Block Stream, Block, and Tesla are all teaming up to mine bitcoin using solar energy in Texas. Texas Continues to Grow Its Mining Space Solar and storage technology is being provided by Tesla. In an interview, Adam Back – the CEO and co-founder of Block Stream – explained that the company is going to be a massive experiment in that it will be one of the first crypto mining firms to be fully powered by renewable energy. He says: People like to debate about the different...
Read More »How El Zonte, aka Bitcoin Beach, Came to Be
El Zonte in El Salvador is known as “Bitcoin Beach.” It’s a relatively small location in a country that very few people could point out on a map. However, it’s doing a lot for the world’s number one digital currency by market cap in that it’s allowing the asset’s name to grow and enter mainstream status. El Zonte Is Becoming One with Bitcoin Many businesses in El Zonte – which has become a tourist town – accept BTC as a method of payment. It was one of the first regions...
Read More »Bitcoin Price Analysis: These are the Levels to Watch if BTC Breaks Below $40K
Over the past week, the price of bitcoin has been plummeting with strong bearish momentum, resulting in a break below the 50-day and 100-day moving averages lines on the daily timeframe, indicating that the bears are presently in control of the market. Long-Term: The Daily Chart Technical analysis by Shayan However, the recent price action suggests that the negative momentum had weakened. The price experienced a short-term bullish leg towards $41.6K, which got rejected. But...
Read More »MicroStrategy Will Buy More Bitcoin: Michael Saylor
In a letter addressed to MicroStrategy’s stockholders on Thursday, the company’s CEO Micheal Saylor doubled down on his conviction of continuing its years-long bitcoin buying spree. The paper aimed to pave the foundation for the Annual Meeting of Stockholders scheduled on May 22nd, 2022. The CEO also promised that MicroStrategy, the publicly traded company with the most number of bitcoin holdings, would continue to buy more BTC and provide its software intelligence services...
Read More »« Bitcoin Terrasse » à Lyon
« Bitcoin-lyon vous accueille sur sa terrasse improvisée située sur l’aile nord de la gare des Brotteaux pour un afterwork décontracté. On parlera bitcoin, Lightning, self sovereignty, économie et de ce que vous voulez ! (sauf de shitcoin 😉 ) Nous prévoyons les rafraichissement et hors d’œuvre. Nous limitons les inscriptions à 21 pour permettre à tout le monde d’être à son aise et d’avoir des...
Read More »Bitcoin Miners in Kazakhstan To Pay Taxes Correlated to BTC Price
Once considered an attractive country for Chinese Bitcoin miners after the country’s crackdown on any BTC mining activity, Kazakhstan now seems to be set to creating new taxes that will negatively impact the industry. On April 14, the Minister of National Economy, Alibek Kuantyrov, said in a government briefing that his team is working on a tax plan that would link tax payments to the valuation of the mined tokens. According to Kuantyrov’s statement, first reported by...
Read More »Dutton Garage Says “Yes” to Crypto Payments for Vehicles
Dutton Garage – a luxury car dealership in Australia – is partnering with crypto company Coin Spot to allow car buyers to purchase their next vehicles with digital currencies like bitcoin. Dutton Garage Is Open to Letting People Buy Porsches with BTC One of the big things that everyone forgets about crypto is that it was initially designed to serve as a payment method. Bitcoin, Ethereum, and many other altcoins to emerge over the last ten years or so were built as a...
Read More »Bitcoin’s Drop to $40K and Elon Musk’s $43 Billion Bid to Buy Twitter: This Week’s Crypto Recap
This week was entirely unproductive for cryptocurrency bulls as the market took a beating and Bitcoin collapsed to $40K. And yet, it appears that the entire world was focused on another exciting event – Elon Musk’s proposition to buy Twitter and take it private. First things first, the cryptocurrency market lost some $160 billion over the last seven days and collapsed below the important level of $2 trillion. This was largely because of Bitcoin’s drop to $40K. It all started...
Read More »PlanB Explains Why Bitcoin Won’t Drop to $24.5K Again
PlanB, the creator of the bitcoin Stock-to-Flow (S2F) model, implied that only a black-swan incident could drag the price of Bitcoin down to $24,500. The anonymous Twitter pseudonym in the past has missed Bitcoin’s price predictions on some occasions, but his bullishness on the asset still remains intact, asserting that it could reach $100K at the end of the year. The bitcoin analyst with over 1.7 million followers on Twitter said in a tweet that he doesn’t see a reason that...
Read More »Grand Angle Crypto : « Miner du Bitcoin au Salvador?… soyons sérieux! »
« Une très grande partie des critiques envers l’impact environnemental de Bitcoin sont la plupart du temps infondées et découlent souvent de toutes sortes de raccourcis et d’extrapolation totalement erronés – qui démontrent en fin de compte d’une incompréhension totale du sujet. Toutefois, de notre côté, bien que nous ayons relativement bien creusé toutes ces questions, nous n’avions jamais eu l’occasion de réellement visiter une ferme de minage Bitcoin. Voir les machines. Sentir...
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