Preparing for the Bitcoin Hard Forks: A Step-by-Step Walkthrough
At the moment there are two forks planned for the Bitcoin network, and cryptocurrency proponents are curious about taking the best preparations. One fork is called Bitcoin Gold which is scheduled for October 25, while the other hard fork Segwit2x (BTC1) will take place roughly around mid-November or block height 494784. Also read: Putin Tells […]
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The Middle East island country of Bahrain is becoming interested in bitcoin and cryptocurrency. Their government hopes to be on the cutting edge of fintech innovations. Khalid Al Rumaihi, the chief executive of the Economic Development Board of Bahrain, mentioned the country has been eyeing the blockchain sector for some time. He hopes Bahrain can “issue […]
The month of September is wrapping up, and the planned November Segwit2x (BTC1) hard fork is steadily approaching. According to the BTC1 roadmap, a block between 1MB and 2MB in size will be generated by miners raising the block size limit at block height 494,784. Over the past few months, Core developers and supporters have […]
More details on the Japanese Internet Giant GMO’s plans to enter the Bitcoin mining market have been released. The company has revealed the hardware and performance specifications for its upcoming 7nm process ASIC mining chips which feature very low power consumption requirements. GMO also divulged its plans to produce and sell PC-ready ASIC mining cards […]
The internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]
Vietnamese investors are in a hurry to import crypto mining equipment. As the bitcoin price continues to flourish — despite the Chinese putting a stop to domestic ICOs — investors desperately want mining equipment. However, the legality of bitcoin and cryptocurrency in Vietnam is unclear, and getting miners through customs is difficult. Also read: Lead Developer […]
This week the lead developer of Bitcoin ABC, Amaury Séchet, engaged in a Reddit Ask-Me-Anything (AMA) discussion about the future of Bitcoin Cash (BCH), and the protocol’s future scaling. Also Read: Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center An AMA With Amaury Séchet – Lead Developer of Bitcoin ABC This summer […]
Openbazaar 2.0, a major upgrade from the previous version, has been released. The fully-functional public beta expands the peer-to-peer app with several new features including Tor integration, improved search, a bitcoin wallet, new vendor tools, and stores that stay online. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Openbazaar 2.0 Beta Launches Openbazaar […]
This week news.Bitcoin.com reported on the Japanese corporation GMO Group announcing plans to start a bitcoin mining operation using 7 nanometer (nm) semiconductor chips. Many bitcoiners are curious about this news as 7nm chips are not commercially produced at the moment. However, many people still understand the introduction of more advanced ASIC processors will be […]
Japan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]
