Monthly Archives: May 2018

Revenues Down, Hashrates Up: 2018 Mining Outlook By The Numbers

Recovered markets are revitalizing the profitability of mining. Bitcoin (BTC) mining may well be the lifeblood of the cryptocurrency but the industry is in a constant state of flux for a number of reasons. 2017 was a banner year for cryptocurrencies in general, but Bitcoin was the standout as it soared to an all-time high of $20,000 in December. As it gripped people around the world, the demand for Bitcoin saw the price of the currency surge higher and higher. This made mining a lucrative business. As […]

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Darknet Markets: Learning How to Get There is Half the Battle

So you’ve recently heard about a place called the Deep Web, and the underground darknet markets (DNM) that reside there offering narcotics like cannabis online. Using these websites and the wares these markets sell may be illegal in your country, so learning to take the necessary precautions before visiting a DNM is an absolute must. Educating yourself on the basics of operations security (Opsec) is a great idea before exploring the depths of DNMs found on the invisible web. Also read: Six Alternatives to Telegram for Cryptocurrency Communities […]

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Op Ed: Can Solar Power Drive Bitcoin Mining in Africa?

While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story. The Blockchain Africa Conference came to a close last month in Johannesburg, South Africa. Around the same time, the Kenyan government set up a task force to study the impact of the technology. There are plenty of other blockchain communities growing around Africa too, in places like Nigeria, Sudan and Algeria. Although not without difficulties, the growing connectivity and an advancing computer […]

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Russian Crypto Blogger Found Dead In Petersburg Apartment

The 23-year old Russian crypto blogger known online as Pavel Nyashin has been found dead in the apartment he shared with his mother in St. Petersburg. The Russian cryptocurrency investor and blogger known online as Pavel Nyashin has been found dead in his Petersburg apartment, according to local media. The 23-year old was previously assaulted in his country residence in Leningrad Oblast in January, when masked assailants stole 24 mln rubles ($425,000) in cash, after Nyashin had boasted of his crypto-derived wealth online. Following the attack, Nyashin […]

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46% of This Year’s ICOs Launched with Nothing More Than an Idea

They say that everyone has at least one brilliant idea; it’s just that most people never do anything with it. It’s one thing to have a eureka moment, but implementing it requires time, effort, and capital. Thanks to the advent of ICOs, at least one of those problems has now been solved. Almost half of this year’s crypto projects launched their ICO with little more than a white paper and an idea. Also read: Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token […]

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Bitmain Has Announced Antminer Z9 mini ASIC Miner for Equihash

We already knew this was coming, but ow it is official Bitmain’s Antminer Z9 mini for the Equihash mining algorithm used by ZCash (ZEC) and quite a few other crypto currencies is going to start shipping around 20-30th of June. Bitmain is taking pre-orders for these new ASIC miners for Equihash at $1999 USD without power supply and shipping cost and they are able to deliver 10000 Sol/s at 300W, so not that much faster compared to a powerful GPU mining rig, but at lower price and […]

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CFTC’s Christopher Giancarlo Criticizes Outdated Regulatory Mandate

The chairman of the United States Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, recently discussed the challenges associated with assessing the regulatory implications of bitcoin and cryptocurrency according to the CFTC’s “decades[-]old” legislative mandate. Also Read: Openbazaar Co-Founder Expresses Frustration Over BTC Fees CFTC Chairman Criticizes 1930’s Legislative Apparatus In a recent interview with CNBC, Mr. Giancarlo acknowledges the inappropriateness of the CFTC’s antiquated regulatory apparatus when assessing the innovative phenomena of bitcoin and cryptocurrencies. When asked of the legal classification of bitcoin, Mr. Giancarlo stated: “It’s a […]

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PR: DASHUB Selects Clears for KYC and AML Compliance

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. -DASHUB Inc., signs commercial agreement with Clears as its exclusive KYC/AML user verification solution.- -Clears provides DASHUB’s users with international compliance, data privacy, security, and frictionless interaction using the blockchain- NYC-New York- May 03rd 2018 – ​Clears, a revolutionary data-less Know Your […]

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Introducing the 2018 Map of the Blockchain/Crypto Ecosystem

The 2018 edition of BTC Inc’s “Map of the Blockchain/Crypto Ecosystem” has been unveiled. The map provides a visual representation of “the space” in the form of a city skyline with buildings displaying the logos of various entities. While many of the logos were selected by BTC Inc’s editorial staff to reflect the most prominent and successful blockchain and crypto ventures, others were purchased by these projects as sponsorships. “This map is meant to provide a captivating snapshot of what has become a diverse and dynamic space,” […]

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Goldman Sachs Plans to Trade Bitcoin Futures Contracts

Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks and volatility associated with trading bitcoin and have yet to make public forays into the space. What Exactly Is Goldman Trading? In the next few weeks, the firm plans to deploy its own capital to buy and sell bitcoin futures contracts and non-deliverable forwards, or futures with greater […]

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