bitcoin

Crypto Markets Add Another $8 Billion as Bitcoin Ranges

Bitcoin this year has seen a fairly dramatic fall in price going from almost $20,000 at the end of last year to about $6000 this year. This again resurfaced the idea that the Bitcoin was going to crash in price and inevitably lose all value, however such pessimistic view was [...]

By | 2018-09-04T02:18:27+00:00 September 4th, 2018|Tags: , , , |

Bitcoin Mining in the USA

The revolution of cryptocurrencies was one of the most profitable investments of the 21st century with  Bitcoin going from $6 in January 2012 to almost $20,000 in December 2017, which is a 33,000% return on investment in more than 5 years. Thus creating a new era of crypto millionaires and billionaires [...]

By | 2018-07-31T13:27:07+00:00 July 30th, 2018|Tags: , , , , , , |

Antminer S9 Selling for $600 per Set. A Bargain or a Scam?

Bitcoin has gone through a long and sustained correction phase in 2018 with the price of the Bitcoin going from $20,000 to below $6,000 at its lowest, with the price now appearing to recover and is now holding above the $8,000 mark. However with any piece of negative news, there [...]

By | 2018-07-28T10:51:14+00:00 July 28th, 2018|Tags: , , , , , , , , , |

South Korea Saga Appears to be Ending, Bitcoin Comes Out on Top

South Korea had announced plans to control and regulate the Bitcoin and other cryptocurrencies, with one such option being considered was a ban on the trade of cryptocurrencies themselves. However after much deliberation and drama which saw a senior South Korean official being outed for insider trading with regards to [...]

By | 2018-01-24T11:00:11+00:00 January 24th, 2018|Tags: , , , , , , , |

Why Canada Matters to Bitcoin Miners

China was once a hotbed for cryptocurrencies, ranging from trading to mining due the trade being largely unregulated and traders and miners alike were more or less allowed to do as they pleased in a country which provided infinite cheap electricity. However since 2017 things began to change and regulations [...]

By | 2018-01-13T02:47:54+00:00 January 13th, 2018|Tags: , , , |

Africa Sees a Bitcoin Craze in the Cash Strapped Continent

Cryptocurrencies are gateway currencies for individuals in cash strapped economies, allowing individuals in Nations to access hard currency where it maybe scarce. One recent example of this is in Venezuela which announced its own state backed cryptocurrency to alleviate the problem of a lack of cash in the Nation which [...]

By | 2018-01-10T04:18:04+00:00 January 10th, 2018|Tags: , , , |

UPFIRING (UFR) – Incentivised p2p sharing

Please raise your (virtual) hand if you at least once in your life used any peer-to-peer network to download a movie or a music album. The idea of having another p2p project on the market might not be particularly appealing to most of the consumers. So, what is so unique [...]

By | 2018-01-09T01:21:47+00:00 January 8th, 2018|Tags: , , , |

A Simple Guide to Your Crypto Investment

With an increasing number of people investing in cryptocurrencies, the total market cap is predicted to reach multi-trillion-dollar level in 2018. Some reserved estimations claim that if the bullish trend continues throughout this year, $2bln total market cap is totally achievable by the end of 2018. Others think that [...]

By | 2018-01-08T09:04:24+00:00 January 4th, 2018|Tags: , , |

XTRABYTES (XBY) – The future of blockchain 3.0

Currently, maintaining Bitcoin requires enough energy to supply a small European state. Also, if BTC was to be classified as a country, it would rank 61st in terms of its energy needs (0.13% of global power consumption as of December 2017). What makes Bitcoin so power hungry is the PoW (Proof-of-Work) algorithm [...]

By | 2018-01-08T09:01:29+00:00 January 1st, 2018|Tags: , , |
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