The Mystery Of The Lost Bitcoin…

| November 30, 2017

Earlier this week, IG Markets chief strategist Chris Weston described bitcoin and other cryptocurrencies as a  massive influx of retail investors getting into the cryptocurrency as a “mania” fueled by press headlines and fear of missing out. Bitcoin’s exponential 1,000 percent rise this year has captured imaginations and led to warnings of a “bubble.” Its current market […]

Could Bitcoin Mining Consume All The World’s Current Electricity Production By Feb 2020?

| November 24, 2017

This is as interesting as it gets! While Bitcoin Mining is only currently consuming 0.13% of the world’s electricity output, it’s growing incredibly quickly. The Bitcoin Energy Consumption Index estimates consumption has increased by 29.98% over the past month. If that growth rate were to continue, and countries did not add any new power generating capacity, Bitcoin mining would: Be greater […]

Bloq Says “We’ve Built A Thousand-Year Cryptocurrency” – And It Works On Multiple Blockchains

| October 25, 2017

Bloq, a new startup co-founded by Jeff Garzik, is launching a new cryptocurrency called Metronome, which can switch between blockchains. This is big news and may create radical change in the landscape of the cryptocurrency markets.   Coindesk reports … Long a controversial figure at the center of the debate on how best to scale the public bitcoin blockchain, Garzik’s […]

The Canadian Mint Is Working On A New Digital Money Project Called ‘MintChip’, No It’s Not Ice Cream…It’s A New Form Of Digital Currency, Does BitCoin Ring A Bell?

| October 31, 2013

BitCoin may have become the fuzzy model for countries around the world to modify the digital money idea. Software engineers for Crown Corp in Canada will begin pilot testing a novel form of digital currency that so far has received little attention.  It has the potential to revolutionize how we do business. “Where we’re going is not a […]

The BitCoin Model Is Being Challenged By A Huge Federal Bust Of Anonymous Internet Kingpin Silk Road Website And Owner

| October 2, 2013

Reuters reports: U.S. law enforcement authorities raided an Internet site that served as a marketplace for illegal drugs, including heroin and cocaine, and arrested its owner, the Federal Bureau of Investigation said on Wednesday. The FBI arrested Ross William Ulbricht, known as “Dread Pirate Roberts,” in San Francisco on Tuesday, according to court filings. Federal […]

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