Argo Blockchain regains Nasdaq compliance as price recovers
Argo received a warning from Nasdaq in December that it would be delisted if its price stayed below the threshold $1 mark as it struggled in the bear market.
Latest BTC News
El Salvador passes controversial digital asset legislation
A bill passed by the El Salvador parliament provides the framework for a BTC-backed bond, “The Volcano Bond,” which President Nayib Bukele hopes will enable the government to raise capital to pay down its sovereign debt.
Peter Zeihan attacked by BTC loons after dropping truth bombs on JRE podcast
Peter Zeihan criticized BTC's fixed supply, noting that this made it uniquely unsuitable for global trade and that its appropriate price was “in the negatives.”
BTC miner Core Scientific to shut down 37,000 mining rigs owned by Celsius Network
Core Scientific has been in dispute with the bankrupt Celsius Network over the mining rigs, with the lender owing $7.8 million to the bankrupt BTC miner since November.
Chinese Communist Party official pleads guilty to aiding BTC miners
Xiao Yi was the CCP Secretary in the City of Fuzhou from ‘18 to ‘21, and during that time, he aided miners through electricity assurance, capital aid, and subsidies.
Regulation required: Brazen multi-million-dollar hack of Luke Dashjr mirrors that suffered by Satoshi
BTC Core developer Luke Dashjr reported the theft of millions of dollars of BTC from a private server he operated. On new year's eve, four transactions moved 216.9 BTC—valued at $3.6 million.
Farewell to 2022… Hello 2023!
2022 witnessed the dashing dreams of BTC loyalists who called for the price to hit $100k, given their infallible plan to get rich by HODLing, while the Defi crowd got their time in the sun.
Smoke & miners: Myth of BTC network ‘decentralization’ exposed
The next 'halving' of the BTC block reward, expected to take place in mid-2024, would further reduce margins and squeeze out smaller miners struggling to make a profit from their existing operations.
Blockware sued by BTC mining client for fraud
London-based Faes & Company claims that Blockware lied about owning hosting facilities and BTC mining machines' uptime and wants $250,000 in damages.
Understanding Bitcoin energy consumption
Proof of Work gives a trustless model for resilience and security, including identifying assets and preventing fraud and risk, protecting critical infrastructure, detecting activities on a network, and more.
BTC hash power centralization
Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.
BTC miner Core Scientific files for bankruptcy
Despite the filing, Core Scientific expects to continue operating normally, won’t liquidate assets and has entered into restructuring support agreement with creditors.