Crypto Miners: Elon Is Right, Mining Is Supposed to Evolve, and It Is
BitsOnline
by Scott
2y ago
Elon Musk recently brought up the genuine power consumption issue with mining Bitcoin, and cryptocurrency miners finally woke up. They should, at least as far as this is the time of transition anyways. Ethereum is forking, moving soon to full staking, and is facing having yet another classic version. That is both good and bad, but also not needed. Also see: Hoskinson Has a Few Recommendations for Bitcoin Cash (BCH) Bitcoin & Crypto Miners Needed the Nudge Musk Gave Cryptocurrency mining of nearly all types is supposed to evolve. Many miners have spent over a decade building this infr ..read more
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Looking Past the Hype: How Can the ICO Truly Succeed?
BitsOnline
by Evan Faggart
2y ago
Almost every cryptocurrency investor gets excited about an ICO. How could they not, given the billions of dollars ICOs have raised over the last two years? But after the hype dissipates, one question remains: how can a company keep their ICO legal and increase their chances of success? Also read: Adam, Tim Draper Share Their Investment Secrets at Crypto Invest 2018 Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline That very question was at the center of a talk between Satis Group co-founder Emma Channin ..read more
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IOHK and Ethiopia Agree to Explore Cardano Blockchain Projects
BitsOnline
by Ian Edwards
2y ago
The government of Ethiopia has signed a memorandum of understanding (MOU) with crypto/blockchain company IOHK, according to founder Charles Hoskinson. The country is beginning to explore use cases for IOHK’s Cardano blockchain in their agricultural industry as well as collaborate with the company on educational programs. Also see: Goldman Sachs Launches Into Bitcoin Market Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline Ethiopian Coffee Industry as Test Case for Cardano Charles Hoskinson, founder ..read more
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Authorities Move to Seize Domain Name of Vietnam’s Largest Bitcoin Exchange
BitsOnline
by Jon Southurst
2y ago
Recent incidents concerning the domain name of Vietnam’s largest bitcoin exchange have highlighted the risks of operating a profitable business in certain regions. Authorities have reportedly moved to seize Bitcoin Vietnam’s internet domain, claiming its news and updates section is in breach of laws banning unlicensed news and social networks. Also see: Selling Blockchain’s Financial Inclusion Message: Mac McGary of Sweetbridge…. Subscribe to the Bitsonline YouTube channel for more great interviews featuring industry insiders & experts Domain Dispute May Have Other Origins B ..read more
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Blockchain Use Case? Securing Nuclear Research at Public Universities
BitsOnline
by Subhankar
2y ago
The loss of a single gram of weapons-grade plutonium by Idaho State University highlights that even in a field as sensitive as nuclear research, there’s always room for logistical improvement. That’s an interesting dynamic to consider since supply chain facilitation is one of the most obvious use cases for blockchain tech.  Also see: Hoskinson Has a Few Recommendations for Bitcoin Cash (BCH) Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline The Missing Gram It’s not that blockchain can solve e ..read more
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Mass Adoption Awaits: One Small Step for Vergeans, One Giant Leap for Cryptokind
BitsOnline
by Paul de Havilland
2y ago
If mass adoption is the holy grail for cryptocurrency, then Verge’s recently announced arrangement with MindGeek is a major milestone on the way to the widespread use of digital, non-state issued currencies in our everyday lives. Also see: Goldman Sachs Launches Into Bitcoin Market Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline Like a Vergean – XVG Takes a Bite of the Pornhub Cherry Sure, the price of XVG plummeted by around 30 percent within hours of the April 17th announcement that the Verge t ..read more
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Adam, Tim Draper Share Their Investment Secrets at Crypto Invest 2018
BitsOnline
by Evan Faggart
2y ago
Have you ever wondered how cryptocurrency investing gurus decide what projects to invest in? Tim Draper and his son, Adam, shared exactly that during a presentation at the 2018 Crypto Invest Summit in Los Angeles. Also read: Spotlight: Banking Giant ICICI Promoting Blockchain Technology in India Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline Tokens or Equity? Which Would the Drapers Rather Own When Investing in Crypto Projects? Unlike traditional companies, where investors purchase ownership sha ..read more
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Rekt: Crypto Exchange OKEx Beholds $119 Million Short Squeeze
BitsOnline
by Subhankar
2y ago
As first pointed out by trading group BTCVIX, an absolute whopper of a liquidation has occurred on cryptocurrency exchange OKEx, where a trader just saw short position on bitcoin squeezed to the tune of ~$119 million USD. It’s one of the largest short squeezes to date in the ever-maturing cryptoverse.  Also see: Ladies and Gents: Bitcoin’s Officially on the Fed’s Mind Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline R.I.P. Anonymous Shorter Crypto exchange OKEx, which allows for margin tradin ..read more
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Hoskinson Has a Few Recommendations for Bitcoin Cash (BCH)
BitsOnline
by William Peaster
2y ago
The @Bitcoin Twitter account just re-invoked the scaling debate, having publicly declared once more that Bitcoin Cash — not “Bitcoin Core” — is the “oldest cryptocurrency.” IOHK’s Charles Hoskinson, a co-creator of Ethereum and Cardano, offered a few potential technical considerations in response.  Also see: Rekt: Crypto Exchange OKEx Beholds $119 Million Short Squeeze Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, and tech news updates: https://t.me/bitsonline @Bitcoin: BTC ‘Experimental Currency’ The debate began as the BCH-aligned @B ..read more
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Selling Blockchain’s Financial Inclusion Message: Mac McGary of Sweetbridge Alliance
BitsOnline
by Jon Southurst
2y ago
Imagine the gains in prosperity if farmers in developing countries could access capital at the same cost as those in developed ones. Blockchain and digital currency technology can create huge economic gains that way by including everyone — but only if it’s done right. Mac McGary, president of trade and commerce platform Sweetbridge Alliance told Bitsonline of his experiences lobbying U.S. government agencies to convince them on that point. Also see: Indonesia Turning to Blockchain Technology for Better Governance Subscribe to the Bitsonline YouTube channel for more great intervi ..read more
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