Author: Jamie Redman

A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity | Mining Bitcoin News

Bitcoin.com

A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late Read More

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab | Bitcoin News

Bitcoin.com

On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be Read More

$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite ‘Insane’ Trading Fees | Bitcoin News

Bitcoin.com

During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the last 30 days, dex trade volumes have reached $39 billion Read More

Popular Youtuber Ali Spagnola ‘Accidentally Got Bitcoin Rich,’ Decides to ‘Pay It Forward’ | News Bitcoin News

Bitcoin.com

On Wednesday, the popular musician and Youtuber, Alicia Dawn “Ali” Spagnola, made a new video and tweeted about how she got “accidentally bitcoin rich,” after taking a request for her project called Free Paintings. After getting a bitcoin in 2013 Read More

Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High | Mining Bitcoin News

Bitcoin.com

The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an Read More

Kim Dotcom Discusses the Swelling Crypto Economy and His Plans to ‘Accelerate P2P Electronic Cash’ | Interview Bitcoin News

Bitcoin.com

This week, news.Bitcoin.com chatted with Kim Dotcom, the founder of the now-defunct file hosting service Megaupload and the creator of the content monetization application called K.im. The Internet entrepreneur Dotcom is a big believer when it comes to the crypto Read More

Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours | Market Updates Bitcoin News

Bitcoin.com

Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s Read More

Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin | Finance Bitcoin News

Bitcoin.com

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper Read More

While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine | Market Updates Bitcoin News

Bitcoin.com

The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in Read More

Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards | News Bitcoin News

Bitcoin.com

On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units Read More

Big Tech’s Freedom of Speech Purge Pushes People to Censorship-Resistant Blockchain Social Media | Featured Bitcoin News

Bitcoin.com

During the last few days, the world has watched the Big Tech and social media crackdown after the incident that took place at Capitol Hill a few days ago. During the last 48 hours, U.S. President Donald Trump, a great Read More

New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures | Bitcoin News

Bitcoin.com

There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to win Read More

Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’ | Featured Bitcoin News

Bitcoin.com

Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… Read More

Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’ | Market Updates Bitcoin News

Bitcoin.com

Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time. Moreover, the price of Read More

Bitcoin Price Touches the $37K Zone, Crypto Economy’s Market Cap Hits $1 Trillion | Market Updates Bitcoin News

Bitcoin.com

The price of bitcoin smashed through the last all-time high again jumping above the $37k zone to $37,400 per coin. The crypto asset’s market valuation is around $689 billion at the time of publication, as it has seen $26 billion Read More

Onboarding Institutional Crypto Investors- Coinbase Helps Execute ‘One of the Largest Digital Asset Trades in History’ | Finance Bitcoin News

Bitcoin.com

Over the last year, institutional investors have been flocking toward crypto assets like bitcoin and after Microstrategy’s initial bitcoin purchase, the trending institutional demand for crypto started swelling. On Tuesday, the San Francisco trading platform Coinbase published a study that Read More

Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash | Mining Bitcoin News

Bitcoin.com

The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s Read More

UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto | Bitcoin News

Bitcoin.com

On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the Read More