Bitcoin Mining is a Family Business for This Father and Son
In Raleigh, North Carolina, a father-and-son team are bucking the trend of industrial bitcoin mining. Bitcoin mining is a highly energy intensive process in which competing parties race to add the next block or batch of transactions to the blockchain. The reward for doing so is 12.5 BTC – just under $7,700 at a bitcoin price of $615. It’s that pursuit for fresh bitcoins that led Jason Gantt and his father Vernon to pursue a mining operation of their own. They operate two bitcoin mines out of their respective homes, with a third one currently under construction. In some ways, the North....
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Last night during The Simpsons and Family Guy crossover for their special, hour-long episode, Bitcoin made a small shout-out on a billboard gag. As seen below, the gag features Springfield's beloved bully, Jimbo Jones. There was no mention of Bitcoin throughout the rest of the episode. Peter Griffin, the father from Family Guy, met Homer Simpson, the father from The Simpsons, and had hilarious lines of dialogue.? At one point, the two were drinking beer together. Laden with subtle hints of criticism that Family Guy is just a rip off, the conversation turns to the differences between Duff....
Shivcharan Singh Maran, a father of a small household who died at the age of 93, left 50,000 rupees, hereinafter Rs, in 500 Rs banknotes for his family before he passed away. The bundle of cash worth $750 was rejected by the Reserve Bank of India (RBI) because 500 banknotes were previously demonetized by Indian Prime Minister Narendra Modi. Strategy for the government, tragedy for the famil. Mastan, the son of Shivcharan, discovered a bundle of cash amidst cleaning the room of his father after his death. The bundle of cash was found in sets of 500 Rs banknotes hidden in a closet of the....
Bitcoin and the asset class of cryptocurrencies, despite increased acceptance and adoption, are a polarizing subject. These technologies are either lauded as the future of finance, while others call it a bubble, a Ponzi scheme, and much worse. A recent battle between a well-known father and son duo in the finance space, has spilled into a public platform for the entire world to see. Here’s a breakdown on what’s behind all the family drama, and […]
Meet “The Bitcoin Family” that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a wife and three kids. They are known as the family that liquidated all their assets in 2017 to buy Bitcoin back when it was trading at around $900. Taihuttu is a true example of a Bitcoin enthusiast. According to him on his website, after losing his mother, and later his father, he “started reflecting life more and more and discovered that the life I was living was not the life I wanted to live. I experienced that Life could go very fast and that I needed to....
A son has been arrested and sentenced in a crypto crime that almost left his father dead. The son who had wanted to get his hands on his father’s crypto holdings but could not do so without getting access to his phone had turned to drugging his father and taking the phone off him. The […]