The price of Bitcoin surged 50 percent pas 6 months. This is based on the chronological halving that occurred in 2012. The crypto currency miners need to show proof of work before getting block rewards for mining Bitcoin and deciphering cryptograms. The block reward stood at 50 BTC when alleged Bitcoin inventor Satoshi Nakamoto enforced…
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Bitcoin markets weren’t particularly positive in today’s trading session as the market sentiment doesn’t seem to showcase that of a bearish attitude in spite of the recent recovery. Thankfully, bitcoin prices have stayed above $1000 since the upward spike pushing the price above such levels, and support has been sufficient to keep the price from…
A couple of bullish buy orders appear to have pushed BTC/USD rates above what had previously been dubbed as a resistance level. This is the first time bitcoin’s price reached above $1000 in such a fashion after the price fall and the lack of resistance is remarkable. Perhaps the market’s support preventing the price from…
Bitcoin miners get two incentives for mining the crypto currency. One is from minting reward of producing a new block. The other is from transaction fees which are part of the block. The first highly popular virtual currency managed to stimulate a passion for Blockchain technology. Yet, cracks start to show in Bitcoin security as well…
There are several requirements in mining Ethereum with the desktop computer provided it has a dedicated.GPU or graphic card. Latest models of AMD or NVDIA can offer very good results. These cards can be plugged into the Peripheral Component Interconnect Express (PCI-E) slots on the PC motherboard. Make sure the graphics card has 2 (Gigabytes)…
BTC/USD markets are having a hard time recovering above $1000, in spite of some support for such price levels coming forward in the last few days. Markets seem to be giving into selling pressure time after time, with the recent downward spike having put bitcoin markets in a position where trading above $1000 seems increasingly…
When first reading or learning about bitcoin, one is bound to hear that it is a decentralized and anonymous cryptocurrency. The decentralized nature will not be the focus of this article. Rather, we will be questioning whether bitcoin is truly anonymous and to what degree. The first question that needs to be answered is what does…
An analyst claims the value of Bitcoin will double once more. Benjamin Smith, an editor of Lombardi Letters, a top news site for financial news and commentaries, wrote he sees many reasons for the crypto currency to rise again this year. The site focuses on economics, stock markets and precious metals. The price of the…
Modernization has taken place in urban hubs worldwide during the last century. According to projections, almost 70 percent of the global populace will relocate in metropolitan areas by 2050. This number is expected to increase twice as many within the next century. Another forecast is there will be around 40 Mega Cities or urban centers…
Bitcoin’s price seems to still be affected by the negativity ushered by yesterday’s selling pressure. BTC/USD rates might have recovered from the low levels reached in the preceding but the market’s sentiment isn’t at a particularly high point. The price seems to be having a hard time breaking above $1000 after the dip caused by…
