Tag: Bitcoin

Peter Thiel Calls Warren Buffett Bitcoin ‘Enemy Number One’

admin

Billionaire venture capitalist Peter Thiel said Thursday that US entrepreneur Warren Buffett is “Bitcoin’s number one enemy.” Thiel was speaking at the Bitcoin Conference held in Miami, Florida. According to Thiel, Buffett is on top of the “enemy list” of people trying to stop cryptocurrency. Thiel told a booed Miami crowd that Buffet was “the sociopath grandfather from Omaha,” according to CNBC. “Let’s expose them,” he told the audience. Peter Thiel, co-founder of PayPal and Palantir, has stated several times in the past that he regrets not investing enough in…

Read More

Robinhood starts rolling out a cryptocurrency wallet; This is what it offers

admin

US stock trading app Robinhood is set to launch its digital wallet feature to 2 million users. At the Bitcoin Conference in Miami, Florida on Thursday, Robinhood Chief Product Officer Aparna Chennapragada shared that customers who signed up for the WenWallets queue will be able to send and receive any of the cryptocurrencies currently available on Robinhood. WenWallet is a file crypto wallet It was launched by Robinhood Finance in September 2021. Crypto wallet allows users to store their cryptocurrencies securely. Currently, there are 16 cryptocurrencies available to trade on…

Read More

Bitcoin of America Adds Shiba Inu to Their Bitcoin ATMs

admin

Cryptocurrency Shiba Inu will now be available at all Bitcoin of America (BTM) ATM locations. Bitcoin of America is an ATM distributor where users can liquidate their cryptocurrency into fiat currencies directly. It has more than 1,800 BTMs across 31 states. It is worth noting that Bitcoin of America also offers Litecoin and Ethereum options. This news comes after Dogecoin was recently added in March of this year. It is also registered as a financial services company with the US Treasury. Bitcoin of America recognized the growing popularity of Shiba…

Read More

Program Code Change Will Reduce Bitcoin’s Energy Use by 99.9%: Climate Clusters

admin

Bitcoin mining uses more electricity than all the electricity that Sweden does, according to a report from the University of Cambridge. In a new campaign launched, a group of Bitcoin climate activists want to change their algorithm from Proof-of-Work to proof of stake To reduce climate consumption. The campaign called “Change the code, not the climate” aims to get Bitcoin to change its algorithm, which will significantly reduce the competition for cryptocurrency mining. Ultimately, reducing carbon dioxide emissions from using expensive hardware to mine cryptocurrency. According to a report cited…

Read More

Bitcoin has reached 19 million milestones, with only 2 million left to mine

admin

Of the 21 million Bitcoin traded, 19 million were mined on April 1. Now, there are only 2 million bitcoins left to be mined. This achievement comes nearly 12 years after the first block, consisting of 50 bitcoins, was mined on January 9, 2009. It should be noted that the remaining bitcoins have not yet been mined) until the year 2140. The 19 million block “730002” was mined by SBI Crypto. For starters, Bitcoin is one of the few cryptocurrencies with a limited supply. Bitcoin inventor Satoshi Nakamoto has limited…

Read More

Bitcoin miners want to recast themselves as green

admin

Along a dirt road in the depths of a Texas farm, cryptocurrency firm Argo Blockchain is building a power plant for the internet age: a crypto “mining” site with computers that produce new bitcoins. But unlike other bitcoin mining operations, which consume large amounts of fossil fuels and generate carbon emissions, Argo claims to be trying to do something environmentally responsible. When Argo CEO Peter Wall led a tour of the 126,000-square-foot construction site one morning this month, he pointed to a row of wind turbines a few miles down…

Read More

The latecomer’s guide to cryptocurrency

admin

Until fairly recently, if you lived anywhere other than San Francisco, it was possible to go days or even weeks without hearing about cryptocurrency. Now, suddenly, it’s inescapable. Look one way, and there are Matt Damon and Larry David doing ads for crypto startups. Swivel your head — oh, hey, it’s the mayors of Miami and New York City, arguing over who loves Bitcoin more. Two NBA arenas are now named after crypto companies, and it seems as if every corporate marketing team in America has jumped on the NFT…

Read More