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Bitcoin’s Golden Future
Bitcoin's Golden Future Could bitcoin be the next gold?The idea has a lot of intuitive appeal. Gold bugs and bitcoin fetishists tend to share a deep distrust of fiat currency and the nation state, an impregnable bullishness about their favored asset class, and an obsessive attention to details of market movements combined with a blithe […]
Venezuela Cracks Down On Cryptocurrency Mining
Venezuela Cracks Down On Cryptocurrency Mining Cryptocurrency mining has become an important source of income in Venezuela, a country ravaged by hyperinflation, but it has also become hazardous as police are cracking down on people they suspect of using too much electricity. Venezuelans have turned to cryptocurrencies as inflation has ravaged the official bolivar, […]
Bitcoin Price Nears $5,000; YTD Growth Exceeds 400%
Bitcoin Price Nears $5,000; YTD Growth Exceeds 400% 2017 has been a breakout year for bitcoin and the cryptocurrency ecosystem as a whole. Now, as the bitcoin price approaches $5,000, it’s an excellent time to look back at the trials and triumphs that have contributed to this 400% YTD rally. Global Adoption & the Road […]
Ethereum, Bitcoin Prices Rally Despite Sluggish Market
Ethereum, Bitcoin Prices Rally Despite Sluggish Market Bitcoin and ethereum continued to rally on Wednesday, pushing the total value of all cryptocurrencies higher even as the wider markets were mostly red. The bitcoin price punched through $4,500 to set a new all-time high, while the ethereum price looks poised to make a record-setting run of […]
Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It
Cryptocurrency Mining – What It Is, How It Works And Who's Making Money Off It NVIDIA Corporation's second-quarter earnings released earlier this month, though exceeding expectations, elicited cautionary reaction from the investor as well as analyst communities. Traders bid down the stock by over 5 percent on Aug. 11. One of the reasons cited […]
Get started in cryptocurrency with this beginner’s directory
Get started in cryptocurrency with this beginner’s directory The wonderful world of cryptocurrency has grown from a budding idea to a full-fledged market bonanza. Hopefully you’re savvy to the terminology and ready to start putting your money where your technology is. This directory should provide you with the basic starting points to begin building your […]
Bitcoin Price to Reach $6,000 in 2018, Predicts Wall Street Strategist
Bitcoin Price to Reach $6,000 in 2018, Predicts Wall Street Strategist The bitcoin price pulled back from its all-time high this weekend, weighed down by a bitcoin cash price surge and disagreements over the SegWit2x scaling proposal. However, Wall Street strategist Tom Lee believes that the long-term prospects of the bitcoin price remain quite […]
China’s Cryptocurrency Mining: Capital, Costs, Earnings
China’s Cryptocurrency Mining: Capital, Costs, Earnings Most Bitcoin mining operations are in China. As of July 2017, it is estimated that almost 70 percent of all Bitcoin mining is located in China. Cryptocurrency mining, like other forms of businesses, needs capital to start and runs at an operation cost. Briefly, the startup cost includes the […]
Forget oil, Russia goes crazy for cryptocurrency
Forget oil, Russia goes crazy for cryptocurrency MOSCOW (AFP) – Standing in a warehouse in a Moscow suburb, Dmitry Marinichev tries to speak over the deafening hum of hundreds of computers stacked on shelves hard at work mining for crypto money. "The form of currency we are used to is about to disappear," predicts […]
Understanding Cryptocurrency – How It Works, What Drives It, Should You Buy It
Understanding Cryptocurrency – How It Works, What Drives It, Should You Buy It Cryptocurrencies have caught on in the mainstream and have made thousands of people millions of dollars. The most recent boom of Bitcoin now means that if you had invested just $500 8 years ago, you would now be a multi-millionaire. This […]