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Since the #btc halving @GrayscaleInvest have bought up over 33% of the new supply created by mining #bulish 🐂 #bitcoin #cryptocurrency #blockchain #crypto #forex #xrp #money #ethereum #bitcoinmining #trading #investment #forextrader #business #bitcoinnews #trader #binaryoptions

Since the #btc halving @GrayscaleInvest have bought up over 33% of the new supply created by mining #bulish 🐂

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Pullback in yesterday’s session after the huge gains on Thursday. What will happen to Bitcoi…

VoskCoins SCAM ALERT | New GPU & CPU for Mining? | Bitcoin Network Hashrate

VoskCoins SCAM ALERT | New GPU & CPU for Mining? | Bitcoin Network Hashrate

There’s a FAKE voskcoins site impersonating VoskCoin offering cloud mining, new GPU’s and CPU’s for mining, Coinbase update, Bitcoin network hashrate update and more crypto news!
Subscribe to VoskCoin –
To the moon they say, fingers crossed that Bitcoin and cryptocurrencies bring us to the moon again eventually! There are new Nvidia GPUs releasing soon that could increase mining hashrates by 40%, and AMD is looking to refresh their CPU line-up to compete with the new Intel CPUs that are coming out soon. Bitcoin network hashrate is reviewed, and it has not halved, despite the Bitcoin halving taking place! Coinbase purchases Tagomi and now increases the large list of acquisitions they have. Roger Ver also makes an offer for buying which is basically THE original Bitcoin website. Dapper Labs the creators of Crypto Kitties is looking to launch their own Flow blockchain and launch NBA Top Shots a NFT trading card game on it!
& just to be very very clear, and are TOTAL SCAMs, they are not ours, we are not affiliated with them, they are impersonating us and ripping people off posing as a BS cloud mining platform.
All relevant information and links on YouTube in the video description, because of Bitcointalk rules.

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Kazakhstan to Promote Cryptocurrency Mining Institutionalization Bill

Kazakhstan to Promote Cryptocurrency Mining Institutionalization Bill
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$1 billion burnt by Bitcoin network every year for proof-of-work! – Ambcrypto

$1 billion burnt by Bitcoin network every year for proof-of-work! – Ambcrypto

“Bitcoin is an environmental disaster”
“Bitcoin is killing the planet”
“Bitcoin will soon bring the internet to a halt”
These are just some of the anti-Bitcoin headlines that have done the rounds of the Internet and news media over the past few years. And while many cryptocurrency proponents would just love to critique each of these, there is a kernel of truth to each of these dramatic headlines.
The fact of the matter is that despite the halving pushing many older, inefficient miners to bow out of the crypto-market, the mining industry continues to expend significant amounts of computational power, contributing to huge upticks in its energy consumption scales. In fact, some reports would suggest that as of press time, Bitcoin's energy consumption is equal to that of Israel.
However, contrary to what people would expect, a ten-million-fold increase in energy consumption and a ten-billion-fold increase in hashing activity since 2010 hasn't been joined by a corresponding increase in mining costs relative to the volume of transactions. At least, that's what a recent paper titled “The cost of Bitcoin mining has never really increased” argued.
The paper in question “estimated the lower bound for the global energy cost for a period of ten years from 2010, taking into account changing oil costs, improvements in hashing technologies and hashing activity,” before coming to the conclusion that contrary to popular expectations, “the cost relative to the volume of transactions has not increased nor decreased since 2010.”
This is a crucial finding since, as the study highlights, proof of work is a very expensive process, a necessary evil that needs to amount to a significant fraction of the value that can be transferred on the blockchain to prevent against double-spending attacks. How expensive? Well, the paper stipulates that at least $1 billion is burnt by the Bitcoin network every year for proof of work. However, while that number is big, it should be much more. Or so the authors of the paper argue.
According to their research, the cost of proof of work is not at all high, and not even remotely close to how high it should be to guard against double-spend attacks. However, as pessimistic as that sounds, it also highlighted the fact that over and above proof of work, there are other infrastructure-associated barriers to such attacks, namely mining hardware and facilities costs.
Even if let's assume those are overcome, think of it rationally. As soon as such an attack is detected, it is likely that Bitcoin's value will collapse. Why would an attacker risk not recovering his investments in mining hardware?
Proof of work, thus, isn't the only barrier to such attacks. There are others. Alas, this shouldn't discount the fact that PoW is costing just 0.5% of the transaction volume over the Bitcoin network, a very low fraction.
Coming back to the energy consumption aspect of Bitcoin mining, it should be noted that most of the coverage online regarding the cryptocurrency is sourced from Digiconomist, an independent portal. However, there remain grounds for skepticism with regard to the validity of the portal's data.
For example, Digiconomist has been accused of making up sources. Just check out its comparison of Bitcoin's energy consumption to independent nation-states around the world. While the source of the graph says, when clicking on it, it instead re-routes to Digiconomist's website again.

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Play Keno with BCH Online Casino. Play with Crypto, No Registration wanted

Play Keno with BCH Online Casino. Play with Crypto, No Registration wanted

Onno Geef een reactie
This easy number drawing game may be performed stay or online – and is now available to play at Bitcoin casinos too. Online gaming can be carried out wherever the participant chooses that has a safe web connection like a cyber café or using the internet at house. You don’t need bitcoin keno to go very far any extra to play the games you’re keen on and also you don’t should withdraw cash from the bank to play either. When your game is completed, you can money in your winnings, strive your luck once more or leave the game for a later date.
Just like you, the casino which hosts Bitcoin keno sport also has a blockchain pockets/handle. To put it differently, money transfers will occur between these addresses — banks gained’t become involved. To play with bitcoin keno, to start with, you need BTC. By utilizing a market site, you can purchase Bitcoin with, for example, USD.
Deposit BTC to your casino account by using the on line casino’s blockchain pockets address. (you might even see this handle on the payment options on your accounts page.) Once the method is completed, you need to start playing the game. As talked about previously, there’s no distinction regarding rules and phrases of profitable. Play identical to you always play — you’ll merely be using BTC as your foreign money this time. When you earn a trophy, you possibly can withdraw it to your blockchain pockets.
You can discover it in the majority of the Bitcoin casinos. Deposit BTC right into a on line casino account by utilizing the on line casino’s blockchain pockets speech. (you could observe this handle at the payment choices in your personal account web page.) When the procedure is full, you can begin having fun with the sport. Game
Simply enroll after which hyperlink a credit card, debit card or checking account. You will doubtless have to go through a fast verification course of as properly. Once these steps are full it is time to buy your Bitcoin. While there could possibly be a few online casinos that are dodgy, this actually isn’t the case for almost all of on-line casinos on the market. Keno is one of the oldest on-line on line casino video games and has been well-liked for the reason that late ninety’s and the rise of online gambling. Bitcoin Video Poker Strategies
By employing an change web site, you should purchase Bitcoin with, by means of occasion, USD. Read this for our guide.After you own BTC, you’ll have a customized”pockets” on the blockchain. Your wallet is going for use to save lots of blockchain addresses and you will use these to ship and withdraw money. Just like you, the on line casino that hosts Bitcoin keno game additionally has a blockchain wallet/tackle. To put it in another way, cash transfers will occur between these addresses — banks will not get involved. Why Play Keno with Bitcoin
The second category of Bitcoin Keno games entails provably honest expertise. These video games are easier than those found at licensed casinos – when it comes to each graphics and sport-play. Keno has been entertaining playing followers for generations.
Deposit BTC right into a casino account by utilizing the casino blockchain wallet speech. (You can see this handle at the payment choices on your own accounts web page.) When the process is full, you can start having fun with the game. As talked about beforehand, there is no difference by way of principles and circumstances of profitable. Play identical to you all the time play — you’ll simply be using BTC as your money this moment. When you earn a prize, you can draw it to a blockchain pockets.
As stated previously, there is not any distinction regarding rules and circumstances of successful. Play as if you at all times play — you’ll simply be using BTC as your cash this time. When you make a prize, you can withdraw it to a blockchain wallet. Playing at on-line casinos is usually a bore and troublesome at occasions when you need to pay with fiat currencies. Worry not, you possibly can nonetheless play your favorite casino games and in probably the most handy method potential.
Bet with Bitcoin now to get pleasure from advantages like no different. Other than that, deposits and withdrawals will cost you minimal to no charges and nearly instantly. Also, expect to win huge prizes whenever you play Bitcoin on line casino video games. Bitcoin keno is simply one of the many games you can play at Bitcoin gambling websites.
Playing Bitcoin keno entails a fun mix of sheer luck and wits. See if Lady Luck is on your side by playing a spherical right now. Sign up on top Bitcoin casinos online and begin your game with a bonus boost. As talked about beforehand, there’s no difference regarding principles and phrases of successful. (you may see this address at the payment choices on your accounts page.) Once the process is done, you should start playing the sport. Deposit BTC right into a casino account through the use of the casino blockchain pockets speech. When you earn a trophy, you possibly can withdraw it to your blockchain wallet. Deposit BTC to your casino account by utilizing the on line casino’s blockchain pockets handle. Play identical to you at all times play — you’ll simply be using BTC as your forex this time. Keno Overview
The provably truthful attribute is usually used via a widget and lets you play keno video games which might be genuinely fair. The prize sum relies upon the number of numbers you work accurately and likewise the game’s paytable. In other phrases, every Bitcoin keno sport has a special payout — because of this, we propose that you just examine the paytable before you begin playing.
Most of the Bitcoin keno video games help the provably cheap feature. This characteristic allows you to confirm the drawing is actually random or not.
The different primary profit is that there aren’t any charges for payments or withdrawals in Bitcoin. For US gamers specifically, these charges may be giant for bank card transfers – as much as 5% in some cases. With no charges to pay you’ll find the games at BTC casinos are able to be supplied with more favourable terms for the gamers. Many casinos cross on these financial savings within the type of beneficiant reload bonuses too.
In different words, every Bitcoin keno sport has a different payout — due to this, we advise that you simply verify the paytable before you begin taking part in. In video games with a progressive jackpot pool, the ornament amount can reach tens of thousands of BTC. In any event, you set bets with BTC and get compensated with BTC.
As acknowledged beforehand, there’s absolutely no distinction by way of guidelines and circumstances of winning. Play such as you constantly play — you may merely be utilizing BTC as your currency arcblock ico review this moment. When you make a trophy, you’ll be able to withdraw it to a blockchain pockets. Players love this recreation because it is so simple to play and in addition as a result of keno attracts are very frequent.
This is often true of government-run keno lottery video games. This web page takes you through all you should know to get pleasure from Bitcoin Keno. Finally, you’ll see extra info on some great benefits of enjoying in digital foreign money, quite than euros, dollars and different fiat currencies. Playing Keno with Bitcoin doesn’t differ a lot from taking part in with other currencies. Most online casinos allow you to join your profile together with your checking account.
Typically, those that play keno in casinos can count on a brand new draw each 5 minutes. Those who play at Bitcoin keno sites can count on to see much more draws per hour because the motion is virtually non-cease. The game’s widespread reputation and frequency of draws can be excellent news for the house as keno normally has a reasonably high home edge.
This makes it possible so that you can use your cryptocurrency to play Bitcoin Keno. And then even convert your winnings into dollars, kilos, euros or different forms of cash if you wish. By using a market web site, you can purchase Bitcoin with, for example, USD. Read for our guide.After you could have BTC, you will have a custom”wallet” on the blockchain. Your wallet will be utilised to save lots of blockchain addresses and you’ll use these to ship and draw cash.
You will discover it at the majority of the Bitcoin casinos. Deposit BTC to your casino account by using the on line casino blockchain wallet address. (you could observe this tackle in the cost options in your accounts page.) When the method is finished, you can start enjoying the sport.
Read here for our information.After you own BTC, you will have a behavior”wallet” concerning the blockchain. Your wallet might be employed to save lots of blockchain addresses and you’ll use these to ship and draw cash. Just like you, the casino which hosts Bitcoin keno game additionally features a blockchain wallet/tackle.
To put it in a different way, money transfers will occur between these addresses — banks received’t become involved. Getting right into a Bitcoin keno draw is a quick and painless process. The very first thing that you have to do is guarantee you have sufficient Bitcoin in your account to begin enjoying on-line Keno. If you don’t have a Bitcoin pockets, you possibly can create one at a reputed online cryptocurrency exchange like Coinbase, Kraken, or Coinmama. Recommended Places to Play Bitcoin Keno
Cryptocurrency and Bitcoin Keno promises to deliver a number of recent players working with Keno playing cards in hand. If you like the fun of playing the lottery, then Keno is a game that’s right up your alley. In very fundamental terms, taking part in a sport of Keno is like inserting a lottery bet, simply on your terms everytime you’re ready to play. In today’s ever-increasing online casino games market, you can even play on-line in a Bitcoin Keno casino. The prize sum depends upon the variety of numbers you think about correctly and the match’s paytable.
Bear in thoughts that some Bitcoin keno variants have fewer than 80 quantities and/or let you choose less than 20 figures. To play bitcoin keno, firstly bitcoin keno , you want BTC. By employing a market web site, you can buy Bitcoin with, by the use of example, USD.
Whatever the case, Bitcoin are a true revolution for today’s trendy world. Keno discovered popularity in the United States proper along with the expansion of on-line gambling in the late Nineteen Nineties. While U.S. recreation gamers became acquainted with Keno video games in the 90s. The sport grew its roots in historic China and traveled to the U.S. in the nineteenth century. It was only a matter of time earlier than Keno mades its approach to casinos earlier than breaking out all over the world on-line. Bitcoin Keno
Read right here for our information.After you have BTC, you’ll have a habit”pockets” on the blockchain. Your wallet is going to be used to avoid wasting blockchain addresses and you will use these to send and withdraw money. In other words, money transfers will happen between these addresses — banks is not going to get entangled. Note, although, that you can still defy your odds once in a while by betting on max spots. Berichtnavigatie

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A Beginner's Guide To Setting Up A DASH Staking Rig

A Beginner’s Guide To Setting Up A DASH Staking Rig

Have you ever dreamed of having a money printing machine that cranks out money in your home? Maybe your bedroom or basement dwelling area you have a machine that spits out currency 24/7. I certainly do not mean anything illegal and I am not talking about counterfeiting fiat paper currency. Let me provide some background to this discovered hack with a story followed by how this system blueprint works. Background DASH – a Bitcoin Fork Once upon a time Bitcoin forked a development of a coin we currently call DASH. A great privacy coin but a feature opposed to PoW proof of work mining like its father Bitcoin. Basically speaking PoS proof of stake mints coins utilizing algorithms without the burden of heavy processing power. PoS gave birth to a new way of minting coins without having to invest large amounts of money to keep up with GPU and computer processors. An important lineage was eventually born on the PoS cryptosphere namely DASH. Eventually another forked coin was born out of DASH called PIVX (private instant verified transaction) with a remarkable technological crypto also featuring increased privacy, low transaction fees and fast transfer speeds. The Birth of PoS Masternode Cryptocurrencies We now have many altcoins in the crypto landscape which mainly stems from these earlier grandparent cryptocurrencies DASH and PIVX. From the time I write this, we are over 300 PoS altcoins currently which can be monitored at among other Masternode monitoring websites. DASH is deserving of the mass dominance equating to well over 50% of all the PoS masternode staking cryptocurrencies because they are the first. From the list of Masternode PoS cryptocurrencies is where we primarily select our cryptos for our digital money printing machine. The current community of Masternode stakers represents a smaller segment of the crypto community online but steadily growing because of the ease in which we can setup and earn cryptocurrencies with a lower barrier to entry. Choosing Your Cryptocurrencies for Staking I do not want to shill for any such specific coin so I will be as unbiased and transparent as I can. I merely want to provide a high level blueprint of how the system works. In my personal opinion I would choose at least two cryptocurrencies for your digital money printing machine. The current cryptocurrencies I have chosen to stake personally are ColossusXT and DogeCash for various reasons meant for another article although you have a countless selection of other fine PoS cryptocurrencies to choose from. One crypto should be deflationary thus having a limited supply example similar to Bitcoin which will mine a finite limit no more than 21 million BTC Bitcoins. The reason why I believe in selecting one deflationary cryptocurrency is to offset the vary inflationary monetary climate that we currently live in today. Massive money printing at a high rate by central banks is the root cause to inflated prices of goods and services. Inflation plays into our hands because it partially benefits the valuations of deflationary currencies with a limited supply. The other cryptocurrency can be that of something revolutionary in the cryptosphere. There are currently many of these projects in the pipe up and coming and you have a vast choice to choose from. The coins you select should also have an active and supportive community alongside a solid development team so you can stay posted on updates, current news and answering of important questions. Prepare to stay engaged with Discord being a standard community communication platform paired with Telegram. Both platforms appear to be the standard norm of communication at the time of writing this article. Setting Up Your Wallets to Store your Coins From the homepage of your desired coins you will find both exchanges to purchase your cryptocurrencies and a download section for your crypto wallets. I advise you setup your wallets on a Raspberry Pi. In most cases, you will require a standard 2 gigabytes of RAM memory on a single core processor. There are many vendors online for purchasing your Raspberry Pi computers at a very low cost. You will host one cryptocurrency per Raspberry Pi computer. I prefer to use the Pi because you can run your crypto wallet on a Linux operating system which happens to be superior to Windows OS for security alongside the Pi energy efficiency which is far better than that of a PC or laptop. Hosting Your Masternodes – Where and Why? The mechanism to minting cryptocurrency with a PoS proof of work model is algorithmic as apposed to processing power. We are deviating away from the Bitcoin PoW minting model for cost efficiency and ease. Do you have the money in running a profitable PoW cryptocurrency mining rig? I certainly do not so you may find PoS mining to be a more viable option. You can either host your Masternode for staking on a home computer, rent a VPS (virtual private server) or utilize a service online specializing in running Masternodes. I have chosen the ladder of utilizing a Masternode hosting service because running a Masternode on a home device gives away your IP address as I assume privacy may be a concern. Also you ideally want the hosting server to have a dedicated computer with 24/7 consistent access to the Internet with high bandwidth. Renting a server such as a VPS or Masternode hosting service is currently the best options. If you are curious I use Pecunia Platform (incl. my referral link). Masternode Architecture – Security You may be wondering about security of your cryptocurrency staking system. Are your digital coins safe? Can they be stolen or hacked? Running a Masternode requires two distinct wallets. One wallet runs the algorithm that stakes your minted coins, the other wallet is where you store your required locked crypto balances which also receives your staked quantities. As you can imagine this is precisely where you host your home crypto wallet residing on your Raspberry Pi computer. Your coins will remain safe and secure on your home device. Even if the Masternode hosting service or rented VPS wallet goes down your digital coins remain safe and secure on your home digital wallet at all times. You also must practice the following strict rules. Do not ever grant your wallet private keys or grant virtual access to your home digital wallets for any reason. Do not use your home digital wallet computers for surfing or browsing the Internet. The wallet must be dedicated and strictly used as your “digital money printing machine”. Make frequent backups of your digital wallets and store the wallet file safely in secure places ie. USB thumb drives or disk always offline. Don’t invite strangers over to your home and show them your digital wallets and provide tutorials on how to withdraw the coins… 🙂 sorry I had to add that for self humor. Running your home digital wallets have two primary functions: Used as a receiving wallet for your newly staked Masternode coins. Secondary staking from your earned staking balance. There are typically two distinct levels of earning coins with PoS cryptocurrencies, Masternode and staking. Mastenodes require a designated balance which must be locked and sustained. You earn the highest minted quantities as a Masternode because your coins are locked thus being rewarded the most. Having a smaller balance also earns minted coins at a lower rate for general staking. To take advantage of maximum earnings you should utilize a Masternode and continue to stake your incoming coin balance. You must keep your home wallets committed and connected to the Internet 24/7 to maximize the number of coins you receive. The ideal earning model is to stake your digital coins until you hit Masternode level quantities and continue building more nodes to multiply earnings. What to do with all these staked coins? Personally I advise staking until you observe a profitable period in the market to swap or sell over to BTC. Once you feel your coins are profitable enough to spend you can sell them on an exchange for Bitcoin and spend. I would not even consider doing this until we hit another strong bull market so stake and earn away passively. The longer we wait until the next crypto bull market the more digital coins we will have to sell. IMHO, if the crypto projects you are committed to continue to advance and evolve why even sell? We are headed towards a singularity in blockchain technology which I will touch upon near the end of this article. Advice and Tips There have been many scam coins in the past where the team has managed to swindle investors out their hard earned money including BTC and disappear to simply dump all their project coins on an exchange and take off. I am sure these scams will continue now and into the future. It is very important that when you commit to a chosen cryptocurrency to invest that you do your research and ask many questions. A pragmatic approach would be to join the community boards on both their Discord and Telegram. If you observe many thousands of Telegram followers run for the hills. Telegram followers can be purchased and faked very easily as there are many marketing groups that offer the service. Read their whitepapers thoroughly and ask yourself if the concepts are realistic. Upkeep of online wallets and blockchains require a committed team. Most of these PoS cryptocurrencies are forks of either DASH or PIVX. A dedicated team with a dedicated blockchain engineer is extremely important for troubleshooting, updates and upkeep. Ask questions and stay informed. If you feel your team is shady simply pack up, liquidate and move on to the next cryptocurrency. Conclusion PoS altcoins are not all scams. Some certainly have been but there are some fantastic projects out there that offer traits superior to Bitcoin that offer better privacy, faster transaction times including staking rewards. You simply need to find them. Some say and think the altcoin market is dead because crypto exchanges they are traded on are shady, may have experienced a hack or force scammy KYC (know your client) registrations. Crypto exchange volumes have dropped significantly since KYC implementation including exchange hacks but let me let you in on a little secret. There is a singularity in blockchain cryptocurrencies that have been in development for some time. A singularity that is truly decentralized offering atomic swaps in DEX, but I will save this for another article. Internet money will continue to gain adoption. Even after the most recent bear market and crypto-winter in cryptocurrency we still experience solid growth in fundamentals. Crypto and blockchain technology will become a more integral part of our lives and nothing can stop it. Thanks for reading. Share this story

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Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining

Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining

Crypto Tidbits: Satoshi Isn’t Dumping His Bitcoin, China ‘Bans’ Cryptocurrency Mining
Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week. After rallying towards $10,000 at the start of the week on the back of post-halving buying, seemingly caused by both retail and institutional players, Bitcoin plunged to $8,800 over the course of two days. Altcoins posted similar losses, with some underperforming the market leader and others outperforming BTC. Chart (heat map) of the performance of top cryptocurrencies from Coin360. Current as of May 22nd. The drop coincided with rumors that Satoshi Nakamoto — the founder of the flagship cryptocurrency — was dumping his coins on the open market after a transaction was sent from an address created one month after Bitcoin was launched. This rumor has since been disproven by blockchain data. In spite of the drop, analysts are still fundamentally long-term bullish on Bitcoin. As reported by NewsBTC previously, blockchain analytics company Glassnode noted on May 18th that the Puell Multiple — the USD value of BTC issued per day over the one-year moving average of the same metric — reached a crucial level. Chart of Bitcoin’s Puell Multiple (on a macro scale) from crypto analytics firm Glassnode As the below chart indicates, whenever the multiple entered the green zone, it found a macro bottom. This strong precedent suggests that BTC is nearing a post-halving bottom and is about to embark on its fourth long-term rally. Tuur Demeester — founder of Adamant Capital — echoed the optimism in an interview published this week by Messari, a crypto research firm: “I think a price target of like $50,000 is not insane at all, especially given just how crazy the money printing is. I would even say between $50,000-$100,000.” Related Reading: Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto Bitcoin & Crypto Tidbits Bitcoin Bulls Roar After “60 Minutes” Segment: Last weekend, the world-famous show “60 Minutes’ on CBS ran a segment in which the Federal Reserve was highlighted. In an interview, the central bank’s chairman, Jerome Powell, said that the trillions of dollars the Federal Reserve has already pumped into the economy is far from the end of the potential stimulus: “There is a lot more we can do. We’re not out of ammunition by a long shot. No, there’s, there’s really no limit to what we can do with these lending programs that we have.” Bitcoin bulls were incredibly pleased by this news. No, Chinese Isn’t Banning Crypto Mining: Earlier this week, there was an uproar in the community because an image was leaked of a Chinese government transcript indicating that an agency wanted to ban crypto mining. Asian-centric blockchain and fintech news outlet PANews wrote in regards to the image: “The Financial Administrative of the Sichuan province of China has issued a notice to its subordinate offices ordering them to ‘guide [Bitcoin and crypto] mining entities to end their mining activities in an orderly manner’.” While many took this as a sign that the country was banning Bitcoin mining yet again, Chinese crypto insiders confirmed that this is not the case. Matthew Graham of fund Sino Global Capital said: “China is not banning mining, it’s complicated as usual, messages frequently conflict especially at local or regional level. Actual message is basically ‘don’t use local government support for mining to illegally raise money’. Thank you,” Graham wrote, trying to dissuade the fears of a Chinese crackdown on crypto Iran Pushes a National Crypto Mining Strategy: In a similar vein of news, Iranian President Hassan Rouhani was reported this week to have told the Central Bank of Iran, the Department of Energy and Information, and other ministries that he wants a national cryptocurrency strategy implemented. The strategy will purportedly involve the regulation of private mining operations and the management of cryptocurrency mining revenues. Not much more was explained, but some speculate that this is Iran trying to garner Bitcoin and other cryptocurrencies to bypass international sanctions. No, Satoshi Nakamoto Isn’t Dumping His Crypto: This week, blockchain analysis firms registered a suspicious transaction: an address created one month after Bitcoin’s birth moved 50 coins. Due to the proximity of the address’ age to the creation of the network, many thought it was Satoshi Nakamoto starting to sell his coins. Yet programmer Jimmy Song noted that this is unlikely the case, pointing to blockchain data indicating that this was just an early miner, not the creator of Bitcoin. Featured Image from Shutterstock

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