-Bitcoin news, price, information & analysis
Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over...
Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The...
Demand for computer components has skyrocketed with the surge of cryptocurrency mining, with prices more than doubling the past 12 months in some cases as suppliers are struggling to build enough capacity to meet the needs of the emerging market. Prices of PC Components Skyrocket Due to Bitcoin...
India has proven to be a major region for Bitcoin activity. Not all of the ventures in this country are completely legitimate, unfortunately. Two leaders of a notorious cryptocurrency scam were arrested earlier this week. Amit and Vivek Bhardwaj are the individuals responsible for creating some of the...
UK police are seeking information relating to the theft of Bitcoin mining hardware in Derbyshire. Units were taken from a property on the evening of March 21 in the West Bars House area of Chesterfield. Mining Equipment an Easier and More Profitable Target for Criminals The Derbyshire Police...
New York state is famously tough on cryptocurrency trading but has recently struck some big deals with Bitcoin mining companies. Now the authority that controls electricity say prices for such activities is going to cost more. Mining Operation a Boon to Small Town It was only last month...
Cryptocurrency mining is more competitive than ever. With enormous rig constructions consuming more energy than many of the nations of the world dominating the once cottage industry, cutting every possible cost is vital. For this reason, miners like cool climates where electricity is cheap. Endless rows of components...
Amid fears of Bitcoin bubbles and big money cybercrimes, China vows to put an end to all cryptocurrency trading – foreign and domestic. Bad News For China In order to avoid what it saw as a potential financial crisis China outlawed all domestic crypto-trading exchanges in September of 2017. This...
Samsung, the largest company in South Korea which is accountable for a large portion of the country’s economy, has started the production phase of bitcoin and cryptocurrency mining equipment and ASIC mining chips. Local media outlets reported that Samsung partnered with a Chinese bitcoin mining equipment manufacturer last...
With the overall market capitalization of cryptocurrencies gradually trending towards $1 trillion, increasing from just under $20 billion at the start of 2017 to over $700 billion at the beginning of the current year, it’s simply a good time to invest in the revolutionary technology called blockchain. Last...
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