bitcoin

In 2014 Dan Elitzer and Jeremy Rubin introduced the "MIT Bitcoin Project".Christopher A. MaynorJeremy Rubin was studying computer science and electrical engineering in his sophomore year when he decided to give $ 100 worth of bitcoin to…

Didi Taihuttu, along with his wife and three children, liquidated all of their assets and bought Bitcoin in 2017 when it was still trading at around $ 900. Now the Dutch family of five is securing most of their crypto assets in secret…

For years, the IRS has taken a chunk of crypto mining revenue from all U.S. taxpayers. But one company is now trying to help crypto miners shield mining gains from taxes by letting them transact within an individual retirement account, or…

Overseas-resident Russian Katie Ananina has spent the past three years helping people evade taxes on their Bitcoin profits. It's all part of their mission to teach the man one tax evasion case at a time.As the name suggests, Plan B…

Bitcoin mine on the edge of the Tibetan Plateau near Sichuan, China. The mine is strategically located next to a hydraulic power generator.Getty ImagesIt just got a lot easier and more profitable to mine for Bitcoin.The world has known for…

The reflection of bitcoins in a computer hard drive.Thomas Trutschel | Photo library via Getty ImagesBitcoin continued to rally from its annual lows on Wednesday.The cryptocurrency sank below the all-important $ 30,000 threshold on Tuesday…

A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016.Paul Ratje | The Washington Post | Getty ImagesBitcoin sank Monday on reports that China has intensified its crackdown on cryptocurrency mining.The world's largest digital…

SpaceX Founder and Chief Engineer Elon Musk speaks at the 2020 Satellite Conference and Exhibition on March 9, 2020 in Washington, DC.Win McNamee | Getty ImagesBitcoin's price rose to over $ 40,000 on Monday after bullish comments from…

Elon Musk, the CEO of Tesla.Christophe Gateau / Picture Alliance via Getty ImagesElon Musk, Tesla CEO, said Sunday the company will resume Bitcoin transactions once it confirms the miners are consuming a reasonable amount of clean…

The first Bitcoin upgrade in four years has just been approved by miners around the world. It's a rare moment of consensus among stakeholders, and crypto experts tell CNBC that it's a pretty big deal for the world's most popular…