Venezuela’s Blackout and Bitcoin’s Electricity Requirement: Is This BTC Weakness a Back Breaker?

2019-3-19 17:23

After the blackout experienced by Venezuela a few days ago, Bitcoin (BTC) transactions dropped around 40%, according to Professor Steve Hanke. He wrote on Twitter that since the blackout hit Venezuela, transactions on the Bitcoin network fell massively.

Frances Coppola, a banking expert, added that the problem with Bitcoin is that it needs electricity. Critics […]. origin »

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bitcoin venezuela blackout transactions btc electricity fell

Источник: bitcoinexchangeguide.com

bitcoin venezuela → Результатов: 126


In Venezuela mining Bitcoin, other cryptos is a way to 'generate income effortlessly'

Bitcoin has emerged as an alternative form of currency in some parts of the world, while the rest are still trying to find ways to control and comprehend its scope. Venezuela is among the few countrieThe post In Venezuela mining Bitcoin, other cryptos is a way to 'generate income effortlessly' appeared first on AMBCrypto.

2021-9-6 01:00


Фото:

Venezuela Holding Bitcoin to Skirt US Sanctions Is Not Bullish: Prominent Analyst

You have to love it when the mainstream press talks about Bitcoin. Bloomberg broke the news that Venezuela has Bitcoin and ‘doesn’t know what to do with it’. Bitcoin as a Central Bank Reserve They also go on to say that: Venezuela’s central bank is running internal tests to determine whether it can hold cryptocurrencies in its coffers.

2019-9-27 15:00


Фото:

Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them

The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.

2019-9-26 18:52


Фото:

P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month.   Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable hyperinflation that rivals that of the Zimbabwe dollar in the 1990s.

2019-8-20 14:00


Фото:

Canadian Bitcoiner Scams the Scammer, Donates Proceeds to Bitcoin Venezuela

Ben Perrin, a Calgary-based bitcoin enthusiast who runs an educational YouTube channel dedicated to enlightening the masses on all things cryptos, has succeeded in beating scammers in their own game and he’s donated the proceeds to Bitcoin Venezuela, a platform that helps Venezuelans buy groceries with cryptos, reports CBC on August 7, 2019.

2019-8-8 23:00


Bitcoin Applauded For Its Associated Initiatives In Venezuela By Open Money Initiative CoFounder

Bitcoin Applauded For Its Associated Initiatives In Venezuela Many supporters of the digital currency have always advocated for the use of cryptocurrencies as a daily mode of transaction. Bitcoin and other digital assets in Venezuela have been on the rise largely due to the drastic economic and political collapse in the country. Recently, during a […]

2019-5-23 19:33


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Venezuela: First Bitcoin ATM Opens ‘In 2 Weeks’ Amid Localbitcoins Shutdown Reports

Venezuela, the country seeing new Bitcoin trade volume records on an almost weekly basis, is to get its first ever Bitcoin ATM. Cryptobuyer: ATM Already In Caracas In an interview with local radio and news media network Union Radio, Jorge Farias, CEO of Panama-based Cryptobuyer, said the machine had already arrived in the country’s capital Caracas.

2019-1-19 23:00


New Apollo Mixer Crypto Tool Makes Coin Mixing Untraceable via Encrypted Transactions

In a moment in which privacy is more vulnerable than never before, Apollo Mixer can be a great ally for individuals searching to safeguard their data. Indeed, there are some countries such as China or Venezuela in which institutions know (almost) everything what people do, including with their money. Bitcoin (BTC) became an important tool […]

2019-1-6 03:19


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Church’s Chicken Starts Accepting Dash in Venezuela

Dash went to Twitter on December 12 to announce that the Dash cryptocurrency started being accepted as a new method of payment in ten Church’s Chicken locations in Venezuela. According to the announcement, Customers of the local church chicken franchise in Venezuela can now order food and opt for Dash to settle their orders, by […] Church’s Chicken Starts Accepting Dash in Venezuela was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-12-17 17:29


Фото:

What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.

2018-12-1 22:18


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