A bill that would create new licensing and electricity purchase requirements has been sent on to a third vote. Kazakhstan is moving forward with regulation that will further stifle its bitcoin mining industry. The country’s federal parliamentary body has completed secondary approval of a bill “On Digital Assets in the
Category: BITCOIN MAGAZINE
These Six Charts Show How Bitcoin Mining Is Enduring The Bear Market
Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today. Bitcoin mining companies continue struggling to survive the ongoing bear market. Dreams of outperforming bitcoin as a public mining company are long gone. Bankruptcies and lawsuits make routine
Nigeria Pushes CBDC Usage With New ATM Cash Withdrawal Limits
The Nigerian government has imposed new restrictions on ATM withdrawals in an effort to increase usage of the eNaira. The Nigerian government has placed new restrictions and limits on the amount of cash citizens are able to withdraw from ATMs. The decision is seemingly an attempt to further push the
Navigating The Different CoinJoin Implementations
How does one cut through the noise and confusion to find the optimal way to utilize CoinJoins and obscure their bitcoin transactions? This is an opinion editorial by Thibaud Maréchal, a contributor to privacy-focused Bitcoin wallet project Wasabi Wallet. “Divide and conquer” is a battle-tested military strategy to fracture a
Despite Strong On-Chain Metrics, Macro Headwinds Remain
Bitcoin has seen major capitulation from all-time highs and on-chain indicators suggest the worst may be behind us, but significant macro challenges remain. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights
Bitcoin Is A Humanistic Alternative To Technological Salvation
Bitcoin will shape the future of humanity in the wake of the 2008 financial crisis and the COVID-19 pandemic. This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development. The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity,
Adopting Bitcoin: El Salvador Has Work To Do, But The Experiment Is Worth Celebrating
Visiting El Salvador for the Adopting Bitcoin conference showed that the country’s experiment needs more time, but is worth celebrating. This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle
Paraguay Legislature Fails To Pass Bill Regulating Bitcoin Mining
The country did not pass a bill that would have clarified rules regarding the cost of electricity imposed on bitcoin miners. The Paraguay legislature did not pass a bill that would have regulated cryptocurrency mining in the country.The bill, originally passed in July of 2022, was subsequently vetoed by President
Ledger Announces New Ledger Stax Wallet
The company unveiled a new stylish hardware wallet designed by a former Apple engineer at a Paris event today. Bitcoin and cryptocurrency hardware wallet manufacturer Ledger has announced a new wallet designed by former Apple engineer Tony Fadell, named Ledger Stax. The wallet utilizes E ink technology on a small,
Deglobalization And The End Of Trust-Based Money Set The Stage For National Bitcoin Adoption
Breakdowns in global trade and credit call for money that doesn’t depend on trust. Bitcoin is the modern answer for international economics. This is an opinion editorial by Ansel Lindner, a bitcoin and financial markets researcher and the host of the “Bitcoin & Markets” and “Fed Watch” podcasts. Two forces
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