Bitcoin News

A touching sculpture dedication pays tribute to the legendary cryptographer Hal Finney and his love of running. “Running Bitcoin” is a sculpture in commemoration of Hal Finney — celebrating his 65th birthday and his contributions to Bitcoin. It will be up for auction beginning today, May 4, 2021, Hal’s birthday, and 50% of the sale…

Access to unique power sources and friendly regulations are driving bitcoin mining companies to set up shop in Texas. Texas might seem like an unlikely mecca for large scale bitcoin mining operations. Although energy prices in Texas are relatively cheap — a big draw for miners — the state’s reserve margins are almost nonexistent, as…

Bitcoin mining pools have begun signaling for the Taproot soft fork activation, with almost half of network hash rate currently doing so. The path to activation for Bitcoin’s Taproot protocol upgrade is underway after the recent Bitcoin Core version 0.21.1 release included its activation code, and the largest mining pools are already signaling support. Bitcoiners…

The legacy fine arts auction house Sotheby’s International would accept bitcoin in exchange for a Banksy painting being auctioned soon. 276-year-old fine arts auction house Sotheby’s International is open to bitcoin payments for a Banksy piece estimated to fetch $3 million to $5 million during an upcoming sale. “What better combination to introduce crypto than…

The impacts of gold and banking on the environment relative to Bitcoin are much greater than mainstream narratives suggest. The following is a republishing of Hass McCook’s “Comparing Bitcoin’s Environmental Impact…,” which was first published here. NOTE: The methodology and underlying figures (specifically, emission rates for gold and banking) mentioned throughout are generally derived from…

Pete Rizzo discussed the earliest days of Bitcoin and Satoshi Nakamoto’s influence with Blockstream’s Adam Back. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Libsyn Overcast This week for the “Bitcoin Magazine Podcast,” we have a replay of last week’s interview between Adam Back and Pete Rizzo on Satoshi’s legacy. Back is…

What’s been behind the recent dips in the price of bitcoin, and what might the future potentially hold? Navigating the stormy seas of the bitcoin markets can be a challenge. Luckily, Bitcoin uses a publicly available blockchain that contains valuable information about all transactions that were ever made on the network. By combining this on-chain…

Toronto FC forward Ifunanyachi Achara is converting part of his pro soccer salary to bitcoin and sending BTC remittances to family in Nigeria. Yet another professional athlete has come out publicly in support of Bitcoin, and has joined the “Pay Me In Bitcoin” movement. Toronto FC forward Ifunanyachi Achara had already been buying bitcoin via…

Ethereum has created new all time highs (ATHs) after crossing the psychological mark of $3000+. The rally doesn’t appear to be ending anytime soon, considering the momentum and the propelling forces for the native ETH token of the world’s largest smart contracts platform. A couple of intertwined narratives seem to be at play here and…

Most people in the cryptocurrency space have perhaps heard of the Lightning Network at one point or the other. For many, the Lightning Network represents a convenient and safe way to interact with bitcoin and the wider crypto space.  However, it seems the Lightning Network might have some competition on its hands in form of…