Bitcoin Cryptocurrency News

Bitmain to Increase Hashrate By 50% With 600,000 New Mining Chips

Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this new investment, the company expects to make over $1 billion in profits. Bitmain to Increase its Capacity By 50% Hash rate The battle to produce fast cryptocurrency Read more…

Bitcoin Cryptocurrency News Ethereum

Bitcoin v. Ethereum v. XRP: A comparative analysis of their distribution

There has been a recurring argument about the distribution of tokens and pre-mining of coins, especially for Bitcoin, Ethereum, and XRP. Some argue that the pre-mining and allocation of funds to founders/company has to be done to stay afloat. However, others disagree. This a touchy topic that dips its toes into ethics and morality. Bitcoin […]

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Cryptocurrency News Ethereum

Ethereum, Cardano Foundations among top 50 blockchain firms in Crypto Valley

Built on scientific philosophy and peer-reviewed academic research, the “third-generation” blockchain platform, Cardano, has often been touted as one of the best blockchains in the cryptocurrency space. Working alongside IOHK, a tech startup founded by Charles Hoskinson and Jeremy Wood, Cardano’s journey from the early stages of Byron to the most recent development of the […]

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Bitcoin Cryptocurrency News

Bitcoin Expert Schools ‘Idiot’ Scammer in Legendary Fashion

Somewhere, there’s a crypto scammer ruing the decision to pitch a fraudulent investment scheme to Bitcoin educator Ben Perrin. The Canadian YouTuber turned the tables on the scammer in epic fashion, defrauding the would-be thief and donating the proceeds to charity. So how did Perrin do it? The same way fraudsters manage to steal from Read more…

Altcoin Cryptocurrency News Litecoin

Don’t believe the hype; Litecoin’s price may stay grounded for a while

Litecoin’s halving is just five days away. Litecoin’s mining reward will be effectively cut in half and each miner will receive 12.5 LTC to find a new block, from the current reward of 25 LTC. The final block reward halving will occur in 2140. Halving remains a popular topic of discussion among cryptocurrency enthusiasts. If […]

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Bitcoin Cryptocurrency News

The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

For better or worse, bitcoin is now on the global political stage.  It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. Meanwhile, India just proposed an all-out ban on bitcoin while China scrambles to create Read more…

Bitcoin Blockchain Cryptocurrency News

3 Bitcoin Network Statistics Reach All-Time Highs

Bitcoin price may be losing ground, but its network is now more competitive – and secure – than ever before, new data shows.  Bitcoin Mining Hashrate, Difficulty, Transaction Output Value Spike According to monitoring resource Blockchain (formerly Blockchain.info), three essential Bitcoin 00 network metrics achieved new daily records at the same time this week. Hashrate, Read more…

Altcoin Bitcoin Cryptocurrency News Ethereum Litecoin

King & Jester: Bitcoin’s price rally was six-times that of XRP in Q2 of 2019, finds report

The king is running full steam ahead, and no one can catch up. Everyone who thought 2019 would be the “altseason” and Bitcoin would be pushed off its dominance perch, has had to eat their words. After going through a sluggish, but hopeful Q1, the second quarter has been nothing short of a bullish miracle, […]

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