Archive | bitcoin mining

Bitcoin Price Watch: Currency Spikes to Nearly $7,300

At press time, the father of cryptocurrency has jumped to $7,327. This is a massive increase from yesterday’s price, and a clear sign that bitcoin is strong enough to handle present resistance, which is set at roughly $6,800. Granted the currency can step beyond that level, we are likely to witness $7,600 next, according to […]

Kodak-Branded Bitcoin Mining Rig Labelled a Scam

KashMiner, a Bitcoin mining computer which was on display on Kodak’s official stand at the CES technology show in Las Vegas in January, turned out to be a misleading product with unachievable advertised profits. The product, which was never officially licensed by Kodak, will not go ahead, according to the company behind the scheme. BBC… […]

Change.org Creates The Mining Screensaver to Benefit Its Foundation

An online petition platform has created a screensaver that turns idle computer systems into Bitcoin miners. Change.org will take the revenue generated by their new initiative and use it to help fund the Change.org Foundation. Change.org Foundation Will Use Donations to Help Build Social Movements Around the World The idea behind The Mining Screensaver is… […]

Bitcoin Price Watch: Currency Remains at $6,200

At press time, the number one cryptocurrency in the world remains at $6,200. The coin has stayed in this position for more than 24 hours, giving us plausible evidence that perhaps things are beginning to settle… Unfortunately, one source is suggesting that another fall to $6,000 – or perhaps even less – may occur in […]

New York State Prepares to Welcome Bitcoin Miners With Cheaper Electricity Rates

The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there […]

Bitcoin Bull Tom Lee Maintains His $25,000 Prediction for 2018

Uber Bitcoin Bull Tom Lee was back in his favorite seat on CNBC’s Fast Money defending his reputation after a small hedge on his $25,000 BTC year-end prediction had critics calling him bearish. Lee Rankles at Being Labeled Bearish The Founder of Fundtsrat and the only major Wall Street strategist to issue bitcoin price targets said… […]

Bitcoin Mining Con Artist Arrested Over $15 Million Fraud

A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months. Mining Fraudster Defaults on 3,000 Orders The suspect has only been identified by his… […]

44 Bitcoin Forks Have Emerged Within 10 Months, Crypto Investors Not Convinced

Bitcoin Private, Bitcoin Diamond, Bitcoin Gold, Bitcoin Atom, Bitcoin Candy, and Bitcoin Pizza are some of the 44 bitcoin forks that have emerged since the initial Bitcoin Cash hard fork in August of last year, as TNW reported. Within the past 10 months, 44 forks of the Bitcoin protocol have emerged, but crypto investors are… […]