Bitcoin

Standardize commissions in Bitcoin Lightning network nodes: new proposal

Lisa Neigut presenting the project.

Key facts: The new proposal is called the “rank commission card”. The cards could even set negative commissions, subsidizing the cost. Bitcoin’s instant micropayment network, Lightning Network, is gradually being upgraded. Now, a new standard seeks to fix the format in which the nodes establish their commissions based on the routing capacity offered. The proposal …

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Is Bitcoin mining green or not? New data reopens the debate

Is Bitcoin mining green or not?  New data reopens the debate

Key facts: Gas and coal account for 62% of Bitcoin’s energy sources, according to Cambridge. Hydroelectric power use was cut in half within a year. The Bitcoin mining community is on a difficult path towards using energy from renewable sources. Coal use has fallen in the last two years and natural gas is gaining prominence, …

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Bitcoin will be under the microscope of the World Economic Forum and its new coalition

Key facts: The coalition will assess the electrical consumption of the cryptocurrency mining industry. Ripple, Solana and Stellar are part of the WEF coalition. The World Economic Forum (WEF) announced the creation of a coalition that will investigate different aspects of Bitcoin technology. The purpose of this alliance, as reported, would be to better understand …

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Solar-Powered Bitcoin Mining Farm Attracts Investors

Key facts: Galaxy Digital and PolyChain Capital led Aspen Creek’s investment round. The company, in addition to mining Bitcoin, sells the surplus electricity it has. Aspen Creek Digital Corp (ACDC) has raised more than $8 million for its new 100% solar-powered mining complex in Texas, USA. The financing round its leaders were the Galaxy Digital …

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“Cryptocurrency mining is not a crime”: NGO Bitcoin Argentina

Key facts: In September, the AFIP carried out several raids on mining farms. The Argentine Penal Code does not classify this activity as an illegal act. The NGO Bitcoin Argentina released a statement clarifying that Bitcoin and cryptocurrency mining is not an illegal activity in that country. This occurs days after several raids were carried …

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Tests of the new version of Bitcoin Core begin, with improvements to its wallet

To test the new version of Bitcoin Core it is not important to be a software programmer. The main client (or software) to run Bitcoin already has its main candidate ready. It only remains for the user community to verify the behavior of the improvements and the standardized functions. The launch of a guide facilitates …

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Exchange app between Bitcoin and Lightning allows you to earn commissions

Key facts: The app uses LND as a program to connect a node to the Lightning network. This service is similar to Magma Swap, launched earlier this month. A Brazilian programmer developed an app that allows its users to offer an exchange service (swap) between the main Bitcoin network and the Lightning network for micropayments. …

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Bitmain downgrades Antminer S19 Pro Bitcoin miners to less than $2,000

Bitmain downgrades Antminer S19 Pro Bitcoin miners to less than $2,000

Key facts: Those who bought this model of miner previously, will be able to opt for discount coupons. The profitability of mining Bitcoin with the S19 Pro is not the most favorable. The most recognized manufacturer in the world of Bitcoin miners today, Bitmain, lowered the price of the ASIC device model Antminer S19 Pro …

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