Tag: business

The two farms are expected to accommodate 21,000 bitcoin mining rigs and generate over 2 EH/s.Bitfarms has started the construction of two new mining farms in Canada.“Both farms will benefit from our existing cost-effective contracts that supply green hydro power at an average cost of just $0.04 per kilowatt hour,” its CEO said.The company expects to house 21,000 rigs and...

River Mining seeks to take the hassle and complexity out of bitcoin mining while allowing clients to own their rigs.Bitcoin-only technology and financial services company River Financial announced today the launch of its mining white-glove service, River Mining, in a release shared with Bitcoin Magazine. The service seeks to reduce the barriers for new entrants into the bitcoin mining industry, allowing...

Scallop is a new age fintech ecosystem designed to offer users a faster, safer and efficient way to manage their crypto and fiat assets in a single place. The project is bringing the digital assets into...

Bitcoin exchange FTX bought an ad for the upcoming NFL Super Bowl for an undisclosed amount, said to take advantage of the game’s high viewership.Today, Bloomberg reported that bitcoin exchange giant FTX purchased an ad slot for the upcoming Super Bowl LVI on February 13, 2022, at...

Bill Pulte of Twitter Philanthropy discusses Bitcoin integration with Twitter Philanthropy and changing charitable giving dynamics.Watch This Episode On YouTubeListen To This Episode:...

The fan will also receive signed jerseys and cleats, a helmet, $1,000 in fan store credit, and tickets for two seasons.NFL star Tom Brady will give 1 BTC to a fan in exchange for his 600th touchdown football."[The fan] should've held it. ... [But] I'm also giving him a Bitcoin, so at the end of the day, I think he's making...

Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets.U.S. regulators are exploring ways for traditional banks to hold bitcoin.Banks' BTC holdings could be used for client trading, as collateral for loans, or held as assets in their balance sheets."I think that we need to allow banks in this...

Flow seeks to make it easier for everyday users to open channels and acquire capacity on the Lightning Network.Lightning node cloud hosting platform Voltage has announced Flow, a new interface that aims to make the Lightning Pool liquidity marketplace more accessible to everyday users. Pool is an open market that allows...

Mastercard is said to be planning to allow any bank or merchant on its vast network to accept Bitcoin and offer Bitcoin and Bitcoin rewards.Mastercard is said to be planning to allow any bank or merchant on its vast network to accept Bitcoin and offer Bitcoin and Bitcoin rewards. According to a new report from...

The partnership announced in June has begun bearing fruit as Five Star Bank and UNIFY add BTC purchasing capabilities.Five Star Bank and UNIFY Financial Credit Union will be the first firms to offer bitcoin services to their banking customers through NYDIG’s partnership with Q2.The institutional bitcoin broker NYDIG partnered with fintech Q2 in June.A few months later and the...

The retail giant has started a pilot program to offer shoppers the ability to buy bitcoin at Coinstar kiosks in its stores.Walmart has started a pilot program to bring bitcoin purchasing capabilities to Coinstar kiosks in some of its U.S. stores.The pilot is part of a broader partnership between Coinstar and Coinme to offer BTC at over 8,000 kiosks, 200 of...

NYDIG facilitated the purchase, representing "a watershed moment for bitcoin and its place in public pensions," its global head said.A U.S. public pension fund has invested in bitcoin for the first time.The Houston Firefighters' Relief and Retirement Fund acquired an undisclosed amount of BTC through institutional bitcoin services provider NYDIG.The investment "represents a watershed...

With 40 million tons of e-waste generated each year, the unique incentives created by bitcoin miners offer a solution to a growing problem.We’re all familiar with the “energy waste” and “carbon emissions” narratives around Bitcoin mining. “It wastes energy!” “It’s a carbon emitter!” Obviously, Bitcoin is a unique and terrible attack on the environment at a scale previously unheard of in human...

Stronghold shares are expected to begin trading on the Nasdaq today under the ticker symbol “SDIG.”Stronghold has upsized its IPO to $19 per share, with plans to raise $127 million.The company had previously announced an IPO price of between $16 and $18 per share, which would allow it to raise around $100 million.Stronghold’s common stock shares are expected to begin...

Users can now transact on the Liquid Network with the software and hardware Specter wallets.Specter Solutions has integrated the Liquid Bitcoin sidechain network into its desktop and hardware wallet solutions and added support for Blockstream's hardware wallet Jade, according to a release sent to Bitcoin Magazine. The integration will enable Specter users to transact in the Liquid Network with Jade and...

Dapper Labs, the team behind CryptoKitties’ success, recently announced its participation in the board of directors at Concept Art House, as well as a fundraising. Concept Art House is a professional studio that provides art services for famous game companies like Activision, Kabam and Supercell. Digital artwork is one of the most popular use cases [...] The post Concept Art House Raises $25...

NBA agreed to a sponsorship deal with Coinbase, who will get WNBA, NBA G League, and USA Basketball branding.NBA has agreed to a sponsorship deal with cryptocurrency exchange Coinbase, which will become the league's exclusive crypto partner.Coinbase will get WNBA, NBA G League, and USA Basketball branding, but the deal's terms were not provided.Bitcoin will most likely be sidelined...

The surveillance firm that works against the Bitcoin ethos purchased an undisclosed amount of bitcoin through NYDIG.Blockchain tracing platform Chainalysis announced today the execution of a bitcoin purchase through NYDIG for the firm’s balance sheet, marking an advancement of a long-standing partnership between the two companies. Despite the bullish purchase, Chainalysis is still a surveillance company acting in...

Grayscale Investments announced today that the NYSE Arca has filed to convert the firm’s flagship product, the Grayscale Bitcoin Trust (GBTC) into a Bitcoin Spot ETF.Grayscale Investments, the world’s largest crypto currency asset manager announced today that the NYSE Arca has filed to convert the firm’s flagship product, the Grayscale Bitcoin Trust (GBTC) into a Bitcoin Spot ETF. The filing comes on...