Pacific Bitcoin Conference Pacific Bitcoin’s inaugural event featured two days of pure Bitcoin programming produced by Swan Bitcoin, a financial services provider providing world-class education and service. Experiences were available both on stage as well as via secondary programming in Swan Dome and Magic Money basketball court. At this conference, top speakers, sponsors, and attendees… Continue reading Pacific Bitcoin
Month: October 2023
What is the Mempool?
What Happens If the Mempool Gets Full on the Bitcoin Blockchain? Before any Bitcoin transaction can be added to the blockchain, it must first wait in the mempool, the node’s repository for all pending transactions. Mempool space may vary between nodes depending on network traffic, leading to longer confirmation times and higher priority fees for… Continue reading What is the Mempool?
Volcano Bitcoin Mining
El Salvador uses Volcanic Geothermal Energy For Bitcoin Mining El Salvador, known for its volcanoes, is now tapping volcanic geothermal energy for Bitcoin mining. President Nayib Bukele has pledged to attract cryptominers by providing cheap renewable power with zero carbon footprint. Tether, an established stablecoin issuer, recently invested $250 million to launch a 241 megawatt… Continue reading Volcano Bitcoin Mining
Bitcoin El Salvador
Is El Salvador’s Experiment With Bitcoin Paying Off? Since El Salvador adopted Bitcoin as legal tender, its economy has experienced many difficulties and ratings agencies have downgraded its creditworthiness. Government technology failures include multiple instances of its digital wallet Chivo being lost or corrupted and losses on cryptocurrency investments totalling about $50 million going unrealized.… Continue reading Bitcoin El Salvador
The Bitcoin Standard
The Bitcoin Standard Bitcoin was introduced as the world’s first truly immutable, decentralized and sound money in 2008. The system operates through a distributed peer-to-peer network and relies on processing power for transactions verification. The Bitcoin Standard details how and why Bitcoin operates, as well as its implications for our collective future. What is the… Continue reading The Bitcoin Standard
Bitcoin ETF
A Bitcoin ETF Could Signal a New Wave of Institutional Investors Taking a Big Stake in Bitcoin Bitcoin ETFs provide investors with a convenient way of diversifying their portfolio without directly experiencing price volatility. As different ETFs carry various fees, it’s essential that investors do their due diligence when investing. BlackRock’s application to create a… Continue reading Bitcoin ETF