2023-01-01 Caught the the Block!
Woot Woot! ~$4.50 wins me ~$12.75 in Bitcoin Cash coin!
Decentralized Autonomous Organization (DAO)
A decentralized autonomous organization (DAO) is an emerging legal structure with no central governing body whose members share a common goal to act in the entity’s best interest. Popularized through…
Upcoming LTC block reward halving
The LTC (Litecoin) network is expected to perform its block reward halving on block height 2,520,000, estimated to happen on 2023-08-03. After this halving, the block reward of LTC will…
How Does Bitcoin Mining Work?
Bitcoins are discovered rather than printed. Computers worldwide “mine” for coins by competing with each other. (Updated Jul 25, 2023 at 2:45 p.m. CDT) Key Takeaways: Why mine Bitcoin? There…
Russian government official under investigation for receiving 1,000 BTC in bribery scandal.
Marat Tambiev Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges According to reports from local media outlet Kommersant, a Russian government official has…
Russia Becomes 2nd Most Powerful Bitcoin Miner in the World
Russia surpassed Kazakhstan to become the second-largest bitcoin mining power by generating 1 gigawatt of mining power in the first quarter of 2023. According to Bitriver’s data, cited by The…
Bitcoin Mining Activities Skyrocket in Texas
While the heavy power consumption by the Bitcoin network has been a matter of concern for many governments around the world, Texas is reportedly witnessing a boom in bitcoin mining…
Bitcoin energy use in Iceland set to overtake homes, says local firm
Iceland is facing an “exponential” rise in Bitcoin mining that is gobbling up power resources, a spokesman for Icelandic energy firm HS Orka has said. This year, electricity use at…
Beginner’s Guide: What Is An Altcoin?
If you are new to cryptocurrency, you should have heard about altcoin. So, what is an altcoin? Does it have anything to do with Bitcoin? Let’s explore. An Altcoin is…