FTX to Be Acquired by Binance, Revealed in Unexpected Letter of Intent FTX, in an unexpected twist, was announced by Binance on Wednesday to be acquired through a letter of intent. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange...Continue Reading

After months of confusion and the avoidance of a full blown trial, Elon Musk has now completed his purchase of Twitter. Could this be a good thing for cryptocurrency and blockchain technology?Continue Reading

Bitcoin Mining Industry Reaches 59.5% Sustainable Energy The global Bitcoin mining industry had a sustainable electricity mix of 59.5% during Q2 of the year, or a marginal increase compared with Q1, according to the latest quarterly survey conducted by the Bitcoin Mining Council.   The latest Q2 report also details how energy efficiency among Bitcoin...Continue Reading

Intel’s AXG Blockscale: A Game-Changer In late January we detailed the exciting rumours surrounding Intel’s development of a specialised AXG Blockscale efficient Bitcoin mining ASIC” known as the “Bonanza Mine”. This can be read here.   It has been quite a journey, with the project initially becoming known to outsiders by its Bonanza Mine codename....Continue Reading

Crypto Mining Industry at Bitcoin Miami At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain...Continue Reading

Gone are the days where anyone with very limited knowledge or research could pick a coin to mine and achieve returns of $50 -$100 dollars per day. In today’s market, successful mining strategies involve countless hours of research and due diligence. MiningStore has had an exceptional track record in providing our community with quality coins...Continue Reading

What is Bitcoin? Bitcoin is a form of electronic cash that can be sent directly from one user to another without an intermediary. It was invented by an unknown person or group using the name Satoshi Nakamoto and released as open-source software in 2009, as set out in the Bitcoin whitepaper at bitcoin.org. Bitcoin uses...Continue Reading