2022-4-23 12:10 |
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support.
Similar to Notcoin - Blum - Airdrops In 2024
2022-4-23 12:10 |
Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support.
Similar to Notcoin - Blum - Airdrops In 2024
Quick Take Bitcoin’s positive difficulty adjustment of 0.12% marks the 12th of 17 such changes this year, demonstrating its resilience in the face of fluctuating energy costs. The positive adjustment comes at a time when Texas, a prominent hub of Bitcoin mining, grapples with soaring electricity prices resulting from an ongoing heatwave, as per CBS […] The post Bitcoin adjusts positively amid Texas heat wave, soaring energy costs appeared first on CryptoSlate.
2023-8-9 15:57 | |
It has been a tough year for Bitcoin miners. 2022 brought the nasty cocktail of rising costs and falling revenue. The former was predominantly affected by spiking electricity costs, while the latter came out of the plummeting Bitcoin price, which has fallen from its peak of close to $69,000 to $17,000.
2023-2-13 14:11 | |
Dr. Ammous, author of “The Bitcoin Standard,” explained how fiat has hidden costs and why Bitcoin represents the next generation of money.
2022-4-11 01:00 | |
Bitcoin continues to be a contentious topic in every possible way. The world's most dominant cryptocurrency has been one of the biggest disruptors in finance over the last decade. However, many concerThe post Does Bitcoin offer enough value to justify its environmental costs? appeared first on AMBCrypto.
2020-3-7 22:30 | |
Bitcoin storage costs have been increasing steadily in the last few years and at the moment it is estimated to be 2.1% per year for Bitcoin, reported BTC developer Tamas Blummer. According to an independent Bitcoin developer and researcher, Tamas Blummer, the costs of storing Bitcoin is mostly overlooked. In a post published by Medium, […]
2019-10-15 00:04 | |
There are a number of costs associated with using bitcoin and while it is still far cheaper than using traditional banks, they still need to be accounted for. Storage of the digital asset also has a cost and it has been rising.
2019-10-14 12:00 | |
Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving. The post Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving appeared first on Bitcoin Magazine.
2019-10-11 19:13 | |
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan.
2019-10-10 06:35 | |
eToro crypto-exchange’s Market Analyst, Mati Greenspan recently featured in an interview to provide a glance within the mysterious crypto ecosystem. While speaking about Bitcoin nearing its 21 million cap, Greenspan highlighted that the current ecosystem incentivises the miners “to deliver the computing power at whatever costs.
2019-10-5 01:30 | |
Segregated Witness (SegWit) transactions on the Bitcoin network have recently increased. According to data taken from the network, the use of SegWit has spiked to 55% in September. This is an optional protocol that helps the blockchain transactions to lower costs because it can accommodate more transactions in a single block. The SegWit protocol creates […]
2019-10-5 00:08 | |
US Bitcoin exchange Coinbase has announced it will introduce new fees which will more than double usage costs for some low-volume traders. Low-Volume Traders Feel The Pinch In a blog post on October 3, officials confirmed that the new fee schedule would apply to all Coinbase Pro users from Monday next week.
2019-10-4 13:00 | |
According to recent statistics, Bitcoin fees — which usually remain among the highest in the industry — have been topped by Ethereum fees. The reason for this might lie in the increased use of Tether (USDT).
2019-10-2 17:09 | |
Crypto miner HIVE sees 140% income rise over FY2018 - CryptoNinjas HIVE Blockchain Technologies Ltd. (HIVE), an operator of cryptocurrency mining facilities, today announced its results for the fourth quarter and full-year ended March 31, 2019 (all amounts in US dollars, unless otherwise indicated).
2019-9-30 16:34 | |
Bitcoin continued to remain in the spotlight today. This time however, it grabbed the attention of crypto-paparazzi for the mining rigs used to mine it. According to a report, overall costs including initiation costs and the rental of older mining rigs still makes BTC mining a profitable venture, with the king coin priced at $10,288.
2019-9-11 23:30 | |
Blockchain progression is stopped short with clogged transactions as exemplified by Bitcoin. From 2017, the rising transaction costs, security risks, delays in transfers and losses in trade opportunities made interests on transitioning businesses to blockchain wane to a standstill.
2019-9-10 15:29 | |
As Bitcoin fights back above five digits and other altcoins move into the green, many crypto enthusiasts are wondering if there are still profits in cryptocurrency mining. If you’re not certain if you can make profits from cryptocurrency mining, the answer is probably ‘no.
2019-9-9 00:01 | |
A Bitcoin developer has built a stateless, QR-air-gapped Bitcoin hardware wallet that allows users to send, receive, and hold their Bitcoin funds. The DIY device costs around $110 to make and was created in order to promote learning about Bitcoin, its security and self-custody.
2019-9-5 14:00 | |
In line with Halifax’s request, Ernst & Young, a “Big Four” multinational professional services firm in charge of QuadrigaCX’s court proceedings has asked a Nova Scotia Supreme Court judge to transfer the case to Toronto, to save costs, according to a local news source, The Star on August 28, 2019.
2019-8-30 23:00 | |
Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity. Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan.
2019-8-28 22:41 | |
According to official news published by the Venezuelan government on August 26, the state-run remittance platform Patria Remesa is officially operational. Crypto Remittances Thousands of Venezuelan migrants fled their homeland years ago to find work and send remittances to their relatives since a few dollars could bear the costs of living.
2019-8-27 17:00 | |
The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain.
2019-8-23 11:00 | |
Bitcoin developers and engineers are continually making improvements to solve critical issues such as scalability and transaction costs. As a result of that, innovations such as SegWit, Lightning Network, and Atomic Multi-Path Payments over Lightning are already in place.
2019-8-22 16:20 | |
Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.
2019-8-14 11:00 | |
Buying bitcoin with Venezuelan Bolivar (VES) costs you $600 more than on global exchanges according to Localbitcoin data. The cheapest bitcoin price in Venezuela is some 160 million VES at... The post Bitcoin at a $600 Premium in Venezuela appeared first on Trustnodes.
2019-8-9 16:50 | |
IBM is partnering with other companies to roll-out a massive blockchain-based program that will improve the supply chain management of 4,000 North American companies. Improved trackability, smaller administrative costs and less risk of fraud are the main benefits provided by the new blockchain-based solution.
2019-8-7 21:00 | |
Cryptocurrency mining farms have been booming in Iran due to its low electricity costs. According to a research conducted by Elite Fixtures, it only costs $3,217 to mine Bitcoin in the Islamic nation using specialized mining hardware, such as the AntMiner S9, the AntMiner S7, and the Avalon 6.
2019-7-23 13:51 | |
In a recent post shared by Bitcoin. com, arguments have been made in relation to how crypto mining activities can help oil companies reduce both their costs and excess oil, where the latter typically goes to waste.
2019-7-20 23:40 | |
Stealing electricity from rural areas in Bulgaria is on the rise, ensuring profitability with zero costs.
2019-7-19 14:55 | |
Let’s be honest – getting into Bitcoin mining can be costly. In fact, quite costly. Both in terms of hardware and electricity costs. Unfortunately, most can’t afford to build their own mining rig early on and their computers are just not good enough since long ago.
2019-7-18 17:52 | |
Bitcoin is no more news, the battle has gone beyond spreading the word, getting people to adopt the new technology. The most valuable cryptocurrency today, bitcoin, worth next to nothing over 10 years ago now costs over $11K per bitcoin.
2019-7-5 23:35 | |
First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc.
2019-7-2 23:00 | |
According to a recent report released by ING on June 24, strong commodity and cryptocurrency prices plus sharply falling US dollar hedging costs should negatively affect the US dollar. The report conducted by ING’s global head of strategy Chris Turner was released as his latest foreign exchange analysis and just after Bitcoin (BTC) surged above […]
2019-6-25 23:40 | |
Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance.
2019-6-21 22:00 | |
Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market.
2019-6-21 18:15 | |
Coinspeaker How Lightning Network Can Help in Bitcoin Adoption?Bitcoin transactions are carried out every day only to find higher costs and longer waiting times for confirming them. Is this all happening because of scalability issues? Here's our vision of how Lightning Network could help.How Lightning Network Can Help in Bitcoin Adoption?
2019-6-10 14:24 | |
Margin lending is a very risky business, regardless of which industry it is performed in. As far as cryptocurrency margin lending is concerned, things are bound to get interesting, albeit not always for the right reasons.
2019-6-7 11:30 | |
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again.
2019-6-6 19:10 | |
Be Warned: Whales Will Trick You Into Selling And Then Sell Back To You At Hefty Costs Not long ago, the crypto market beat back the bears to make a daring emergence from a long crypto winter that had some people almost losing faith with the crypto space.
2019-6-6 21:35 | |
About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees.
2019-5-29 16:58 | |
A man lost $200,000 during a bitcoin investment last year. Wife posted loss to Reddit, announcing plans to divorce husband, against advice to work it out. There is a saying about marriage that any man can take to heart – “happy wife, happy life.” It does not take a lot to make a woman happy […]
2019-5-28 17:58 | |
Ethereum is one of the more interesting blockchain and cryptocurrencies ecosystems next to Bitcoin. Even so, there are genuine concerns over its capabilities to scale or reduce overall transaction costs.
2019-5-27 12:00 | |
Despite abandoning plans to build its own Bitcoin wallet, ABN AMRO is not quite done with blockchain tech. The Dutch banking giant has announced plans to launch a decentralized trade inventory platform in collaboration with Accenture and ING Bank, according to a press release (spotted by CoinDesk).
2019-5-20 18:00 | |
By CCN: It may not have sounded the death knell immediately but the January hacking of New Zealand-based cryptocurrency exchange Cryptopia changed everything forever. Now the crypto exchange which lost NZD$ 23 million (approximately $15 million) in the security breach five months ago has appointed liquidators.
2019-5-15 13:49 | |
By CCN: NFL teams are getting pressure to pay their players in bitcoin, but so far they haven’t budged. It’s unclear why they would push back against a policy that would not only slash costs for the organization but would give NFL players an opportunity to begin saving and growing their earnings before retirement.
2019-5-15 02:30 | |
The crypto bulls are back with a vengeance. After more than a year in the red, Bitcoin is now gaining by double-digit percentages to trade at its current price of $8100. For investors who aren’t already in the market, Bitcoin may feel a little bit expensive at this point. Luckily, there is still an opportunity […]
2019-5-15 17:34 | |
Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so.
2019-5-13 18:34 | |
By CCN: In December 2018, the mainstream media proclaimed the death of bitcoin (BTC/USD) for the millionth time. At that point, the first cryptocurrency dropped by as much as 84% from the all-time high of around $20,000 as the price plunged below mining costs.
2019-5-11 23:30 | |
Chinese crypto exchange Binance suffered a major hack on Tuesday, which the company’s CEO responded to by proposing a rollback of the Bitcoin blockchain to rectify — a suggestion that riled up the community.
2019-5-8 21:39 | |
Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |