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How Washington State Became a Battleground for Bitcoin Mining – CoinDesk

“We feel like it’s a bait and switch.” That’s Michael Cao, CEO of bitcoin mining firm ZoomHash, one of a number of bitcoin miners currently involved in a months-long dispute over power costs with a public utility provider in Chelan County, Washington. Cao isn’t alone. Other bitcoin miners in the region say they were drawn by[…]

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Venezuelan government lambasts Bitcoin as currency of criminals

As digital currency gains popularity in Latin America, Venezuela is one of the latest countries where ordinary consumers and businesses are turning to Bitcoin in the face of political instability and economic collapse. Sinking under 98.3% inflation and economic ruin, the country’s minimum wage even places citizens under the poverty line. High unemployment figures and[…]

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Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain

For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to[…]

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Lamassu Bitcoin ATM Now Supports Ethereum

Automatic Teller Machines, known across the world by its abbreviation – ATMs were revolutionary machines that made banking convenient for billions of individuals across the world. ATMs made people avoid visiting their bank branch for regular cash withdrawal, deposit, check deposit and other transactions. Today ATMs are prevalent, with at least one ATM in each[…]

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Japanese Legislator Calls for Bitcoin Tax Exemption

A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a regional news source says. The issue was up for debate during a budgetary committee hearing in the lower house of the Japanese legislature, the Diet, on 5th February. As reported by Nikkei, Liberal Democratic Party[…]

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Banks Still Wary about Bitcoin, Affects Bitcoin Based Business – newsBTC

When it comes to the banking sector, the banks want to have the cake and eat it too. On one side, all the major international banks are making a beeline to incorporate blockchain technology into their operations whereas, on the other hand, they are not so eager to offer their banking services to bitcoin companies.[…]

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Wall of Coins: Effortless Marketplace for Bitcoin – Bitcoinist.net

Written by: Bitcoinist.net 2016/02/27 1:00 PM Wall of Coins is a peer-to-peer bitcoin marketplace that lets users buy and sell bitcoin without compromising privacy or security. Customers report that this exchange is fast, with an average order fulfillment time of around 10 minutes. Disclaimer: This is a sponsored story. Bitcoinist is not responsible for the[…]

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Beyond Bitcoin—Blockchain Is Coming to Disrupt Your Industry: Weekend Reading – Wall Street Journal

Beyond Bitcoin—Blockchain Is Coming to Disrupt Your Industry: Weekend Reading Blockchain technology can potentially make a great many things more secure and accountable: financial transactions, micropayments, IoT applications, health records, corporate audits and more. Companies looking at digital technologies as enablers of competitive advantage and disruption innovation—technologies such as social, mobile, analytics, cloud, and cognitive[…]