Russian Authorities Plan To Mine Bitcoin Using Associated Gas 

An investigation on a new initiative to mine Bitcoin (BTC) with associated gas is being undertaken by the Russian authorities. According to reports, Vasiliy, the Deputy Minister of Trade and Industry in Russia has submitted a request to the head of the banking system in Russia and the Ministry of Technological Infrastructure to use the… Continue reading Russian Authorities Plan To Mine Bitcoin Using Associated Gas 

Elon Musk’s Tesla Sees Huge Profit On Its Bitcoin Investment

It has been some time since Tesla bought and withheld Bitcoin back in February. The original investment has yielded Elon Musk $1 billion, give or take in profit strictly. Elon Musk has always been a sceptic of Bitcoin after realizing that the flagship cryptocurrency has ramifications when it comes to the environment. He stopped buying… Continue reading Elon Musk’s Tesla Sees Huge Profit On Its Bitcoin Investment

SHIB Rises To 11th On Coingecko, BTC Approaches $80,000, Ripple To Commit $44 Million In Solar

According to data given by CoinGecko, Shiba Inu has risen to the eleventh position on the cryptocurrency market capitalization scale, getting close to Dogecoin, which currently holds the tenth position. In terms of market capitalization, SHIB presently has a market valuation of $14,587,449,142, whereas Dogecoin’s market valuation is $29,801,238,979. Meanwhile, Shiba Inu’s appeal on Twitter… Continue reading SHIB Rises To 11th On Coingecko, BTC Approaches $80,000, Ripple To Commit $44 Million In Solar

US Bank Introduces Bitcoin Custody Services

As time passes, more and more traditional financial institutions are succumbing to the increasing popularity of the cryptocurrency market. U.S. Bank of Minneapolis, Minnesota, is the latest addition to this list. The vice president of the bank, Gunjan Kedia, has recently told CNBC that the bank has completed all preparations for offering crypto custody services… Continue reading US Bank Introduces Bitcoin Custody Services

Mozilla’s Web Standards Lead Criticizes Cryptocurrency Mining

Tantek Çelik, the chief of the Web-Standards under Mozilla, has voiced hostility toward the mining of cryptocurrency during his discussion about the web standards. Çelic opposes proof-of-work Çelik stated while pointing toward the method by which BTC (as well as various other cryptocurrencies) construct the rewards for the miners in addition to validating the transactions… Continue reading Mozilla’s Web Standards Lead Criticizes Cryptocurrency Mining

El Salvador Uses Volcano Power to Mine Bitcoin

El Salvador, without any doubt, is a country that is full of surprises, no one expected that such a huge transition of making Bitcoin a legal tender would come from El Salvador, but it did. Despite all the negativity and zero votes of confidence, El Salvador managed to pull this feat which is extremely magnificent… Continue reading El Salvador Uses Volcano Power to Mine Bitcoin

Zimbabwe’s Finance Minister Asks Citizens To Begin Investing In BTC

Crypto utilization is mounting across the world; however, Africa has been counted as an area where there is a high adoption rate for cryptocurrency, especially among the native people. Though the countries such as Nigeria were moving in contrast to the crypto utilization, Zimbabwe has unlocked its way for the latest technology for another time.… Continue reading Zimbabwe’s Finance Minister Asks Citizens To Begin Investing In BTC

Iran Lifts Ban on Cryptocurrency Mining 

All over the world, cryptocurrency mining is an energy demanding process. However, about seven percent of the world’s cryptocurrency mining is done in Iran. This mining of cryptocurrency uses a lot of electricity and increases the demand for electricity.  Mining of cryptocurrency in Iran perhaps results from the fact that the country has one of… Continue reading Iran Lifts Ban on Cryptocurrency Mining 

Gold Investors To Start Investing in Digital Gold “Bitcoin”

It is a strange world that we live in, and with the intervention of cryptocurrencies, which are being introduced as a separate discipline in the world of finance, the whole thing is simply overwhelming. Even to this date, most people and states don’t understand the concept of cryptocurrencies or blockchain for that matter, and that… Continue reading Gold Investors To Start Investing in Digital Gold “Bitcoin”

41% Of Texas Voters Endorse Crypto-Friendly Regulation

According to a Newsweek survey, the majority of eligible voters won’t mind crypto-friendly regulations. Redfield And Wilton Research Firm Conducted The Poll Redfield and Wilton’s strategies polled the voters from all states. When asked whether digital assets should be officially recognized, the survey revealed that over 41% of Texan voters stated in the affirmative. The… Continue reading 41% Of Texas Voters Endorse Crypto-Friendly Regulation