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Bitcoin mining rigs now LOSING money daily as the Bitcoin ...

The cost of mining Bitcoin is quickly outpacing the dollar value of Bitcoin itself, new reports indicate . The most up-to-date Bitcoin mining devices cost upwards of around $4,000, and yet by the time it produces enough Bitcoin to even break even, such a machine will already be obsolete and in need of replacement.

Silver Doctors recently took a closer look at the mathematical inconsistency,...

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Bitcoin on track to consume the ENTIRE global electricity ...

As the online cryptocurrency known as Bitcoin reaches record price highs , many people are now asking themselves: Is Bitcoin really where the financial sector is headed? Not if you care about the environment, suggests shocking new data compiled as part of Digiconomist's "Bitcoin Energy Consumption Index" (BECI).

This eye-opening measure of how much energy it takes to "mine" Bitcoin suggests that,...

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Bitcoin now being heavily manipulated by the communist ...

Bitcoin now being heavily manipulated by the communist China regime which can cause huge price swings at will

Tuesday, June 20, 2017 by: Ethan Huff

Tags: bitcoin , China , manipulation

( Natural News ) The price of the popular online "cryptocurrency" Bitcoin has reached all-time highs in recent weeks, with many wondering what will happen next as the Bitcoin bubble expands ever-larger. While many...

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Bitcoin is digital fiat currency backed by nothing, warns ...

It's long been presented as an alternative to fake fiat currencies like the Federal Reserve Note (often referred to as the "dollar") because there's a limited amount of it and it's completely decentralized with no involvement from central banks. But the popular online "cryptocurrency" known as Bitcoin may just be another form of fiat currency that's taken a digital form, says Mike Adams, the...

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Related topics : bitcoin buy price and sell price / digital currency like bitcoin / bitcoin digital currency price / bitcoin value today price / value of one bitcoin in dollars

Peter Schiff exposes Bitcoin bubble: “There’s no real ...

Investment guru and financial expert Peter Schiff isn't convinced that the popular online cryptocurrency Bitcoin is really worth what the market says it is. During a recent interview with Scott Gamm on The Street , Schiff contended that Bitcoin holds no real value because it isn't backed by anything other than people's trust, and that at some point the digital fiat is likely to crash and...

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Related topics : bitcoin digital gold / using bitcoin for currency exchange / bitcoin actual value / coin exchange bitcoin gold / use bitcoin online

Bitcoin mining now consuming more electricity than 159 ...

Bitcoin mining now consuming more electricity than 159 countries including Ireland and most of the countries in Africa

Tuesday, November 28, 2017 by: News Editors

( Natural News ) Bitcoin's ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it's a bubble waiting to burst.

(Article republished from PowerCompare.co.uk...

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Related topics : current bitcoin mining prices / all about bitcoin mining / bitcoins total mined / what bitcoins to mine / what bitcoin mine

Health Ranger declares Bitcoin to be "digital tulip bulb ...

As Bitcoin skyrockets past $18,000, I'm issuing a new Bitcoin warning video (see below for the full video). Bitcoin speculation has now clearly reached the level of a "digital tulip bulb mania" that's going to end catastrophically. Historians will be writing about the mania (and the madness of crowds) for decades to come, and the Bitcoin collapse will be used by the establishment to discredit...

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Related topics : bitcoin digital gold / use bitcoin to buy gold / bitcoin to buy gold / new bitcoin like currency / all about bitcoin