Tag: Bitcoin

Alt coins
shares28 views

Concerns Growing Over Crypto Energy Usage

Brian Evans - May 25, 2018

A recent report in the scientific journal Joule has concluded that Bitcoin mining currently consumes as much electricity as Ireland, and is on track to consume .5…

Bitcoin
shares23 views

Bitfury-Backed Group Mined 800 Bitcoins in Q1

Brian Evans - May 24, 2018

Hut 8 Mining Group raised $70 million CAD to invest in mining machines, and mined 828 bitcoins in the first quarter of 2018.

Bitcoin
shares29 views

Bitcoin Price Watch: Currency Stumbles to $7,500

Brian Evans - May 24, 2018

At press time, bitcoin is trading for about $7,500. This is approximately $100 less than where it stood 24 hours ago. While nothing huge, it’s a clear…

Argentina
shares32 views

Argentina’s Banco Masventas Uses Bitcoin to Settle Cross-Border Transactions

Brian Evans - May 24, 2018

Most cryptocurrency enthusiasts have shown an interest in this form of money because of its global appeal. It is the only form of money which can reliably…

Bitcoin
shares24 views

Bitcoin Price Drops to $7,300 as Cryptocurrency Market Correction Continues

Brian Evans - May 24, 2018

The bitcoin price has dropped below the $7,300 mark as the valuation of the cryptocurrency market declined by more than $25 billion, from $350 billion to $325…

Bitcoin
shares31 views

Bitcoin Faces Drop to $7K as Bull Defense Crumbles

Brian Evans - May 24, 2018

Bitcoin looks set to test $7,000 in the next 24 hours, courtesy of a bear flag breakdown on the technical charts.

ASICs
shares45 views

Tech Giant GMO to Roll Out World’s First 7nm Bitcoin Miner

Brian Evans - May 24, 2018

Japanese IT giant GMO Internet is set to roll out the world's first bitcoin mining device based on 7nm chips.

Banco Masventas
shares50 views

Argentinian Bank Drops Out of SWIFT, Favors Bitcoin and Cryptocurrency

Brian Evans - May 24, 2018

According to Toshi Times, Jose Dakak, the principal shareholder of Argentinian bank Banco Masventas, has stated that the bank will drop out from the global financial network…

Adoption
shares29 views

Tim Draper: Blockchain Could Free Individuals From Inefficient Governments

Brian Evans - May 24, 2018

Venture capitalist and investor Tim Draper said that blockchain could create the perfect government bureaucracy

Bitcoin
shares29 views

What Is txTenna?

Brian Evans - May 23, 2018

Even though Bitcoin and other cryptocurrencies are innovative, they all share a major weakness. People who cannot access the internet for whatever reason cannot use these protocols to…