In the latest Bitcoin news, employees at the Russian Federal Nuclear Centre in Sarov have been caught using the work computers for Bitcoin mining activities. Utilising one of the world’s most powerful computers, the employees exploited a one petaflop supercomputer for cryptocurrency mining.
Tag: Bitcoin
Report: Bitcoin Whales can put monopol on the cryptocurrency
Bitcoin is in an exciting place at the moment. The cryptocurrency has risen in value and appears to be continuing its upward trend. There are arguments about its real value (Something is only worth what someone else is willing to pay for it, and Bitcoin has no intrinsic value beyond […]
Bitcoin drops 20% after record high of over $11,000
The roller coaster ride of the Bitcoin movement is on its way down again due to two of the most significant cryptocurrency exchanges crashing on Wednesday morning. Bitcoin was trading at a record high of $11,400 before dropping $2,200 to $9,200. The Bitcoin exchanges that crashed were Coinbase and Gemini, […]
BitTorrent founder announces Eco-conscious BitCoin competitor Chia
Following the announcement that the anticipated BitCoin fork Segwit2X was being canceled, BitTorrent founder Bram Cohen has said that he is launching his own competitor called Chia. The ecofriendly cryptocurrency is set to use a block chain mining system that won’t use the electricity of other options on the digital market.
Evidence shows Craig Wright may not be Bitcoin creator
As previously mentioned on It’s a Gadget, Australian Craig Wright outed himself as the creator of Bitcoin, Nakamoto Satoshi. This is being heavily disputed, however. Facts against Wright Technology sites and blogs have gone about debunking White’s claim. Old blog posts were created and manipulated by Wright to contain information […]
Craig Wright outs self as BitCoin creator
After years of speculation, Australian entrepreneur and computer scientist Craig Wright has outed himself as mysterious BitCoin creator Satoshi Nakamoto. We have previously done two stories on the strange story of recluse and believed BitCoin founder Nakamoto. First was the reveal of who he was believed to be, a 64-year-old Japanese-American […]
Satoshi Nakamoto denies any connection to BitCoin
Yesterday’s story from Newsweek about the alleged inventor of BitCoin has exploded after Satoshi Nakamoto gave an interview to the Associated Press denying any connection at all to the digital currency. The story has already been bizarre and confusing. The BitCoin inventor was always a mysterious figure that had been […]
