Brock Pierce: China Not Able to Hold Control over Bitcoin Mining

Brock Pierce: China Not Able to Hold Control over Bitcoin Mining

Blockchain Capital Managing Partner Brock Pierce said in a recent interview that although there are legitimate concerns with the current state of Bitcoin mining, the blockchain-focused venture capitalist indicated China’s stranglehold on the mining process will not last forever. Pierce was interviewed on the most recent episode of This Week in Startups,....


Related News

Bitcoin Foundation Members Resigning Over Brock Pierce Controversy - Is TBF Necessary?

On May 9th, the Bitcoin Foundation (TBF) announced election results for two new board members to replace Charlie Schrem and Mark Karpeles. Only 102 Bitcoin Foundation members were eligible to vote, of those 31 abstained. Bobby Lee, head of BTC China, was brought on board with 79% approval. Also elected, with 65% approval, was KnCMiner.com co-founder, Brock Pierce. KnCMiner is currently the sole purchaser of TBF's $100,000 platinum membership. As per TBF's announcement, Pierce co-founded three other Bitcoin companies and "angel-invests" in Bitcoin startups. Conspicuously unannounced was....

Brock Pierce Elected Bitcoin Foundation Board Chairman

Venture capitalist Brock Pierce has been named chairman of the board of directors at the Bitcoin Foundation, the digital currency's oldest trade organisation. Pierce was elected to the position by a 3-0 vote Tuesday, with board member Olivier Janssens abstaining. The 34-year-old was nominated by board member and BTC China CEO Bobby Lee, with whom Pierce was elected to the foundation in May of 2014. In interview, Pierce indicated that his role will now be to work with newly appointed executive director Bruce Fenton as he shapes the nonprofit's 2015 strategy and works to create consensus on....

Bobby Lee, Brock Pierce Join Bitcoin Foundation's Board of Directors

Bobby Lee and Brock Pierce have joined the Bitcoin Foundation's board of directors, after coming top in a second round of votes cast by the organisation's industry members. The run-off election featured three candidates, including BTC China CEO Bobby Lee, venture capitalist Brock Pierce and CEO of mobile gift card provider Gyft, Vinny Lingham. The results were particularly close, with Lee receiving 79% approval and Pierce scoring 65% - just 2% above Lingham, who received 63%. With the announcement, Lee and Pierce join a board that includes executive director Jon Matonis, bitcoin chief....

Weekly Altcoin News Update: Brock Pierce Resigns from Mastercoin Foundation and a Nxt Stakeholder Posts a 500 Bitcoin Bounty

Welcome to the CryptoCoinsNews weekly altcoin news update, where we examine important altcoin stories that have gone under-the-radar. This week's article examines Brock Pierce's resignation from the Mastercoin Foundation and a huge Bitcoin bounty offered by a Nxt user whose coins were hacked. Brock Pierce Resigns from Mastercoin Foundation. Controversial Bitcoin Foundation board member and Realcoin founder Brock Pierce has resigned from his position as Mastercoin Foundation board member. Pierce was one of Mastercoin's first investors and has been very involved in the project's development.....

An In-Depth Interview With Brock Pierce

Brock Pierce is a well known member in the Bitcoin community. Pierce is a venture capitalist and serial entrepreneur that has been involved with online technology and software since the 90’s. Pierce has been involved with Bitcoin since the beginning, taking on many roles in various organizations throughout the industry. Most notably, Pierce is the....