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Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
8.11.2024
The company's shares fell after reporting third quarter sales that missed estimates by 4%
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto
3.5.2024
On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record as the largest, was mined by Marathon....
Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
2.5.2024
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon
Crypto Biz: X payment system, Block moves into Bitcoin mining and more
26.4.2024
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more
Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip
24.4.2024
Jack Dorsey's payments company Block has shifted its focus from designing chips to developing a full Bitcoin mining system.
The post Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip appeared first on Cryptonews
Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’
23.4.2024
The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021
Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop
5.3.2024
During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain...
Jack Dorsey's Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
7.12.2023
Jack Dorsey's company's new self-custody wallet consists of an app, hardware device and recovery tools
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
4.8.2023
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year
Lucky Block Bitcoin Casino: The New Crypto Casino Site in 2023
19.7.2023
Lucky Block Casino has snappily become a cherished destination in the online gambling world, landing the hearts of players far and wide. It offers a wide variety of games and an expansive sportsbook, feeding to the different interests of its … Continued
The post Lucky Block Bitcoin Casino:...
Another Mysterious Signed Message Appears Associated With the 2009 Bitcoin Block 1,018
8.6.2023
This week, the number of Ordinal inscriptions has exceeded 11 million, with one inscription in particular, numbered 11,035,214, standing out. The inscription bears a message that has been signed with the private key associated with block 1,018, and while the key is quite old, having been linked...
Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet
19.5.2023
The official announcement by the unit of Block (SQ) was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...
Bitcoin Association Asks Exchanges to Block 'Empty Block' Bitcoin SV Miner
17.10.2022
The association supports the development of BSV, a fork of Bitcoin Cash, a Bitcoin fork
Block Bitcoin Wallet Team Reveals Their Plans and Seeks Feedback
11.8.2022
Twitter founder Jack Dorsey's payment firm Block shared more details about its previously announced wallet, focusing on the plans for combining safety and ease of use/access in order to create a broader and less ‘hesitant’ customer base....
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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Kickstarting the Bitcoin Network: A Look at the Genesis Block and Source Code That Sparked a Financial Revolution
3.1.2022
13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting...
Big Block Breakthrough: 1 Gigabyte BCH Scalenet Block Mined With Raspberry Pi4
2.6.2021
While it seems the big block vs. small block debate is over, it is still relevant in the cryptocurrency sphere and some users are still delving into the limits of big blocks. Mtrycz, a writer leveraging the read.cash blogging platform, claims to have mined 1 gigabyte (GB) block using a Raspberry...
Purse.io Returns: Company Reveals Crypto Marketplace ‘Is Here to Stay’
27.4.2020
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition. More than a week...
Crypto Marketplace Purse.io to Dissolve Operations After 6 Years
17.4.2020
On April 17, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been disabled and the company’s...