Tag Archives: bitclub network

What you need to know about the latest Bitcoin boom

What you need to know about the latest Bitcoin boom   You may have noticed reports about Bitcoin’s value recently – its price is headed into the stratosphere. The crypto-currency’s recent meteoric price rise over the summer has seen one Bitcoin go from being worth $1,500 in early May to more than $5,000 over the … Continue reading What you need to know about the latest Bitcoin boom

Venezuela Cracks Down On Cryptocurrency Mining

Venezuela Cracks Down On Cryptocurrency Mining   Cryptocurrency mining has become an important source of income in Venezuela, a country ravaged by hyperinflation, but it has also become hazardous as police are cracking down on people they suspect of using too much electricity. Venezuelans have turned to cryptocurrencies as inflation has ravaged the official bolivar, … Continue reading Venezuela Cracks Down On Cryptocurrency Mining

Bitcoin Price Nears $5,000; YTD Growth Exceeds 400%

Bitcoin Price Nears $5,000; YTD Growth Exceeds 400% 2017 has been a breakout year for bitcoin and the cryptocurrency ecosystem as a whole. Now, as the bitcoin price approaches $5,000, it’s an excellent time to look back at the trials and triumphs that have contributed to this 400% YTD rally. Global Adoption & the Road … Continue reading Bitcoin Price Nears $5,000; YTD Growth Exceeds 400%

Ethereum, Bitcoin Prices Rally Despite Sluggish Market

Ethereum, Bitcoin Prices Rally Despite Sluggish Market Bitcoin and ethereum continued to rally on Wednesday, pushing the total value of all cryptocurrencies higher even as the wider markets were mostly red. The bitcoin price punched through $4,500 to set a new all-time high, while the ethereum price looks poised to make a record-setting run of … Continue reading Ethereum, Bitcoin Prices Rally Despite Sluggish Market

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices The U.S. Securities and Exchange Commission (SEC) has issued an investor alert intended to warn the public about companies using claims about initial coin offerings (ICO) to manipulate their stock prices. SEC: Avoid ICO-Related Microcap Scams The alert, which was published by the SEC Office … Continue reading SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It

Cryptocurrency Mining – What It Is, How It Works And Who's Making Money Off It   NVIDIA Corporation's second-quarter earnings released earlier this month, though exceeding expectations, elicited cautionary reaction from the investor as well as analyst communities. Traders bid down the stock by over 5 percent on Aug. 11. One of the reasons cited … Continue reading Cryptocurrency Mining – What It Is, How It Works And Who’s Making Money Off It

Get started in cryptocurrency with this beginner’s directory

Get started in cryptocurrency with this beginner’s directory The wonderful world of cryptocurrency has grown from a budding idea to a full-fledged market bonanza. Hopefully you’re savvy to the terminology and ready to start putting your money where your technology is. This directory should provide you with the basic starting points to begin building your … Continue reading Get started in cryptocurrency with this beginner’s directory

Bitcoin Price to Reach $6,000 in 2018, Predicts Wall Street Strategist

Bitcoin Price to Reach $6,000 in 2018, Predicts Wall Street Strategist   The bitcoin price pulled back from its all-time high this weekend, weighed down by a bitcoin cash price surge and disagreements over the SegWit2x scaling proposal. However, Wall Street strategist Tom Lee believes that the long-term prospects of the bitcoin price remain quite … Continue reading Bitcoin Price to Reach $6,000 in 2018, Predicts Wall Street Strategist

China’s Cryptocurrency Mining: Capital, Costs, Earnings

China’s Cryptocurrency Mining: Capital, Costs, Earnings Most Bitcoin mining operations are in China. As of July 2017, it is estimated that almost 70 percent of all Bitcoin mining is located in China. Cryptocurrency mining, like other forms of businesses, needs capital to start and runs at an operation cost. Briefly, the startup cost includes the … Continue reading China’s Cryptocurrency Mining: Capital, Costs, Earnings