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As Bitcoin and crypto prices continue to fall profitability from mining using certain types of hardware inevitably follows suit. Japan has a number of high profile corporations heavily invested in mining operations and it looks like they are about to pull the plug. Closure of Crypto Mining Hardware...
Latest data indicates that Ethereum has reached a milestone in terms of unique addresses surpassing 50 million. While this news is a good sign for growth the actual number of active addresses has declined quite substantially. 50 Million Ethereum Addresses Metrics from etherscan indicates that Ethereum crossed 50...
Not a week goes by without some Bitcoin mempool drama these days. Every week or so, the number of unconfirmed transactions rises. In most cases, that is a big problem, yet the matter usually gets resolved pretty quickly. In this particular case, however, over 136,000 transactions are pending....
Things have been rather uneasy in the world of cryptocurrency this weekend. Bitcoin Cash had a good run, but things are slowly coming to an end. Most of the mining power is also coming back to Bitcoin as we speak. With BCH being more difficult and less profitable...
Looking at the Bitcoin hashrate chart, the growth is quite remarkable. At the time of writing, the network sits at over 5 exohash. That is a gigantic amount of computing resources pointed toward mining Bitcoin. What is even more remarkable is the growth over the past two weeks....
Bitcoin is rallying at the moment with a price of $520 USD on Bitstamp, 3786 CNY on Huobi, and €465 via Kraken at the time of this writing. No one knows what’s actually causing the surge accept there is heavy buying and strong volume coming from China. Will...
Since the beginning of 2015, Bitcoin startups have begun to abandon bitcoins due to their highly volatile price. In January this year, Bitcoin mining company CoinTerra was sued for over $5 million as it failed to pay its bills when the price of bitcoins dropped. Bitcoin firm Digital CC...
The smartphone is by far the world’s favorite piece of technology. It is estimated that there will be over 2 billion smartphones across the world by next year (ref: eMarketer). Over 80 percent of these smartphones run on Android operating system (data: IDC, 2015 Q2). Nowadays, smartphones are...
Bitcoin mining has become a costly affair. Unlike the initial days bitcoin mining now requires specialized hardware with lots of processing power, which has made individual mining highly uneconomical. As we know, most of the bitcoin mining is carried out by big mining companies with dedicated data centres...
Fears of a potential 51 percent attack are once again brewing in the bitcoin community with news that mining pool Ghash.io has reached an uncomfortably high hashrate in the past twenty-four hours. The bitcoin subreddit on social sharing website Reddit.com, with over ten shares on the page related to the...
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