Jeannie Bennett

A new Bitcoin movie has hit the screens. This Machine Greens, a documentary by award-winning filmmaker Jamie King (“Steal This Film”), premiered this week on YouTube. The crowd-funded documentary, produced by Enrique Posner, explores the relationship of Bitcoin to energy and examines critics’ claims that bitcoin mining is “dirty.” The film features interviews with a wide array of industry experts such as Lyn Alden, Swan Bitcoin’s Lead Economic Advisor, Meltem Demirors, CSO of Coinshares, an

El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this move, El Salvador hopes to encourage foreign investment, according to Javier Argueta, legal advisor to President Nayib Bukele: If a person has assets in bitcoin and makes high profits, there w

As El Salvador became the first country to accept bitcoin as a legal currency, many merchants in the country of 6.5 million began accepting bitcoin. From McDonald's to Pizza Hut, Salvadorans can now make their purchases with bitcoin. Since September 7th, dubbed "Bitcoin Day" by El Salvador's president Nayib Bukele, locals and visitors in the Central American nation have been sharing their new purchase experiences at merchants across the country. While some chains, including the likes of Starbuc

It's Bitcoin Day — the "Ley Bitcoin" (Bitcoin Law) has gone into effect in El Salvador, officially making the country the first in the world to adopt Bitcoin as legal tender. To kick off the historic day, El Salvador's president Nayib Bukele took to Twitter in the early morning hours of September 7th to announce that his country had bought its first bitcoin — 200 to start, then doubling its stack to 400. El Salvador made history in June by becoming the first country to adopt bitcoin as legal t

Good news for your Bitcoin wallet: strange things are afoot at the Circle K. The deployment of Bitcoin ATMs is on the rise and may be coming to a gas station or bodega near you. Circle K has announced plans to install Bitcoin ATMs in their stores. This move comes alongside the announcement by Salvadoran president Nayib Bukele to to deploy 200 Bitcoin ATMs across the country. An Emerging Market The adoption of Bitcoin ATMs is on the rise. As of this reporting, there are an estimated 25,000 Bit

Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to a radical redistribution in the global Bitcoin hash rate. Following the country’s recent implementation of new restrictions on bitcoin mining amid its commitment to a new energy policy that aims to see China “carbon neutral” by