Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block’s advanced 3 nanometer (3nm) mining ASICs, created by their Proto team, to Core Scientific’s large-scale mining operations. Core Scientific, a leader in Bitcoin mining, is now the first to integrate […]

Company Name: Foundation Devices Founders: Zach Herbert, Ken Carpenter and Jacob Johnston Date Founded: March 2020 Location of Headquarters: Boston, MA and remote (worldwide) Amount of Bitcoin Held in Treasury: Foundation holds bitcoin but didn’t disclose the amount Number of Employees: 24 full-time employees Website: https://foundation.xyz/ Public or Private? Private Zach Herbert wants to make

Earlier this year the Energy Information Administration attempted to conduct a survey of Bitcoin mining energy use under emergency authorization statues, bypassing the traditional process of instituting a survey that required an open period of comment from the public and industry players subject to the survey. This survey attempt was done under very dubious circumstances

Introduction Bitcoin will revolutionize politics, not replace it. Even if hyperbitcoinization were to become a reality with Bitcoin at the center of the monetary system that emerges from the ruins of the current fiat system, the state would remain the dominus of international relations. It would rise from the ruins of its predecessors, like a

On September 4, 2001, Winod Parbhoe was murdered in cold blood. The entrepreneur, who was the founder of the Suriname Palace Casino, an establishment he co-owned with CCA Companies Incorporated (Conserver Corporation of America), was shot two times in the chest and once in the neck in a drive-by shooting, resulting in his death at

Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing the second Bitcoin exchange-traded fund (ETF) on its platform. BREAKING: 🇦🇺 Australia’s largest stock exchange has approved its second spot #Bitcoin ETF. pic.twitter.com/SY5vIGEm4a — Bitcoin Magazine (@BitcoinMagazine) July 9, 2024 On July 9th, the ASX gave the green light to digital asset manager DigitalX

The debate of 2024 has been about scaling bitcoin self-custody versus ossification, with the presupposition that an ossified bitcoin protocol as it is today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would introduce unacceptable risk. This article will discuss why in fact

The German government continued shifting portions of its massive Bitcoin trove to exchanges on Monday, transferring over $56 million worth across multiple transactions. According to blockchain data, addresses linked to the German government moved a total of 500 BTC to Bitstamp and Coinbase (250 BTC each), worth about $27.9 million, at 14:48 UTC+8 today, and transferred

Introduction As it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total of seven briefs were filed on July 3rd, the last day for supporting, or neutral, briefs to

The Bitcoin price plunged this week, sinking below $55,000 for the first time since February as the now-defunct Mt Gox exchange began distributing billions in owed funds. Mt Gox announced it has started repaying creditors, ending years of waiting stemming from its 2014 collapse. The Japan-based exchange will distribute approximately $9 billion worth of Bitcoin,