Bitcoin price is climbing in a choppy advance. Is this the base of a large advance, or just an upward correction in a sideways spell? This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis Time of analysis: 14h00 UTC Friday Bitstamp 4-Hour Candle Chart From the analysis pages of xbt.social…
The world of Bitcoin is in for quite a reality shock in about a year from now. As most people are well aware of, the amount of bitcoins being mined every day is much compared to a few years ago. What is even more intriguing is how the vast majority of BTC has been mined already. In January of 2018, 80% of all 21 million BTC will be mined and brought into circulation…
The following page reviews the best hardware available today in order to make some sort of a profit with Bitcoin mining. If you’re completely new to Bitcoin mining please read our “Is Bitcoin mining still profitable?” post before moving on. It will give you a good idea about the profitability of mining and will make you think twice before entering this very competitive…
Overstock was one of the first online retailers to adopt Bitcoin in a big way. Now it s become the first major company to issue stock on a trading platform powered by the blockchain. The blockchain is a distributed file system where participants keep copies of the file and agree on changes by consensus. The file is composed of blocks, where each block includes a cryptographic…
Bitcoin is in for the long haul, even if the cryptocurrency craze has settled down in recent months. And if you’re still wondering, “what’s this bitcoin mining thing actually about? Can I really make money out of it?” then take this to heart: Yes, bitcoin mining is a tech activity that can help you earn some extra cash on the side — as long as you’re ready for the…
(Image © Scott Orgera). (Image © Scott Orgera) Browser(s) supported: Google Chrome Brought to you by the folks at Blockchain.info, the My Wallet service allows you to send and receive Bitcoin payments instantaneously. This Chrome app integrates that service into your browser, allowing it to act as a standalone entity that can even be run while offline. Offering the…
1] I am new to mining. What do I need to START mining? First of all you need specialized hardware (ASIC miner) Do not even try mining without an ASIC miner. Neither your CPU/GPU nor your Smart phone is sufficient for mining anymore. It is considered dead and unprofitable due to low efficiency (hash rate vs. power consumption). Our company policy does not allow us…
FACT 1: The currency of Europe is the Euro. MyCurrencyTransfer data shows GBP to EUR is the most popular Euro exchange rate conversion. It s nicknames include: The Single Currency, Ege (Finland), Leru (Spain), Yoyo (Irish English) and Teuro (Germany) FACT 2: The most frequently used banknotes in Eurozone are: €5, €10, €20, €50, €100. The single currency is used in:…
Essentially a Raspberry Pi connected with a custom bitcoin-mining ASIC and a heatsink, the computer is one of the most interesting MVPs in modern memory. While you could easily recreate it yourself, the fact that 21 is building and selling these for a few hundred dollars is a testament to the future widespread adoption of BTC systems. Is it worth it? First, I doubt…
Read any article written about bitcoin in the mainstream press and odds are, at some point it touches on the incredible volatility of bitcoin s price. Indeed, one of the largest barriers to the widespread adoption of bitcoin as a viable global currency is its volatility. It s impractical that a currency that regularly gains or loses 10% or more of its value in a single…
One of the most common questions asked at industry conferences is why Western Union or Moneygram don’t just use Bitcoin themselves. If they did, they could eliminate the potential threat posed by the young Bitcoin remittance start-ups who are out there trying to eat their lunch. Theoretically, Western Union could just throw R&D resources at the problem and…
Bitcoin will be accepted throughout the whole University of Nicosia system, including affiliated institutions such as: St. George’s University of London/UNic Medical School, a partnership between St. George’s University of London and UNic UNic Online Degree Divisions, offering online programs to students worldwide Intercollege, vocational colleges in Nicosia, Limassol…