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Over a half a million dollars worth of bitcoin from a May 2010 coinbase reward was transferred to Bitfinex on October 1. A parser recorded the old coins being spent and since mid-February 2020, roughly 33 so-called ‘sleeping bitcoin addresses’ from ten years ago have been spent to-date. Interestingly, 20 out of the 33, 2010-issued […]
The post $8M Worth of ‘Sleeping’ Bitcoin Rewards from 2010 Moved the Day Before ‘Black Thursday’ appeared first on Bitcoin News.
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The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than […]
The post The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days appeared first on Bitcoin News.
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The Electric Coin Company, a group that supports the development of Zcash (ZEC), announced the community has voted to distribute 20% of the ZEC network’s mining rewards to infrastructure and marketing development. The ZEC development funding proposal was initiated because the coin’s Founder’s Reward expires in November and after block 1,046,400, ZEC miners will only […]
The post Zcash Community Votes to Distribute 20% of Mining Rewards to Infrastructure Development appeared first on Bitcoin News.
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The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]
The post Kodak-Branded Bitcoin Mining Scheme Collapses appeared first on Bitcoin News.
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On May 19 a group of Bitcoin Cash (BCH) miners met after the Coingeek Conference in Hong Kong to discuss a new proposal which would fund BCH development and professional programmers who work on the protocol. The funding would stem from a portion of the miners block reward, and attendees discussed donating between 1-5 percent […]
The post BCH Miners Discuss Funding Development With a Fraction of Block Rewards appeared first on Bitcoin News.
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Looking back the development of Bitcoin in the past 9 years, there have been problems such as privacy protection, slow transaction speed and high transfer fees due to increased users and network effects. The scalability debate in recent years has greatly slowed the development of the Bitcoin community.
The post PR: Bitcoin’s Parallel Ecosystem – Claim Your Bitcoin Parallel (BCP) and Bitcoin Parallel Clearing (BCPC) on February 12th 2018 appeared first on Bitcoin News.
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