A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation. Farmers to the Rescue A relatively small cryptocurrency mining operation run by Icelandic math teacher Krista Hennesdottir uses a clever solution to stay competitive. Ms. Hennesdottir has realized that farmers have excess geothermal energy which could be used for cryptocurrency mining. In turn, the mining rigs produce a lot of excess power…
Read MoreCategory: Uncategorized
Trezor Now Lets You Convert Bitcoin to Other Cryptos Right From the Device
In a recent upgrade, popular Bitcoin and cryptocurrency hardware wallet TREZOR has enabled its Model T users to exchange directly through their wallet interface, which means users no longer have to send coins from their device for conversion. A Crypto Exchange Inside the Trezor In an attempt to make its flagship hardware wallet TREZOR Model T, the company behind it – Satoshi Labs, has announced a brand new feature which allows users to exchange cryptocurrencies directly through their wallet interface. [You can check out Bitcoinist’s review of the TREZOR Model T…
Read More‘Mastering Ethereum’ – Andreas Antonopoulos’ New Book Set to Ship In Early December
Andreas Antonopoulos recently said on Reddit that his new book, ‘Mastering Ethereum,’ is in final production after completing the copy-edit stage. Pre-orders should begin to be mailed by the end of November, with new orders shipped by December 10th. Andreas Antonopoulos’ new book, “Mastering Ethereum: Building Smart Contracts and Dapps,” is now in final production and should be making its way to buyers around early December, according to a Reddit post from Antonopoulos. Described as a book for developers, ‘Mastering Ethereum offers a “Guide to the operation and use of…
Read MoreBrave: 10,000 Content Creators Can Now Be Tipped In-Browser on Reddit and Twitter
Privacy focussed web browser Brave is introducing a new feature to allow the tipping of individual Reddit and Twitter users. The functionality will be available from directly within the browser window and enable micro-payments using its native BAT token. Brave New World Brave browser has been making waves online with innovative features to enhance online privacy and security. It doesn’t store browsing data, blocks malware and phishing by default, and prevents identification and site-to-site tracking. One key browser feature is its ad-blocker, and the company actively campaigns against use of personal…
Read More$50 Million Bitcoin Mining Farm Opens in Armenia
A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish Landmark Armenian Mining Facility The mining project, spearheaded by Armenian real estate investment company Multi Group Concern and Malta-registered Omnia Tech International Company, was officially launched in the Armenian capital of Yerevan on Thursday. The…
Read MoreVenezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro
Venezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Websites Authorized to Sell Petro The Venezuelan government has authorized six websites it claims are cryptocurrency exchanges to market and sell the petro, the country’s new national currency. Noticiero Digital elaborated: The petro will be available from this Wednesday, October 17,…
Read MoreEmma Integrates Crypto Exchanges into Money Management App
Emma, a London-based startup firm specializing in money management services, has launched cryptocurrency exchange integration for its new app. The platform, which the company describes as a kind of “financial advocate” service, is designed to help millennials gain a better understanding of their finances. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency Storage New ‘Emerging Asset Class’ Emma has integrated several cryptocurrency exchanges into the app, including Coinbase, Bittrex, Binance, Bitstamp, Kraken and Bitfinex. With its latest development, users can view all of their cryptocurrency investments from multiple exchanges…
Read MoreSecurity Giant G4S Offers Protected Offline Cryptocurrency Storage
G4S (LSE: GFS), a security services provider with operations in more than 90 countries, guards everything from cash transfers to nuclear power plants and prisons. The London-headquartered company has now started to offer cryptocurrency protection, according to a recent report. Also Read: Majority of Crypto Assets Are Highly Centralized, Research Finds Secure Vault Storage The company, which has more than 560,000 employees throughout the world, announced on Wednesday that it has developed a new service providing high-security offline cryptocurrency storage, to help to protect assets from criminals and hackers. And…
Read MoreNorwegian Man Stabbed to Death After Conducting Bitcoin for Cash Trade in Person
An unfortunate man in Norway was murdered over what appears to be a Bitcoin trade gone wrong. P2P Gone Wrong? What appears to be a trade gone wrong has resulted in the tragic loss of a life in Oslo, Norway. Local Norwegian media outlet TV 2 reported news of the murder on Monday morning. The grizzly stabbing occurred in the 24-year-old’s apartment in the upmarket Oslo neighborhood of Majorstuen. Authorities believe the crime took place between 7:50 am and 12:10 pm local time after the man was murdered either during…
Read MoreBitMEX: Not Competing with Bitcoin Core?
An article appeared on the BitMEX blog this week comparing competition to the Bitcoin Core software project. It concluded that, even if the Bitcoin Core repository were hijacked or deleted, Bitcoin should remain largely unaffected. Competing Approaches BitMEX initially considered three different ways to compete with the Core project prior to examining at arguments for and against them. The types of competing projects fall into the following categories: Competition between chains: A competing project which deliberately changes the consensus rules to the current implementation. Both soft and hard forks fall into this…
Read More