Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining...
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem” or the “Byzantine Fault.” Throughout the history of man, people used ledgers to record economic transactions and...
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China...
India Proposes Amnesty for Citizens Holding Unreported Gold
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister...Interesting 13
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