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CLOUD MINING: HOT OR NOT?

Global news
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As Bitcoin continues to soar to new all-time highs, global awareness surrounding cryptocurrencies has exploded. Particularly for newcomers, the idea of mining Bitcoin can sound very attractive at first. After a little research, however, the realities of needing special mining equipment, electricity costs, and technical know-how can be discouraging to many would-be miners. Cloud mining […]

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DEUTSCHE BANK: BITCOIN CRASH AMONG 2018 FINANCIAL WORRIES

Global news
views: 325

The economy globally has continued its strong uptick throughout 2017, partially spurred on by very low interest rates and massive investment into various markets. However, according to Deutsche Bank Chief International Economist Torsten Slok, the major risks for the global economy in 2018 include a crash of Bitcoin. Slok sees huge potential for volatility in […]

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MASSIVE BITCOIN MINING OPERATIONS NOW CAUSING BLACKOUTS

Global news
views: 309

Bitcoin mining operations are consuming up to 31 TWh of energy, surpassing Ireland’s 23 TWh and is more than the power used by 159 countries. By 2020, Bitcoin’s operations are supposedly set to use more electricity than the entire world. Analytics from Digieconomist indicate that Bitcoin’s power consumption ranges within that of countries such as […]

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BITCOIN BECOMES 2ND MOST POPULAR WIKIPEDIA PAGE

Global news
views: 651

Bitcoin reached the second most popular article on Wikipedia Friday and third Saturday, data reveals in a mark of just how ‘mainstream’ the cryptocurrency is becoming. FUTURES LAUNCH GETS WORLD SWATTING UP ON BITCOIN According to Wikimedia Foundation Labs, which lists the most popular page rankings on a daily basis for the nonprofit encylopedia, ‘Bitcoin’ […]

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BITCOIN WON’T BACK DOWN AS CHINA CONTINUES ITS OFFENSIVE

Global news
views: 367

This year saw Bitcoin break records, and it also saw one of its biggest supporters continue their clampdown efforts to aggressively regulate it. As Bitcoin continues to grow in both popularity and price, terms like “clamping down” and “regulation” are getting thrown around more frequently by some countries. Some of this may stem from fears […]

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5 WAYS TO SOLVE THE BITCOIN MINING ENERGY CRISIS

Global news
views: 333

There has been a lot of talk in the news recently about how much energy Bitcoin mining uses and its potential impact on the environment. Today we explore just how much energy Bitcoin mining really uses and 5 possible ways to reduce or offset its power consumption. In 2011, Google revealed that it used enough […]

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Ethereum Classic, Blockchain Investments and Charlie Shrem Freed. Cryptospace News, July 17 – 24

Global news
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Ethereum Classic, Blockchain Investments and Charlie Shrem Freed. Cryptospace News, July 17 – 24 Ethereum hard fork and advent of Ethereum Classic, the ecosystem of bitcoin and altcoins, state regulation and private business’s interest towards blockchain technology, as well as a few stories from the dark side – all in ForkLog’s traditional weekly overview. Bitcoin […]

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Six Best Performing Altcoins of 2016

Global news
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Six Best Performing Altcoins of 2016 Bitcoin’s December rally caused some hype both in the cryptocommunity and in mainstream media, even though the latter has earlier repeatedly predicted  its imminent death. The explanation is obvious: price increase upwards of 100 percent over 12 months is something any investor dreams of. Still, Bitcoin isn’t the only […]

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