Iceland may use more electricity mining bitcoin than powering homes this year

Posted on by Freedomwat.ch Staff

“Data centers may use more energy than all of the country’s homes in 2018, Johann Snorri Sigurbergsson from Icelandic energy company HS Orka told the BBC. Bitcoin mining thrives in Iceland, where energy is cheap, and internet connections use super fast fiber-optic networks. Additionally, Iceland’s cold climate plays an important role in ensuring crypto utilities don’t overheat.”

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Stossel: Silk Road’s Founder Is in Jail for Life, but the Dark Web Only Grows

Posted on by Freedomwat.ch Staff

“No American is safer because Ross Ulbricht is in jail for life. He is just one more casualty of our futile war against drugs.”

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U.S., UK government websites infected with crypto-mining malware

Posted on by Freedomwat.ch Staff

“Thousands of websites, including ones run by U.S. and UK government agencies, were infected for several hours on Sunday with code that causes web browsers to secretly mine digital currencies, technology news site The Register reported. The tainted version of Browsealoud caused inserted software for mining the digital currency Monero to run on computers that visited infected sites, generating money for the hackers behind the attack, The Register said.”

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Lyn Ulbricht: The Far Reaching Impact of the Silk Road Case

Posted on by Freedomwat.ch Staff

“Lyn Ulbricht is Ross Ulbricht’s mother. Ross was the creator of the Silk Road website, which had a very important role in the history of bitcoin. Currently, Ross is serving a double life sentence without parole for all non-violent charges. Lyn has worked to bring awareness to the case and raise funds for Ross’s defense through www.FreeRoss.org. She has had many media interviews and public appearances and has helped bring awareness to the public of the case and Ross’s appeals. Her efforts have shined light into the darkness of the justice system, proving it to be a darker place than anywhere found on the dark web.”

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Russian nuclear weapons engineers used supercomputer to mine cryptocurrency

Posted on by Freedomwat.ch Staff

“Reports indicate that the group was caught trying to harness the lab’s supercomputer to mine cryptocurrency.”

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Governments Hate Bitcoin and Cash Because They Protect People’s Privacy

Posted on by Freedomwat.ch Staff

“If they’re going to be so explicit in their hostility to the anonymity and liberty those means of exchange offer people, we should take them at their word. Let’s be clear in response that what they see as problems are the precise features we like about cash and cryptocurrencies. We support our well-worn folding money and bitcoin and its successors to come precisely because they put at least some of our activities beyond the reach of control freaks who want to monitor, tax, and regulate our lives.”

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China Cutting Access to Overseas Crypto Trading

Posted on by Freedomwat.ch Staff

“The move comes months after China formally banned investments in initial coin offerings (ICOs), deeming the blockchain use case to constitute a form of illegal financing. Authorities there also shuttered online websites for crypto-trading, with the ‘Big Three’ exchanges closing this past fall. The new reports show that China is now targeting overseas websites catering to local users. According to the translation from SCMP, the actions are begin taken because ‘after the closure of the domestic virtual currency exchanges, many people turned to overseas platforms to continue participating in virtual currency transactions.'”

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Canada’s first blockchain ETF approved

Posted on by Freedomwat.ch Staff

“With the ticker HBLK, the fund has a management fee of 0.65 per cent and seeks to replicate the performance of the Harvest Blockchain Technologies Index; an index designed in-house to track the performance of issuers in both the large-cap blockchain segment and the emerging blockchain segment exposed to the development and implementation of blockchain technologies in North America. At the same time, two other providers are looking to access the ever-growing popular blockchain technology. Both First Trust Portfolios Canada and Evolve Funds Group Inc. have filed preliminary prospectuses with regulators this week for blockchain funds.”

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Bitcoin broker Coinbase booked $1 billion in revenue last year, IPO rumored

Posted on by Freedomwat.ch Staff

“Coinbase now has more brokerage accounts, over 13 million, than the trading giant Charles Schwab. In recent months, the company has moved into the business of storing digital cash for big institutions like hedge funds.”

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South Korea’s Crypto Craze Explained by Seoul’s Largest Investor

Posted on by Freedomwat.ch Staff

“A tech savvy nation that highly valued digital goods and also had a penchant for gambling without a viable outlet was naturally drawn to cryptocurrencies. The densely packed and hyper-connected composition of Seoul allowed for word of the massive gains being made from cryptocurrency investments to spread rapidly throughout the population, creating a mania. The rise of cryptocurrency’s popularity coincided with political turmoil that distracted the government from a situation that under normal circumstances, it would have tried to control.”

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The Freedom Watch

International Intelligence for the Resistance

Tag Archives: Bitcoin

Iceland may use more electricity mining bitcoin than powering homes this year

Stossel: Silk Road’s Founder Is in Jail for Life, but the Dark Web Only Grows

U.S., UK government websites infected with crypto-mining malware

Lyn Ulbricht: The Far Reaching Impact of the Silk Road Case

Russian nuclear weapons engineers used supercomputer to mine cryptocurrency

Governments Hate Bitcoin and Cash Because They Protect People’s Privacy

China Cutting Access to Overseas Crypto Trading

Canada’s first blockchain ETF approved

Bitcoin broker Coinbase booked $1 billion in revenue last year, IPO rumored

South Korea’s Crypto Craze Explained by Seoul’s Largest Investor