Bitcoins

Taproot offers new ways to recover bitcoins according to Jimmy Song

improvements-bitcoin-taproot-jimmy-song

Key facts: For Song, Taproot offers new methods of securing and recovering bitcoins. Song comments that users will be able to create ways to inherit their BTC after death with Taproot. The renowned programmer Jimmy Song has recently spoken about the advantages that Taproot brings to Bitcoin, and how users will have new funds recovery …

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Bitfarms farm in Argentina to mine bitcoins with surplus energy from private plant

Bitfarms’ Bitcoin mining farm in Argentina already has a confirmed location: it will be in the town of Córdoba, at the Modesto Maranzana Thermoelectric Power Plant, owned by the Albanesi group. The installation of the Albanesi group will also sell the necessary energy for the Bitcoin mining operation that Bitfarms will have in the South …

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Sending bitcoins immediately, without custody and without internet, seems like a challenge

Sending bitcoins immediately, without custody and without internet, seems like a challenge

Key facts: The Lightning network states that to send and receive BTC, both nodes must be online. Some wallets, such as Phoenix, work as an independent node. A proposal made by the former Bitcoin Core developer, Matt Corallo, tries to find a real solution to what would be a BTC sending system on the Lightning …

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Riot Blockchain Quadrupled Its BTC Production In September – 406 Bitcoins

Key facts: Riot claims they have a deployed fleet of at least 25,646 mining machines. The development of Whinstone, a mining plant under development, continues as planned. Bitcoin (BTC) mining company Riot Blockchain, reported this week that it quadrupled its production in September 2021, when they managed to mine 406 BTC. This represents a 346% …

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