Category : Bitcoin Magazine

Bitcoin Magazine

Did The New York Times Publish Manipulated Footage Of A Bitcoin Mine?

This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and energy.Did The New York Times manipulate aerial drone photography for its recent article attacking Bitcoin mining, in order to make the air in R...

Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends

Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research at Riot Platforms Pierre Rochard expressed gr...

Paxful Announces Appointment Of Interim CEO Roshan Dharia

Paxful, a global peer-to-peer Bitcoin platform, has announced the appointment of Roshan Dharia as the new Interim Chief Executive Officer, effective immediately. This comes after a brief shutdown period of the exchange prior to the departure of Co-Fo...

Stablecoin Issuer Tether To Begin Bitcoin Mining Operations In Uruguay

Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with a local licensed company mar...

Sabre56 Announces New Partnership With GEM Mining To Host More Than 4,500 Bitcoin Miners

Sabre56, a Bitcoin mining hosting provider and digital asset mining consultancy, has announced a significant hosting deal with GEM Mining, an institutional-grade Bitcoin mining company. The agreement entails Sabre56 hosting 4,510 BTC miners that belo...

The Bitcoin Standard Author Saifedean Ammous Joins El Salvador’s National Bitcoin Office As Economic Advisor

Dr. Saifedean Ammous, prominent economist and author of "The Bitcoin Standard," is poised to take on a new role as an Economic Advisor to El Salvador's Bitcoin Office. This appointment comes after El Salvador made history by becoming the first countr...

Umbrel Announces New Umbrel Home Plug-And-Play Server

Umbrel, the company behind umbrelOS, has introduced a new home server solution called Umbrel Home with the intent of providing users control over their data, privacy and digital lives, according to a press release sent to Bitcoin Magazine. Priced at...

Filmmaker Alana Mediavilla On Bitcoin’s Energy Consumption, Education And Closing The Gender Gap

It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’s energy usage. Senator Elizabeth Warren from Massachusetts has repeatedly attacked Bitcoin...

Memorial Day Reflections: Reinvigorating Critical Thought, Bitcoin Can Honor Service Members

This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.“That was before my time… Of course it’s true, everybody knows it’s true.”The...

How Bitcoin Can Preserve The Life Savings Of Refugees

This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor.Suppose you lead an ordinary family life in an undisclosed country. Suddenly, a crisis hits. This could be the rise of an autocratic regime, a democide or an armed conflict. Wha...

How I Preserve My Wealth With Bitcoin

This is an opinion editorial by Konstantin Rabin, a finance and technology writer.Good ol’ bitcoin, the granddaddy of cryptocurrency, is increasingly being used as a reliable store of value for those looking to move away from the more established ass...

Ordinals Is Bringing The NFT Industry To Bitcoin

The Ordinals protocol has taken the Bitcoin world by storm. Quickly amassing over 9,000,000 inscriptions, the new protocol allows for arbitrary data to be embedded on the Bitcoin blockchain. In addition to attracting attention from the NFT industry,...

Bitcoin Core Version 25.0 Released Bringing New Features And Transaction Use Cases

Bitcoin Core version 25.0 has been released, bringing new features, bug fixes and performance improvements to the software. Users can download the latest version from the official Bitcoin Core website or update their existing installations. The relea...

Tax Attacks Won’t Kill Bitcoin: Regulators Must Learn To Accept New Technology

This is an opinion editorial by Conor Chepenik, an organizer for the MassAdoption Bitcoin meetup. Source Congressman Brad Sherman's recent tweet attacking Bitcoiners as "tax evaders" is a prime example of how Bi...

Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit

Bankrupt lending platform Celsius Network LLC has announced that it has selected a proposal by Fahrenheit as the winning bid to lead the company out of bankruptcy, according to reporting by Reuters.Celsius, which filed for Chapter 11 protection in Ju...

Bitcoin Payments App Bottlepay To Shutdown Services

Bottlepay, a popular consumer app for Bitcoin transactions, has announced its closure on Monday, July 24, 2023, leaving users with the task of withdrawing their funds. The company stated that all accounts will be closed, and users are urged to withdr...

Introducing The Rolling-Block Method: A New Way To Forecast Bitcoin Mining Difficulty

Since Bitcoin’s inception, network difficulty has grown from 1 to as much as 48.71 trillion hashes that a miner would theoretically need to generate to find the winning one. This means it is 48.71 trillion times harder to mine a Bitcoin block today t...

MicroBT COO Jordan Chen Discusses The Company's Long-Term Goals And The Newest Whatsminers At Bitcoin 2023

MicroBT, a leading manufacturer of Bitcoin mining rigs, is focused on addressing the need for upgraded power sources in bitcoin mining. In an interview conducted at Bitcoin 2023 in Miami Beach, MicroBT's COO, Jordan Chen, emphasized the company's com...

BIT Mining And Chain Reaction Partner To Create New Bitcoin Mining Systems

BIT Mining Limited has announced a collaboration with semiconductor company Chain Reaction to develop next-generation systems for bitcoin mining. According to a press release, the collaboration aims to leverage Chain Reaction's ‘EL3CTRUM ASIC’ soluti...

When Bitcoin Meets Artificial Intelligence: Woke Madness Or Awakened Sanity?

This is an opinion editorial by Aleksander Svetski, author of “The UnCommunist Manifesto,” The Bitcoin Times and the “Remnant Series,” and head of growth and strategy at Lucent Labs.I know, I know. Your Twitter feed has probably been drowning in thre...

Upstream Data Files Lawsuit Against Crusoe Energy Systems For Bitcoin Mining Operations

Canadian Bitcoin mining corporation Upstream Data Inc. has filed a patent infringement lawsuit against Delaware limited liability company Crusoe Energy Systems LLC in the United States District Court for the District of Colorado.& The lawsuit all...

How To Figure Out If You Should Start Mining Bitcoin

This is an opinion editorial by Keaton Reckard, the community engineer at Hiveon, a mining ecosystem that includes an operating system for Bitcoin mining hardware.Bitcoin mining refers to the process through which new bitcoin is introduced into circu...

Neutronpay And Pouch.ph Partner To Offer Affordable Remittances For Canada And Vietnam Using Lightning

Neutronpay, a digital payment platform based in Canada, has partnered with Pouch.ph to offer fast and affordable remittance services for Filipinos living in Canada and Vietnam. According to a press release sent to Bitcoin Magazine, the partnership ai...

Ordinals Have Proven Demand On Bitcoin, But Fees Will Push Users To Layer 2

This is an opinion editorial by Steven Hay, a writer, former trader and art dealer.The Ordinals controversy is still simmering and seems set to flare up again soon. Although Ordinals’ block space usage had been trending down since March 23, 2023, the...

Decoding Bitcoin’s Transaction Surge: The Emergence Of History’s Greatest Accounting Innovation

This is an opinion editorial by Darin Feinstein, the co-founder and co-chairman of Bitcoin mining firm Core Scientific.The recent surge in transaction volume on the Bitcoin network has sparked conversation and debate about heightened transaction fees...

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