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Shark Tank Investor: Bitcoin an Asset But Requires Education to Avoid Disaster

Shark Tank investor Kevin O’Leary has offered both encouragement and warning to Bitcoin investors in a recent interview on CNBC’s Make It. He offered a stiff warning for those who don’t understand Bitcoin, and an encouragement that the cryptocurrency is definitely an asset, if not a viable currency.O’Leary was quick to point out that those wanting to invest in Bitcoin but who don

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The Satoshi Revolution – Chapter 3: Do You Want a Government Fiat Crypto? (Part 4)

Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 1 : The Trusted Third Party ProblemChapter 3: Trying to Undo Satoshiby Wendy McElroyDo You Want a Government Fiat Crypto? (Chapter 3, Part 4)It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has b

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Japan's GMO Internet Group Will Pay Thousands of Workers in Bitcoin

Blockchain development companies and the cryptocurrency press have been paying their workers in cryptocurrencies for years, but one realizes that the times are truly changing when mainstream companies start paying their workers in bitcoin.GMO Internet Group, a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, is introducing a system for employe

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New Bitcoin Mining Centers Set to Increase North American Market Position

While China continues to dominate the bitcoin mining market, North America has now gained another significant player who can help decentralize mining power. Hut 8 Mining Corp (Hut 8) and the Bitfury Group (Bitfury) have announced a partnership that will create North America’s largest bitcoin mining center, located primarily in Alberta, Canada.“We are excited to partner with Hut 8 to expand our

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Choose: All Bitcoin, or New Zealand

As Bitcoin continues to grow and grow, people try to quantify where it stands in relation to other markets, companies, people, and even countries. As it stands today, Bitcoin is worth more than the GDP of New Zealand.Of course, this makes it sound like a dangerously huge entity, and also makes it sound like it is inflating to a bubble-pop point, but with all these comparisons; from the Queen, to W

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A Greener Cryptocurrency From Bittorrent Inventor, Bram Cohen

The inventor of Bittorrent has now turned his attention to blockchain technology and building a greener Bitcoin called Chia. Bram Cohen released Bittorrent to the world in 2004, but, in early 2017, he stepped away from the company he built to focus on blockchain technology. A very technical paper was co-authored by Cohen and released in September 2017 titled "Beyond Hellman's Time-Memory Trade-Off

Innovative cloud mining with the HashHive project and its ongoing ICO

Cloud mining is the process of extracting of cryptocurrency, using a remote data center. Using services that provide cloud mining will allow you to receive income without significant investment, in contrast to traditional mining, since the cryptocurrency is extracted on the company equipment that is installed remotely. However, how to choose such a service among many others, with the help of which

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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

Publicly Listed Companies Are Getting in on the ICO Funding Action

Altcoins Initial coin offerings (ICOs) are on fire and now also publicly listed companies are getting in on the new funding type action. Macau-based Dragon Corp plans a 500 million USD ICO for its floating casino. Germany’s Naga announced a decentralized blockchain trading platform. China’s NEO is being embraced at a time when the government isn

Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy

Mining The government of a Japanese city known for its renewable energy and low temperature in the wintertime is attracting cryptocurrency miners to use its clean electricity. One company has already announced that it will open “the first clean energy-based Japanese mining center” in the city to mine 10 cryptocurrencies including bitcoin.Also rea

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