Tag: The Block

It is not offered or intended to be used as legal, tax, investment, financial, or other advice. …Read the full story

The Block reported previously that as of Q3, just six large Bitcoin mining firms in North America alone were holding over 20,000 BTC, well worth $1 billion at the time. It said that, as of the end of October, it holds about 7,453 BTC it purchased from the market. …Read the full story

The upgrade went live when the Bitcoin blockchain reached block 709,632 at 5:15 UTC time on Sunday, which was mined and replayed by F2Pool. As The Block explained previously, Taproot introduces Schnorr signatures that can make more complex transactions on Bitcoin – such as those from multi-signature wallets – look like just any other transaction, […]

Since China’s general expulsion of crypto miners earlier this year, the U.S., Kazakhstan and Russia have taken the podium as the largest contributors to Bitcoin’s hash rate. It recently came to light that regulators were considering a proposal from Russian oil and gas giants allowing them to mine crypto using flare gas. …Read the full […]

Bitcoin’s price has been trending up since last weekend, briefly hitting $69,000 on Coinbase on Wednesday. Similarly, based on quotes seen by The Block on WeChat, Chinese mining rig brokers have been asking for $100 per terahashes per second for Bitmain’s AntMiner S19 Pro. “The continued shortage of physical rack space to plug in ASICs […]

Only 10 of those proposals have a decision date from the SEC, which comes when the attached exchange files a 19b-4 to list the product. The BlockFi NB Bitcoin ETF joins BlockFi’s proposed futures offering, the BlockFi Bitcoin Strategy Fund. Still, it’s unclear what will come of the spot ETF proposals. Alabama, Texas, Vermont and […]

“We have been mining Bitcoin since 2019. “As of September 30, 2021, we have entered into binding hardware purchase contracts with Bitmain … It is not offered or intended to be used as legal, tax, investment, financial, or other advice. …Read the full story