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BBC talks to @theSeratio Advisory Board Chair Chandler Guo “At its peak his machines were capable of mining 30% of the world's Bitcoin” (Dec 2017 marketcap $327 billion, today $199 billion) https://www.bbc.co.uk/news/business-54261382 See him discuss SER on www.seratio-coins.world #IdeologyinCode
Is BBC NEWS finally coming around to Bitcoin & Crypto?!....... A very interesting article from an organisation who normally slates the crypto world! (full article here: https://www.bbc.co.uk/news/business-54261382)
Australian Government selling Bitcoin for fiat, which they can print an infinite amount of.
This is an automatic summary, original reduced by 62%.
The 24,518 bitcoins will be sold mostly in blocks of 2,000 - each with a value of about £680,000. Australian newspapers have previously reported that 24,500 bitcoins were seized by police in the state of Victoria in 2013, after a man was arrested for dealing illegal drugs online. Currently about 4,000 new bitcoins are generated a day as a reward for "Miners" who offer their computer power to process Bitcoin transactions. Dr Hileman said the Australian authorities had chosen a "Safe" time to sell because there is some uncertainty about what will happen to the value of Bitcoin in July. "The Bitcoin protocol is designed to reduce the number of new bitcoins miners are given as a reward for processing transactions every four years." The Australian Bitcoin auction, which will be open to bidders worldwide, is the first such sale outside of the US. In 2014, the US Marshals Service began auctioning a collection of about 175,000 bitcoins that had been confiscated from the founder of internet marketplace Silk Road. The final auction of those bitcoins attracted 11 bidders, possibly due to the high cost of each block on sale.
A British security researcher has revealed a new scam used by cybercriminals to generate money by deceiving internet users. According to the researcher, the criminals make money from webpage views by spoofing BBC News web pages and rerouting users to affiliate websites which generate bitcoin for the scammers. Appearing just after the holidays across the UK, the […] Fake BBC News page used to promote Bitcoin-themed scheme. Published. 17 January 2019. image copyright MyOnlineSecurity. image caption One sign that the webpage is fake is that it uses the wrong ... Bitcoin News is the world's premier 24/7 news feed covering everything bitcoin-related, including world economy, exchange rates and money politics. All the latest news about Bitcoin from the BBC Others point to the growing prospect of Bitcoin crossing over into the financial mainstream. "Speculation is a big part of this, but there are signs of growing use," says Dr Hileman.
Mr Bitcoin: "I don't want money, I don't want fame!" BBC News
Siberia may be the last place you’d expect to find cutting-edge cryptocurrency mining, but conditions in the remote Russian region are said to be ideal. The ... Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. His admission ends years of speculation about who c... The digital currency Bitcoin has been making headlines this week after a huge increase in value, but ministers are to introduce tighter regulations on the vi... Australian entrepreneur Craig White has publicly identified himself as Bitcoin creator Satoshi Nakamoto. Subscribe to BBC News HERE http://bit.ly/1rbfUog Che... Some believe that believe cryptocurrencies are the new digital gold. From Bitcoin to Ethereum, there are over 2,000 kinds of cryptocurrencies globally, worth over $300bn in digital money. And now ...