Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market
Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK […]
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In less than eight days Bitcoin network market participants were ready for the planned Segwit2x fork, canceled yesterday. Now cryptocurrency proponents everywhere are expressing opinions about the Segwit2x plan in general, and the working group’s decision to give up on forking the protocol. Also Read: Openbazaar Sees a Variety of New Vendors After Privacy Enhancements Segwit2x: […]
As hedge funds rush to enter the cryptocurrency space, the landscape for retail cryptocurrency investors is fundamentally changing before our very eyes. Marcel Chuo from news.Bitcoin.com sits down with Guy Zyskind, CEO of Enigma to discuss how his team is helping hedge funds that utilize artificial intelligence and automated bot trading enter the crypto space. […]
As of this writing, bitcoin has a market dominance of 62.7% – representing more than 60% of the entire cryptocurrency markets for the first time since April 2017. Also Read: Markets Update: Cryptocurrency Market Cap Now Commands $200 Billion Bitcoin Continues to Reclaim Market Dominance Bitcoin’s current total market capitalization is more than $126.5 billion USD […]
If you’re new to Bitcoin, welcome. We’re a community of people from every part of the world, from as many walks of life as you can imagine, exploring the future of money. Let’s skip the philosophy and technical jargon, and just get you started using it. Also read: Bitcoin.com Getting Started Page Bitcoin, Like Anything […]
RT has reported that citizens of the Russian city of Irkutsk in Siberia have been using cryptocurrency mining to heat their homes. Irkutsk has attracted many cryptocurrency miners due to the city’s cheap power prices. Also Read: Bitcoin ATMs On the Rise in Russia Two Irkutsk Entrepreneurs Have Developed an Underfloor Heating System Connected to Mining […]
Samsung’s new ‘upcycling’ initiative has seen the company repurpose outdated technology for novel and creative utilities, including the construction of a bitcoin mining rig from out of old smartphones. Also Read: Arras Lives on Bitcoin for a Week and Proves Bitcoin Is Gaining Acceptance The ‘Upcycling’ Program Has Seen the Company Turn 40 Used Galaxy S5s […]
Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]
Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]
Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners. Also read: Research […]
