It’s Genesis Block Day. Do You Know Where Your Bitcoin Keys Are?

Today is the eighth anniversary of the bitcoin genesis block, and a lot has happened since the digital currency’s birth. The genesis block was the starting point for the bitcoin blockchain on its path to becoming a revolutionary network for peer-to-peer transfers of value. The Genesis Block. On January 3rd, 2009 Satoshi Nakamoto unleashed the genesis....

13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15 p.m. (EST), and since then more than 700,000 blocks have been mined into existence. Kickstarting the Bitcoin Network Today, bitcoiners and cryptocurrency advocates worldwide are celebrating the 13th anniversary of the Bitcoin network’s launch. On this day, 13 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the genesis block, otherwise known as “block....

Buy crypto currencies or mine it yourself? That's probably the most asked question by everyone who wants to dive into the mining of Alt- or Bitcoins. Many important factors need to be regarded. In addition to the cost of the hardware, you must not forget that electricity costs play a particularly important role. So a supposedly secure business quickly can change into a loss. CCN spoke with the CEO of Genesis Mining, Marco Streng on how the cloudmining provider from Munich became the largest supplier in the scrypt mining scene. The race against the electric meter began already in 2011 for....

On January 3, 2009, at 18:15:05 GMT, Satoshi Nakamoto made history by mining the Bitcoin blockchain's first block-known as the genesis block-for 50 BTC. Now, the Factom team hopes to make history again with the release of their own genesis block, bringing new life to the original ledger. Factom is a protocol and peer-to-peer network which maintains a data layer on top of the Bitcoin blockchain. Network files and applications are distilled to a single numerical hash value via Merkle trees, then inserted into the blockchain via a Bitcoin transaction. This allows a process known as proof of....

Second-layer Ethereum scaling solution OMG Network has been acquired by Hong Kong-based OTC trading firm, Genesis Block. Ethereum-based scaling platform OMG Network has been acquired by the venture subsidiary of Hong Kong-headquartered OTC trading firm, Genesis Block.The acquisition was announced on Dec. 3, with Genesis Block Ventures revealing plans to work with OMG to build “lending and trading platforms” for the DeFi sector.The firm also intends to leverage its connections across Asia’s blockchain industry “to accelerate the development of OMG Network” and foster partnerships throughout....