Bitcoin
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
Bitcoin News / Google News Bitcoin - 4 days ago
Ethereum News Today: Ethereum Breakout Mirrors Bitcoin's 2020 Pattern Amid Bullish Market Signals& & AInvest
More / Bitcoin Reddit - 4 days ago
$50 of that was for referring someone (we both get it). DM for link. submitted by /u/Bitcoin401k [link] [comments]
More / Bitcoin Reddit - 4 days ago
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More / Bitcoin Reddit - 4 days ago
Think of all the people that donβt own Bitcoin at the moment due to lack of disposable income but would due to having cash in their 401k submitted by /u/Financial_Clue_2534 [link] [comments]
Cryptocoins News / The Cointelegraph β - 4 days ago
The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump's sons and others....
Bitcoin News / Bitcoin.com - 4 days ago
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack A...
Bitcoin News / Bitcoin.com - 5 days ago
ECR Minerals plc, a U.K.-based gold exploration company focused on Australian projects, announced on Aug. 7, 2025, that its board has formally adopted a bitcoin and digital asset treasury management policy. Gold Miner ECR Adopts Bitcoin Treasury Stra...
Bitcoin News / Bitcoin.com - 5 days ago
President Donald Trump signed an executive order on Aug. 7 directing federal agencies to enable 401(k) and similar retirement plans to offer investments in alternative assets, including cryptocurrencies like bitcoin. Since the announcement, BTC has s...
Bitcoin News / Bitcoinist - 5 days ago
A new contender has entered the conversation about institutional Bitcoin adoption, and it’s not from Silicon Valley. London-listed Satsuma Technology, formerly TAO Alpha, has completed a massive Β£163.6 million ($218 million) convertible note fi...
Bitcoin News / Google News Bitcoin - 5 days ago
401(k) Advice: What to Know About Bitcoin, P/E, and Other Alternative Investments for Retirement& & Barron's