BITCOIN
What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.
What is Compass Mining?
Compass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, enabling individuals and institutions to participate in Bitcoin mining without the complexity of managing hardware.
Core Scientific to Host CoreWeave's AI and HPC Workloads in $100M+ Deal
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million.
Binance Launches Reward Campaign for Bitcoin Halving
Binance announces a 13,000 FDUSD reward pool to incentivize Bitcoin purchases via its "Buy Crypto" feature, aligning with the Bitcoin Halving event.
MicroStrategy Announces $600 Million Convertible Senior Notes Offering to Buy More Bitcoin
MicroStrategy, the business intelligence firm led by Michael Saylor, has announced plans to offer $600 million in convertible senior notes to qualified institutional buyers, with the primary goal of using the proceeds to acquire more Bitcoin for its treasury reserves.
Mox Bank to Launch Crypto Investment Services
Hong Kong-based virtual bank Mox Bank has recently announced plans to introduce cryptocurrency investment services in the second half of 2024, providing customers with access to popular digital assets such as Bitcoin and Ethereum.
Ankr Introduces Bitcoin RPC Endpoints
Ankr has launched Bitcoin RPC endpoints, enabling developers to easily interact with the Bitcoin network and build applications without the need for complex node operations.
Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues
Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.
Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years
A dormant Bitcoin whale has transferred 1,000 BTC to Coinbase after 14 years, a move that may have influenced the recent dip in the cryptocurrency market.
Bitdeer Reports Mining of 1,299 Bitcoins in Q4 2023
Bitdeer showcases robust Q4 financials with soaring revenues and mining efficiency, reinforcing its status as a leading blockchain tech company.
Bitcoin Sees Record Inflows into Accumulation Addresses Despite Overheating Signals
Bitcoin has seen record inflows into accumulation addresses indicating strong demand, however on-chain analysts warn the rapid price rise has led to an overheated bull market with risks of selling by miners and traders.