VIRTUAL FUTURE MONEY

The miner produced a total of 5,769 bitcoin in 2021, a 350% increase year-over-year. Core Scientific mined over 1,000 bitcoin in just one month.The miner said it ended 2021 holding 5,296 BTC, worth about $230 million.Its self-mining operations boast 67,000 ASIC machines. Provider of bitcoin mining infrastructure and hosting solutions, Core Scientific, mined 1,044 bitcoin […]

VIRTUAL FUTURE MONEY

While people often see the two as lying on different ends of the political spectrum, Bitcoin is actually an a-political technology designed to help everyone. It’s time to set the record straight. Too many who write or pontificate about Bitcoin do not know what progressivism means in the political realm of American politics — looking […]

VIRTUAL FUTURE MONEY

Silk Road darknet marketplace founder Ross Ulbricht explains how bitcoin derives its value from the freedom it enables. An earlier version of this article was published on Medium on September 25, 2019. Something special happened in the first year or so after Satoshi gave us Bitcoin, something no one expected and many thought was impossible. […]

VIRTUAL FUTURE MONEY

Developments around the global regulation, hash rate and adoption of Bitcoin made for a unique year in 2021. So how will 2022 play out? This past year was certainly a unique one for bitcoin. We saw the first bitcoin exchange-traded fund (ETF) get approved in the United States, the largest-ever Bitcoin conference in Miami, the […]

VIRTUAL FUTURE MONEY

Investors will be able to choose between bitcoin and cash for the dividend payout. Blockchain firm BTCS will pay dividends in bitcoin to its investors.The Nasdaq-listed company has become the first to offer such a dividend option in U.S. markets.BTCS is still evaluating if future dividends will also be paid out in BTC. BTCS Inc., […]

VIRTUAL FUTURE MONEY

A documentary that explores the current state of our economy and the impact a new monetary system like Bitcoin can have on the world. While our economy is known for working in cycles of growth and decline, we know that this is a phenomenon that started only in the last century. Before that point, our […]

VIRTUAL FUTURE MONEY

The remittances giant acquired a 4% stake in Coinme to support the bitcoin exchange’s growth plans. MoneyGram has acquired a 4% stake in Coinme.The money transferring company said the investment will support the bitcoin-to-cash exchange’s growth plans.Coinme currently operates in 48 U.S. states and aims to expand internationally. Remittances giant MoneyGram has acquired a minority […]

VIRTUAL FUTURE MONEY

The bitcoin miner added 276 BTC to its holdings in December after mining 8.9 BTC per day that month. Hut 8 mined 276 BTC in December, up from 265 in the previous month.The miner deposited all bitcoin mined into custody, as per its “hodl” strategy.Hut 8 now holds 5,518 BTC in reserve, a 97% increase […]

VIRTUAL FUTURE MONEY

It would take an attacker with 100% of current hash rate over two years to rewrite the Bitcoin blockchain, an all-time high. The below is a direct excerpt of Marty’s Bent Issue #1138: “The network is very secure.” Sign up for the newsletter here. Here’s a fascinating and reassuring stat from the mining industry, as […]

VIRTUAL FUTURE MONEY

The emergence of social audio applications like Clubhouse and Twitter Spaces in 2021 amplified new and old Bitcoin voices. 2021 was the year of social audio applications. Clubhouse rose to fame and prominence on the back of the world’s COVID-19 lockdown. Folks all over the world were instructed to stay inside and away from other […]