How long does it take to mine 1 Bitcoin?

Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?

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Crypto for Advisors: Bitcoin’s Supply Reduction

What does Bitcoin’s fourth halving mean, and why does it matter?

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Bitcoin (BTC) Has To Take One Of These Paths To Get To $150,000 Price

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Does another Bitcoin crash seem likely?

Bitcoin’s 24-hour trading volume declined by more than 20% while its price moved marginally.  BTC's open interest increased, suggesting the current price trend might continue for longer. The post Does another Bitcoin crash seem likely? appeared first on AMBCrypto.

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Bitcoin [BTC] unable to breach $29.8k: Where does the next support zone lie

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Short-term selling pressure saw Bitcoin faThe post Bitcoin [BTC] unable to breach $29.

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Is a Bitcoin miner the same as an Amazon server and why does it matter?

The Bitcoin Mining  Council, led by Michael Saylor, has hit back at a US Congress group that petitioned the Environmental Protection Agency to criticize proof of work mining. The post Is a Bitcoin miner the same as an Amazon server and why does it matter? appeared first on CryptoSlate.

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Bitcoin And How To Separate The Wheat From The Chaff

Bitcoin comes amidst a time of great noise and distraction; how does one identify and extract true signal?

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The U.S. Government Does Not Respect Autonomy. Bitcoin Does.

The U.S. government wants to neglect the free will of the markets and Bitcoin is the only way to opt out.

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BlackRock chairman ‘more in the Jamie Dimon camp’ on Bitcoin, praises crypto

In fresh, albeit mixed, comments on Bitcoin, Larry Fink reiterated excitement about the future of cryptocurrency — and does not dismiss the idea that the success story could be BTC.

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Does Bitcoin have a 'bullish ace up its sleeve?'

The price of Bitcoin, the world's largest cryptocurrency, has been in a state of consolidation, which has left many investors pondering if Bitcoin will recover this cycle? If Yes, then when? The paThe post Does Bitcoin have a 'bullish ace up its sleeve?' appeared first on AMBCrypto.

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Does Bitcoin have a favorite day of the week?

Bitcoin has grown by leaps and bounds over the past three months, with its returns extremely inviting for most. This is one of the reasons why Bitcoin has been able to attract investors, despite the pThe post Does Bitcoin have a favorite day of the week? appeared first on AMBCrypto.

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Cryptocurrency News Roundup for May 28, 2020

Bitcoin broke through the major resistance between $9,200-$9,350 on Thursday and made it past $9,500. The mini-rally came barely a day after a leaked document showed that not only does Goldman Sachs advise clients against investing in Bitcoin, but it doesn’t even count cryptocurrencies among legit asset classes.

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Does Bitcoin's layered solutions threaten its competition or its decentralization?

While Bitcoin was initially positioned as the future currency that would make traditional fiat currencies obsolete, the king coin's decentralized nature and its consensus mechanism have stood in the wThe post Does Bitcoin's layered solutions threaten its competition or its decentralization? appeared first on AMBCrypto.

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Does Bitcoin represent the much-needed 'honest money' in 2020?

During the course of the decade, Bitcoin has had quite a few ups and downs. However, today it has cemented itself as a worthy competitor to the likes of gold, emulating much of the monetary metal's quThe post Does Bitcoin represent the much-needed 'honest money' in 2020? appeared first on AMBCrypto.

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What is Bitcoin?

This simple explanation for your six-year-old may help you if you still can’t figure out what the heck a bitcoin is. What is bitcoin? Bitcoin is a decentralised virtual currency. This means neither does it exist in the physical world, nor does it have a central bank that issues it.

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Does The Price Plunge Prove Bitcoin is Uninfluenced by Macroeconomics?

When the US Federal Reserve started its program of repo agreements to help out banks in trouble, many foretold the beginning of another financial crisis. As more dollars get printed and injected into financial markets, its depreciation increases and further pressure is put on the global economy.

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Bitcoin Called "First Successful Application of Blockchain" by State-Run Chinese Newspaper

China is gradually warning to the crypto industry. Does it mean that the infamous Bitcoin ban could be lifted?

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Bitcoin Moon Or Downhill Ride Again? BTC Overbought Levels Near 2017 Peak – What Does It Mean For Crypto Investors?

The recent Bitcoin surge has managed to push the market to fresh 4-month highs above the $5200 level. The… The post Bitcoin Moon Or Downhill Ride Again? BTC Overbought Levels Near 2017 Peak – What Does It Mean For Crypto Investors? appeared first on Invest In Blockchain.

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Out of 460 Million Bitcoin Addresses only 37% are Economically Relevant, What does that Mean?

The bitcoin and cryptocurrency ecosystem is far and wide as it’s 24/7 global economy. Literally anyone in the world… The post Out of 460 Million Bitcoin Addresses only 37% are Economically Relevant, What does that Mean? appeared first on Invest In Blockchain.

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Out of 460 Million Bitcoin Addresses Only 37% Are Economically Relevant — What Does That Mean?

The Bitcoin and cryptocurrency ecosystem is far and wide as it’s a 24/7 global economy. Literally anyone in the… The post Out of 460 Million Bitcoin Addresses Only 37% Are Economically Relevant — What Does That Mean? appeared first on Invest In Blockchain.

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Bitcoin cesspool: Bitcoin SV overtaking Bitcoin Cash (BCH) but does anyone care?

Locking horns since November 15th, with no winner in sight. Even if one of them wins this nonsense fight, what does he get aside of ego massage and empty pockets? The hashwar was one of the most illogical head bumping between two camps who missed the memo: they are both completely irrelevant in the broader […] The post Bitcoin cesspool: Bitcoin SV overtaking Bitcoin Cash (BCH) but does anyone care? appeared first on CaptainAltcoin.

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BTC Price Drops Below $5,000 — Where Does Bitcoin Go From Here?

It appears that the great reckoning has arrived: the long-anticipated time when Bitcoin and the cryptocurrency market’s excessive hype… The post BTC Price Drops Below $5,000 — Where Does Bitcoin Go From Here? appeared first on Invest In Blockchain.

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Bitcoin in blunt: copyright infringer, Numerology, and Nano Does a No-No

Also read: Craig Wright Referenced as Satoshi in Chinese University Textbook Oh No Nano! Yesterday was a big day for free transactions altcoin Nano: its Android wallet was released. Nano holders have been hurting enough, in other words, without this latest debacle to deal with. Nic Carter decided to spend the evening calculating how many

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Bitcoin in Brief: Plagiary, Numerology, and Nano Does a No-No

From the serious to the ridiculous, today’s edition of Bitcoin in Brief has got it all, and by “all” read “a varied selection of crypto-related topics numbering no less than four and no more than six.

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Economic Research Institute: Bitcoin is Less Volatile Than Other Cryptos, Sign of Maturity

American Institute For Economic Research (AIER), an independent 501 economic research institute that does not represent any fund or special interests, has reported that Bitcoin, the most dominant cryptocurrency in the global market, has significantly and consistently been less volatile than other digital assets since 2013.

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Bitcoin Has No Inherent Value? Trump Proves it Does

Robert Reich, an economist who has served under 4 presidents, has an interesting article up on his site right now. He points out that right now the US is already in a constitutional crisis. We’re not waiting for one to happen when Trump fires Mueller; no, we’re in the midst of one right how as […]

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Goldman CEO Strikes a Surprisingly Optimistic Chord About Bitcoin’s Future

Lloyd Blankfein, CEO of Goldman Sachs, spoke at the Economic Club of New York on Tuesday and struck a surprisingly optimistic chord for Bitcoin. The banker said that he does not rule out the possibility of a future for the largest digital currency.

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Why the Cryptosphere Is Losing Its Mind Over This 18-Digit Number

00000000000000000021e800 – that’s 18 zeros followed by 21e8 and another two zeros – doesn’t look particularly remarkable. Nor does 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, which is the complete hash it’s associated with.

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Dismissing Bitcoin is ‘Too Arrogant,’ Says Goldman Sachs’ CEO

While Lloyd Blankfein doesn’t own any bitcoin himself — nor does his American multinational investment bank and financial services company — the CEO of Goldman Sachs still believes that critics shouldn’t dismiss the first and foremost cryptocurrency’s future.

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Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee

Charlie Lee says that recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of gold

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Bitcoin [BTC], Litecoin [LTC], Ethereum [ETH], Bitcoin Cash [BCH], Zcash [ZEC] now accepted by Freedom of the Press Foundation

Freedom of Press, on June 18th, tweeted that it will accept donations in five cryptocurrencies – Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and ZCash. It was founded for the purpose of protecting and defending the adversarial journalism and does so through crowdfunding, digital security, and internet advocacy.

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UK Lags Behind in Cryptocurrency Education

UK’s Department for Education isn’t immediately introducing cryptocurrency courses as part of school curriculum. The department did not exactly have any qualms regarding cryptocurrency, but it didn’t have any plans for it either.

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Kosovo Offers Inexpensive Cryptocurrency Mining

Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region.

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Litecoin (LTC) Consolidates Above $90, Eyes A Break Past $100 In The Days Ahead

Litecoin (LTC) continues to be an investors’ favorite in the crypto community. Despite the recent improvements to Bitcoin (BTC) and the growing use of Bitcoin Cash (BCH) to transfer funds to and fro, the significance of Litecoin (LTC) does not seem to be affected at all.

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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.

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Does Bitcoins Price Drop Make It More Likely To Hit $20,000?

Bear with us, but could the current low price for Bitcoin mean that Bitcoin is inadvertently more likely to hit $20,000. 00? Put it this way, with the price of Bitcoin sinking to new lows, it is becoming cheaper and cheaper to buy a slice of Bitcoin action.

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SEC States Bitcoin and Ethereum Are Not Securities, Favorable Tax Implications

This article does not contain tax advice, investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. William Hinman, the Securities and Exchange Commission’ director of the division of corporate finance said Thursday that ether—the currency that powers the Ethereum network—shouldn’t be regulated in […]

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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

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Jeff Garzik on His Newest Venture and Keeping Time With an Evolving Space

Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.

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William hinman says ethereum is not a security and crypto market rebounds after sec’s

This follows the news from the US SEC which does not consider Ethereum a security. And, as with Bitcoin, applying the disclosure regime of the federal securities laws to current transactions in Ether would seem to add little value,” Hinman explained.

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Bearish bitcoin does not deter Two Chinese mining-machine makers from locking horns

Bitcoin, the industry’s benchmark cryptocurrency, may be bearish in its trading scope, but it does not deter two Chinese crypto machine-making giants, to lock horns in battle in a bid to gain market hold.

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Where does ripple go from here? How do we stop 51% attacks?

But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s statement leaves XRP and examine a proposed solution to 51% attacks.

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The Genesis Files: If Bitcoin Had a First Draft, Wei Dai’s B-Money Was It

All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.

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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work

There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.

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Totally absurd? William Shatner recommends weird Bitcoin solar-powered mining

Star Trek stalwart William Shatner has become the latest celebrity to champion Bitcoin by endorsing a solar-powered mining project in Illinois. How does mining operate, again?’ The concepts are really strange, and yet when you begin to grasp it, it makes sense.

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SEC Director of Corporate Finance: Ether Is Not a Security

In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.

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Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin

A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.

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New Coinbase Additions: Ethereum Classic and Crypto Index Fund

Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.

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Op Ed: Scaling Capital Market Adoption of Blockchain Technology With SHA-3

The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.

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