Monthly Archives: July 2018

Quebec Mining Drama: Bitmain Money Muscle or Local Sour Grapes?

Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Quebec Mining Drama Continues and So Does Debate About Influence Quebecers are known for their regional passion. They’ve openly fought to preserve their French roots in language, for example, […]

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The Japanese GMO Miner B2 is Sold Out, Here Comes the B3

While still in pre-order stage the first 7nm ASIC miner for Bitcoin (SHA256) – the 24 THS GMO B2 miner has been sold out. The Japanese company behind the project however is apparently ready with a successor – the GMO miner B3 that will be offering variable hashrate of 24-33 THS with 1950-3417 Watts of power usage respectively at the same price of 1999 USD. The new miners will come with 180 days of warranty and the price includes a 4 kW power supply as well. GMO […]

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Comino N1 Miner – The Vanity Mining Rig

comino n1 miner, tron mainnet deemed safe, indian government ban, and stop trying to create your own money says made up organization! Sign up with coinbase. buy or sell 100 dollars in crypto currency and get 10 dollars of bitcoin for free with this link to coinbase. https://www.coinbase.com/join/59ab37900671d100b3c25cc5 Want to donate to the channel? Donate Litecoin and send me an email saying how much you sent and I’ll try to thank you at the end of the next video! https://steemit.com/@mrsotko Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum donation address: […]

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World’s Largest Crypto Exchange Binance ‘Expects’ 2018 Profits up to $1 Billion

Binance has revealed sky-high profit forecasts for this year as its expansion plans continue. Cryptocurrency exchange Binance “expects” profits to reach $1 bln in 2018, CEO Changpeng Zhao told Bloomberg in an interview today, July 6. Speaking as his platform recovers from a week of technical difficulties which saw trading temporarily suspended, Zhao revealed figures that defied the idea crypto exchanges’ success depends on market prices. Despite Bitcoin (BTC) trailing below $7,000 for almost the past month, Binance’s first-half revenue came out to be around $300 mln, […]

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The Daily: Bittrex Invades Europe and Blockchain Gets Raunchy

From the sublime to the smutty, today’s Bitcoin in Brief runs the full gamut of emotions and stories. These include Bittrex’s new foray into Europe, EOS’ quest to offload its billion-dollar warchest and Jackson Palmer’s viral new project, 50 Shades of Blockchain. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Bittrex Teams Up with Invest.com US-based exchange Bittrex has released details of a new venture with Invest.com. The pair will be creating a digital asset trading platform, to open to EU traders initially. It will […]

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Bitcoin: Could This Be The Change That Is Needed?

PoWx Is Here Things are about to get a little bit more interesting for the Cryptocurrency industry and Bitcoin especially. This new approach could completely change Bitcoin mining and remove a lot of the pressure of the excessive power used in order to mine this particular Cryptocurrency. After a lot of hard work and a few challenges, new foundation PoWx has launched finally. The sole aim of the PoWx project is to make the huge difference in Bitcoin that is long overdue. PoWx is working on the […]

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Global Data Report: Cryptocurrencies are Expensive, Slow, Unspendable, Cannot Scale

Cryptocurrencies – Thematic Research, a report recently issued by Global Data, is attempting to smash what it views as myths and huge untruths about the hype surrounding crypto. Among their findings, the company concludes cryptocurrencies are expensive, slow, mostly unspendable, and cannot scale to meet their projected demand. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Cryptocurrencies Expensive, Slow, Unspendable, Cannot Scale Talk about kicking a fellow when he’s down (assuming cryptocurrencies are male). London-based research firm, founded in 2006, Global Data, released […]

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PR: Quoine’s ICO Platform Adds BCH as Funding Currency

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. The Bitcoin Cash community can now use their BCH to take part in ICOs and Private Sales on QUOINE’s ICO platform. The global fintech company already allows token sale participants to use BTC, ETH and QASH. The addition of BCH adds a […]

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NiceHash and Excavator Now With Support for the X16R Algorithm

The X16R crypto algorithm introduced by RavenCoin (RVN) is getting more widely supported now that NiceHash has added support for users to sell and purchase X16R mining hashrate. Alogng with the support on the website for X16R the Excavator Nvidia GPU miner software developed by the service and also a part of their NiceHash Miner software also got support for the X16R algorithm. Apart for the new support of the X16R crypto algorithm, the Excavator miner also supports the following algorithms on more recent Nvidia GPUs: equihash, […]

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Japanese Man Exploits Free Company Electricity to Make $500 Secondary Income Mining

Trading isn’t the only way to acquire crypto. Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing company explained to Daily SPA. “A miner is the machine that supports this encryption process. If you mine Bitcoin, you can process 12.5 bitcoins in 10 […]

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