Craig Wright's Bitcoin SV is a 'Total Ghost Town': Analyst

2019-6-25 01:00

Citing data that demonstrates that over 86% of all Bitcoin SV volume originated from just 100 transactions, analyst Kevin Rooke told Twitter that Craig Wright's pet crypto project is a “total ghost town.

” 86. 4% of all Bitcoin SV volume yesterday came from 100 transactions. The BSV network is a total ghost town. Despite that, network value is now $4. 5 billion, up 300% in the last 45 days. Totally insane. pic. twitter. com/5xS2qvNsJc — Kevin Rooke (@kerooke) June 23, 2019 Indeed, the stated purpose of the Bitcoin SV fork is to have the capacity for millions of transactions, making the base layer of

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Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forged Bank Notes

Being fooled into investing in a scam ICO, or in a broken cryptocurrency is heartbreaking, but being fooled into swapping your Bitcoin millions for fake banknotes takes it to a new level. According to new reports, one South Korean businessman has fallen victim of just that, a scam that involved his millions being swapped for €2 million worth of fake banknotes.

2018-8-20 16:00


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Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization. ” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media in recent weeks.

2018-7-17 03:00


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CNBC ‘Fast Money’ Sees Bitcoin Bulls And Bears All In One Segment

In today’s segment of CNBC ‘Fast Money’, the hosts took a look at the current state of Bitcoin, pointing out signals and what they mean for the market going forward. Bitcoin Sees Interest Decline, Is That A Problem? The cryptocurrency market saw an astonishing 2017, with the industry quickly becoming the talk of the town […] The post CNBC ‘Fast Money’ Sees Bitcoin Bulls And Bears All In One Segment appeared first on Ethereum World News.

2018-7-12 06:16


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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.

2018-6-23 07:00