mining

The 2020 Bitcoin halvening

Per the rules set out in the Bitcoin whitepaper, the block confirmation subsidy (or reward) halves every 210,000 blocks. That’s generally every four years, and the next is estimated to happen on 14th May 2020. Originally 50 BTC per block, it dropped to 25 in 2012 and to 12.5 BTC in 2016. After May 2020, […]

Understanding Bitcoin Mining Rewards

Each day, many untold thousand watts of electricity are committed towards bitcoin mining. People mine bitcoin because they hope to earn bitcoin, which has value and can be bought and sold in various markets. Without going into too much detail, mining is the process by which the network is secured and transactions are processed. In […]

Why China Is Banning Crypto but Is Bullish on Blockchain

Babel Finance is one of China’s largest financial service providers.  The firm works with crypto mining companies to fund the volatile industry and products including crypto-backed loans, deposit services, margin trading and derivatives. Since July 2018, Babel has issued $400 million in crypto-backed loans with a balance of more than $300 million outstanding. Before pivoting […]

Bitcoin, Ethereum Forecasts for 2020

Bitcoin trends. BTC will continue to dominate the crypto narrative. Other operators won’t like to hear this, but Selkis says that “almost no one outside of the industry cares about anything but Bitcoin.” Halving narratives may be little more than a “self-fulfilling prophecy” – although halving may well boost BTC’s cause by reminding the world […]

BTSE Exchange Plans $50M Token Raise on Blockstream’s Ethereum Rival Liquid

BTSE, a Dubai-based cryptocurrency exchange, is looking to raise $50 million in one of the first token offerings on the Liquid Network, the parallel system to bitcoin created by startup Blockstream. BTSE is looking to sell 50 million tokens at $1 each. The target launch date is March 2020 and there will be a total […]

Bitcoin and Ethereum Forecasts for 2020

When it comes to making crypto predictions for 2020, Ryan Selkis, CEO of crypto researcher Messari has written the book on the subject – literally. His 71-page Crypto Theses for 2020 is quite a tome, and would take hours to read in full – which is why we’ve read it for you, and sifted out Selkis’ 10 hottest Bitcoin (BTC) and […]

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