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Bitcoin Miners Are Pestering Utility Companies for Cheap Hydro Power

Mining The world’s most desirable places to live and work are no longer in major metropolitan areas: they’re remote and at altitude. That’s according to bitcoin miners at least, who are fueling a boom for land and utilities in some of the world’s most scenic regions. They’re not relocating for the breathtaking views, however, but for the ch

Trading Column `The Writing on the Wall´ – What Will CME Bitcoin Futures Do to the Price?

Op-Ed This post is the third in a trading tips series called ’The Writing On The Wall’, in which our game theory guide Eric Wall tries to predict the future. In this post; Speaking about the CME futures in broad terms is easy–let’s get more specific, taking a deeper dive. Let’s look at who will actually be trading these futures and why

Trading Column `The Writing on the Wall´ – What Will CME Bitcoin Futures Do to the Price?

Op-Ed This post is the third in a trading tips series called ’The Writing On The Wall’, in which our game theory guide Eric Wall tries to predict the future. In this post; Speaking about the CME futures in broad terms is easy–let’s get more specific, taking a deeper dive. Let’s look at who will actually be trading these futures and why

Nvidia Boosted By Latest Bitcoin High

A record-breaking fortnight for Bitcoin seems to have been a boon for GPU manufacturers as we enter a new week.Rivals Nvidia and AMD have had differing successes on the stock market in recent months, with the former enjoying far more success.A $2,000 rise in value for Bitcoin in as many weeks has seen Nvidia enjoy a two percent increase in their share price.Mining up a stormAs the likes

Bitcoin Gold Wallet That Stole Private Keys Scooped $3.3 Million

News Last week it emerged that a fake BTG wallet which had been promoted on the bitcoin gold website was fraudulent. The team’s developers removed “mybtgwallet” once the scam came to light, but not before scores of innocent users had been duped. The total amount of cryptocurrency lost to the fraud has now been totted up – and it comes to a wh

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This Bitcoin Developer Is About to Take on the Mining Hardware Industry

BtcDrak, the most active pseudonymousBitcoin Core contributor to date, is making a move into the mining hardware industry. The developer, who besides having contributed to the Bitcoin Core repository also maintains thebitcoincore.org website and theBitcoin Core Community Slack channel, has helped set up ASIC chip manufacturing companyHalong Mining over the past year. The startup has now produced a

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Dispelling the Doomsayers: The Future Blockchain Development is Still Bright in China

Three months have passed since the People’s Bank of China (PBOC) issued an official statement explicitly defining initial coin offerings (ICOs) as illegal public financing activities. As a result, all China-based ICO projects were required to refund all initial investments, regardless of whether or not project-based tokens were issued; foreign-based projects were required to refund investors as

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Adam Back: Bitcoin Block Size Increase in Mid-Term is Possible

On Nov. 13 Blockstream CEO and HashCash inventor Adam Back, who remains as one of the few individuals cited in the original Bitcoin whitepaper released by Satoshi Nakamoto, explained Bitcoin block size increase in the mid-term is a possibility that has not been ruled out.In response to a statement provided by Jihan Wu, the co-founder of Bitmain, the $3 bln Bitcoin mining equipment manufacturing co

Bitcoin.org Owner Wants to Revise Satoshi’s White Paper

News Following the Segwit2x working group’s announcement to cancel the hard fork scheduled for next week, many shocked bitcoin proponents revealed their opinions on the web. Additionally, one of the administrators of Bitcoin.org, Theymos, wants the web portal’s recommended businesses such as wallet services and exchanges to pledge that “Bitcoin

All You Need to Know About This Whole SegWit vs. SegWit2x Thing, Explained

What is Segregated Witness?Segregated Witness, often abbreviated to SegWit, is a proposed update to the Bitcoin software, designed to fix a range of serious issues.It is developed by its long-standing team. Bitcoin Core is currently the most popular Bitcoin reference client, in use by the majority of the businesses in the industry.Originally, the update was aimed at solving transaction malleabilit

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