Category: Ethereum

A New Bitcoin World

$50 Million Bitcoin Mining Farm Opens in Armenia

$50 Million Bitcoin Mining Farm Opened in ArmeniaA new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish […]

The post $50 Million Bitcoin Mining Farm Opens in Armenia appeared first on Bitcoin News.


October 20, 2018 0

Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’

Next Silicon Valley: Switzerland's Billion Dollar Cryptocurrency Startups FlourishThe top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more […]

The post Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’ appeared first on Bitcoin News.


October 10, 2018 0

Venezuela’s Petro Copied Dash, Claims Ethereum Developer

Venezuela’s Petro Copied Dash, Claims Ethereum DeveloperAn Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national cryptocurrency.    Also read: Bitcoin Cash […]

The post Venezuela’s Petro Copied Dash, Claims Ethereum Developer appeared first on Bitcoin News.


October 4, 2018 0

A Guide to Building Your Own Crypto Mining Rig

A Guide to Building Your Own Mining RigCryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash. Here’s a guide on how to build […]

The post A Guide to Building Your Own Crypto Mining Rig appeared first on Bitcoin News.


October 1, 2018 0

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

New Pos Terminal by Pundix Allows Nigerians to Make Purchases in BitcoinIndonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches […]

The post New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin appeared first on Bitcoin News.


September 29, 2018 0

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

Free Crypto Trading App Robinhood Available in Alaska and Oklahoma“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President […]

The post Free Crypto Trading App Robinhood Available in Alaska and Oklahoma appeared first on Bitcoin News.


September 28, 2018 0

Cash to Crypto Trade Blooming in Moscow, Reports Say

Cash to Crypto Trade Blooming in Moscow, Reports SayBuying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, […]

The post Cash to Crypto Trade Blooming in Moscow, Reports Say appeared first on Bitcoin News.


September 12, 2018 0

Africa and its Antiquated Banking: Bitcoin The Solution?

Africa and its Antiquated Banking: Cryptocurrencies The Solution?Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain and cryptocurrency? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug […]

The post Africa and its Antiquated Banking: Bitcoin The Solution? appeared first on Bitcoin News.


September 5, 2018 0

Three Hackers Held in China Over $87 million Crypto Theft

Three Hackers Held in China Over $87 million Crypto TheftThree suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD. Authorities say this is the biggest heist of this type in the People’s Republic so far. Also read: South African Tax Authority Going After Crypto […]

The post Three Hackers Held in China Over $87 million Crypto Theft appeared first on Bitcoin News.


August 19, 2018 0

The Best Bitcoin Alternatives – 4 Altcoins on the Rise

A lot has changed in the cryptomarket since Satoshi Nakamoto first released his revolutionary Bitcoin white paper nine years ago. Today, Bitcoin is not alone in the crypto space. There…

The post The Best Bitcoin Alternatives – 4 Altcoins on the Rise appeared first on CoinCentral.


August 7, 2018 0