The difficulty adjustment can decrease profits for miners as the difficulty increases just as newer, more efficient hardware is released. This is an opinion editorial by Alex, a bitcoin miner with Kaboomracks. It is important for individuals looking at bitcoin mining for the first time to understand the importance ofContinue Reading
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC) remained near a one-weekContinue Reading
Bitcoin lending is the future of DeFi, settled in the most robust blockchain. Here’s how it works and what you can do to get a bitcoin-backed loan. Loaning your bitcoin invites an element of risk that you may not need to incur. You should not make any financial, investment, tradingContinue Reading
The tired argument that Bitcoin is a Ponzi scheme is really more applicable to fiat, which makes it impossible for us to retain savings. This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioningContinue Reading
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts the funds to local currencies priorContinue Reading
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct.Continue Reading
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained below $1,300. Bitcoin BitcoinContinue Reading
Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today. Bitcoin mining companies continue struggling to survive the ongoing bear market. Dreams of outperforming bitcoin as a public mining company are long gone. Bankruptcies and lawsuits make routineContinue Reading
Bitcoin will shape the future of humanity in the wake of the 2008 financial crisis and the COVID-19 pandemic. This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development. The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity,Continue Reading
Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin (BTC)Continue Reading
