Intel Closes Sale For Its Upcoming Bitcoin Mining Chip

Bitcoin miner GRIID has already signed a purchase agreement with the chipmaker. Market leader in computer chip manufacturing Intel has already secured at least one buyer for its upcoming bitcoin mining chips, according to a registration statement filed last month with the U.S. Securities and Exchange Commission (SEC). The deal was first reported by Fox Business and provides bitcoin miner GRIID with fixed-price bitcoin mining ASIC hardware by Intel for orders placed before May 2023 as the world’s biggest chipmaker tiptoes into the industry. Intel and GRIID agreed on the…

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Discussing Growth Marketing And Retention For Bitcoin Businesses

There is a spectrum of marketing methods required to grow a Bitcoin business, unique to this space. Listen To This Episode: Apple Spotify Google Libsyn In this episode of “The Biz,” April covered a lot ground related to media buying and the spectrum of marketing methods required to grow a Bitcoin business, while Thomas details the importance of monitoring and improving the customer product experience to improve loyalty. Listen to the episode through the links above or read through the unedited transcript below: John Carvalho: Welcome to The Biz with…

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Google Cards To Store Bitcoin And Crypto: Report

The company has reportedly formed partnerships with Coinbase and BitPay to enable the new functionality. Google’s digital cards might soon enable users to hold bitcoin and spend fiat. The company has formed partnerships with Coinbase and BitPay to enable the functionality. It is still unclear when Google would start accepting bitcoin for transactions. Google is tiptoeing into Bitcoin and cryptocurrencies as the company’s payments division struggles to gain significant market share in the payments industry and touts adding custody capabilities of such assets to its digital cards, according to a…

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Congress Shares Witness List For Upcoming Bitcoin Mining Hearing

A diverse set of bitcoin mining insiders and outsiders will testify at the House tomorrow. The list of witnesses invited to testify at tomorrow’s U.S. Congress hearing on the energy usage of bitcoin mining and its consequences has been released, featuring a diverse set of professionals directly and indirectly involved in the industry. The House will hold the hearing on Thursday as its Energy and Commerce Oversight Subcommittee seeks to get a better understanding of Bitcoin’s power consumption and why it is needed after a cohort of national and international…

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Aggregate Bitcoin Price Has Increased By $87 Billion In Last Five Months

The realized market capitalization of bitcoin, or aggregate price paid for every coin on the network, increased by $87 billion since last August. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In recent weeks, much of our analysis has been focused on the consolidation period currently occurring in the bitcoin market, with a particular focus on realized price as an indicator…

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Single-Issue Bitcoin Voters Or A Singular Bitcoin Apolitical Force

A Porter’s respectful partial disagreement with another (unrelated) Porter on the idea of Bitcoin single-issue voters. This article is a respectful part agreement but more disagreement with Dennis Porter’s article, “Why Bitcoin Represents The Ultimate Single-Issue Voting Bloc.” Bitcoin Is Apolitical To start out, Bitcoin is apolitical. However, many people who own Bitcoin do vote in elections, and everyone lives in countries where the government can have an effect on Bitcoin, its ecosystem and its regulation. One definition of apolitical is “having no interest in or association with politics.” A…

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Crowdfunding Is Broken, Here’s How Bitcoin Can Fix It

An important part of being able to create and drive new innovation, crowdfunding is a broken system that bitcoin fixes. Crowdfunding is a powerful mechanism for innovation and supporting social enterprises. Platforms like Kickstarter and Indiegogo have spearheaded the web 2.0 crowdfunding movement, which has led to the creation of several billion-dollar tech startups, like Oculus, and raised millions for thousands for causes. Through these platforms, online communities have been able to join forces and mobilize resources at an unimaginable speed and scale, but only up to a point. Crowdfunding…

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What If Lawyers Had Vetted The Bitcoin White Paper?

The surge in “crypto lawyers” attempting to enter the ecosystem makes one wonder what they would have done to Bitcoin if they had the chance. One of the central reasons for Bitcoin’s success is that lawyers never touched the Bitcoin white paper. Watching now how legal professionals are trying to identify themselves as “crypto lawyers” and to offer legal support to blockchain startups, I came up with a thought: How would these same “services” have changed the original Bitcoin white paper? There are many legends and rumors surrounding Bitcoin’s pseudonymous…

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Milo Launches Bitcoin Mortgage In The U.S.

The fintech announced U.S. and non-U.S. customers alike would soon be able to use bitcoin as collateral to invest in real estate. Real estate fintech Milo will launch the first U.S. bitcoin mortgage offering, enabling customers to leverage their BTC holdings to purchase properties in the country, the company said in a statement Tuesday. Instead of selling bitcoin for a down payment to qualify for a mortgage, Milo now lets Americans and foreigners use their bitcoin stack as collateral for purchasing real estate in the U.S. “Milo’s clients will be…

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Bitcoin Exchange BitMEX To Purchase One of Germany’s Oldest Banks

The trading platform said the acquisition would help it establish a one-stop-shop for regulated Bitcoin products in Europe. Leading cryptocurrency trading platform BitMEX has taken steps to acquire the German bank Bankhaus von der Heydt, the company said Tuesday in a statement sent to Bitcoin Magazine. A purchase agreement has already been signed but is still awaiting the green light of German regulators. “BitMEX Group is pursuing the ambitious goal of establishing a one-stop-shop for regulated crypto products in Germany, Austria, and Switzerland, and thus becoming a strong player in…

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