ESPN reported on April 1st that the St. Petersburg Bitcoin bowl had reached an agreement with Bitpay to dissolve their contract early and that the Bitcoin bowl was only a one time thing. “The decision to rebrand the event to the St. Petersburg Bowl was a mutual one between both BitPay and ESPN.” Theres no doubt that this bowl game event was a large move on Bitcoins part to get as much promotion it could out of the bowl game. Other bowl game representatives have said they have no reason to think that Bitcoin will not be back as an official sponsor.
Free for Amazon Prime members. You can now stream “The Rise and Rise of Bitcoin”
A computer programmer becomes fascinated with the digital currency Bitcoin, and through his involvement in the Bitcoin community, we learn about the impending global impact of this amazing new technology.
You can watch through this link here: The Rise and Rise of Bitcoin.
Have you ever wondered what it takes to mine a significant amount of Bitcoin? This video below shows a secret Chinese Bitcoin mine that runs in an old repurposed factory which is one of six sites owned by the secret group. Between the six sites they gross roughly $1.5 million dollars worth of Bitcoins!
Overstock.com announced yesterday that they will soon be offering Bitcoin only sales and discounts. By doing this, they are hoping that they can help kick-start new user adoption to get into the digital currency world. By getting Bitcoin out of the “this is for geeks only” mentality and into the hands of people like my parents. This is what todays biggest challenge is for the entire digital currency world. If they can create something where regular people can get comfortable with the ease and security of Bitcoin, cryptocurrency will then make sense to the world as the next logical step in the financial market.
As I finish typing this, Bitcoin has a price of $242.66
Have a great week!
