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Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform

Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin. дальше »

2018-8-17 08:00


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Mining startup dumps unprofitable users, blames it on Bitcoin price drop

Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »

2018-8-16 16:34


Multi-Million Dollar Bitcoin Transfer to Suspected BitMEX Wallet Raises Manipulation Concerns

Controversy has begun on Twitter as approximately 18,000 Bitcoins (BTC) were recently transferred to a wallet suspected to be tied to popular cryptocurrency derivatives platform BitMEX. The large transfer, currently totaling $114 million in value, is leading some to think BitMEX might be involved in a suspected market manipulation scheme, CryptoGlobe reports. дальше »

2018-8-15 20:36


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Predicting When A Bitcoin ETF Will Be Approved

Bitcoin ETF, it’s been the word(s) of the day throughout the whole of July and August, there’s a good reason for that too. Within Bitcoin ETF decision making, the United States Securities and Exchange Commission (SEC) the authority making the decisions, have an awful lot of power with regards the value of Bitcoin and subsequently, the rest of the markets too. дальше »

2018-8-15 16:30


Cryptohomie Who Spent Almost $150,000 on Altcoins Sees 85% Loss

A crypto enthusiast who took out a six-figure loan to purchase cryptocurrencies has seen them lose almost 85% of their value. Investment Lost with NEO, Stellar, Litecoin, Ethereum, and Others On Monday, Reddit user “Cryptohomie,” a 32-year-old living in Abu Dhabi, UAE, posted a photo of his bank repayment schedule to the cryptocurrency subreddit, according to News. дальше »

2018-8-15 04:00


Turkey’s Currency Instability Pushing People to Bitcoin

Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced with an economic crisis and […] дальше »

2018-8-14 18:00


CoinShares Crypto Strategist Says Bitcoin Value Will Grow Despite Investors’ Current Worries

Bitcoin Will Grow Says Cryptocurrency Advocate Bitcoin has been in a bear market that has influenced the prices in a negative way. Today, the market has changed a lot, it is not the same as in December 2017, the sentiment is totally negative and future prospects are not so bright. But the cryptocurrency advocate Meltem […] дальше »

2018-8-14 09:11


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We need to stop glorifying innovation. Here’s why.

In the United States, and to a lesser extent around the world, we’ve been glorifying innovation for the past century or more. But if we want to create a balanced society, which can sustain itself while continuing to progress, it’s time we come to terms with the reality of innovation, and stop neglecting the other components of a productive, progressive society. дальше »

2018-8-13 21:30


Bitcoin Shown to be Less Volatile Than Turkish Lira Amid Turkey’s Economic Crisis

Turkey is currently undergoing its second serious economic crisis since 2017, as the country’s national currency has lost approximately 30 percent of its value in the last month. The Turkish Lira has been subject to so much volatility in the last two weeks that it’s “making Bitcoin look tame by comparison,” reports Bloomberg. дальше »

2018-8-13 20:29


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Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX

In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the […] The post Exchanges Round-Up: Chinese Court Backs Coinnice Repatriation, CZ Demos Binance DEX appeared first on Bitcoin News. дальше »

2018-8-13 12:50