Tag: bitcoin businesses

Oct 19 2022

In Q3, The Bitcoin Mining Council Reports Mining Efficiency & Security Increases

The still-controversial Bitcoin Mining Council is back at it. For the sixth consecutive quarter, the organization published a report that shows how transparent and accountable the bitcoin mining industry is. They put bitcoin’s numbers to the test against companies, countries,...

Oct 13 2022

CoinCorner Sets Up Shop In El Salvador, Offers Bitcoin And Lightning Services

Huge move by the CoinCorner team. They waited until the Bitcoin Amsterdam Conference to announce their biggest expansion yet. The company opened up shop in El Salvador AKA Bitcoin country. Considering the level of bitcoinization that CoinCorner has accomplished in the Isle Of Man, this might be one of those stories that turn out to be really important down the line. The company...

Sep 15 2022

5 Reasons The US Needs A Spot Bitcoin ETF, By The Chamber Of Digital Commerce

Does bitcoin need a spot bitcoin ETF? Probably not. The US might need one or two, though. Other countries have full proof of concepts already working and absorbing capital. None of those products shows any of the problems the SEC thinks a spot bitcoin ETF would bring. Plus, there are already future bitcoin ETFs functioning without a problem in the US. What’s the...

Aug 04 2022

Saylor’s Side Of The Story: MSTR Outperformed Every Asset Class & Tech Stock

Is Michael Saylor’s side of the story the reality of the situation? Or is he on a damage control tour? The ex-MicroStrategy CEO spent the whole day as a guest in what seems like every US financial show in existence, letting everyone know that this whole thing was his idea. Saylor picked his successor for the CEO seat and declared himself Executive Chairman,...

Jul 22 2022

Crypto Reacts: Tesla Panic Sells Its Bitcoin, The Internet Explodes

One thing’s for sure, Tesla’s CEO knows how to generate headlines. The infamous Elon Musk was the talk of the town today, as news of his company selling 75% of their bitcoin hit the wires. The reactions go from clowning Musk to overanalyzing the situation and...

Jul 21 2022

New Reason For The Market Crash Revealed: Tesla Sold 75% Of Its Bitcoin In Q2

It’s true, Tesla already sold almost a billion dollars in BTC and the market took it like a champ. Of course, the price fell below the previous all-time high for the first time in bitcoin’s history, but there are clear reasons for that. The Tesla dump wasn’t among those reasons until yesterday night, when the company’s quarterly update for Q2 hit the Internet....

Jul 12 2022

Demand Response: Texas Bitcoin Miners To Shut Operations To Alleviate The Grid

A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s still not enough for mainstream media. The Bloomberg...

Jul 08 2022

The New York Times’ Latest Attack On El Salvador And BTC Won’t Age Well, Pt. 1

The New York Times joined the rest of mainstream media in kicking bitcoin when it’s down. Even though the world’s economy is clearly in the red across the board, bitcoin deniers are having the time of their lives declaring bitcoin dead. That puts Nayib Bukele and El Salvador’s bitcoin bet in mainstream media’s sights. The title gives away The New York Times’ intentions...

May 28 2022

ESG Study: Methane-Fueled Bitcoin Mining Can Eliminate 5.32% Of Global Emissions

It’s all about methane. Finally, an ESG analyst takes a look at the data and gives bitcoin mining the praise it deserves. In the paper “Quantifying the Potential Impact of Bitcoin Mining on Global Methane Emissions,”...

May 26 2022

Stripe And Primer Go Lightning: New Bitcoin Payment Solutions Via OpenNode

The future is now. Both Stripe and Primer joined forces with OpenNode for separate payment solutions. The Stripe App will allow companies to “instantly convert any amount of...

May 16 2022

Bitcoin & Energy Merge In Texas: 3 Giant Companies Announce New Mining Facility

The bitcoinization of Texas is one step closer. The Texas Pacific Land Corporation, Mawson Infrastructure Group Inc., and JAI Energy partnered to build a facility that guarantees “60 megawatts of bitcoin mining on TPL’s surface in West Texas.” Using today’s hardware, it “could accommodate up to 2.0 Exahash of Bitcoin mining operational capacity.” The operation will be fast. The three giants plan to...

May 10 2022

Ricardo Salinas’ Bitcoin Masterclass, Pt 3: Understand Both – w/ Keiser & Herbert

Welcome to the last installment of Ricardo Salinas’ Bitcoin Masterclass. The billionaire and his two hosts already discussed the fiat fraud and...

May 06 2022

Ricardo Salinas’ BTC Masterclass, Part 2: Sound Money System + Keiser & Herbert

As Mexican billionaire Ricardo Salinas continues to explain bitcoin from the private jet perspective, Bitcoinist’s companion piece to the interview continues the job we started here. Or, it might even...

May 05 2022

Ricardo Salinas’ Bitcoin Masterclass, Part 1: Fiat Fraud – w/ Keiser & Herbert

By now, Mexican billionaire Ricardo Salinas is a bitcoin staple. His keynote at the Bitcoin 2022 conference was the talk of the town, and the fact that...

Apr 06 2022

Taro, Issue & Send Any Asset Through Bitcoin’s Lightning Network. Do We Need It?

The Taro protocol is the first big announcement to come out of the Bitcoin 2022 conference. With “bitcoinizing the dollar” as its target and Lightning Labs behind it, the news blew up in Bitcoin-Twitter after being strategically released the night before the event of the year kicks off. Nevertheless, notice that Taro is just a proposal so far. It has a long way...

Mar 29 2022

Wasabi’s Side Of The Story: Reasons For Blacklisting Certain BTC From CoinJoin

Finally, an official statement by Wasabi Wallet. A couple of weeks ago, the privacy-focused project made the news by announcing it wouldn’t allow tainted bitcoin to participate in its CoinJoin service. Doesn't that action go against everything Wasabi is...

Mar 22 2022

Everything We Know About Netflix’s “Trust No One: The Hunt for the Crypto King”

It’s about time Netflix’s true crime unit turned its eye to cryptocurrencies. In the tradition of “The Tinder Swindler,” “Crime Scene: The Vanishing at the Cecil Hotel,” and “Abducted in Plain Sight,” a new documentary will have people talking soon. This time, Netflix will tell the story of QuadrigaCX, a cryptocurrency exchange with something to hide. Did Gerry Cotton fake his own death...

Mar 21 2022

Data Leak At Unchained Capital, NYDIG, Swan & BlockFi. At The Same Time

What do Unchained Capital, NYDIG, Swan Bitcoin, and BlockFi have in common? Third-party providers. Even though the four companies confronted the data leak head-on and admitted their wrongs, the compromised security was someone else’s. Luckily, the data the bad actors stole was not critical financial information, but marketing-driven personal info. Terrible, to be sure, but not as terrible as it could have been....

Mar 02 2022

Bitcoin Layer 3: What Is The Impervious Browser? When Can We Expect It?

The Impervious browser is upon us. The company will launch its most ambitious product at the Bitcoin 2022 conference in Miami, on April 7th. What is it, though? And, while you’re at it, what does Impervious do? Well, the company builds “tools and infrastructure for the P2P internet.” That is, without centralized intermediaries. Related Reading |...

Mar 01 2022

Samson Mow Leaves Blockstream. What’s Next For The Bitcoin Ambassador?

It’s the end of an era. Samson Mow, Blockstream’s Chief Strategy Officer, left the company earlier today. The separation was amicable. “It's been a grand adventure working with Adam Back for the last 5 years and together we've accomplished a great deal from sidechains, to mining, to satellites. So what’s next? I plan to focus on nation-state Bitcoin adoption!” Mow announced....

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