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Largest UK Newspaper Raises Dwindling Bitcoin Supply to Millions of Readers
The United Kingdom’s most-read newspaper, The Sun, has raised the issue of Bitcoin’s increasingly limited supply to its tens of millions of readers. The newspaper ran the typically provocative headline “DRY SUPPLY: Bitcoin supply is running out as 85% of ALL coins now ‘mined’ – and experts say price could soar”. дальше »
2019-8-3 02:00 | |
Don’t Panic: Bitcoin’s ‘Plunging Supply’ Is a Feature – Not a Bug
Bitcoin presents a common-sense notion that’s surprisingly radical to many fully-grown adults: Once it’s gone, you can’t have any more of it. As commodities go, it acts more like a rare metal than a technology – hence its comparison to gold. дальше »
2019-8-3 21:40 | |
Don't Panic: Bitcoin's 'Plunging Supply' Is a Feature - Not a Bug
Bitcoin presents a common-sense notion that's surprisingly radical to many fully-grown adults: Once it's gone, you can't have any more of it. As commodities go, it acts more like a rare metal than a technology - hence its comparison to gold. дальше »
2019-8-4 21:40 | |
85% of All Bitcoin Have Now Been Mined
The vast majority of all bitcoin that are ever to exist have now been mined with issuance just reaching 85.01% today. Some 17,851,288 bitcoin have been mined now, with just... The post 85% of All Bitcoin Have Now Been Mined appeared first on Trustnodes. дальше »
2019-8-2 19:56 | |
85% of All Bitcoin Have Been Mined: Does Scarcity Create Value?
Despite the fact that Bitcoin is 50% down from its all-time high of $20,000, the project has continued to set milestones. As noted by countless cryptocurrency Twitter users on Wednesday, the number of Bitcoin that has been mined has officially surmounted 17,850,000. дальше »
2019-8-1 14:00 | |
85% of the world’s Bitcoin has been mined
Sound the alarm, bang the gong, yodel down an Austrian valley; as of yesterday over 85-percent of the total Bitcoin supply has been mined. But seriously, there’s no need to worry. According to various Bitcoin blockchain explorers and market information websites, over 17,850,000 Bitcoin (17,850,600 according to CoinMarketCap) have been mined and are classed as being “in circulation. дальше »
2019-8-1 12:39 | |
As Litecoin’s halving approaches, will LTC’s price surge, correct, or consolidate?
Five days from today, Litecoin will go through a process called halving. This is a fixed event that occurs every four years after 840,000 blocks are mined, reducing block rewards by 50 percent. As the date approaches, how will LTC trade? Litecoin Technical Analysis At the moment, it seems like Litecoin could be mimicking its behavior […] The post As Litecoin’s halving approaches, will LTC’s price surge, correct, or consolidate? appeared first on CryptoSlate. дальше »
2019-8-1 23:29 | |
Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMine
Crypto mining was a new frontier in 2011. Bitcoin’s ledger had just launched a couple of years earlier. Most were still barely getting used to the idea, and possibilities. At that point, it was common for Bitcoins to be mined from computers in basements and college dormitories. дальше »
2019-7-27 15:14 | |
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy. дальше »
2019-7-13 00:10 | |
AntPool Mines Invalid Block, Loses 12.5 BTC Reward
At a block height of 584,802, AntPool mined an invalid block and was forced to forfeit their 12. 5 BTC block reward. The rejection came as a result of an erroneous coinbase transaction and was spotted by Bitrefill dev Justin Camarena, as reported by The Next Web, July 11, 2019. дальше »
2019-7-12 17:00 | |
Bitmain lost $150,000 because it mined an invalid Bitcoin block
Bitmain-owned mining pool Antpool appears to have squandered at least $150,000 worth of Bitcoin mining rewards, reports BitMEX Research, the analytic arm of cryptocurrency exchange BitMEX. At 14:35 UTC, June 10, the Bitcoin network rejected a block after it had been mined, which effectively cancelled the 12. дальше »
2019-7-11 17:19 | |
Bitcoin Miners Feeling FOMO? Blocks Are Being Mined At January 2018 Pace
Bitcoin is a digital currency which is unique in many aspects, whether it is about, as an analyst Willy Woo puts, creating an internet scarcity, the fixed, hard cap limit on a new form of currency or the reduction in supply rate. дальше »
2019-7-10 15:58 | |
Hut 8 mines record amount of bitcoin (BTC) for Q2 2019
Hut 8 Mining, one of the world’s largest public cryptocurrency mining companies by operating capacity, announced today that for the this year’s second quarter it has mined 2,816 bitcoin (BTC) and has retained bitcoin of 3,250, both the highest quarterly amount in Hut 8’s history. For the second quarter of 2019, Hut 8 mined 2,816 […] дальше »
2019-7-9 19:36 | |
7 months after Hash Wars, Bitmain’s BTC.com appears to mine Bitcoin SV
BTC. com, the flagship mining pool of cryptocurrency firm Bitmain Technologies, appears to have started mining the Bitcoin Satoshi Vision (BSV) blockchain once again – a likely controversial move. дальше »
2019-7-3 14:17 | |
Bitcoin “Creator” Craig Wright Fails To Impress In Court
Self-proclaimed Bitcoin ‘inventor’, Craig Wright, was giving a testimony yesterday to explain why he can’t produce the public addresses of the bitcoin he has mined. Fortunately, law reporter, Carolina Bolado, was there to tweet progress as it happened. дальше »
2019-6-29 15:00 | |
Iran seizes 1,000 Bitcoin miners, says mining with state electricity is a no-no
Authorities in Iran have seized around 1,000 Bitcoin mining machines from two abandoned factories, according to Reuters. The report hasn’t stated what cryptocurrency was being mined, or for how long the farm had been operating. дальше »
2019-6-28 11:41 | |
VeChain Is Worth Watching, Deloitte, PwC, Walmart China Are Partners
It is now close to one year since the first VeChain block was mined. The VeChain Thor blockchain went live on June 30, 2018, and the startup hit the ground running. Walmart China, for instance, has. дальше »
2019-6-27 11:21 | |
‘Craig Wright is F***ed’ Says NY Lawyer
According to a lawyer holding licenses in New York, Hong Kong, and Taiwan, the self-proclaimed Satoshi Nakamoto, Craig Wright, is in serious legal trouble in his case against Ira Kleiman. The Craig Wright Lawsuit Back in February 2018, the brother of the now deceased David Kleiman filed a lawsuit against the self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright. дальше »
2019-6-25 23:00 | |
Location Data During Bitcoin’s Initial Genesis Block Show Craig Wright is not Satoshi Nakamoto
Crypto researchers keen with Satoshi’s whereabouts recently uncovered that Craig Wright’s ‘Self-proclaimed Satoshi’ theory is indeed inconsistent with facts. This was proven by the IP addresses of Craig and Satoshi back in 2009 when the first BTC was mined and transferred. дальше »
2019-6-20 23:30 | |
Automatic Bitcoin Micropayments Are Coming to Lightning Network
With the introduction of Joule Allowances, the Bitcoin network takes one step closer to achieving its potential for automated micropayments and ‘streaming money. ’ Joule Allowances Enables BTC Auto-Micropayments Since its inception, Bitcoin has been trying to live up to its promise of being an enabler of frequent, low-value, instant payments. дальше »
2019-6-19 02:00 | |
Judge Seals ‘Bitcoin Inventor’ Craig Wright’s Satoshi Documents
By CCN Markets: Florida judge Bruce Reinhart sealed the list of bitcoin holdings that self-proclaimed “Satoshi Nakamoto” Craig Wright was compelled to submit on June 17 pursuant to an order he issued last week. дальше »
2019-6-18 05:00 | |
Court Orders ‘Bitcoin Inventor’ Craig Wright to Put Up or Shut Up
By CCN Markets: A Florida judge ordered Craig Wright — the self-proclaimed inventor of bitcoin — to put up or shut up if he wants to prove that he’s Satoshi Nakamoto. In a June 14 motion to compel, federal magistrate judge Bruce Reinhart ordered Wright to produce a list of all the bitcoin he mined prior to December 31, 2013. дальше »
2019-6-16 20:41 | |
Bitcoin Halving Will Trigger ‘Supply Shock’, Warns Venture Capitalist
Coinspeaker Bitcoin Halving Will Trigger ‘Supply Shock’, Warns Venture CapitalistA Bitcoin halvening is a fixed event and will occur after every 210,000 blocks are mined, or confirmed, by the system. дальше »
2019-6-15 13:59 | |
A Better Store Of Value: About 60% Of BTC Hasn’t Been Moved In A Year
Bitcoin, being the most pricy and popular crypto, has always generated a lot of talk concerning its future. A recent tweet by a cryptoanalyst has everyone thinking of the long-term prospects for Bitcoin’s price and market stability. дальше »
2019-6-12 22:16 | |
Bitcoin [BTC], cryptos mined on open blockchains are illegitimate tools, claims Russia’s State Duma official
Bitcoin has traditionally been mined over open blockchains around the globe. However, according to a recent report, mining over open blockchains will lead to heavy fines being imposed on Russian miners. дальше »
2019-6-10 19:00 | |
Asteroid mining could inflate Gold’s supply, making Bitcoin a better store of value
Gold is known as one of the best long-term wealth storing assets during economic crises because of its reliably rare supply, which makes it maintain its value without much depreciation. Only 2,600 tonnes of gold are mined per year expanding the above ground supply at a yearly rate of 1. дальше »
2019-6-6 12:22 | |
Monero’s Riccardo Spagni: Bitcoin Network’s Longevity Gives it The Edge Over Other Crypto Assets
This January, Bitcoin marked a decade since its inception. The first block of the world’s biggest cryptocurrency was mined in January 2009. Over the years, Bitcoin has captured the attention of many, including individual traders, institutional investors, regulatory agencies and notable government institutions all over the world. дальше »
2019-6-4 19:46 | |
Binance: Monero Household Mining Unprofitable, Vulnerable to 51% Attack Post-Hard Fork
By CCN: Monero recently hard-forked once again to stave off ASIC miners, who take over the network after a time and are disliked by the Monero community. Monero would prefer to be a CPU and at-most GPU coin, which is mined by the people who use it. дальше »
2019-6-4 10:15 | |
What Happens When All the Bitcoins Have Been Mined?
Over 83 percent of all bitcoins that will ever exist have already been minted. Over 99 percent will be mined by 2040. So, what happens when all the bitcoins have been mined? Bitcoin Has a Finite Supply of 21 Million Bitcoins One of the key features of Bitcoin is its hard-capped finite supply at 21 million bitcoins. дальше »
2019-6-4 02:00 | |
Bitcoin [BTC] price surge could be a sign that institutions are FOMOing
In a recent twitter thread by Rhythm Trader, it was revealed that Grayscale Bitcoin Trust had accumulated 11,236 bitcoins in April. The tweet also said that 54,000 bitcoins were being mined per month and that Grayscale was buying up 21% of the new supply of Bitcoin. дальше »
2019-6-2 03:00 | |
State Street Global Advisors: Reports Of Gold Investors Flocking To Cryptos Have Been Exaggerated
Reports Of Gold Investors Flocking To Cryptos Have Been Greatly Exaggerated Bitcoin and gold share many similarities, including being used as a currency, transfer of wealth, store of value, and more – they also both can be “mined” for and boast relative scarcity as one of the reasons giving it such value. That scarcity is […] дальше »
2019-5-31 21:08 | |
John McAfee Shills New Freedom Coin Ahead of Fall 2019 Launch
By CCN: John McAfee is launching a new cryptocurrency that bears his name. The McAfee Freedom Coin will make its debut in the fall of 2019, according to the crypto maverick in a tweet. In true McAfee fashion, John is naming the coin after himself, but there are some surprising features, as well, and they mostly include what the coin won’t have. дальше »
2019-5-30 02:45 | |
Wall Street Bitcoin FOMO: Grayscale Gobbling Up 21% of Newly Mined BTC
Grayscale Bitcoin Trust (GBTC) is now buying up about 21 percent of newly mined BTC monthly suggesting increasing demand from Wall Street. Insatiable Wall Street Appetite for Bitcoin According to a Wednesday (May 29, 2019) tweet from Bitcoin analyst Rhythm, Grayscale bought more than 11,000 BTC in April 2019. дальше »
2019-5-30 02:00 | |
Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
5 bite-size Bitcoin factoids to beef up your cryptocurrency knowledge
Bitcoin celebrated its 10th birthday earlier this year. The cryptocurrency is technological feat and while its inner workings are often difficult to understand, or explain, there are a few interesting facts every enthusiast should know. дальше »
2019-5-24 18:30 | |
Australian Government Employee Charged With Mining Crypto at Work
A 33-year-old Australian IT contractor has been charged after he allegedly mined cryptocurrency on government computer systems. дальше »
2019-5-21 13:00 | |
Aussie Bitcoin Miner Retrofits Government Computers, Faces 10 Years in Prison
By CCN: A man from Sydney, Australia will appear in court on Tuesday after turning a government computer into a bitcoin mining rig. He allegedly mined $9,000 worth of cryptocurrency on the modified machine. дальше »
2019-5-21 12:26 | |
Bitcoin Surged 10x After 2016 Halving; Will 2020 See a Similar Result?
By CCN: In about every four years, the Bitcoin blockchain network experiences a block reward halving, a mechanism that reduces the rate in which new bitcoin is generated or mined by miners. The block reward halving has typically served as a key fundamental factor behind the dominant cryptocurrency’s major rallies. дальше »
2019-5-20 20:00 | |
Bitcoin [BTC]: Andreas Antonopoulos explains reason behind unknown block versions being mined
Andreas Antonopoulos, the author of Mastering Bitcoin and well-known Bitcoin proponent, spoke about unknown block versions being mined in relation to the Bitcoin blockchain, during the latest Q&A session on YouTube. дальше »
2019-5-16 04:30 | |
The Price of Bitcoin in USD is Soaring to 2019 Highs, Here’s 12 Major Factors Behind the BTC Boost
The price of Bitcoin has been on a steady rise since April. Several people are asking what is behind the surge so here are the major factors behind the current surge which is not likely to stop anytime soon. дальше »
2019-5-11 21:45 | |
Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
Litecoin Registers Largest Monthly Gains Since 2017 as Scheduled August LTC Halving Nears
As many of our readers are probably already aware of, the Litecoin (LTC) blockchain is all set to undergo a “halving event” this coming August. The process is carried out every time a set of 840,000 blocks are mined from within the currency’s native ecosystem — an event that roughly occurs once every 48 months. […] дальше »
2019-5-10 16:43 | |
Craig Wright’s evidence he’s Satoshi in unredacted court documents is a “lazy copy-paste job”
A filing showing the list of addresses that were supposed to prove that controversial figure Craig Wright was, in fact, Satoshi Nakamoto, has been unsealed. Deeper inspection of the list, however, showed that the blocks Wright claims to have mined are merely a “lazy copy-paste from the blockchain,” researchers from Wizsec Security found. дальше »
2019-5-10 12:14 | |
Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List
The ongoing lawsuit between the relatives of Dave Kleiman and Craig Wright continues to unfold as a filing has been unsealed that shows a list of addresses tied to the first 70 bitcoin blocks Wright claims to have mined. дальше »
2019-5-8 19:48 | |