Category: Bitcoin

A New Bitcoin World

Calvin Ayre Asks Crypto Community For Hurricane Aid – Will Match Donations

Calvin AyreLongtime Antiqua and Barbuda resident, Calvin Ayre, wants people to send immediate relief aid to the islands. Hurricane Irma recently plowed over the island system and caused tons of damage. Ayre has been involved in the bitcoin and gaming ecosystem for many years. He implores everyone in the community to bring much-needed disaster funding to the […]

The post Calvin Ayre Asks Crypto Community For Hurricane Aid – Will Match Donations appeared first on Bitcoin News.


September 12, 2017 0

The Risks of Segregated Witness: Problems under Evidence Laws

The Risks of Segregated Witness: Problems under Evidence LawsBy Jimmy Nguyen Chief IP, Communications & Legal Officer – nChain Group The bitcoin community still debates whether Segregated Witness will help the network’s scalability or will instead create more problems.  As I have previously written, SegWit raises legal questions because it would enable full digital signature (witness) data to be dropped from the transaction […]

The post The Risks of Segregated Witness: Problems under Evidence Laws appeared first on Bitcoin News.


September 12, 2017 0

Why Bitcoin is Not a Bubble

bubbleThe internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]

The post Why Bitcoin is Not a Bubble appeared first on Bitcoin News.


September 12, 2017 0

Vietnamese Hurry to Import Mining Rigs

ViatnmeseVietnamese investors are in a hurry to import crypto mining equipment. As the bitcoin price continues to flourish — despite the Chinese putting a stop to domestic ICOs — investors desperately want mining equipment. However, the legality of bitcoin and cryptocurrency in Vietnam is unclear, and getting miners through customs is difficult.    Also read: Lead Developer […]

The post Vietnamese Hurry to Import Mining Rigs appeared first on Bitcoin News.


September 12, 2017 0

Lead Developer Amaury Séchet Discusses the Future of Bitcoin Cash

Developer Amaury Séchet Discusses the Future of Bitcoin CashThis week the lead developer of Bitcoin ABC, Amaury Séchet, engaged in a Reddit Ask-Me-Anything (AMA) discussion about the future of Bitcoin Cash (BCH), and the protocol’s future scaling. Also Read: Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center An AMA With Amaury Séchet – Lead Developer of Bitcoin ABC This summer […]

The post Lead Developer Amaury Séchet Discusses the Future of Bitcoin Cash appeared first on Bitcoin News.


September 11, 2017 0

7nm ASICs Will Bring Bitcoin Mining to a Whole New Level

7nm ASICs Will Bring Bitcoin Mining to a Whole New LevelThis week news.Bitcoin.com reported on the Japanese corporation GMO Group announcing plans to start a bitcoin mining operation using 7 nanometer (nm) semiconductor chips. Many bitcoiners are curious about this news as 7nm chips are not commercially produced at the moment. However, many people still understand the introduction of more advanced ASIC processors will be […]

The post 7nm ASICs Will Bring Bitcoin Mining to a Whole New Level appeared first on Bitcoin News.


September 11, 2017 0

Chiasso, Switzerland Municipality to Allow Citizens to Pay Taxes in Bitcoin

The Swiss municipality of Chiasso has announced that it will accept tax payments in bitcoin from January 2018 onwards. The announcement signifies a further gathering of momentum for Switzerland’s bid to become a global leader in the bitcoin and cryptocurrency industries, with Chiasso seeking to rival Zug’s Crypto Valley as a major global hub for […]

The post Chiasso, Switzerland Municipality to Allow Citizens to Pay Taxes in Bitcoin appeared first on Bitcoin News.


September 10, 2017 0

US Politicians Want Tax Exemptions For Bitcoin Purchases Less Than $600

Two politicians want to make bitcoin purchases below $600 not subject to tax laws. The lawmakers, Representatives David Schweikert and Jared Polis, who are also co-chairs of the Blockchain Caucus, hope to lesson the tax burden on cryptocurrency users. They are calling their bill the Cryptocurrency Tax Fairness Act.  Also read: Grayscale’s Trust Contemplates Creating Another Entity for […]

The post US Politicians Want Tax Exemptions For Bitcoin Purchases Less Than $600 appeared first on Bitcoin News.


September 8, 2017 0

Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center

Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus CenterOver the past couple of weeks, there have been a few pictures shared across forums of a new cryptocurrency store called “Bitcoin Change” located in the well known Bauhaus building in Tel Aviv. The shop co-founded by Avner (Abe) Ziv hosts a new bitcoin automated teller machine (BTM) and will also provide a bitcoin museum […]

The post Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center appeared first on Bitcoin News.


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 […]

The post Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia appeared first on Bitcoin News.


September 7, 2017 0