A Canadian entrepreneur has sought to recycle the heat generated through bitcoin mining by growing plants and fish suited to the temperatures produced by cryptocurrency mining rigs by utilizing an aquaponic system. Also Read: Bitcoin Pushes Canada Toward State Crypto Coin Canadian Entrepreneur Recycles Heat From Cryptocurrency Mining to Grow Food Bruce Hardy, a Manitoba-based entrepreneur, […]
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This week a new forked counterparty protocol has been announced that will be solely dedicated to the Bitcoin Cash (BCH) network. The team plans to launch its native currency XCPC on March 1 while also detailing there will be a ‘burning’ as well. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies An […]
This week the Canadian firm, Hive Blockchain, announced it would be starting a $100Mn USD mining operation in Sweden. Hive’s CEO says the mining center will “ten times bigger” than the company’s Iceland mining centers. Also Read: Markets Update: Cryptos Look for Relief After South Korea FUD Causes Losses Hive Blockchain Is Starting a Mining Operation […]
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated […]
A suspect in a case involving hacking, blackmailing and Bitcoin has been arrested in Hong Kong. A 30-year-old computer technician has been taken in custody in connection with cyberattacks against two travel agencies. The man risks years of imprisonment. Personal data of customers was held for ransom. Tour operators were asked to pay 1 Bitcoin […]
RSK Labs has finally mined its genesis block and formally launched its long-awaited Bitcoin-based smart contract platform and sidechain on the mainnet. While still in beta with limited distribution, the new RSK sidechain is expected to offer significant scaling benefits to the Bitcoin network. News.Bitcoin.com caught up with CEO Diego Gutierrez Zaldivar to find out […]
On Wednesday, the tech world was rocked by revelations of a computer chip vulnerability that exposes critical data. Meltdown and Spectre are the names assigned to the newly discovered flaws which primarily affect Intel chips. From a security perspective, the bug concerns everyone who uses an Intel-powered device to connect to the internet, which is […]
Japanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on […]
Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer […]
On January 2 one of the most well-known developers for the original bitcoin protocol, Gavin Andresen, contributed an idea to Github called “Storing the UTXO as a bit-vector.” Andresen has been active on Github for the past month as his contributions have been focused on general (Unspent Transaction Output) UTXO sets, but this particular idea […]