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Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips

Japan's Internet Giant GMO Launching Bitcoin Mining Empire with 7nm ChipsJapan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]

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September 8, 2017 0

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in RussiaThe preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]

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September 7, 2017 0

SEC Chairman Believes ICO Investors Do Not Understand Risks

Jay Clayton, Chairman of the United States Securities and Exchange Commission (SEC) has articulated his concern that most ICO investors do not fully understand the “substantial risks” associated with initial coin offerings. Also Read: A Phone Call From SEC Pressures ICO Startup to Close Operations and Refund The SEC Does Not Believe That the Majority of […]

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September 7, 2017 0

Chainside Launches Segwit-Compliant Python 3 Bitcoin Library ‘BTCpy’

This week the bitcoin software startup Chainside released a new Python 3 Segwit-compliant Bitcoin library called “BTCpy.” The company hopes the new codebase will further blockchain development and that businesses can integrate Bitcoin software with ease. Also read: Bitcoin Is Becoming a Popular Investment for Middle-Class Americans Introducing BTCpy – a New Python 3 Segwit Compliant […]

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September 6, 2017 0

Bitcoin.com Just Added Bitcoin Cash Functionality For All Wallet Versions

Bitcoin CashA couple weeks ago, here at Bitcoin.com, we mentioned we were working on integrating bitcoin cash (BCH) into all versions of our wallet application. Now we are overjoyed to announce we just rolled out BCH in its entirety. All users, readers, and customers can easily assess bitcoin cash functionality on their bitcoin.com wallets. You should […]

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September 6, 2017 0

Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin

This week two business luminaries, Baroness Michelle Mone and Douglas Barrowman, have announced the sale of 2.4 million square feet of Dubai residential property will be sold for bitcoin. The residential 40-storey tower apartments will be the first properties located in Dubai’s Science Park priced and sold for a cryptocurrency settlement. Also Read: Japanese Cryptocurrency Exchange […]

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September 5, 2017 0

Stargroup Network Upgrades – Bringing Bitcoin to 2,900+ Australian ATMs

The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs). The agreement is for Stargroup’s entire global network, starting with Australia, where it has deployed over 500 ATMs and manages 2,400 more via its subsidiary […]

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September 5, 2017 0

South Korea Takes Steps To Regulate Digital Currencies

South Korea’s top financial regulators have jointly announced their plans to deal with digital currencies such as bitcoin and ether. Specific measures were outlined such as requiring banks to perform due diligence on bitcoin exchanges and strengthening user verification procedures. Also read: South Korea Legalizes Bitcoin International Transfers, Challenging Traditional Banks Attempt to Regulate Digital […]

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September 4, 2017 0

Google Says Russia’s Interest in Bitcoin up 220%, Mining 560%, Ethereum 760%

Google has analyzed cryptocurrency-related search queries of Russian residents for the first half of this year. Searches for bitcoin, ethereum, cryptocurrency, as well as cryptocurrency mining, have all increased substantially. Google has also pinpointed the regions in Russia with the most search growth. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Google’s Analysis Google has performed an […]

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September 3, 2017 0

F2 Pool May Pull Hashrate Support Away From Segwit2x

Lately, there’s been a lot of controversy surrounding the Segwit2x proposal’s upcoming November hard fork. According to reports, the mining organization F2 Pool doesn’t support the 2MB fork, and the pool has also stated it hasn’t been running the BTC1 code. Also read: An Inside Look at Kim Dotcom’s Upcoming Bitcache and K.im Platform F2 Pool […]

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September 1, 2017 0