cryptocurrency

Casascius Bar: 13 Years, $10M Gain, and a Tough Decision

Casascius Bar: 13 Years, $10M Gain, and a Tough Decision

Just like John Galt’s story, HRIS’s Casascius bar serves as an excellent illustrative example to the emotional and financial rollercoaster that is Bitcoin investment. This story gets even cooler once physical collectibles get involved. In 2012, Galt paid only $500 for a Casascius bar with 100 BTC. Fast forward to...

HIVE Digital Boosts Bitcoin Production by 18% Amid Paraguay Expansion

HIVE Digital Boosts Bitcoin Production by 18% Amid Paraguay Expansion

We’re HIVE Digital Technologies and we have some pretty cool news! In fact, they just announced a wild 18% MoM increase on Bitcoin production with a total of 164 BTC produced. The successful launch of Phase 1 of the Paraguay expansion has contributed to this increase span. Consequently, the company’s...

Casascius Bar Move Shows Bitcoin's Real Problem Isn't Price, It's Trust

Casascius Bar Move Shows Bitcoin's Real Problem Isn't Price, It's Trust

A user by the name of “John Galt” just recently moved 100 BTC from a Casascius bar, which he had held for 13 years. This important transaction is more than just another tick on the Bitcoin price chart. It's a glaring neon sign pointing to a persistent, and often glossed-over,...

Russia's Bitcoin Mining Crackdown: Tax Dodgers Beware!

Russia's Bitcoin Mining Crackdown: Tax Dodgers Beware!

Russia, which had been a safe haven for Bitcoin miners, is now cracking down on the industry. The Kremlin is now acting because of fears over energy shortages, economic collapse and possible graft. It is taking a drastic series of regulatory actions that might reshape the cryptocurrency mining scene not...

Casascius Bar Owner Just Proved Bitcoin's Power. Are YOU Ready?

Casascius Bar Owner Just Proved Bitcoin's Power. Are YOU Ready?

Picture yourself carrying around a lottery ticket for thirteen years, all the while being told it could eventually be worth a fortune. Now picture that ticket turns out to be worth millions. Here’s the real story of “John Galt.” Recently, he withdrew 100 BTC from a Casascius bar (a physical...

Casascius Bar: A $10M Lesson on Bitcoin Security Risks & Rewards

Casascius Bar: A $10M Lesson on Bitcoin Security Risks & Rewards

John Galt, a name ripped straight from Ayn Rand's Atlas Shrugged, held a physical Casascius bar containing 100 BTC for 13 years. Today, that Bitcoin would be worth more than $10 million. That may be a fun story, but what can you and I take away from the adventure of...

HIVE's Paraguay Expansion: A Boost for Bitcoin, But What About Paraguay?

HIVE's Paraguay Expansion: A Boost for Bitcoin, But What About Paraguay?

Given the current cryptocurrency boom, HIVE Digital Technologies has been making headlines with its push into Paraguay, which could lead to a major increase in Bitcoin production. Great for them, awesome news for Bitcoin, super duper tremendous — OK let’s tap the breaks for a second. Are we actually thinking...

HIVE's Paraguay Bet: Genius Move or Risky Gamble for Bitcoin?

HIVE's Paraguay Bet: Genius Move or Risky Gamble for Bitcoin?

HIVE Digital Technologies is making waves with its Paraguay expansion, boasting an 18% jump in Bitcoin production in June alone. The company’s target is 12 BTC per day by year-end, powered with highly subsidized hydroelectric power. Before we declare this a big win, pump the brakes, and add some realism...

Bhutan's Bitcoin Gamble: Genius Move or Economic Time Bomb?

Bhutan's Bitcoin Gamble: Genius Move or Economic Time Bomb?

Bhutan, the land of the Thunder Dragon, is well known for its Gross National Happiness. In the meantime, it bides its time on a growing mound of Bitcoin. Over 13,000 BTC, to be precise. That’s about 27x as much Bitcoin per capita as the U.S. Let that sink in. They're...

This Casascius Bar Move Proves Bitcoin's Future is Brighter Than Ever

This Casascius Bar Move Proves Bitcoin's Future is Brighter Than Ever

Picture this — you are holding a bit of history in your hands, a tangible relic of an ongoing digital revolution. Now, picture that same relic, but it’s worth more than $10 million. That’s exactly the predicament “John Galt,” a BitcoinTalk user, experienced with his Casascius bar. You’re carrying around...