Author: Namcios

National Republican Congressional Committee To Accept Bitcoin Donations

Bitcoin Magazine

According to Axios, the Republican Party’s U.S. House of Representatives campaign division will start accepting contributions in bitcoin, making the National Republican Congressional Committee (NRCC) the first U.S. party committee to accept BTC donations. “We are focused on pursuing every Read More

NYDIG, FS Investments File To Offer Another Bitcoin Fund Through Morgan Stanley

Bitcoin Magazine

A recent filing with the U.S. Securities and Exchange Commission (SEC) indicates that a new institutional bitcoin fund will be jointly created by NYDIG, an institutional bitcoin solutions provider, and FS Investments, a fund management company. The fund, called FS Read More

With 98% Of Blocks Signaling Activation And About 300 To Go, Here’s The Latest On Taproot

Bitcoin Magazine

According to data from Taproot.watch, the Bitcoin protocol upgrade Taproot is underway to activate and will lock in soon, with the current signaling ratio of 98.23% at the time of writing. Currently, 317 additional signaling blocks out of the remaining Read More

Former U.S. President Donald Trump Says He Doesn’t Like Bitcoin Because It Competes With Dollar

Bitcoin Magazine

Former U.S. President Donald Trump told Fox Business that he doesn’t like Bitcoin because he sees it as a competitor to the dollar. “Bitcoin just seems like a scam,” said Trump in the interview. “I don’t like it because it’s Read More

Subsidized Energy And Shrinking Economy Lead To Bitcoin Mining Boom In Argentina

Bitcoin Magazine

Bitcoin miners in Argentina are taking advantage of the country’s shrinking economy and its debased currency to harvest oversized returns, powered by cheap, government-subsidized energy, Bloomberg reported. “Even after Bitcoin’s price correction, the cost of electricity for anyone mining from Read More

Report: China Bans Financial Institutions From Offering Bitcoin Services

Bitcoin Magazine

China has banned financial institutions and payments companies from offering Bitcoin services to clients, including registration, trading, clearing and settlement, Reuters reported. The ban, which also applies to other cryptocurrencies, was announced in a joint statement from the National Internet Read More

Research: Bitcoin Consumes Less Than Half The Energy Of The Banking Or Gold Industries

Bitcoin Magazine

A recently released research report from Galaxy Digital has calculated the energy consumed by the Bitcoin network and then compared it to other industries, including the banking industry. It found that Bitcoin consumes 113.89 terawatt hours (TWh) per year, while Read More

Marathon Mines Bitcoin Block That’s Verified As Compliant With U.S. Regulations

Bitcoin Magazine

Marathon Digital Holdings, one of the largest enterprise Bitcoin self-mining companies in North America, has successfully mined its first “clean” block. In late March, the company announced that it would be launching the first North American Bitcoin mining pool fully Read More