The two major costs involved in mining for cryptocurrencies are hardware and electricity. Hardware costs are similar around the world, and if you want to mine the most popular cryptocurrency, Bitcoin, it will cost upwards of $2000 for the latest ASIC Antminer S9.You can mine with just a regular PC or laptop, but the returns are minimal unless you are an early adopter for an … [Read more...] about Is Mining for Cryptocurrencies Still Profitable?
There seems to have been an ICO for everything imaginable, and at least a few were totally off the wall. This is a review of some of the most bizarre ICOs. TombCare (CARE) When I first looked at this ICO, I was a little disturbed by the idea that death was going to be added to a blockchain. Death is not a subject that many of us discuss, and it seemed to be taking blockchain … [Read more...] about The 3 Most Ridiculous ICOs EVER!
You might have read recent news articles regarding the first US city to “ban” cryptocurrency mining. Does this mean the US is looking to scale back on cryptocurrency mining within its borders, and will mining continue to be concentrated in China? Did Plattsburgh, NY just ban cryptocurrency mining? Plattsburgh became very popular with cryptocurrency miners due to its … [Read more...] about Will Cryptocurrency Mining Continue to Expand in the US?
Already in 2018, cryptocurrency has faced three sharp dips: one on January 17th, one of February 16th, and one on March 13th. It is unlikely that we will ever know what exactly caused these dips, but we can speculate and examine a few possibilities. Here is a list of possible factors that contributed to March the 13th's dip in particular. Google banned ads about … [Read more...] about What Caused the Dip on March 13th? Some Theories
Cypherium was created to counter some of the problems facing the original Bitcoin blockchain, primarily scalability. The intention is for it to use a hybrid consensus mechanism to speed up transaction processing with much lower fees than the earlier blockchains.At present, blockchain scalability is achieved with controversial forks to the original protocol. The hybrid … [Read more...] about What is Cypherium?
In a world where personal data has become a precious commodity sold behind closed doors by large corporations, the LOOMIA TILE gives individuals the right to own their personal data, along with the freedom to choose how to share or sell it. - loomia.com The Product LOOMIA is a Brooklyn-based startup that specializes in the manufacturing of smart fabrics. They use a … [Read more...] about What is LOOMIA?
A few days ago when I decided to write this article about the prospects for Bitcoin and Ethereum for the remainder of 2018, they had both enjoyed a month-long bull run. BTC had almost doubled from $6,000 to $11500, and ETH had gained more than 35% from $630 to $860.Within a couple of days that all changed and the bears took over. Prices fell sharply, primarily due to the … [Read more...] about Will Bitcoin and Ethereum Reach All Time Highs in 2018?
Hacks of cryptocurrency exchanges seem to occur with alarming frequency and ultimately many of them close down with investors left counting their losses. It’s ironic that the funds of a decentralized ledger like the Bitcoin blockchain are left so exposed on centralized exchanges. Until decentralized exchanges become more popular with traders, we should expect the hacks to … [Read more...] about 3 Major Hacks That Rocked Crypto