A Glimpse into Bitcoin’s Struggle this Year- Tech Trends

2018-7-1 06:29

This, in turn, saw GPUs rise to absurdly high prices though Nvidia largely downplayed Bitcoin’s role in the company’s fortunes.
This year, however, has seen the cryptocurrency’s fortune’s take a turn for the worst.
It is difficult to say rather the low value led to a loss of consumer interest or the other way around.
Chief among them are a number of recent hacks which have seen cryptocurrency exchanges lose millions of dollars in coins.
It’s too soon to declare Bitcoin or cryptocurrencies “dead,” but many experts are advising investors to use caution when considering the currency.

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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.

2018-6-23 07:00