Tag21 Inc.

$120 Million: Coinbase Buys Earn.com in Largest-Ever Acquisition

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Coinbase has officially embarked on a shopping spree. The San Francisco-based company on Monday announced its second buyout in less than a week, revealing that it had acquired fellow cryptocurrency startup Earn.com, confirming months-long rumors that the two companies were quietly holding such discussions. Terms of the deal were not disclosed, but TechCrunch reports that it provided investors ...

Coinbase in Talks to Acquire Earn.com, Its Biggest Acquisition Ever: Report

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Cryptocurrency brokerage Coinbase is preparing to make the largest acquisition in its nearly seven-year history, sources close to the situation say. Citing people “directly involved with the discussions,” CoinDesk reports that Coinbase is in talks to acquire Earn.com, a platform that allows users to earn cryptocurrency by replying to emails and completing other microtasks such as registering for...

Bitcoin Executive Balaji Srinivasan Meets Trump For FDA Job

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President-elect Donald Trump has met bitcoin startup 21 Inc CEO Balaji S. Srinivasan, one of two contenders to lead the Food and Drug Administration (FDA). The surprising announcement came unexpectedly to both technology and bitcoin communities, mostly because of his contributions to Silicon Valley and to the field of technology. However, as Bitcoin Core contributor Peter Todd noted, Srinivasan...

Grid Vs. Cloud: Earn Bitcoin By Monitoring Environmental Data

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The Internet has fostered the development of machines that can collect sensor-generated data and sell it in return for passive bitcoin payments, 21 Inc stated on Medium. There are presently two paradigms by which this process works: grid computing and cloud computing. The grid refers to a group of heterogeneous machines in offices and homes that different economic actors manage. The cloud refers...

Why 21 Inc.'s Balaji Srinivasan Pays Close Attention To Blockchain Consortiums

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When Balaji Srinivasan talks, people listen. As a co-founder of 21 Inc., the company that has raised more money in the cryptocurrency space than any, Srinivasan naturally gains attention when he talks about cryptocurrency’s future. He recently set off a volley of engaging comments when he tweeted about one of the most contentious cryptocurrency topics – private blockchain consortiums. Srinivasan...

21 Inc's Bitcoin Computer Now Available In Europe

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21 Inc just announced that the 21 Bitcoin Computer is shipping to 32 countries across Europe. After last year's $116M round,  21 Inc was flying high. But with big money comes big expectations. They did not disappoint with the release of the 21 Bitcoin Computer late last year. In regards to the release Balaji Srinivasan, CEO of 21 Inc said, “With this pocket-sized device, if you are an...

21 Inc Unveils a Bitcoin Transaction Fee Prediction App

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21 Inc, best known for developing its bitcoin computer has launched a free web application that would help bitcoin users determine the fee required to confirm a transaction in a given amount of time. The app and service, hosted on bitcoinfees.21.co, offers real-time figures to show relevant fee amounts that are being paid on the bitcoin network. The service also shows the expected times for...

21 Bitcoin Computer Is Available for Purchase Using Bitcoin

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The 21 Bitcoin Computer is now available for purchase in Bitcoin at its equivalent value to $399.00 USD on its official website. The latest billing option which allows purchase with Bitcoin also comes with added privacy and security in mind. The company does not ask for a name on the address and will send to a P.O. Box labeled simply for “Postal Customer.” This nuanced approach to billing and...

21 Inc. Files a Patent for 'Digital Currency Mining Circuitry'

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Bitcoin startup 21 has applied for a patent for mining circuitry that “may be used to mine digital currency such as bitcoins,” with the US Patent and Trademark Office (USPTO). The submission, originally filed in April last year by the startup that recently released a $400 bitcoin computer, was published as a submission by the USPTO on October 15, 2015. The filing lists the following names as...

Why the 21 Bitcoin Computer Won’t Be The Future Of Micro Payments

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The highly-anticipated 21 Bitcoin computer, which has the bitcoin protocol as part of its operating system, has been touted as a long-hoped-for solution to enabling micro transactions over the Internet. But one technology observer has voiced doubts about this based on the amount of power the device will require. Timothy B. Lee, a senior editor at Vox Media, wrote an extensive article why the 21...

Could The 21 Bitcoin Computer Centralize Bitcoin?

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The Bitcoin startup 21 Inc., backed by venture-capital firm Andreessen Horowitz, has garnered much press attention over the release of its first product. The product, a small Linux computer wherein the Bitcoin protocol is part of the operating systems, has concerned some Bitcoin experts, who suggest the product could allow 21 Inc. to accumulate mining power. The company is excited about the...

21 Inc. Unveils a New $400 Bitcoin Computer

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Bitcoin startup 21 Inc. is releasing its first ever consumer product – a tiny, Linux-operated computer that is both a bitcoin miner and allows users to buy, sell and rent products for Bitcoin. 21 Inc. has developed a diminutive $400 computer that is equipped with a WiFi adapter, a 128 GB SD card that includes the factory-installed copy of the Bitcoin blockchain and a custom version of Linux, the...

Investment In Bitcoin Surpasses The Early Internet’s By 25%

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Investment in bitcoin is outpacing that of the early Internet by almost 25%, according to a report today by the International Business Times, a London, U.K.-based newspaper. Venture capitalist investment in bitcoin startups is projected to be $786 million in 2015, compared with $639 million in Internet companies in 1996, the report noted. The venture capital investing includes the $116 million...

Breaking: 21 Inc Releases New Bitcoin Mining Chip for Smartphones

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2015 might be the year of the Bitcoin start-up 21 Inc. The record-holder for the most well-financed Bitcoin company in history, 21 Inc.'s $116 million venture capital treasure chest is now starting to bear fruit. Today, 21 Inc. has released plans for their new and revolutionary Bitcoin mining chip called the 21 BitShare, according to the Wall Street Journal. The Age of Mobile Mining is About to...