bitcoin

  1. J

    Immersion Cooling For Crypto Mining

    Anyone know of someone in SA who is a specialist in building immersion cooling solutions for ASIC miners?
  2. Hanno Labuschagne

    Bitcoin brushes $25,000 level

    Bitcoin brushes $25,000 level A rally in Bitcoin took the token to the cusp of scaling $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown. The largest digital asset rose as much as 3% on Thursday and was...
  3. Hanno Labuschagne

    Bitcoin recovers after brief crypto regulatory meltdown

    Bitcoin recovers after brief crypto regulatory meltdown Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases. The largest cryptocurrency by market value jumped as much as 3.2% to $22,323 during New York trading, after turning negative...
  4. Jan

    CryptoQR payments roll out to all 1,500 Pick n Pay stores in South Africa

    Pick n Pay rolls out Bitcoin payments to 1,500 stores CryptoConvert has announced that its CryptoQR platform is now active at all Pick n Pay stores around South Africa, allowing shoppers to pay with Bitcoin using the Lightning network. The rollout includes PnP Express and Pick n Pay Clothing...
  5. Hanno Labuschagne

    Unease over Bitcoin blockchain's use for NFTs

    Unease over Bitcoin blockchain use for NFTs NFTs are coming to the Bitcoin blockchain, sparking a debate among those who say the digital representations add a much-needed fresh use case and the purists concerned about deviating too far from the origins of the peer-to-peer cryptocurrency...
  6. Hanno Labuschagne

    Bitcoin off to a flying start in 2023

    Bitcoin off to a flying start in 2023 Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing. The largest token is up over 40% since the turn of the year, a first-month gain bettered only twice before when crypto was in its...
  7. Hanno Labuschagne

    Bitcoin fast out of the blocks in 2023

    Bitcoin fast out of the blocks in 2023 Bitcoin has bolted out of January’s starting gates with a climb of more than 28%, turning up the heat on bears who anticipated more challenges for riskier investments after sharp selloffs in 2022. The token’s advance so far is the best for the opening...
  8. Hanno Labuschagne

    Bitcoin rallies over $21,000

    Bitcoin rallies over $21,000 Bitcoin surged over $21,000 on Saturday amid optimism that it may have bottomed and inflation may have peaked. The largest cryptocurrency rose as much as 7.5% to $21,299. It hadn’t been above $20,000 since Nov. 8, and Saturday marked its 11th straight day...
  9. Hanno Labuschagne

    Bitcoin on a long winning streak

    Bitcoin on a long winning streak A prolonged rally in Bitcoin is giving crypto enthusiasts a smidgen of something to be happy about during a dark period for the industry. The world’s largest token has advanced for nine straight days, the longest such streak since 2020, according to data...
  10. Hanno Labuschagne

    Big Bitcoin price predictions meet tough reality in 2022

    Big Bitcoin price predictions meet tough reality in 2022 A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022. That’s a far reach from where the coin is actually ending this annus...
  11. Jan

    Jack Dorsey pledges $1 million per year for Signal - and "open Internet development" grants

    Twitter co-founder pledges $1 million every year to Signal chat app Twitter co-founder and former CEO Jack Dorsey says he will give open source chat app Signal $1 million per year as one of several grants to accelerate open Internet and protocol work. The co-founder and former CEO of Twitter...
  12. Hanno Labuschagne

    Bitcoin hit by China unrest over Covid-zero restrictions

    Bitcoin hit by China unrest over Covid-zero restrictions Cryptocurrencies slid Monday amid a bout of investor anxiety in global markets sparked by protests in China against Covid restrictions. Bitcoin, the largest token, at one point shed 3.2% and was trading at about $16,170 as of 12:40 p.m...
  13. Jan

    Bitcoin splits from global markets to slide all on its own

    Bitcoin investment narrative frays The distress spread across cryptocurrencies by the meltdown of Sam Bankman-Fried’s FTX is fracturing the link the tokens once had with other financial assets, a sign that Bitcoin’s influence on global markets may be diminishing. Bitcoin dropped 23% last week...
  14. Jan

    Bitcoin tanks on Binance-FTX deal doubts

    Bitcoin tanks on Binance-FTX deal doubts Cryptocurrencies extended declines as Binance’s potential takeover of embattled rival exchange FTX highlighted how strains in the digital-asset industry are now buffeting some of its top players. Bitcoin, the largest token by market value, fell as much...
  15. Jan

    Silk Road Bitcoin thief pleads guilty to money laundering

    US nails R59-billion Silk Road Bitcoin thief The US Department of Justice (DoJ) has convicted a hacker who stole 50,000 Bitcoin — valued at $3.3 billion (R59 billion) at the time — from the "Silk Road" marketplace on the dark web, Bleeping Computer reports. James Shong pleaded guilty to money...
  16. Jan

    Pick n Pay Bitcoin payments tested

    We bought a loaf of bread from Pick n Pay with Bitcoin — and it just worked MyBroadband tested paying with Bitcoin at Pick n Pay in Centurion Mall by purchasing a loaf of bread, and it worked flawlessly. Pick n Pay has partnered with Electrum and CryptoConvert to enable Bitcoin payments at 39...
  17. Jan

    Pick n Pay expands Bitcoin payment trial ahead of full country-wide launch

    Pick n Pay rolling out Bitcoin payments across South Africa — starting with these 39 stores Pick n Pay has expanded its Bitcoin payments trial to 39 stores across South Africa’s major cities, the retailer has announced. It plans to roll out to all its stores in the coming months. “While for...
  18. Hanno Labuschagne

    Potential Bitcoin mining profits hit by Ethereum miner migration

    Potential Bitcoin mining profits hit by Ethereum miner migration The amount of computing power dedicated to Bitcoin mining surged to a record as more companies made use of the energy and data centre space freed up after the upgrade of the Ethereum network, likely further compressing profit...
  19. Hanno Labuschagne

    Ethereum hits two-month low ahead of expected big interest rake hike

    Ethereum hits two-month low ahead of expected big interest rake hike Cryptocurrencies extended a slide on Monday, hampered by a further drop in the second-largest token Ether as well as the prospect of a global wave of monetary tightening this week spanning the US to Europe. Ether fell as much...
  20. Hanno Labuschagne

    Bitcoin rally cools ahead of big Ethereum upgrade

    Bitcoin rally cools ahead of big Ethereum upgrade A rally in Bitcoin is cooling as traders await US inflation data and monitor a seminal upgrade of the Ethereum blockchain, events that could stir volatility in cryptocurrency markets. The largest token rose as much as 3.3% on Monday, briefly...
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