Op Ed: Why Argentina Needs Bitcoin

Argentina’s presidential elections are set to take place on October 27, 2019. Irrespective of who comes out on top on election day, all eyes will be on the country’s economic aftermath. Argentina’s economy is not in good shape. Inflation is projected to be at 53 percent by December 2019, and there are rumors that Argentina…

Bitmain Opens 50 MW Bitcoin Mining Center in Texas

On October 21, 2019, Chinese bitcoin mining giant Bitmain launched mining headquarters in Rockdale, Texas, in collaboration with the Rockdale Municipal Development District and Canadian blockchain firm DMG Blockchain Solutions. The Texas facility will be located on a 33,000-acre site, and Bitmain will be working to increase its power output from the current 25 MW…

Bitcoin Magazine Week in Review

Bitcoin Magazine‘s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. Ohio made a big splash in the cryptocurrency community in November 2018 when Josh Mandel, the state treasurer at the time, announced a plan to allow businesses to settle their tax bills in bitcoin. However, we’ve…

Huobi Expands Services With Turkish Lira

Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency…