accepting bitcoin donations.In October, a bitcoin donor convinced the university to accept ongoing donations in the P2P money and hold most of it.Only 1% of the donations will be employed each quarter to explore Bitcoin opportunities...

Congress Announces Hearing On Bitcoin’s Energy Use

Jan 14 2022 Published at Bitcoin Magazine under tags  bitcoin congress energy markets news

The Bitcoin Policy Institute has recently issued a rebuttal to the letter that prompted the hearing.The U.S. Congress will hold a hearing on the energy use and environmental impact of bitcoin mining on January 20, its Energy and Commerce Oversight Subcommittee announced...

Sound Money Music Festival To Close Bitcoin 2022 Conference

The festival will feature Logic, Steve Aoki, Deadmau5, and others to close out the world’s biggest Bitcoin conference.BTC Media, the organizer of the world’s biggest Bitcoin conference, Bitcoin 2022, announced that a music festival will close out this year’s edition of the gathering, uniting Bitcoiners around prominent performers. The Sound Money Fest (SMF) will be held at the combined campus of the...

Jan 13 2022

Jack Dorsey’s Block Is Building A Bitcoin Mining System

The financial services company has started sketching some plans for solving the industry’s most pressing pain points.Financial services firm Block, previously known as Square, is officially engaged in creating a new, open- source bitcoin mining system, CEO Jack Dorsey announced Thursday on Twitter, referencing a more detailed thread on the...

Arkansas Will Pay You $10K In Bitcoin To Move There

Accepted applicants also get a new bike in the state’s Northwest region’s latest push to attract talent.Northwest Arkansas is providing remote workers with an incentive in the form of $10,000 in bitcoin and a bike to relocate to the region, its council said in a Wednesday...

Bitcoin App Strike In Argentina: Under The Hood

The Lightning payments app’s launch in the South American country was received with some confusion.The launch of the Lightning payments app Strike in Argentina generated a lot of confusion on Twitter after customers started downloading and using it to find out they didn’t get an actual Bitcoin wallet. Despite the muddiness, however, the...

Solo Bitcoin Miner With Only 116 TH Takes $265K Block Reward

Jan 13 2022 Published at Bitcoin Magazine under tags  bitcoin block reward markets miner news

The individual miner is the second in two days to take the full coinbase reward for himself after adding a valid block to the Bitcoin blockchain.A solo miner with only 116 TH of hashrate capacity found a valid block on Thursday to take home a 6.25 BTC reward worth over $267,500 at the time of writing, only a couple of days after...

Apartment Bought In Mexico For 5.78 Bitcoin

Jan 13 2022 Published at Bitcoin Magazine under tags  bitcoin business la haus mexico news

The purchase marks Latin American real estate market leader La Haus’ first home sale for bitcoin.Latin American real estate platform La Haus has made its first home sale for bitcoin two months after it announced it would start accepting the peer-to-peer currency as payment for property sales in Colombia and Mexico.A Peruvian woman exchanged 5.78 BTC for an exclusive apartment located...

Real Bedford Football Club To Secure Its Bitcoin With Casa

The first football club to operate on a Bitcoin standard will leverage Casa’s security services to self-custody its BTC.Real Bedford F.C., the first football club to operate on a Bitcoin standard, will self-custody its BTC treasury with the help of Bitcoin security company Casa.The U.K.-based club was bought by Bitcoiner and host of the What Bitcoin Did podcast, Peter McCormack,...

Jan 12 2022

Bitcoin Rewards Platform Satsback v2 Launches

The EU-based service now offers bitcoin cashback through Lightning in over 10,000 online merchants.Bitcoin rewards platform Satsback has relaunched in a new version, bringing a new brand to market with 10,000 online stores connected to offer cashback in BTC that is paid through Lightning, as well as a browser extension to facilitate customers’ shopping experience.“There are thousands of online stores...

Jack Dorsey To Launch A Legal Defense Fund For Bitcoin Developers

The initiative seeks to minimize legal headaches that discourage software developers from actively contributing to Bitcoin.Jack Dorsey, the CEO of Block and ex-CEO of Twitter, has proposed creating a nonprofit organization to protect the rights and interests of open-source Bitcoin developers, who are often subject to “litigation” and “threats.”Dorsey explained in an...

How Spiral, Jack Dorsey’s Rebranded Bitcoin Company, Is Accelerating Adoption

The lead of Spiral, the Bitcoin-focused company formerly known as Square Crypto, explains the group’s rebranding, mission and future.Jack Dorsey’s popular financial company Square went through a recent rebrand and is now called Block. The move led one of its subsidiaries, Square Crypto, to also take up a fresh name. Now known as Spiral,...

Jan 11 2022

YouTube Bans Bitcoin Magazine’s 60K Follower Channel

The video platform by Google banned Bitcoin Magazine’s channel today during a livestream covering Bitcoin news.YouTube has just banned the official channel of Bitcoin Magazine during a live stream about Cash App integrating the Lightning Network, bitcoin mining in Kazakhstan, and other Bitcoin-related news.The...

Bitcoin App Strike Launches In Argentina

The South American country’s citizens can now buy bitcoin, get paid in bitcoin, and send and receive money instantly with no fees.Lightning payments platform Strike has made its services available to Argentinians on Tuesday in an effort to “give hope” to a population that suffers from hyperinflation, according to an announcement Twitter thread from its founder Jack Mallers.“Today, we launch a...

Solo Bitcoin Miner With Only 120 TH Finds Valid Block

Jan 11 2022 Published at Bitcoin Magazine under tags  bitcoin btc reward markets miner news

The individual worker took home over $260K after successfully mining a new block on the Bitcoin blockchain.A solo miner won a 6.25 BTC reward on Tuesday, worth about $265,600 at the time of writing, after being able to add a new valid block to the Bitcoin network with a hashrate capacity of just about 120 TH/s in the mining pool Solo CK....

Fidelity Adds Bitcoin Exposure To Traditional ETFs

Jan 11 2022 Published at Bitcoin Magazine under tags  bitcoin etfs fidelity markets news

The Canadian investment manager said the allocation seeks to improve the two funds’ risk-adjusted returns in the future.Fidelity Investments Canada, the country’s first regulated institutional bitcoin custodian, has added a bitcoin allocation to two of its All-in-One exchange-traded funds, a set of low-risk ETFs that seek to provide investors with exposure to different assets, regions, market capitalizations, and...

Luxor Launches Bitcoin ASIC Trading Desk

Jan 11 2022 Published at Bitcoin Magazine under tags  asic bitcoin business luxor news

The bitcoin mining services provider said it would purchase and sell rigs on behalf of its team and miners and investors on its network.Luxor Technology Corporation has launched an ASIC trading desk to bridge the gap between interested buyers and sellers in the secondary market of bitcoin mining rigs. The bitcoin mining services provider said it would purchase and sell the application-specific...

Jan 10 2022

Joe Rogan: I Have A Lot Of Hope For Bitcoin

Jan 10 2022 Published at Bitcoin Magazine under tags  bitcoin culture joe rogan podcasts

The podcaster interviewed Adam Curry on January 8 in his podcast, The Joe Rogan Experience.Joe Rogan said in his podcast that he has a lot of hope for Bitcoin.The podcaster also said he doesn’t understand cryptocurrencies very well.“It’s either gonna fall apart completely or we’re gonna use this as an opportunity…to come up with a better way to live our...

NBA Players Klay Thompson, Andre Iguodala To Get Paid In Bitcoin

The Golden State Warriors stars will receive a portion of their salary in bitcoin and donate $1M in BTC each.NBA players Klay Thompson and Andre Iguodala will take a portion of their next salary in bitcoin and donate $1 million in BTC each to fans, the Golden State Warriors guard and guard-forward announced on Monday.“I’m with bitcoin because I believe it’s...

The State Of Bitcoin Mining In Kazakhstan

The industry is filled with uncertainty as unrest spread throughout the country after an energy crisis prompted a series of protests last week.Kazakhstan has taken a toll on the bitcoin mining industry as an energy crisis prompted a series of protests and political instabilities last week. Russia has reportedly sent “peacekeeping forces” to the central Asian country as per the request of...

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