Tesla Will No Longer Accept Bitcoin
A couple of months ago, Tesla announced that they will be accepting bitcoin as payment for their electric cars. It sounded like a good idea, especially with Tesla’s CEO Elon Musk seemingly making a push for cryptocurrency to be more mainstream with his stream of tweets over Dogecoin.
Chia Cryptomining Can Wreck An SSD In A Matter Of Weeks
There are various types of cryptocurrency in the market today. Bitcoin is kind of out of reach for a lot of people due to the fact that it is so expensive, and the cost of mining for it might actually not be so worth it, so you can imagine that people are constantly looking for the next best thing. One of those is called Chia, also known as a Burstcoin.
The UK Wants To Launch Its Own Digital Currency
We’re all quite used to the fiat currency that we use for everyday transactions, but there are some who are pushing to change that where in the future, we might be able to use different forms of currency like cryptocurrency that is supposed to be more secure and also in a way, untraceable.
You Can Now Buy A Tesla If You Have Enough Bitcoin
Based on the prices of bitcoin, it seems that the market really believes that bitcoin is a valuable commodity. However, spending your bitcoin, at least directly, isn’t as widely available yet so it’s not as if you’ll be able to walk into your local supermarket and pay for groceries using the cryptocurrency.
Cryptominers Have Bypassed NVIDIA’s Hash Rate Limiter [Update]
Update – It turns out that NVIDIA’s 30 series have not had their hash rate limiters hacked/cracked. The initial report, which came from @I_Leak_VN misinterpreted a cropped image. It was later discovered that this was for an alt-coin Octopus mining ring for Octopus. The readings are correct but because it was used for something else, and not ETH, it should not be understood that NVIDIA’s 30 series’ ETH-specific hash limiters […]
ZOTAC’s GPU Mining Post Just Ticked Off A Lot Of PC Gamers
In order to build a rig powerful enough to mine for cryptocurrency like bitcoin, you would need high-end GPUs. This has proven to be a problem over the years as miners have been snapping up supply of GPUs, much to the annoyance of gamers who simply want to build a gaming rig and play their games.
Apple Pay Now Supports Bitcoin Payments
If you like the concept of cryptocurrency and maybe have some of your own that you wish to spend instead of cash, then you might be interested to learn that Apple Pay will now support bitcoin, although not exactly directly. This is thanks to BitPay which is a digital wallet that can also be used with Apple Pay and the Apple Wallet app.
Analyst Believes That Apple Should Look Into Making Their Own Cryptocurrency
The interest and demand in cryptocurrency continues to remain strong, so much so that according to RBC Capital Markets analyst Mitch Steves, in a note to investors as seen by Coindesk, Steves believes that Apple’s next financial gambit should be to invest and create their own cryptocurrency.
Cryptocurrency Miners Are Now Snapping Up RTX 30 Laptops To Mine For Ethereum
Mining for cryptocurrency is essentially a race. The faster your machine is capable of solving the problems, the faster you get your cryptocurrency. This is why at one point in time, GPUs were suddenly in short supply as many miners started buying the best GPUs they could afford to make their mining rigs as powerful as possible.
Man Offers $68 Million Reward To Help Him Recover Lost Bitcoin Hard Drive
Turn the clock back years ago when bitcoin was still relatively new, people probably didn’t give it much thought or treated it particularly seriously. This is because bitcoin back then wasn’t worth that much, so people were giving it out in large quantities. These days, the value of bitcoin has shot through the roof, so those who held onto their bitcoin back then are sitting on a lot of money.
Man Forgets Password To His Bitcoin Portfolio, Stands To Lose Hundreds Of Millions Of Dollars
Back in the day when bitcoin wasn’t as highly-valued as it is today, people who got in early were paid a lot of it, since back then 1 bitcoin wasn’t worth as much as it is now. This was what programmer Stefan Thomas went through a few years ago, where he was paid 7,002 bitcoin for his services.
Bitcoin Hits A New All-Time High Of $34,000
Will cryptocurrency become a new standard of currency that we can expect in the future? While the jury is still out on that, it seems that cryptocurrency enthusiasts and investors are betting big on it, to the point where bitcoin has surged to record highs where just a few days after the New Year, it was valued at more than $34,000.
A Bitcoin Wallet Containing $964 Million Was Just Emptied Out
Bitcoin has been around for a while now and presumably, there have been people mining for the cryptocurrency from the early days, and also presumably, those people might have amassed quite a collection over the years. In fact, there has been one particular Bitcoin wallet that has been closely watched by cryptocurrency enthusiasts for a while.
PayPal Is Embracing The Use Of Cryptocurrency
PayPal, for the most part, supports using credit cards to make payments. Users can also reload their wallets and store it in PayPal, and link their bank accounts. All those are more or less to be expected and are somewhat traditional forms of payment. However, it seems that PayPal is looking to embrace a future in which cryptocurrency could become the new standard.
A Bunch Of Twitter Accounts Are Being Hacked To Advertise Bitcoin Scams
If you’ve been browsing Twitter and have come across several posts by big brand accounts or high profile users advertising a bitcoin giveaway, you should probably ignore those. This is because there seems to be a spate of Twitter hacks that have been going around where these high profile accounts are being taken over to advertise a bitcoin scam.
Microsoft’s Patent For Cryptocurrency Mining Might Raise Some Eyebrows
When it comes to mining for cryptocurrency, it generally involves the use of computers powered by powerful GPUs which can automate the mining process and run 24/7. However, it seems that Microsoft has invented a new potential way of mining cryptocurrency that could potentially raise some eyebrows due to how it works.
Facebook’s Libra In Trouble As More Companies Withdraw Their Support
Last week, it was reported that Facebook’s Libra cryptocurrency lost one of the companies that initially supported it. This came in the form of PayPal who decided to back out of the cryptocurrency. However, it seems that Libra could be in serious trouble because it looks like more founding companies are withdrawing their support as well.
PayPal Withdraws Their Support For Facebook’s Libra Cryptocurrency
Facebook’s Libra cryptocurrency has yet to be released but it seems that the company is already facing quite a number of issues. Adding onto those issues would be PayPal, who was initially announced as one of the founding supporters of Libra, but have now confirmed that they will be withdrawing their support of it.
Boxing Champ Manny Pacquiao Launches His Own Cryptocurrency
When it comes to currencies, each country has its own. However, with decentralized nature of cryptocurrencies, it seems that just about anyone can launch their own version of it. In fact, boxing legend and champion Manny Pacquiao has recently announced his own cryptocurrency called Pac.
Telegram To Push Ahead With Its Own ‘Gram’ Cryptocurrency
These days more companies are looking to launch their own cryptocurrencies. Facebook announced their own plans earlier this year and now it looks like Telegram wants in as well. This is actually not the first time that Telegram expressed interest in launching their own cryptocurrency.