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 […]
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 […]
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 […]
Some people call them cryptocurrencies. Others call them altcoins or alts. But to many they’re known as shitcoins: digital currencies that are like bitcoin but, well, crappier. Sure, they may boast faster transactions and lower fees, but they lack the brand recognition, network effects and catchy name. Without, they were destined to be doomed. Also […]
Bitcoin will be featured on another television series, The Big Bang Theory, airing this Thursday on November 30, 2017. In fact, the entire episode will be based on a bitcoin storyline as the cast finds a laptop with a cache of valuable cryptocurrency. See also: Bitcoin Touches a Milestone Price of $9K Across Global Exchanges The […]
Black Friday, the internet’s annual day for rampant consumer excess, is looming. On November 24, an online spending spree the likes of which hasn’t been seen since the last one, and which won’t been seen till the next, shall commence. As Black Friday’s profile has risen in recent years, so has that of its sister […]
Prominent Wall Street analysts from Fundstrat, Standpoint Research, and Galaxy Investment Partners are pointing to a coming bullish run on bitcoin, pushing the world’s most popular cryptocurrency beyond even the once-thought lavish 10,000 USD price point, and soon. Also read: Philippines to Legalize Bitcoin as a Security Wall Street’s Tom Lee Releases New Target CRYPTO FX (Lee): […]
