Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners
Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.
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Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO
If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
Blockstream raising funds for mining at 70% lower company valuation
CEO Adam Back said the fresh funding will be invested into expanding the firm’s mining capacity.
Blockstream CEO Adam Back talks Bitcoin over a game of Jenga
Back was one of the few people cited in the original Bitcoin whitepaper.
Blockstream dreams up a whole new type of multisig called ROAST
In particular, ROAST has been posited as a signature standard that could work with, and improve, threshold signature schemes such as FROST (Flexible Round-Optimized Schnorr Threshold Signatures).
“DeFi is not decentralized at all,” says former Blockstream executive
Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization.
Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technology
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining.
Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’
“Now is a pivotal point in Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster,” said Samson Mow.
Blockstream raises $16M for its Bitcoin mining STO in a matter of hours
Blockstream allows investors to mine Bitcoin by simply purchasing the Blockstream Mining Note security token.
Blockstream and Macquarie Group launch Bitcoin mining pilot program
The BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives.