Bitfury is Building the ”Largest Bitcoin Mining Operation in North America”
Vancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious scheme will see the Canadian firm partner with mining specialists Bitfury, who will provide the hardware, software, and maintenance. Subject to necessary funding being raised, the deal is expected to be completed in 2018. Also read: Bitcoin-Based Ethereum […]
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With the exponential growth in bitcoin’s price this year and ‘blockchain technology’ becoming the hottest buzzword in the business world it is not surprising that investors are betting on everything crypto-related. The allure of capitalizing on this attraction is so strong, now even regular mining operators are jumping in – and even succeeding in rebranding […]
The number of jobs relating to bitcoin and cryptocurrency on Linkedin and Upwork has grown significantly in recent years. Both platforms report an increase in the listing of skills relating to cryptocurrency and blockchain technology by several hundred percent. Also Read: Meme Chart Mania: Is This the Tip of the Iceberg or Have We Already Hit […]
Border patrol don’t like bitcoin. In fact they dislike anything they don’t understand or have been programmed to distrust. Encryption, cryptocurrency, graphics cards, all of the tech we take for granted is anathema to suspicious customs agents. Whether you’re traveling into the U.S. or any other surveillance state, here’s what you should do to avoid raising […]
On November 29 there were quite a few bitcoin market spikes, and so-called flash crashes on exchanges, according to traders on social media and forums. One particular group of traders that really felt the storm when markets got turbulent were margin traders on exchanges like Bitfinex. In fact, if one were to visit the Reddit forum […]
An Australian man has recounted his story to local media of losing what would today be more than a seven-figure dollar sum of bitcoin, stressing that such should serve as a warning against storing one’s bitcoin’s keys on a cheap storage device. Also Read: Australian Tells Story of Throwing Away Hard Drive With 1400 Bitcoins Alex […]
Lately, people have been talking an awful lot about bitcoin forks and how to claim them. One particular fork that took place on October 24 called, ‘bitcoin gold’ (BTG), has been a hot topic recently. As the network’s wallet and exchange support grows larger, people are trying to figure out ways to split their bitcoin […]
This week the Bitcoin ABC development team released its medium-term plans for the Bitcoin Cash (BCH) roadmap. Developers say the proposal represents goals for the next 6-12 months. See also: The Cryptocurrency Market Cap Trends Higher – Commanding $300Bn This Week Bitcoin ABC and Seven Development Teams Aim to Improve Bitcoin Cash Two weeks ago news.Bitcoin.com […]
It takes a brave soul to bet it all on bitcoin. Yet six months ago, that’s exactly what one Redditor did, using $325,000 of equity to purchase 191 BTC. As one commenter put it: “Firstly, let me wish you good luck. Second, let me tell you how much of an idiot you are.” As bitcoin […]
Calculating transaction fees is like riding a bike or rolling a cigarette: simple when you know how, but frustratingly complex otherwise. UX improvements over the last few years have made bitcoin easier than ever to send and receive, but fee calculation is still something of a dark art. The following resources make fee calculation a […]
