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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Blockstream Raises $210M And Acquires an Israeli Bitcoin Mining Gear Firm

Blockstream has raised funding and acquired mining hardware manufacturer Spondoolies to accelerate its Bitcoin mining capabilities.

by Nicholas Otieno
Aug 24, 2021

CRYPTOCURRENCY

Blockstream Raises $210M And Acquires an Israeli Bitcoin Mining Gear Firm

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