Integrations with telco companies in the U.S. are “almost done,” Girard said in an interview this week, adding that the company is working on integrations in Brazil, in a process that usually takes five months. According to Girard, current regulations in countries such as Brazil and Mexico oblige telecommunications or satellite operators to provide access to companies such as OXIO. Source
Therefore, risk assets, including bitcoin, are likely to take cues from the central bank’s language on inflation and the recent tightening of financial conditions, which could signal willingness to pursue aggressive series of rate hikes in the coming months. Source
Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled. The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever. The new mining setup employs liquid cooling. According to reviewers, it is the most power-efficient among all models of mining equipment from this manufacturer. These hydro cooling rigs are exclusively for usage in Bitmain containers. Bitmain Rig Packs A Punch The newly announced mining rig is dubbed “Antminer S19 XP Hyd.” It boasts 255 terahashes per second (TH/s) of processing power and 20.8 joules…
A fast-moving Bitcoiner has run through 7 of 40 countries on his Bitcoin-powered marathon around the world. Paco the Runner, also known as Paco de la India, set off on Sept. 17, 2021, paying for his entire running trip thanks to all the Bitcoiners around the world. He’s showing that “Bitcoin gives everyone freedom in the way they desire it.” Buying an icicle for Sats early on his journey. Source: Twitter Paco went from “living a lie on the fiat standard,” to traveling the world living off Bitcoin (BTC) only…
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Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority consensus mechanism. The final goal of this project is to move public spending to the network in order to increase the transparency of these fund movements. Brazilian Blockchain Network Advances The Brazilian Blockchain Network, a project that was conceived back in 2018,…
The company plans to hire 60 employees in Brazil by the end of 2022. Source
In the Lightning Network, inbound liquidity is a precious resource. The Galoy Research team detected an irregularity, and, trying to fix it stumbled into a whole business model. Their elegant solution transforms a problem into dollars, which is remarkable. This case reads like a detective novel. Let’s dive in. Related Reading | Lightning Speed: Podcasting 2.0 And Its Relationship With The Lightning Network Liquidity Leechers And Inbound Liquidity In the article “Galoy Research: Self-Balancing Fee Structures for Inbound Liquidity,” the company describes the problem to then lay on us the…
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As sub-Saharan Africa develops, it is becoming increasingly dependent on transportation services – worker and leisure commutes, freight and industrial material transportation, and other movement activities involved in building emerging economies are putting strain on the continent’s logistics. Many new entrepreneurs have seized the opportunity by starting taxi and parcel delivery services of their own. However, the majority of these enterprises rely on cheap motorcycles equipped with inefficient engines. Making up almost half of all vehicles being driven, the pollution emitted by these motorcycles is leading to ecological damage and…