CRYPTOCURRENCY MINING

Blockchain Bites: Google Validates Theta, Coinbase and BitGo Eye Crypto Prime Brokerage

Google is teaming up with Theta Labs to help the video delivery network onboard users through Google Cloud. As part of the partnership, the tech giant is assisting Theta with its Mainnet 2.0 launch, and will become the platform’s fifth validator. Polkadot is now live following the mining of its first “chain candidate’s” genesis block. Polkadot will first launch […]

Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto

Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”. Cointelegraph spoke with two experts who said the most obvious use case […]

Litecoin vs. Ethereum

When it comes to investing in cryptocurrencies, nothing is a sure thing. If the past few years’ significant booms and busts told us anything, it’s that you can expect volatility, wherever you go. That said, diversifying your crypto-portfolio is a wise move. Although Bitcoin often drags everything up and down with it, some tokens do […]

Eight Countries That Don’t Tax Your Bitcoin Gains

As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets at zero taxes. Circumstances vary, but the real […]

Iranian president tasks central-bank to set out a nationwide crypto mining strategy

The President of Iran has recently given officials at the central bank a task to come up with a plan for a national crypto mining scheme.  A report came out at the end of last week that stated officials were briefed during the 137th session of the economic coordination headquarters of Iran which was chaired […]

There Are Now 3.5X Ethereum (ETH) Non-Zero Addresses Compared To Jan’ 18 ATH Of $1,400

Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the second-seeded cryptocurrency by market cap is gradually increasing. New data indicates that the number of non-zero ETH addresses has skyrocketed by over 350% since the time ETH reached its all-time high levels. Ethereum Addresses On […]

Bitcoin Sales from Miners Spike 600% One Week After the Halving

Bitcoin sales from miners have jumped six-fold since the halving, while exchanges continue to see their reserves dwindle. Miners have now entered a new wave of Bitcoin selling despite the lack of a definite move in Bitcoin’s price, data shows. Miner revenue has also dropped following block rewards halving, down to 6.25 from 12.5 bitcoins. […]

Notes on a digital currency plan, made in China

The expansion of the central bank’s pilot is the first such serious initiative in the world While the world is grappling with the fallout of COVID-19 and speculating on how far China can be blamed for the pandemic, a silent digital revolution is taking place in China. On April 29, 2020, the People’s Bank of […]

Iranian President Orders Govt to Draw Up a National Crypto Mining Strategy

In a surprising move, Iranian President Hassan Rouhani wants the government to further explore cryptocurrency mining. Rouhani told officials at the Central Bank of Iran that they needed to create a national strategy for cryptocurrency mining. This includes regulations and estimates for mining revenues. The story was first reported by Iranian news site ArzDigital on Wednesday.  […]

Bitcoin Sales from Miners Spike 600% One Week After the Halving

Bitcoin sales from miners have jumped six-fold since the halving, while exchanges continue to see their reserves dwindle. Miners have now entered a new wave of Bitcoin selling despite the lack of a definite move in Bitcoin’s price, data shows. Miner revenue has also dropped following block rewards halving, down to 6.25 from 12.5 bitcoins. […]

Iran Proposes Crypto Exchange Licensing Under Existing Laws

The Iranian lawmakers have moved to put a curb on cryptocurrency exchanges operating in the country, by enforcing existing traditional sector regulations on them. According to local news outlet ArzDigital, a bill was moved in the Iranian parliament to include digital currencies in the existing “currency smuggling” and foreign exchange regulations. If passed, the law […]

The halving effect – Are Ethereum whales switching to Bitcoin?

The number of ETH whales has reduced drastically in 2020 despite the currency’s surging prices and institutional adoption.  Glassnode’s data indicates that unique addresses holding over 10,000 ETH dropped to just 1,050 on May 14. This number is a new low since January 2019, indicating a year of outflows from Ethereum.  Data from the analytical […]

Bitcoin vs Ethereum close up comparison

Since its launch in 2009, Bitcoin has become the most famous and valuable cryptocurrency on the market. But it is not the only key player in the industry. In 2015, Ethereum entered into the fray with game-changing features like smart-contracts and Dapps. Despite the fact that, Bitcoin and Ethereum are the two leading cryptocurrencies on […]

University of Waterloo Professor Says XRP Will Boom among Businesses than Bitcoin

How To Choose An ICO To Invest In New ICOs (OTC) A professor at the University of Waterloo, Anwar Hasan, in partnership with Ripple blockchain research institute and Research Associate Crystal Roma, has confirmed in a research that the XRP blockchain network will boom among businesses than Bitcoin. While analyzing the impact of blockchain technology and […]

What’s the Future of Bitcoin Mining and Bitcoin Trading?

How To Choose An ICO To Invest In New ICOs (OTC) A look at changes expected in Bitcoin technology in 2020, which has turned to be extremely difficult for all of humanity due to COVID-19. Bitcoin as a cryptocurrency can be accessed by mining or calculating hash values, hoping that some of them will be appropriate […]

Facebook Libra vs. Bitcoin

How To Choose An ICO To Invest In New ICOs (OTC) There are a lot of cryptocurrencies out there, but it surprised a lot of people when Facebook made headlines by announcing its own. Libra has been available to purchase since 2019, but many people still aren’t sure whether they should take the plunge and buy […]

Bitcoin to Rally after Halving?

How To Choose An ICO To Invest In New ICOs (OTC) Bitcoin is growing against the entire crypto market, adding 3% in the last 24 hours. The first cryptocurrency is not only above $9K but is close to reaching $10K. However, if you ask the crypto market participants if this is the scenario they expected as […]

Cryptomining is modern tool to remove surplus of electricity – Energy ministry

How To Choose An ICO To Invest In New ICOs (OTC) Removing problems with the surplus of electricity through the so-called cryptocurrency mining will allow preserving the guaranteed load on nuclear power plants (NPP) and involving additional funds as well, the Ministry of Energy and Environmental Protection has said. “We can really transform the liability into […]

You can now watch Bitcoin being mined around the world

How To Choose An ICO To Invest In New ICOs (OTC) A new interactive map shows the Bitcoin hash rate “hotspots” across the globe. Spoiler alert: Most of them are still in China. The Cambridge Centre for Alternative Finance has launched an interactive map that shows the average monthly Bitcoin hash rate in different countries. Roughly […]

Ukraine Might Use Excess Electricity From Nuclear Power Generation For Cryptocurrency Mining

How To Choose An ICO To Invest In New ICOs (OTC) Merely days ahead of the Bitcoin halving, Ukraine and Iran are taking steps into expanding mining services within their borders. Ukraine plans to utilize excess nuclear power, while the Asian country has granted a license to a Turkish company to operate up to 6,000 mining […]

The Ethereum blockchain is now 10 million blocks long

In just five years, Ethereum miners have produced 10 million blocks in its blockchain. That’s 270,000 more blocks than Bitcoin. In just five years, Ethereum miners have produced 10 million blocks in its blockchain. That’s 270,000 more blocks than Bitcoin. The number of Ethereum blocks has reached 10 million. Ethereum blocks are mined every 20 […]

Iran Issues License to Bitcoin Mining Farm with 6000 Miners

How To Choose An ICO To Invest In New ICOs (OTC) The farm is generating 96,000 terahashes per second. Turkey-registered crypto mining company iMiner has received a license from Iran’s Ministry of Industry, Mine, and Trade to legally continue operations in the country. According to a report last week, iMiner has established its cryptocurrency mining operations […]

Bitcoin is ready to fight economic turmoil; history is proof of that

How To Choose An ICO To Invest In New ICOs (OTC) The crypto-space has seen some really bad days since March 2020 – The main reason being the ing coin’s failure to act as a safe-haven asset during the recent market crash. Many in the space raised questions over the readiness of BTC and opined that […]

Banking & Payments Predictions 2020: Cryptocurrencies

How To Choose An ICO To Invest In New ICOs (OTC) Cryptocurrencies are a form of digital currency based on mathematical algorithms. Encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Cryptocurrencies operate independently of central banks. Bitcoin is the cryptocurrency that first introduced blockchain technology to […]

Whales Warn: Current Bitcoin Rally is Illiquid and Overextended

How To Choose An ICO To Invest In New ICOs (OTC) Bitcoin FOMO rally ahead of its mining reward halving could fizzle, warns a top analyst. The cryptocurrency has more than 21 percent to log its best week since June 2019. But whales think that the uptrend has come on the backs of poor liquidity that […]

Boerse Stuttgart (BSDX) Allows Stop Orders for Trading Bitcoin-Euro

How To Choose An ICO To Invest In New ICOs (OTC) Germany’s first regulated trading venue for digital assets introduces stop orders as new order type. As Germany’s first regulated trading venue for digital assets, Boerse Stuttgart Digital Exchange (BSDEX) allows to trade the Bitcoin-Euro pair, offering a transparent and reliable environment for experienced investors, the […]

Samsung Galaxy Store Adds TRON Decentralized Applications

How To Choose An ICO To Invest In New ICOs (OTC) Samsung has added support for TRON-based decentralized applications to its Galaxy Store, allowing users in Europe and the United states with access to its built-in crypto wallet to interact with the TRON blockchain. Samsung mobile device users are now able to download decentralized applications from […]

Bitcoin Whale Suggests BTC Price Will Crash — Halving Is Priced in

How To Choose An ICO To Invest In New ICOs (OTC) A major Bitcoin whale has implied that the upcoming halving is already priced in and BTC price can crash after the reward reduction. The third Bitcoin (BTC) block reward halving is set to occur in 14 days and this event is usually preceded by a […]

Ebang Mining Soon On NASDAQ? The Bitcoin Chip MakerFiles For $100 Million IPO In The US

How To Choose An ICO To Invest In New ICOs (OTC) Bitcoin mining hardware manufacturer Ebang International Holdings has become the latest mining chips company planning to get listed on a major stock exchange via an Initial Public Offering (IPO) in the United States. Ebang Files $100M IPO In The US The China-based firm has applied […]

Wake up, Neo: Microsoft mulls using your brain waves or body heat to mine crypto-currency while viewing ads

How To Choose An ICO To Invest In New ICOs (OTC) So this is how the world ends – as a Matrix fanfic Microsoft last month applied for a US patent describing a way to use body activity like brain waves as proof-of-work in a cryptocurrency system. One of the ways the Windows giant’s inventors imagine […]

Can Bitcoin Be Shut Down? A Naysayer’s Guide to BTC

How To Choose An ICO To Invest In New ICOs (OTC) The Bitcoin network has been standing strong for more than a decade, and it would take a highly-coordinated effort from competing players to bring it down. Bitcoin’s future has many possible outcomes, but death is among the least likely of them all. Key Takeaways Bitcoin […]

Microsoft wants to ‘read people’s brain waves’ to mine cryptocurrency

How To Choose An ICO To Invest In New ICOs (OTC) Microsoft has proposed a method to generate cryptocurrency by monitoring people’s brain activity and other personal biometric data. A new patent titled “Cryptocurrency System Using Body Activity Data” describes how a person could attach various sensors to their body to earn cryptocurrency through a process known as […]

China Court Says That Ethereum Is Property And Has Economic Value

How To Choose An ICO To Invest In New ICOs (OTC) In a recent write-up, a defendant named “Li” was convicted of theft for having stolen cryptocurrency from his previous company following his firing. Li had resigned from the company on May 31 due to underperformance after a probation period. The defendant used his knowledge of […]

Top 5 Reasons Why Bitcoin Is Poised To Cross $10,000 Before The Halving

How To Choose An ICO To Invest In New ICOs (OTC) Amidst the oil market madness, can Bitcoin (BTC) pull through to hit $10,000 before the halving? Can Bitcoin brace the current market and rise beyond the $10,000-mark before the halving? Here are our top 5 picks in favor for a bitcoin bull rally.  1. Bitcoin (BTC) […]

How to avoid scammers in the cryptocurrency space

How To Choose An ICO To Invest In New ICOs (OTC) Cryptocurrencies are complicated, especially for new users. They are lightly regulated, highly volatile and there is not enough information out there to enlighten people wishing to venture into them, hence attracting scammers who take advantage of unknowing users. Like everywhere else, scammers will always be […]

Microsoft’s Patent For Cryptocurrency Mining Might Raise Some Eyebrows

How To Choose An ICO To Invest In New ICOs (OTC) When it comes to mining for cryptocurrency, it generally involves the use of computers powered by powerful GPUs which can automate the mining process and run 24/7. However, it seems that Microsoft has invented a new potential way of mining cryptocurrency that could potentially raise […]

Binance Launches Its Own Smart Contract-Enabled Blockchain To Challenge Ethereum

Binance, the world’s largest cryptocurrency exchange has released the Whitepaper for its new Binance Smart Chain (BSC) that will operate parallel to the current Binance Chain. This new chain will have smart contract capabilities and it will run independently. Smart contracts are computerized protocols that enable the smooth running of decentralized applications. In the crypto […]

How Can You Tell if a Cryptocurrency Is a Scam?

How To Choose An ICO To Invest In New ICOs (OTC) If you’ve been around in the cryptocurrency space for a while, then chances are you’ll have come across your fair share of crypto scams. Projects like Bitconnect, OneCoin, and CentraTech have become notorious for their role in duping unsuspecting investors into handing over money for […]

Bitcoin Will Follow Ethereum And Move to Proof-of-Stake, Says Bitcoin Suisse Founder

How To Choose An ICO To Invest In New ICOs (OTC) Niklas Nikolajsen, the founder of Swiss crypto broker Bitcoin Suisse, predicts that Bitcoin (BTC) will move to Proof-of-Stake (PoS) once the Ethereum (ETH) network has proved the algorithm’s success. Bitcoin’s current Proof-of-Work (PoW) consensus algorithm — the pioneering concept which in fact pre-existed Bitcoin, but […]

Canada becomes leading blockchain country in 2020

How To Choose An ICO To Invest In New ICOs (OTC) Canada is only third to the USA and the UK when it comes to blockchain technologies. Convenient regulatory regimes, high-speed internet, and low energy costs are contributing to the countries growth in the crypto world. In addition, the use of Ethereum blockchain technology in different […]

Binance adds 5 new Fiat Currencies for Trading Cryptocurrency

How To Choose An ICO To Invest In New ICOs (OTC) Binance recently extended its fiat currency support with the addition of five more currencies. The exchange platform has now added the fiat currencies from South Korea (KRW), Kazakhstan (KZT), Peru (PEN), Kenya (KES), and Colombia (COP). Traders from these countries can directly deposit their local fiats with […]

Why Ethereum Might be the Coin of the Year

Ethereum is currently struggling to bounce back to its three-months-high of $281 in February 2020. However, experts have a strong hope that the digital asset will be the coin of the year ahead of all the popular assets. How To Choose An ICO To Invest In New ICOs (OTC) The cryptocurrency has never been the same […]

Bitcoin Network Activity Has Plunged, What is Going On?

How To Choose An ICO To Invest In New ICOs (OTC) The crypto market is recovering from the price drop earlier this month, yet the daily number of Bitcoin transactions continues to decline. This data anomaly reflects changes underway in how the flagship cryptocurrency is being used. It may reflect a greater trend moving forward.  MORE […]

Microsoft Files Patent Application for Crypto Mining System Powered by Human Activity

How To Choose An ICO To Invest In New ICOs (OTC) Microsoft has proposed a system that can mine cryptocurrencies using data collected from humans as they exercise or read an advertisement. In a patent application filed with the World Intellectual Property Organization (WIPO) Thursday, the American computer giant said sensors could detect activity associated with […]

Microsoft Files Patent To Mine Cryptocurrencies With Verified Body Activity Data

How To Choose An ICO To Invest In New ICOs (OTC) Giant software manufacturer, Microsoft is seeking to capitalize on the new crypto hype. The firm is seeking to introduce its own cryptocurrency that will be mined using human energy replacing the costly mining process that is used today, Bitcoinist reports. As per patent documents, the […]

Bitcoin’s halving could push coin’s price to ‘just above mining costs’

How To Choose An ICO To Invest In New ICOs (OTC) Bitcoin’s halving is just 51 days away, but the debate on Bitcoin‘s price gain/loss post the big event has been going on for a long time. While some people believe that the halving is already priced in, others are of the opinion that the halving […]

New Bitcoin Model Predicts Bottom Prices With Insane Accuracy

Bitcoin’s PoW consensus mechanism is secured by consumption of electricity, this is what makes each newly mined Bitcoin have value. The newest model to predict Bitcoin price is based on this minimum Cost of Production (COP) for newly mined Bitcoin, and its accuracy is startling. New model correlates with S2F and Bitcoin’s parabolic curve In […]

Trading Legend John Bollinger Explains Whether Bitcoin (BTC) Is Safe Haven Asset

Legendary trader John Bollinger says that Bitcoin can act as a safe haven asset if you want to think so. While countless pundits continue to argue whether or not Bitcoin (BTC) can be considered a store-of-value asset, John Bollinger, the inventor of the Bollinger Bands (BBs) indicator, recently opined that it ultimately depends on your perception.  […]

Does Bitcoin offer enough value to justify its environmental costs?

Bitcoin continues to be a contentious topic in every possible way. The world’s most dominant cryptocurrency has been one of the biggest disruptors in finance over the last decade. However, many concerns remain, especially with regard to Bitcoin’s environmental impact. Large mining pools that sustain Bitcoin’s network have often been cited as operations that consume […]

Report: Transaction of One Bitcoin Consumes More Electricity Than A British Household In 2 Months

A recent report indicated that one transaction involving the largest cryptocurrency uses the same amount of electricity as a British household for nearly two months. 98% Of Mining Rigs Never Achieve Essentially, Bitcoin mining is the process of creating new coins and confirming initiated transactions. It’s executed by “miners,” who are solving complicated equations. On […]

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