Tag Archives: bitcoin mining

87.5% of all Bitcoins [BTC] will be mined by 2020 – Here’s why it matters!

87.5% of all Bitcoins [BTC] will be mined by 2020 – Here’s why it matters! The block reward for Bitcoin will halve next in about two years from the time of publishing this article. The estimated time for the next half of the reward is around 732 days, but it is relevant now for a … Continue reading 87.5% of all Bitcoins [BTC] will be mined by 2020 – Here’s why it matters!

The 17 Millionth Bitcoin Is About to Be Mined

The 17 Millionth Bitcoin Is About to Be Mined Bitcoin's limited supply is about to get a bit more limited. Barring an unforeseen event, the 17 millionth bitcoin is likely to be mined in the coming days, a development that would mark yet another milestone for the world's first cryptocurrency. That's because as per bitcoin's … Continue reading The 17 Millionth Bitcoin Is About to Be Mined

Chinese Entrepreneur Warns Against Mining and ICO Bans

Chinese Entrepreneur Warns Against Mining and ICO Bans Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency … Continue reading Chinese Entrepreneur Warns Against Mining and ICO Bans

Crypto Mining Craze Creates Global GPU Shortage

Crypto Mining Craze Creates Global GPU Shortage The cryptocurrency bull run of 2017 attracted multitudes of investors looking to get rich quick but it also created a mining boom that has resulted in a worldwide shortage of computer components.   Miners Plunder Singapore, Hong Kong For Cheap Rigs Scores of miners from around the world … Continue reading Crypto Mining Craze Creates Global GPU Shortage

Russian nuclear scientists arrested for Bitcoin mining plot

Russian nuclear scientists arrested for Bitcoin mining plot Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia's most powerful supercomputers to mine Bitcoins, media reports say. The Federal Nuclear Centre in Sarov, western Russia, is a … Continue reading Russian nuclear scientists arrested for Bitcoin mining plot

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties Bitcoin cash appears to be successfully navigating a planned hard fork. At press time, the majority of the network nodes (roughly 82 percent) have transitioned to new software (version 0.16.0 or later) that includes rules aimed at making the protocol's reward distribution more attractive to … Continue reading Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

Managing Enormous Risk – Bitcoin and Altcoin Investment Strategies

Managing Enormous Risk – Bitcoin and Altcoin Investment Strategies While some have made millions investing in digital currencies, others would call it degenerate gambling. If you’re reading this, then you know how exciting and unpredictable the crypto world is. Fortunes are built and demolished in seconds, new and exciting technology pops up every day, and … Continue reading Managing Enormous Risk – Bitcoin and Altcoin Investment Strategies

Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes

Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes Evading government control a central feature of bitcoin Efforts to regulate digital currencies stymie authorities Banks Respond to Growing Interest in Cryptocurrencies Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation. Russian President Vladimir Putin is the … Continue reading Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering … Continue reading Chinese money dominates bitcoin, now its companies are gunning for blockchain tech