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Bitcoin in Brief Friday: Farms on Wheels, a Hotel, and Even a Simulator for Miners

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With 80 percent of all bitcoins already mined, and the hashrate of the network reaching all-time highs, in today’s Bitcoin in Brief we are covering some news from the world of crypto mining. An Italian company is developing mobile mining farms, while in Russia a mining hotel offers an opportunity to legally earn cryptocurrency. And, … Read more

Reddit Plans to Reinstate Cryptocurrency Payments

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After Reddit removed Bitcoin Core (BTC) as a form of payment for premium membership services this past March, the company seems to be planning to reinstate the digital asset soon. On Thursday, May 3 in an interview with Cheddar, the company’s chief technology officer (CTO), Chris Slowe, revealed it will be adding BTC again and … Read more

This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification

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A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on … Read more

PR: 4NEW – Two Operational Power Plants Secured with Launch Plan to Initiate Onsite Crypto Mining Farm

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London, UK. Today, 4NEW announced that they have secured two operational Waste to Energy power plants that produce over 10 megawatts of electricity per hour in the United Kingdom. The power plants, located in Middlesborough and Hartlepool, utilize the Anaerobic Digestion technology to convert regular household waste and feedstock into electricity that is currently sold … Read more