Daniel Kuhman

Former Chief Strategy Officer at Blockstream, Samson Mow, appeared on CNBC on Tuesday alongside Gabor Gurbacs of VanEck and Deirdre Bosa to discuss “The Role of Crypto During Geopolitical Unrest.” The trio discussed Bitcoin’s apolitical and censorship resistant nature and how it’s value proposition has become clear over the last several weeks.   As Russia advances into Ukraine, citizens in both countries are looking to move their money into stable stores of value. Following the onset of the co

Ryan Petersen, CEO of global logistics platform Flexport, posted to Twitter on Monday that the company holds a non-zero amount of Bitcoin on their $1.6B balance sheet. The post was in response to a comment on an earlier thread asking what percentage of the portfolio was “hard money (aka bitcoin).” Although Petersen did not disclose the exact amount, he confirmed that it wasn’t zero.  Flexport is a digital freight forwarder that provides a platform to help businesses manage, trade, transport, an

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly half the cost of a Bitmain S19 Pro and is 15% more efficient. The filing did not specifically name Intel as the provider, however key details like pricing and production capacity align with GRIID’s supp

Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro miners. Bitfarms, one of the first publicly traded Bitcoin mining companies in North America, has adopted a growth-oriented focus. From 2016 to 2022, Bitfarms has gone from min

In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin stances are worried about losing control over their citizens, saying “that is why China banned Bitcoin - because they can’t control it.” Senator Cruz represents Texas, a U.S. state gaining

On Wednesday, German media outlet BTC-ECHO reported that the European Parliament (a legislative branch of the European Union) finalized a new draft of their Markets in Crypto-assets (MiCA) framework. According to the report, the new draft proposes a ban on “environmentally unsustainable consensus mechanisms” like the Proof-of-Work (PoW) protocol used by Bitcoin. If passed, any digital asset using such a mechanism would be banned in the European Union starting January 1st, 2025.  Stefan Berger,

On Tuesday, the Bitfury Group - one of the world’s leading Bitcoin mining technology companies - announced that they were launching a new mining center in Sarnia, Ontario. The facility is already operational and is expected to reach a capacity of 16MW by the end of February and 28MW by the end of May of this year. The project has a total expansion potential of up to 200MW.  On top of operating Bitcoin mining centers, Bitfury has a strong reputation for in-house technology development. According

In January, a title listed in the program for the 2022 International Solid State Circuit Conference caught a few eyes in the Bitcoin world. The title was “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC,” and it caught a few eyes because it was being presented by technology giant, Intel. Less than a month later, one week prior to the conference, Senior Vice President at Intel, Raja Koduri, wrote that they were focusing heavily on energy efficiency in designing their new c