The Bitcoin mining hash rate hit a new all-time high this past month of 80 EH/s, which is equivalent to 80,000,000 TH/s. This hash rate represents an ensemble of mining rigs spread all over the world that are performing hashing operations 24/7, in order to secure and sustain the Bitcoin network and to earn profits via block rewards. A journalist, Kashmir Hill, well-known from her articles with Forbes, made her name in the space by living on bitcoin for a week. At the end of the week, she had received so many tips in bitcoin that she invited the community out for a sushi dinner. 5. An electrical engineer was the first person living on Bitcoin. Kashmir Hill wasn’t the first person to live only on Bitcoin. The first one was a 25-year-old electrical engineer, who went on a road trip from Connecticut to Los Angeles, in the summer of 2011, only using Bitcoin through the whole trip. Via forbes.com I posted up upstairs and did some work, shot the bull with Crypto Castle denizens and made plans for the rest of the week. I also reviewed Kashmir Hill’s 2014 living on bitcoin series. She had held on to some of her coins (she had a few left) and they had appreciated in value from 2013 to 2014. Binance Brings Jobs, Education and Investment. The Premier of Bermuda, Edward David Burt, announced on Friday his government’s new partnership with cryptocurrency exchange Binance. Under the signed agreement, the company is to establish a Global Compliance Centre in the country creating forty jobs. Binance will also invest $10 million in ... BitcoinNews.com spoke exclusively to Phillip Birtcher and JP Hennessy, the co-founders of CryptoCare, which is a blockchain platform designed to raise funds for charity.Soft launching two weeks ago, CryptoCare runs on the Ethereum network and generates ERC-721 non-fungible tokens called CryptoCare Pals for each person that makes a donation. A month ago, we talked about the experience of a San Francisco journalist who decided to live for a whole week only using Bitcoin. Desperate to buy food with cryptocurrency, Kashmir Hill looked everywhere for places that accepted the digital coin, until she found the grocery Buyer’s Best Friend Wholesale & Mercantile Inc. At the time,Read More
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