Category: Bitcoin News
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Bitcoin Hash Rate Continues To Increase, Reaches 61.8 EH/s
Even in a bear market, the Bitcoin network’s hash rate continues to trend upward, reaching 61.8 EH/s. Hash rate is best described as the number of hash functions that are executed across a period of time. In most cases, this is measured in seconds. To get an idea of how much 61.8 EH/s is, let’s…
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Square Inc. Wins Innovative Crypto Patent Amid President Trump’s Accusations of CEO
San Francisco-based company Square Inc. has won a new patent that will allow merchants to accept all forms of cryptocurrency payment, a victory that could impact mass utilization of digital assets. Increased Processing Speeds Are on the Horizon The mobile-payment processing company filed the patent in September 2017, after being approved by the U.S. Patent…
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BTC.com Launches New Ethereum Mining Pool
Amid a multi-month bear market, cryptocurrency mining has fallen to the shadows as a key player in industry growth. However, one of the largest bitcoin mining pools, BTC.com, is launching a new mining client for Ethereum and Ethereum Classic. BTC.com Produced 21 Percent of All-New BTC Last Year Bitcoin mining pool BTC.com is extending its…
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Inside the Battle to Become the World Currency
As the former reserve currency of central banks and the default denomination of the global oil market, the U.S. dollar has dominated the world’s financial system for the past 70 years, as well as served as a safe-haven for those trying to escape their own, crumbling native currencies. However, the status of the greenback may…
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Bitmain Prepares for Inaugural World Digital Mining Summit
Bitmain CEO Jihan Wu and Bitcoin(.com) CEO Roger Ver are set to discuss upcoming ecosystem developments, protocol upgrades and more during the first-ever World Digital Mining Summit, taking place Sept. 21-23, in Tbilisi, Georgia. Bitmain Heads to Tbilisi Bitmain Technologies and BitKan have teamed up to host the World Digital Mining Summit, according to an…
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Roger Ver and Charlie Lee Discuss Bitcoin, Bitcoin Cash and Litecoin
The cryptocurrency bear market has left many traders wondering which digital assets will emerge on top. On CNBC’s Fast Money, industry leaders Roger Ver and Charlie Lee shared their opinions on Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH) investments. Roger Ver Bullish on BCH Roger Ver, known in the crypto community as “Bitcoin Jesus,” answered…
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Blockchain Island Homes For Sale: Buy a 17th Century Home in Malta with Bitcoin
Malta has emerged as a global leader in blockchain innovation, recently passing a series of pro-blockchain bills into law that have caused blockchain and cryptocurrency platforms around the world to consider “Blockchain Island” as a potential new base of operations. Maltese real estate isn’t only for international crypto exchanges such as Binance, however. A new…
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Bitcoin Rallies Above $6900, Tether Fires Up the Printers
Bitcoin has been rocked with another remarkable late-night buy rally, seeing the coin scrape the $7000-mark for the first time in weeks after a $2 billion, 5-minute feeding frenzy. Lifting Bitcoin to an apex of $6942, the rushed buy wall has pushed the coin to its highest levels of price and market capitalization since Aug.…
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How Bitcoin May Hit $3,000 According to Prominent Investor
Bitcoin is still in a bear market with its price stable in the mid-$6,000 range. While the majority of experts see the price of the dominant cryptocurrency recovering in the months ahead, one investor sees Bitcoin price going down to $3,000. Anthony Pompliano, a widely recognized face in the global cryptocurrency community and the founder…
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BitMEX Research: Does Satoshi Hold A Million Bitcoin?
BitMEX Research, the think-tank of the world’s largest BTC/USD exchange, re-tackled old evidence suggesting the original cryptocurrency’s enigmatic creator may hold up to a million Bitcoin. In a post published Aug. 20, the exchange’s research division resurfaced the 2013 argument of blockchain researcher Sergio Demian Lerner — who at the time reported Nakamoto having a…