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Intel manufacturing complex which was abandoned bought for $13M to mine Bitcoin

A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel дальше »

2018-6-25 21:01


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6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen. дальше »

2018-6-24 23:00


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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. дальше »

2018-6-23 07:00


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Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.   Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies. дальше »

2018-6-22 09:00


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Bitcoin’s Upside Price Potential Could Stop With New Resistance

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would дальше »

2018-6-21 18:27


The Daily: Akon introduces A

Additional stories include an ICO mogul who bought land worth $19 million with bitcoin, a massive trove of Coinbase customers’ complaints and more. Also Read: Control of Highly Demanded Crypto Classes May Spark Turf War at Universities Akon Launches Akoin Akon, the Senegalese-American singer, is launching his own cryptocurrency token called Akoin. ICO Mogul Buys дальше »

2018-6-21 16:45


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$ 6,800 ceiling? New anti-shield Bitcoin’s Corrective Rally

Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally. Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, дальше »

2018-6-21 16:19


PR: Essentia.one Earmarks $11m to Foster Development of Projects Based on Its Protocol

The decentralized interoperability protocol Essentia is set to launch a fund valued at over $11 million to expand their ecosystem and incentivize projects to be built on top of the platform. The fund will drive development of a thriving program to accelerate real world adoption of blockchain technology, based around Essentia’s enterprise-oriented solutions, while forging close ties with the community, without whom we could not have reached this stage. дальше »

2018-6-20 20:30