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Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services

At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will…

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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the…

Continue ReadingCash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

Report: Intel Reveals ‘Bonanza Mine BMZ1’ Blockchain Accelerator Mining Chip

Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about…

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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.”…

Continue ReadingIntel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’