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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