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In Less Than 2 Days, Bitcoin Cash Becomes Third Biggest ...

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In Brief

Barely 48 hours since its spin-off from the Bitcoin blockchain, Bitcoin Cash has already surged past other cryptocurrencies to become the third-biggest in terms of market capitalization. How the currency will fare over time is still up for debate, as it still lacks support from several mining pools and major exchanges.

[Un]Expected Boom

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Bitcoin Prices Surge as World's Largest Exchange Owner ...

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In Brief

Bitcoin prices surged past $6,000 as news of CME Group, Inc.'s decision to open a bitcoin futures trading. CME is the world's largest exchange owner and its adoption of bitcoin, pending regulatory approval, is a promising move for the cryptocurrency.

Bitcoin Trading via Bitcoin Futures

The largest exchange owner in the world just reversed its previous stand on Bitcoin. CME...

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A Popular Payment App Now Lets Users Buy and Sell Bitcoin

Square Cash

In Brief

Square's Cash app has added new features that allow users to buy and sell bitcoin. Currently, the features are in beta and available to a small number of users, but future updates may add support for easy bitcoin transactions between friends and family members.

Square Supports Bitcoin

Square's Cash app makes it incredibly easy for friends, family members, and co-workers to...

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Mining Bitcoin Costs More Energy Than What 159 Countries ...

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In Brief

A new study shows the energy spent on mining Bitcoin this year alone has surpassed the average electricity consumed yearly by 159 nations. The high electricity demand in mining cryptocurrency presents a problem that needs to be addressed.

Bitcoin Energy Use

Bitcoin values have been soaring over the past couple of weeks . That's cause for celebration for those who invest in...

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Related topics : cryptocurrency mining hardware requirements / bitcoin mining computer power / cryptocurrency mining rig / cryptocurrency mining meaning / bitcoin mining hardware comparison 2017

Samsung's mining rig lets you collect cryptocurrency using ...

Samsung's Mining Rig Lets You Collect Cryptocurrency Using 40 Old Galaxy Smartphones

by Dom Galeon on October 29, 2017 24505

Kyle Wiens

Making Old Hardware Useful

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Related topics : bitcoin mining rig / cryptocurrency mining rig / bitcoin mining computer power / bitcoin mining computer / bitcoin mining hardware 2017

Schools Are Officially Accepting Bitcoin for Tuition

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In Brief

Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay.

Bitcoin has been used to buy homes , and countries like Venezuela and Vietnam are beginning to...

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Related topics : accept bitcoin payments / who started the bitcoin payment system / bitcoin payment method / bitcoin payment system / using bitcoin for currency exchange

Bank of America Wins Patent for Crypto Exchange System

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In Brief

In a major move for cryptocurrencies, Bank of America has won a patent for a crypto exchange system. This is part of a larger, growing movement to incorporate crypto into traditional financial models.

Crypto Exchange

As cryptocurrencies like Bitcoin continue to rapidly rise in value, countries around the world are beginning to take the cryptocurrency more seriously. In the...

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Related topics : bank of america bitcoin patent / digital currency exchange rates / bitcoin digital currency exchange / digital currency like bitcoin / digital currency bitcoin rate

The Future of Bitcoin Is Threatened by Quantum Computers

The Future of Bitcoin is Threatened by Quantum Computers

by Dom Galeon on November 20, 2017 21190


In Brief

Two technologies that could shape the future -- blockchain and quantum computing -- could potentially be at odds. While the former provides secure, decentralized transactions, the latter could just as easily render these vulnerable to hacking.

A Different Kind of Computing

While much...

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Related topics : bitcoin mining computer power / bitcoin mining computer / bitcoin computer parts / bitcoin security threats / bitcoin computer requirements

Goldman Sachs: Bitcoin Will Consolidate at $8,000 Before ...

Goldman Sachs has issued a prediction that the cryptocurrency will consolidate somewhere around a value of $8,000.

Sheba Jafari, the vice president of the Goldman Sachs FICC market strategies team, made the forecast over the weekend. "The market has shown evidence of an impulsive rally since breaking above 6,044," she wrote, according to a report from Coin Telegraph . "Next in focus $7,941. Might...

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Related topics : bitcoin value one year ago / bitcoin one year ago / bitcoin price prediction by month