PRESIDENT BUKELE BEGINS 100% RENEWABLE VOLCANO BITCOIN MINING IN EL SALVADOR

  On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano. The original video, which Bukele shared Tuesday afternoon on Twitter, has already received nearly 2 million views. It shows a government-branded shipping container arriving at the geothermal … Read more

BITCOIN VS. DIGITAL FOOL’S GOLD

  “Fool’s gold” is a common nickname for pyrite. It got this nickname because it’s practically worthless, but it has a look that deceives people into believing it’s real gold. With a little practice, there are many easy tests anyone can use to quickly tell the difference between pyrite and gold. The nickname “fool’s gold” … Read more

MULTISIG SETUP SAVES BITCOIN STACK FROM HOME BURGLARY

  Bitcoin user Callum McArthur’s house was broken into last month, and the burglars stole his hardware wallet and recovery words which stored his bitcoin stack. However, even though the criminals managed to get away with McArthur’s devices, they didn’t know that the keys they took were part of a multisig setup. As a result, … Read more

SPORTSBET.IO DONATES 2 BITCOIN TO ENGLISH FOOTBALL CLUB SOUTHAMPTON

  Betting platform Sportsbet.io donated 2 bitcoin to Premier League football club Southampton. The donation set up a new fund that seeks to “support the causes that matter most to [Southampton’s] fans,” the company said in a statement. But the club can also decide to retain, or HODL, a portion of the donation to capitalize … Read more

BITCOIN HITS A NEW ALL TIME HIGH AGAINST THE EURO

 Bitcoin typically tends to perform very well in Q4, and so far this year it has been sticking to that trend. On October 1, the price of BTC was around €41,000. Since then, it has done nothing but rocket upwards with more highs expected to be seen in what many Bitcoiners are calling “Uptober.” Bitcoin … Read more

US GOVERNMENT TO AUCTION 4.94 BITCOIN WORTH OVER $300,000

  The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days. The auction will be held by GSA Auctions, the federal government’s online clearinghouse for surplus, U.S.-owned assets and equipment it wishes to sell. The 4.94 BTC will be auctioned in five different lots of 1.5, 1.25, 1, 0.75, and … Read more