Iceland May Implement Bitcoin Mining Tax Due to Energy Consumption

Mining Bitcoin can be a lucrative venture under the right circumstances. With access to sufficient hardware, the mining process becomes a lot easier. Additionally, operators need cheap electricity to keep operational costs low. In Iceland, it seems the demand for electricity is on the rise thanks to Bitcoin mining. In fact, the electricity consumption for … Continue reading Iceland May Implement Bitcoin Mining Tax Due to Energy Consumption

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Major Oil Company is Using Ethereum Blockchain to Process Gas

The number of use cases for blockchain is quite substantial. It is evident there are a lot of opportunities waiting to be explored. Amalto SA and ConsenSys are teaming up for a new joint venture. The goal is to use the Ethereum blockchain to automate ticket-based processes of oil and gas. It is a pretty … Continue reading Major Oil Company is Using Ethereum Blockchain to Process Gas

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CFTC Indicates Hedge Funds Expect Bullish Bitcoin Price Momentum

Bitcoin futures have not made an immediate impact on the market as of yet. That situation may come to change a lot sooner than people realize. Multiple hedge funds are currently looking at these futures contracts in a positive light. More specifically, new figures indicate we will see some bullish momentum affecting the market very … Continue reading CFTC Indicates Hedge Funds Expect Bullish Bitcoin Price Momentum

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KFC Canada Introduces a Limited-Time Offer Bitcoin Bucket

It is evident the term “Bitcoin” has become so much more than a designation of the world’s leading cryptocurrency. For many companies, it has also become a marketing gimmick these days. More specifically,  KFC Canada feels now is the best time to introduce a Bitcoin-related product. Their limited-time offer Bitcoin Bucket is an interesting creation … Continue reading KFC Canada Introduces a Limited-Time Offer Bitcoin Bucket

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Bitcoin Mempool Clogs up With Unconfirmed Transactions Again

Bitcoin network issues have been apparent for quite some time now. Especially when it comes to the mempool, things get out of hand quite regularly. It seems the backlog is filling up once again. With over 70,000 unconfirmed transactions hitting the network, things aren’t looking all that great. This is mainly due to the number … Continue reading Bitcoin Mempool Clogs up With Unconfirmed Transactions Again

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Coinbase Looks to Hire Five More Engineers to Work on any Digital Currency Protocol

Coinbase is one of those cryptocurrency companies looking to expand its presence. There have been rumors regarding the possible addition of other cryptocurrencies. So far, no one knows which currencies those will be exactly or when this will happen. It does appear the company is looking to hire a handful of additional engineers. These staffers … Continue reading Coinbase Looks to Hire Five More Engineers to Work on any Digital Currency Protocol

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One Bitcoin is Worth Over 1 Million Japanese Yen

A lot of people are keeping a close eye on the Bitcoin price right now. For most users, surpassing the $10,000 mark is a major event. However, Bitoni has already surpassed the 1 million price in a different currency. Not the Argentine Peso or any other weak currency, mind you. Instead, one Bitcoin is worth … Continue reading One Bitcoin is Worth Over 1 Million Japanese Yen

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Coffeecoin Pre-ICO Investors get the Short Straw for Some Reason

Everyone will agree there are too many initial coin offerings right now. Every project and their dog want to raise money for something. A lot of these efforts will be cash grabs first and foremost, with no minimum viable product to show for. Coffeecoin may be classified as one of the worst ICOs in history. … Continue reading Coffeecoin Pre-ICO Investors get the Short Straw for Some Reason

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Confido may Refund ICO Investors After all, According to Dubious law Firm Letter

Things are still unfolding as far as the Confido ICo is concerned. It is evident the developers raised money for a project they never intended to finish. However, it seems investors may still get their money back. A new letter has surfaced which may be either legitimate or completely fake. In the letter, there is … Continue reading Confido may Refund ICO Investors After all, According to Dubious law Firm Letter

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Bitcoin Cash Price Moves Up as Mining Profitability Favors BCH Again

Bitcoin Cash remains a very interesting creature in the world of cryptocurrency. Although the opinions on this altcoin remain divided, no one can argue the value is surging. More specifically, the price per BCH has surpassed $1,500 again overnight. It also appears the mining profitability is slightly in favor of BCH as of right now. … Continue reading Bitcoin Cash Price Moves Up as Mining Profitability Favors BCH Again

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