Bitcoin News and Information Today

Can Bitcoin mining become carbon neutral?

Aug 30, 2022

Bitcoin's energy consumption is a problem in the eyes of many outsiders. What they may not know is that Bitcoin mining is one of the most sustainable industries. New figures of the effect of methane capture, shows that Bitcoin mining is on its way to becoming carbon neutral or even carbon negative.

Mt. Gox creditors won’t dump Bitcoin, here is why

Aug 29, 2022

The market is tanking again and many investors are wondering why. Last Friday a story unfolded on social media as well on several crypto blogs. The claim: Mt. Gox creditors will receive a whopping 137.000 BTC and dump them all at once this week. Why is the market tanking and why are the Mt. Gox creditors not to blame nor ever will they be?

Bitcoin ATMs hacked – How did GeneralBytes products get compromised?

Aug 24, 2022

GeneralBytes is one of the world’s biggest producers of Bitcoin ATMs and their products are present in over 143 countries. Last weekend there was a security breach that was used to bring ATMs under the attacker’s control. It is yet unclear how much damage was done due to the attack but GeneralBytes confirmed the incident which is quite a shock. What happened to those Bitcoin ATMs, how did this security breach got fixed and what should you keep in mind using an ATM?

Is Bitcoin missing maturity? Anthony Scaramucci is raising the question

Aug 23, 2022

Anthony Scaramucci is the founder of SkyBridge Capital and his investment firm opened a Bitcoin fund to institutional investors. Needless to say, he is a strong proponent of Bitcoin and shares the vision of the decentralized future of money. Recently Scaramucci gave an interview to CNBC and raised an interesting question. Is Bitcoin missing maturity? What had Scaramucci to say about Bitcoin and does he have a point in assuming that it lacks maturity?

Hodlonaut's trial against Craig Wright begins

Aug 22, 2022

In Oslo, on September 12, Hodlonaut's trial against Craig Wright will begin. It seeks to prove that the latter is not Satoshi Nakamoto, the inventor of Bitcoin. The Bitcoin community supports Hodlonaut massively with donations. Craig Wright has been the target of ridicule for years for claiming to be the inventor of Bitcoin, without being able to serve proof.

Bitcoins lead maintainer is leaving his post for good

Aug 16, 2022

Bitcoin is decentralized and open source. This is something that most people understand about Bitcoin but when it comes down to how this technology is developed, many fail to understand how the work is done. While it is true that anybody could contribute to Bitcoin some people are contributing much more of their time and outstanding work. One person that comes to mind is Wladimir van der Laan who is the lead maintainer of Bitcoin’s repository. Why is another maintainer leaving his post after careful preparation and who will succeed him in his role once he is gone?

Blackrock launches Bitcoin trust for institutions

Aug 12, 2022

Asset manager Blackrock launches a Bitcoin trust for U.S. institutional clients. According to Blackrock, despite the recent price drop, there is a lot of interest from these parties to have BTC in their portfolio.

American Bitcoin miner gets paid to turn off machines

Aug 05, 2022

Riot Blockchain, one of the largest Bitcoin miners in the world, temporarily turned off machines during the July heat wave in Texas. That way, more electricity became available for the air conditioners of residents of the state. In compensation, the miner was paid $9.8 million.

Oxford City Football Club adopts Bitcoin for payments

Aug 04, 2022

The Oxford City FC is competing in the National League South and is therefore not well-known in Europe and the rest of the world. But it seems the “Hoops” are playing in the premier league when it comes down to adopting the world’s hardest money that has ever been invented. Bitcoin has often been discussed as digital gold and an inflation hedge, but it is also available for payments. How and why is Oxford City FC adopting the Bitcoin standard? And who is the king of Bedford?

Saylor will step down as CEO, becomes chairman MicroStrategy

Aug 03, 2022

Michael Saylor, the charismatic Bitcoin bull and the person responsible for buying up over 120,000 Bitcoin, is going to trade his role as CEO of MicroStrategy (MSTR) for that of executive chairman. There is plenty of speculation as to whether this change has to do with the over a billion dollar unrealized loss that the company had to take on its Bitcoin position.

El Salvador struggles in the bear market

Jul 31, 2022

El Salvador, the first country to introduce Bitcoin as legal tender, has announced it will buy up its own government bonds, in an attempt to show the markets that it can meet its payment obligations. Will President Bukele succeed in guiding the country through the bear market?

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