If you have not spent the last couple of years in a hermitage, you've probably heard about bitcoins and blockchain. Now, even schoolchildren are actively engaged in mining. Let's try to figure out what is really blockchain and why everyone is going crazy. The heart of the matter Blockchain technology is primarily designed for secure … Continue reading Simply about Blockchain
The smallest in terms of assets the Bank of Canada VersaBank announced the creation of a digital vault for cryptocurrency. The new service will be launched in June. "We’re using what banks are all about -- safety and security -- only what we’re doing now is saying that physical box in the basement is getting … Continue reading Canadian VersaBank is Building a Digital Storage for Cryptocurrency
LitePay is the new processing service for the Litecoin cryptocurrency. It will be launched in the near future and will allow companies and merchants around the world to quickly and easily accept "digital silver" as payment for goods and services. https://twitter.com/LTCFoundation/status/943960649335492616 The beginning of work on LitePay was announced by the Litecoin Foundation in December … Continue reading LitePay Will Be Launched in The Near Future
Specializing in the sale of real estate Japanese startup company Yitanzi announced the plans to accept bitcoins as a payment. Currently, one commercial property is for sale - a small building worth 547 BTC (approximately $ 6.4 million at the current rate). The technical director of Yitanzi Yokozawa Yuske reported that now many crypto-enthusiasts are … Continue reading Japan Begins to Sell Real Estate for Bitcoin
Until recently, the Bitcoin rate was around $ 15,000, occasionally increasing or decreasing. But after the news about a possible ban on trade of cryptocurrencies in South Korea and the termination of mining in China, the cost of cryptocurrency began to decline. This morning the Bitcoin's exchange rate dropped below $ 12 thousand. So, over … Continue reading The Rapid Fall of Bitcoin. What’s Happening to Cryptocurrency Market?
After the rodeo last week, when the cost of Bitcoin increased by more than $ 5,000 in two days, there was a relative calm this week. Trades were held in the corridor from $ 15,000 to $ 17,500. But this relative calm has not continued for a long time. Already on Saturday, the bitcoin rate … Continue reading Bitcoin Tops $20,000
Big event today in the world of crypto-currency, or even a historical one. The Bitcoin exchange rate overcame the mark of $ 10,000. Besides, just two days ago a bar of $ 9,000 was taken. But even more impressive is the fact that Bitcoin has overcome from $ 7,000 to $ 10,000 (43% increase) in … Continue reading Bitcoin Rate Overcame the Mark of $10000
The Bitcoin's crypto currency is becoming extremely popular and expensive, but it requires a significant increase in energy consumption during the mining process. British researchers estimated that the total amount of energy spent on Bitcoin mining already exceeds the energy consumption level of 159 individual countries around the world (or collectively 71 countries with … Continue reading Bitcoin Mining Consumes More Electricity Than 159 Individual Countries