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Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips
Japan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe.
Full article here: https://news.bitcoin.com/japans-internet-giant-gmo-launching-bitcoin-mining-with-7nm-chips/
Related topics : bitcoin mining companies / bitcoin mining
Banker: ‘I am Scared for the Banking Industry…Bitcoin could Knock Banks out of the Game’
Bankers and industry leaders in the Texas panhandle have recently been discussing what to do about blockchain technology and bitcoin. They are curious how they can get banks involved in leveraging cryptocurrencies, because they do not want to be left in the dust. However, some of them are also scared for the banking industry. In their eyes, bitcoin has the power to undermine the banking system and reshape the financial landscape.
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Related topics : bitcoin banking system / bitcoin bank
Vanuatu Becomes First Nation to Accept Bitcoin in Exchange for Citizenship
The South Pacific island nation of Vanuatu has become host to the world’s first government to accept bitcoin in exchange for citizenship. Vanuatu’s citizenship program costs $200,000 USD, meaning that at current prices the residency program costs less than 41.5 bitcoins.
Read full article on: https://news.bitcoin.com/vanuatu-becomes-first-nation-to-accept-bitcoin-as-citizenship-payment/
Related topics : accept bitcoin payments / bitcoin exchange cost / accept bitcoin
Extreme Cold Storage: A Fortress of Solitude for Bitcoins
Many bitcoin investors use hardware devices, paper wallets, and multi-signature solutions to keep their wealth safe from online threats such as hackers and malicious viruses. However, there are more extreme cold storage options for those who have lots of bitcoins, like $100,000 worth of BTC or more. One such process, a method called the Glacier Protocol, provides a step-by-step high-security convention for bitcoin cold storage.
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Related topics : bitcoin hardware wallet
Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge
Japanese female idols have teamed up to form the ‘Virtual Currency Girls’ group to promote the knowledge of cryptocurrencies through entertainment. Each of its 8 members represents a cryptocurrency: bitcoin cash, bitcoin, ether, neo, nem, ripple, mona, and cardano. Read full article: https://news.bitcoin.com/japanese-virtual-currency-girls-spreading-cryptocurrency-knowledge/
Related topics : virtual currency bitcoin / bitcoin cash news
Burger King Russia Franchise Plans to Accept Bitcoin Payments This Summer
According to the regional news outlet, Uznay Vse, a Russian Burger King located in Moscow has begun testing bitcoin payments for food and drink purchases. The option to use the decentralized currency at Burger King Russia locations is expected to be rolled out across a few more restaurants in the country by the end of the summer.
Read full story on: https://news.bitcoin.com/burger-king-russia-accept-bitcoin-payments-summer/
Related topics : accept bitcoin payments / bitcoin payment
Google Says Russia’s Interest in Bitcoin up 220%, Mining 560%, Ethereum 760%
Google has analyzed cryptocurrency-related search queries of Russian residents for the first half of this year. Searches for bitcoin, ethereum, cryptocurrency, as well as cryptocurrency mining, have all increased substantially. Google has also pinpointed the regions in Russia with the most search growth.
Read full article: https://news.bitcoin.com/google-says-russias-interest-in-bitcoin-up-220-mining-560-ethereum-760/
Related topics : all about bitcoin mining