Australian residents can now purchase bitcoin at more than 3,500 national post offices. The new service launched by Bitcoin.com.au is aimed at promoting cryptocurrencies to mainstream audiences, alongside established businesses and organizations. … [Read more...] about Australians can now buy bitcoin at over 3,500 post offices
Bloomberg analyst expects bitcoin price to double to $20k this year
Bloomberg analyst Mike McGlone says that all signs point to Bitcoin going on the major bull run in 2020. … [Read more...] about Bloomberg analyst expects bitcoin price to double to $20k this year
In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research. … [Read more...] about In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility
The Japanese corporate giants SBI Holdings and GMO Internet are set to start mining bitcoin at the new crypto mining facility in Rockdale, Texas, according to Bloomberg sources. … [Read more...] about SBI Holdings and GMO Internet to mine bitcoin at world’s largest crypto mining facility
Bitcoin adoption in Australia
Bitcoin adoption around the world varies immensely. Various factors can contribute to this, from legal regulations, to media coverage, and general consumer awareness. … [Read more...] about Bitcoin adoption in Australia
Chinese miners control 65% of bitcoin network’s processing power
According to CoinShares research, China’s bitcoin miners now control almost two-thirds of the crypto-network’s hashrate, which is a general measure of the processing power of the bitcoin network. … [Read more...] about Chinese miners control 65% of bitcoin network’s processing power
CME to launch bitcoin options in January 2020
The CME Group has announced January 13, 2020 as the date it expects to launch options on BTC futures. … [Read more...] about CME to launch bitcoin options in January 2020
The world is no longer ignoring unpaid crypto tax
It isn’t a secret that the government has a serious grudge against tax defaulters. And their latest target? Crypto holders and investors. In the US, the IRS is already going after people who they believe have defaulted. Their strategies include sending out letters (about 10,000 of them) to crypto investors who they believe have been hiding their earnings through trading virtual … [Read more...] about The world is no longer ignoring unpaid crypto tax