The Human Rights Foundation has announced its latest round of Bitcoin grants, totaling 4.25 BTC gifted to developers, educators, and activists dedicated to improving the Bitcoin ecosystem around the world. The 425 million satoshis will be given to 10 different recipients, each working on a different aspect of Bitcoin, including Lightning, Bitcoin Core, education, translation, and wallet development. A special…
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Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days – Bitcoin News
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees Significant Demand in Less Than 20 Days At the end of November 2021, Adidas revealed it…
Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew
Institutional cryptocurrency funds attracted record inflows in 2021, as demand for digital assets such as Bitcoin (BTC) and Ether (ETH) continued to grow during a volatile and often unpredictable bull market. Crypto investment products registered $9.3 billion in inflows during the year, up from $6.8 billion in 2020, according to the latest CoinShares data, which was released on Tuesday. Bitcoin…
Game Industry Will Rapidly Adopt NFTs Despite Backlash: Sandbox COO
In brief The Sandbox COO Sebastien Borget spoke with Decrypt about the rise of NFT-powered crypto games. He also discussed Facebook’s metaverse plans and the potential “risk” of not offering an open, interoperable alternative. Gaming has quickly become a significant sector of the maturing NFT industry. Play-to-earn Ethereum game Axie Infinity has generated $3.8 billion worth of trading volume to…
El Salvador Send Bills Congress Legal Certainty Bitcoin Bond Issuance
In an interview on a local television station today, El Salvador Finance Minister Alejandro Zelaya announced that they will be sending about twenty bills to congress that will provide legal certainty for their Bitcoin Bond issuance, according to Reuters. These twenty bills will “provide a legal structure and legal certainty to everyone who buys the bitcoin bond,” Zelaya stated. After…
Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan
Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country. The Nasdaq-listed company announced Tuesday that it had deployed 10,300 AvalonMiner units in Kazakhstan as of Dec. 31, 2021, finalizing phase one of its deployment in the central Asian country. Canaan is partnering with…
Netgear’s Digital Art Frames Will Support NFTs, Owners Can Connect Metamask to Meural Platform – Bitcoin News
At the Consumer Electronics Show (CES) in Las Vegas, multinational computer networking company Netgear, based in San Jose, California, showcased the company’s Meural digital art frames. According to an announcement, Netgear has added non-fungible token (NFT) tech support, and the Metamask Web3 wallet will be able to sync with the product. Netgear Adds NFT Support to Meural’s Digital Art Platform…
3 reasons why Ethereum can reach $5,000 in Q1
Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new record high in the next few months, as several widely-tracked technical, macroeconomic, and on-chain indicators suggest. One of these indicators envisions Ether’s price reaching $5,000…
Kosovar government halts crypto mining amid power crisis
The government of Kosovo has ceased crypto mining in the country owing to power constraints during the winter season. Kosovo’s minister of Economy, Artane Rizvanolli, has decided to stop crypto mining following a recommendation from the Technical Committee on “Emergency Measures for Energy Supply,” according to a report by local outlet Gazeta Express. The report notes that the government made the…
Home Bitcoin Mining Tips From An Expert
This piece is part of a series that interviews Bitcoin miners about their experiences setting up and scaling mining operations as well as their view on the direction of the mining world. If you are mining Bitcoin and want to share your knowledge and story — the ups, downs and innovations‚ reach out to me on Twitter @CaptainSiddH. For this…