Bitcoin

Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person



Videos

Oklahoma State Senator on Attracting BTC Miners With Tax Incentives

Oklahoma State Senator John Michael Montgomery explains why he is pushing the state to attract bitcoin miners with tax incentives. Montgomery addresses energy concerns, highlighting the state’s abundance of wind and natural gas while discussing what mining operations can do for property values and public services. 

Recent Videos

Videos

Crypto Markets React to LFG's BTC Reserves, Musk Taking 9.2% Stake in Twitter

Quantum Economics Founder & CEO Mati Greenspan discusses the current state of the crypto markets as the Luna Foundation Guard purchased about $400 million worth of BTC over the past week for its UST reserves. Plus, a conversation on dogecoin’s price spike following Elon Musk’s new stake in Twitter and why Greenspan is bullish on the Near Protocol. 

Recent Videos

Opinion

Why Bitcoin Mining Is a Matter of National Security

Buying and holding bitcoin (BTC), the asset, is not what gives people power over the Bitcoin network.

The ESG Debate of Bitcoin Mining

Finance

Garry Kasparov: 'Bitcoin Will Remain as a Standard'

The chess grandmaster, a speaker at CoinDesk's Consensus festival in June, expects a basket of coins to replace the dollar within a decade.

(Garry Kasparov, modified by Kevin Ross/CoinDesk

Finance

Digihost Becomes First Publicly Traded Miner to Offer Bitcoin Dividend Payments

The miner also expects a 1.5 exahash per second (EH/s) of average hashrate for 2022, which is about 5.5x more than its 2021 mining power.

Bitcoin miners

Finance

First Mover Americas: New Bitcoin Use Case Is Buying Fuel Down Under

The latest moves in crypto markets in context for April 4, 2022.

Refueling gasoline (Tobias Titz/Getty images)

Markets

First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday

Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%; bitcoin and ether are up.

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Markets

Now That Q1 Is Over, Is the Bull Market Back?

Most of Q1 was uninspiring, but bitcoin’s price ticked up as we closed out the quarter potentially signaling renewed strength in the crypto market.

(Juliana e Mariana Amorim/Unsplash)

Markets

Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)

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