What Hash Rate ATH Amid Flat Prices Mean For Bitcoin Miners – Bitcoin Magazine

Bitcoin’s total hash rate has hit a new all-time high, according to Coin Metrics data, only weeks after the end of a two-month capitulation period for the industry. Against a more challenging environment, miners are put to the test as to whether they can maintain profitability. Balance sheets are falling under stress as price remains … Read more

ZEBEDEE, Slice Launch Browser Extension To Pay Users Bitcoin – Bitcoin Magazine

ZEBEDEE partners with Slice to pay users in bitcoin for surfing the web. Slice is an advertisement startup company that built an extension which awards points for watching ads. The points can be redeemed for bitcoin through ZEBEDEE’s app. Bitcoin-gaming company ZEBEDEE has partnered with Slice, an advertisement technology startup, to pay users in bitcoin … Read more

What is Bitcoin Mining? The Complete Guide – Bitcoin Magazine

What is bitcoin mining? Bitcoin mining is the pillar that keeps the Bitcoin system upright, functioning, and thriving. It is based on a type of governance mechanism called a distributed proof-of-work (PoW), designed to incentivize participation and facilitate Bitcoin’s network growth, security, and decentralization. ​​Bitcoin issuance is identified as mining because it recalls mining gold … Read more

Central Bank Of Bahrain Tests Bitcoin Payments – Bitcoin Magazine

OpenNode is trialing a scalable bitcoin payments solution with the Central Bank of Bahrain. The central bank has a sandbox application where payments can be tested, specifically designed for fintech solutions. OpenNode intends to showcase Bitcoin’s ability to strengthen the Bahrain economy and show why Bitcoin is synonymous with good business. OpenNode, a Bitcoin and … Read more

Fidelity, Citadel Securities, Charles Schwab Launch Crypto Exchange – Bitcoin Magazine

A group of financial behemoths have partnered to launch a bitcoin and cryptocurrency exchange. Among the participants are Fidelity, Citadel Securities and Charles Schwab. Transactions will be settled on-chain at low-cost. A coalition of financial titans including Charles Schwab, Citadel Securities, and Fidelity Digital Assets have launched a bitcoin and cryptocurrency exchange, per a press … Read more

Russia Eyes Bitcoin For International Trade In 2023 – Bitcoin Magazine

Russia may begin accepting bitcoin and some cryptocurrencies as payment for international trade in 2023, per a report from local media company Izvestia. The announcement of a timeline for the usage of the alternative payment method for cross-border payments comes a week after the Russian Central Bank and Ministry of Finance agreed the move would … Read more

🎊 BuyUcoin EZ is Now Live with 0% TDS Plans

Namaste, We are super excited to announce that Instant Buy/Sell Services are now back on BuyUcoin EZ. We know that many of you have been waiting for these markets to get back to hassle-free crypto investing. Also, we are coming soon with Zero TDS Systematic Crypto Investment Plans along with new and exciting plans for … Read more

The Great Indian EZ Trading Competition

Congratulations all crypto Lovers! WIN big bucks on cryptocurrency trading at BuyUcoin EZ Platform. Gifts worth ₹ 5,00,000 will be distributed amongst the top traders; for simply trading the cryptocurrency on the EZ Platform in INR pairs. Pairs Eligible for The Great Indian EZ Trading Competition: SAND, IPC, KSM, CFG, ATOM, ONE, OM, MANA, WIN, … Read more

Bitcoin Drops As Inflation Falls To 8.3% In August – Bitcoin Magazine

Inflation fell to 8.3%, marking the second consecutive month of falling CPI reports. Every sector witnessed increased MoM inflation, except the energy sector which tilted the report. Bitcoin plunged below the $22,000 support level following the CPI release, along with stocks and gold; the dollar edged higher. Inflation fell to 8.3% from a year-over-year (YoY) … Read more