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 […]
The post Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market appeared first on Bitcoin News.
Bitcoin cash is enjoying a new lease of life as major figures throw their weight behind the chain. In the wake of the abortive Segwit split, neither bitcoin nor B2x has prospered, with the latter failing to materialize and the former dropping below $6,800 for the first time in 10 days. BCH, meanwhile, hit $866 […]
Over the past few weeks, a fog of uncertainty over bitcoin’s direction has forced a number of crypto projects to grind to a halt. Everything from blockchain development to token generation events has been on ice while the machinations surrounding the Segwit2X hard fork played out. Following yesterday’s news that the proposal had been abandoned, […]
Right now people keep hearing about the pending fork scheduled for on or around November 16. Because software forks and blockchain splits can be a confusing subject, we want to explain just what a fork is and what it means for all the network participants involved. Also read: Preparing for the Bitcoin Hard Forks: A Step-by-Step […]
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 […]
Bitcoin has had a phenomenal year in 2017 surpassing many expectations as the decentralized currency now commands a whopping $100B market capitalization. This Halloween marks another milestone as nine years ago today the anonymous creator of the ‘Internet of Money,’ Satoshi Nakamoto, released the Bitcoin white paper. Also Read: Bitcoin Prices Skyrocket to $7200 on Zimbabwean […]
Samsung’s new ‘upcycling’ initiative has seen the company repurpose outdated technology for novel and creative utilities, including the construction of a bitcoin mining rig from out of old smartphones.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 […]
The Massachusetts Institute of Technology (MIT) has announced a pilot program that will issue diplomas to 111 graduates utilizing the bitcoin blockchain. The program is the product of a partnership between the MIT Registrar’s Office and Learning Machine – a Massachusetts-based company specializing in software development. Also Read: MIT Study Shows Exclusivity Encourages Greater Bitcoin Adoption […]
Over the past few weeks, the discussion regarding fixing the Difficulty Adjustment Algorithm for the Bitcoin Cash network has been a very hot topic. Now according to sources, the protocol’s developers are in the midst of planning a hard fork slated for November 13, 2017. Also Read: Satoshi Nakamoto Should Be on Forbes’ Rich List Several […]
Just recently news.Bitcoin.com reported on the launch of the Lightning Labs desktop application that aims to open the doors for the protocol’s future research and development. Now a new blogging and content creation platform called, “Y’alls,” has been launched that allows users to read and write articles by utilizing Lightning Network micropayments. Also Read: A […]
