8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade

8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single TradeEight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which put extreme pressure on the nascent […]

Go to Source

Powered by WPeMatico

Big Block Breakthrough: 1 Gigabyte BCH Scalenet Block Mined With Raspberry Pi4

raspberry pi4While it seems the big block vs. small block debate is over, it is still relevant in the cryptocurrency sphere and some users are still delving into the limits of big blocks. Mtrycz, a writer leveraging the read.cash blogging platform, claims to have mined 1 gigabyte (GB) block using a Raspberry Pi4 on the Bitcoin […]

Go to Source

Powered by WPeMatico

Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements

Third Anniversary of Bitcoin Cash Highlights a Myriad of Network ImprovementsIn twelve days the Bitcoin Cash community will celebrate the third anniversary of the 2017 fork that happened on August 1. Since then, a number of changes have happened during the last three years and the following editorial will discuss the significant differences between both chains. The Bitcoin Cash (BCH) fork took place almost three […]

The post Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Many Facts Pointing to Adam Back Being Satoshi

The Many Facts Pointing to Adam Back Being SatoshiDuring the last year, news.Bitcoin.com created a series that shows the many facts that point to certain individuals who might just be Satoshi Nakamoto and it’s been a popular run so far. Our series has covered nearly everyone, but there are still a few individuals that haven’t been covered. On May 11, 2020, the popular […]

The post The Many Facts Pointing to Adam Back Being Satoshi appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia

Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary CryptopiaThis week filmmaker Torsten Hoffmann launched the cryptocurrency-infused documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet.” Cryptopia discusses the powerful economy and flourishing ideas that stemmed from Satoshi’s invention through the eyes of some of the industry’s well known movers and shakers. Cryptopia: Bitcoin, Blockchains and the Future of the Internet The three-time […]

The post Award-Winning Filmmaker Torsten Hoffmann Launches Bitcoin Documentary Cryptopia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed DebateThere’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K in addition to Roger Ver’s initial $10K […]

The post Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Former Mod Explains R/Bitcoin Censorship and Why He Was Removed

Former Mod Explains R/Bitcoin Censorship and Why He Was RemovedOn May 2, the Bitcoin.com podcast series Humans of Bitcoin published an interview with early bitcoin supporter Jason King who became a moderator for Reddit forum r/bitcoin in late 2012. During the interview, King tells podcast host Matt Aaron how the forum r/bitcoin went from a fun area on the web to an environment filled […]

The post Former Mod Explains R/Bitcoin Censorship and Why He Was Removed appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Business Owner’s Seething Critique of the Lightning Network Goes Viral

Business Owner's Seething Critique of the Lightning Network Goes ViralA business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain […]

The post Business Owner’s Seething Critique of the Lightning Network Goes Viral appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mystery Bitcoin Miners Are Altering Mining Pool Dominance

Mystery Bitcoin Miners Shift Mining Pool Dominance ImmenselyDuring the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however, unknown miners have started to dominate […]

The post Mystery Bitcoin Miners Are Altering Mining Pool Dominance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Roger Ver and Jimmy Song to Debate Bitcoin on Blockchain Cruise

Roger Ver and Jimmy Song Will Debate Bitcoin on a BoatNext Monday will witness an eagerly anticipated debate between two of bitcoin’s leading figures. Bitcoin.com CEO Roger Ver and Bitcoin Core developer Jimmy Song will go head-to-head aboard a blockchain cruise on the Mediterranean. The debate promises to be one of the highlights of the three-day event, watched by 2,500 delegates aboard Coinsbank’s chartered vessel. […]

The post Roger Ver and Jimmy Song to Debate Bitcoin on Blockchain Cruise appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico