Square CEO Jack Dorsey says he wants to build a bitcoin mining system

Town square CEO Jack Dorsey said late last night that the company could jump into the bitcoin mining business. Dorsey tweeted that the company is considering a “bitcoin mining system based on its own silicon and an open source for individuals and businesses around the world”. The price bitcoin after a series of Dorsey tweets, … Read more

The bitcoin power plant is angering environmentalists

The barrier to large-scale bitcoin mining is to find enough cheap energy to run the huge, energy-absorbing computer fields that create and trade cryptocurrencies. One mining operation in downtown New York came up with a new solution that worried environmentalists. It uses its own power plant. Greenidge Generation operates a once-preserved power plant near the … Read more

The arrested defendant twice hacked the Bitfinex stock exchange

The 26-year-old accused of alleged bitcoin fraud Karnataka informed police that he hacked Bitfinex twice during his stay in the Netherlands. The alleged hacker was identified as Srikrishna Ramesh alias Sriki. “Bitfinex was my first major hack on the bitcoin exchange. The exchange was attacked twice and I was the first to succeed. The second … Read more

In Lebanon, bitcoin is proving to be a safe bet

It is a small, unpretentious office hidden between a dog salon and a slot machine room in Bourj Hamoud, Beirut’s Armenian Quarter. There are two golf clubs on the wall, three golf balls, and a poster framed above them, showing the price of bitcoin, which is rising sharply. It is here that 37-year-old Samir Saad … Read more

What can you buy for bitcoins?

When it was launched in 2009, bitcoin was to be a medium for everyday transactions, making it possible to buy everything from a cup of coffee to a computer or even an apartment. However, its trajectory changed soon after launch, and the cryptocurrency quickly became a channel for criminal activities. What can you buy for … Read more

What is the basic value of bitcoin?

As it reaches new highs, there is no shortage of bold predictions about Bitcoin reaching $ 100,000 or more. They are often based on nothing but extrapolations from people with their own interests: the price has risen sharply, so it will continue to rise. If it gets above its previous maximum, it must go further. … Read more

The environmental impact of bitcoin, which replaces Fiat currency

There are many environmental issues on the horizon. As a world, we must prepare for these problems, because if they are not properly managed, the impact on the environment can be catastrophic. One of the environmental problems is the increase in bitcoins. As many people fear, bitcoin, which is becoming more popular, will have a … Read more

Will the government kill bitcoins?

The Internet is full of talk and questions about cryptocurrency – yes, again – after the recent price of bitcoin broke $ 60,000 coin. The serious question on many lips and screens is whether the federal government will allow this rival of the US dollar to continue to operate, or will it regulate it more … Read more

A transformation that could overtake bitcoin

The second most valuable cryptocurrency in the world, ether, reached historical highs in price before the major modernization of its base platform, etherereum. Ether is currently only shy $ 500 billion (GBP 363 billion). This is still just under half of the largest cryptocurrency bitcoin. But could this upgrade, which is a crucial step towards … Read more