The double blow, which consisted in falling prices and the ever-increasing complexity of mining, in 2018 became a complete knockout for Bitcoin miners. In this regard, let us consider whether to continue to mine bitcoin in 2019, and which altcoins can be a good option for the next year. For bitcoin mining in 2019, only cloud mining is practically the only profitable solution, since it minimizes all the costs associated with the placement, configuration, maintenance, maintenance and monitoring of equipment. At the same time, looking ahead, we note that Bitcoin mining (BTC) is the most reliable investment in our opinion,…
Author: BlockchainJournal
Venezuela uses Bitcoin to circumvent US sanctions at airports, rather than El Petro's own national digital currency. It is reported by the Cointelegraph, citing local media. According to media reports, President Nicolas Maduro introduced an automated system for collecting aviation taxes at the international airport of Maiquetia using the Jet Man Pay application with their subsequent conversion to bitcoins […]
Recently, professional participants in the financial market have been showing an increasing interest in cryptocurrencies , which requires Russian legislators to appropriately regulate the industry. However, before it is introduced, it is necessary to carefully study international experience. On July 25, First Deputy Chairman of the Council of Federation Committee on Constitutional Legislation and State Building, Lyudmila Bokova, offered to “analyze the experience of countries with developed economies before embarking on the active phase of developing legislative mechanisms to regulate cryptocurrency in Russia,” during the round table entitled “Is Russia Ready for legislative regulation of cryptocurrency? ". [embedded content] The…
Facebook CEO Mark Zuckerberg said that the world's largest social network does not abandon plans to launch a digital currency, Libra, and will spend "as much time as it takes" to win over regulators and other interested parties. Zuckerberg made a corresponding statement this week during a conference call with investors on Facebook, during which he tried to reassure […]
According to data from local sources, Norwegian Air will start accepting payments in Bitcoin cryptocurrency, and in the future will present an updated trading crypto platform. On the eve of the post of CEO of Norwegian Air took Lars Ola Kjos, son of the founder of the airline Bjorn Kjos. It is known that Lars Ola Kios is a Bitcoin investor, in 2017 he acquired a cryptocurrency of $ 404,000. Currently, the Kyos family is almost completely owned by the Norwegian Block Exchange (NBX). In August, however, according to the plans, its updated version will be presented. The new trading…
Binance, a major crypto-exchange, has announced the integration of Trust Wallet with many decentralized exchanges (DEX) – this was made possible through the use of the Kyber Network protocol. Recall that Binance acquired Trust Wallet, the open source decentralized coffer that originally supported ETH and ERC-20 standard tokens, last summer. After expanding the range of digital assets available to users, Binance announced the launch of Trust Wallet on its non-custom Binance DEX platform. The multi-DEX functionality will be understandable even for users who are only familiar with cryptocurrencies and tools for working with them. Users will have access to a…
Recently, professional participants in the financial market have been showing an increasing interest in cryptocurrencies, which requires Russian legislators to appropriately regulate the industry. However, before it is introduced, it is necessary to carefully study international experience. This was stated by the first deputy chairman of the Committee of the Council of the Federation on constitutional legislation and state-building Lyudmila Bokova during the […]
The list of contenders for the status of the creator of Bitcoin Satoshi Nakamoto replenished with another person. They became the Belgian Debo Juergen Etienne Guido, reports Cointelegraph. A letter stating that he was the creator of the first cryptocurrency, Guido sent July 22 to the federal court in Florida, where the consideration of the case of Kleiman v Craig Wright continues. “I hereby testify that I am true […]
The number of bitcoins , which lie on the purses without movement for more than 5 years, reached record heights – about 21.6% of the coins can be called "inviolable". According to the company Coin Metrics, at the moment almost 4 million BTC are lying without movement for more than 5 years, and the increase in the number of such coins has been observed since mid-2015. Also, the volumes of bitcoins are growing, which have not been used for more than half a year (12.5 million BTC) and a year (about 10 million BTC). At the same time, the number…
Dan Morehead, an industry-oriented cryptocurrency CEO and Pantera hedge fund blockchain , believes Bitcoin’s price trend is evidence of its ability to reach $ 42,000 this year and $ 356,000 two years later. “Let's take a graph of bitcoin prices on a logarithmic scale to eliminate crazy exponential growth, and get a fairly stable line, ” he said in a new release of the Unchained podcast . There are a few bubbles. Of course, in 2013, when Bitcoin grew 83 times. And in 2017, too. ” According to Morehead, CAGR Bitcoins on historical data constitute 235%. “When Bitcoin was trading…