bitcoin

New York awards first Virtual Currency License to Bitcoin ATM operator

New York awards first Virtual Currency License to Bitcoin ATM operator

The New York Department of Financial Services has approved Coinsource's application to install Bitcoin ATMs. The application process took three years, including review and approval, according to Coinsource, which is now one of a dozen companies to get a Virtual Currency License. Coinsource is unique as the only Bitcoin ATM operator to get the approval.

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Bitcoin may rapidly push Earth past global warming tipping point

Bitcoin may rapidly push Earth past global warming tipping point

A new study warns that Bitcoin and other cryptocurrencies like it could help push the Earth's temperature past the 2°C global warming threshold in only a couple decades. The reason lies in how bitcoin and similar digital money works: by utilizing substantial hardware resources, gobbling up electricity and helping fuel harmful emissions.

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HTC Exodus 1 will cost you Bitcoin or Ethereum

HTC Exodus 1 will cost you Bitcoin or Ethereum

The HTC Exodus 1 is a smartphone with dapps, apps that require blockchain technology to function. This phone also functions as a hardware wallet for cryptocurrency such as Bitcoin or Ethereum. The phone was put on sale today on pre-order, and users can ONLY pay in either Bitcoin or Ethereum (BTC or ETH).

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NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA Q2 earnings today reported the complete wipe-out of expected earnings from cryptocurrency-specific products in the future. This comes after this Q2's expected earnings in crypto hardware were $100m for the company, but turned out to be just $18m. As NVIDIA's statement suggests, "Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward."

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ASUS Bitcoin miner motherboard runs 20 GPUs at once

ASUS Bitcoin miner motherboard runs 20 GPUs at once

ASUS is taking an interesting angle with its latest high-end motherboard. While we'd expect many motherboards coming from ASUS to be aimed at gamers or mainstream PC builders, this new one is all about cryptocurrency mining. Say hello to the ASUS H370 Mining Master motherboard.

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Bitcoin price drop: A prize-laden puzzle

Bitcoin price drop: A prize-laden puzzle

Bitcoin prices broke their months-long uptrend in December of 2017 and for the first time since then, it might be time for the downfall to re-up. We're looking for flags, likelihood of reversals, and the larger upward trend. Looking at any one of these elements might lead you to believe that Bitcoin's price in USDT isn't about to jump - not right this moment, anyway.

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Bitcoin price manipulation probe underway at Justice Department

Bitcoin price manipulation probe underway at Justice Department

The US Department of Justice is investigating possible cryptocurrency price manipulation, at least according to sources that have leaked the probe. According to the tipsters, the DOJ has teamed with the Commodity Futures Trading Commission (CFTC) to determine whether some traders have or had been manipulating the price of cryptocurrencies like bitcoin. The sources say this is a criminal probe.

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What is Bitcoin? Let AI explain

What is Bitcoin? Let AI explain

If you want to know what Bitcoin is and haven't been able to understand anyone trying to explain, boy do we have a video for you. This video comes from the folks at Botnik Studios. They're a team of creatives and/or engineers making artificial intelligence a tool for some of the strangest stuff I've ever seen before. They're using AI like a paintbrush, and the canvas is your mind.

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Bitcoin price rallying thanks to Japan and Buterin

Bitcoin price rallying thanks to Japan and Buterin

In Japan this week was a tip about Japanese exchange Monex moving to take over the exchange known as Coincheck. Said takeover would be a muilti-billion-Yen bid, and a big bump to public confidence in bitcoin and cryptocurrency in general. Monex is a regulated public company. As such, Monex tossing billions at a cryptocurrency exchange is nothing to scoff at.

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Chrome Web Store bans cryptocurrency miners outright

Chrome Web Store bans cryptocurrency miners outright

Security at the Chrome Web Store took a hardline stance on cryptocurrency miners this week. In the past, the Chrome Web Store allowed crypto mining apps ONLY if they had mining as their SINGLE purpose, and the user was "adequately informed" about how the app worked. Due in part to the absurd number of apps submitted to the Chrome Web Store that attempted to bend or break these rules, the store announced they'd no longer accept any crypto mining apps at all, whatsoever.

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Bitcoin price bounce: NVIDIA’s faith in crypto

Bitcoin price bounce: NVIDIA’s faith in crypto

This week bitcoin prices bounced at the trendline forged approximately one half year ago at the same time as NVIDIA signaled support for crypto. NVIDIA CEO Jensen Huang spoke to Jim Cramer on Mad Money TV, suggesting that cryptocurrency was "here to stay" regardless of the fact that it's not one of the company's main drivers - yet.

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Intel mulling Bitcoin miner tech as gaming brands back off

Intel mulling Bitcoin miner tech as gaming brands back off

A Bitcoin mining hardware accelerator was revealed in a patent this week, showing Intel's hand ahead of any product unveil. Over the past year, several major gaming-focused hardware manufacturers went both in and out of love with the fact that their gear was flying off shelves. Graphics processor makers especially found themselves between a rock and a hard place when gamers were unable to buy gaming GPUs because cryptocurrency mining operations bought out entire stores at a time - leaving gamers with no option but eBay. Intel seems to have no qualms with expanding on Bitcoin.

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