• There has been a lot of talk in the news recently about how much energy Bitcoin mining uses and its potential impact on the environment. Today we explore just how much energy Bitcoin mining really uses and 5 possible ways to reduce or offset its power consumption. In 2011, Google revealed that it used enough energy from fossil fuels to continuously power 200,000 homes, which is about one quarter the output of a nuclear power

    5 Ways to Solve the Bitcoin Mining Energy Crisis

    | 2017/12/11 7:45 pm
  • With Bitcoin prices smashing through one milestone after another and mainstream financial institutions like CME Group, CBOE, and Nasdaq preparing to offer Bitcoin futures trading, you would think that investors would be beating down the doors to get in on the action. While many investors are rushing to jump on the Bitcoin bandwagon, just as many are shying away from the digital currency. All of a sudden, or so it seems, Bitcoin hype is everywhere.

    Ten Reasons Why Bitcoin Is Still Scaring Investors Away

    | 2017/12/06 11:15 pm
  • Ultimately the market for ICOs is about the companies that make up that market. When you buy a token, you are holding a promise. You’re not holding a piece of that company. It’s important to understand at a deep level what that promise is. From Skeptic to True Believer For the past few days, I’ve examined the top performing ICOs that are backed by Ethereum’s ERC-20. Almost all of them are promises to deliver value

    The Top 25 ICOs With the Highest Returns (Infographic)

    | 2017/11/30 2:30 am
  • Bitcoin’s largest long-standing danger is not central banks or government bodies, it is the technological know-how behind Bitcoin that anyone can use to launch new cryptocurrencies. This is proved by the quick development in the supply of other digital currencies that are challenging Bitcoin. An increased volume of new cryptocurrencies carries the possibility of ultimately crushing or at least greatly influencing Bitcoin prices and adoption. Altcoins’ Potential Earlier this month we witnessed an interesting situation.

    Crypto Wars: Bitcoin vs Altcoins

    | 2017/11/27 3:30 pm
  • As of September 2017, ICOs, or initial coin offerings, have raised over $2.3 billion. This amounts to almost $8.5 million a day. There was an incredible stretch over the four months beginning in Q2–$103 million was raised in April, $232 million in May, $462 million in June, and $574 in July. ICOs have become an attractive counterpart to traditional IPOs and venture capitalism, as ICOs are based on promising blockchain technology and typically have much

    5 Promising ICOs to Watch for in November

    | 2017/11/06 11:15 am
  • People have already made fortunes from crypto fever and cryptofunds, and many more will make money as well. But not everyone. The Cryptofund Lifeline Like any rapidly developing market, the cryptocurrency industry provides opportunities, but there are only a few who can really use them. A significant share of the cryptocurrency market is owned by the those who mined it but have no idea how to handle it. Almost all of these people are at

    The Large Numbers Effect: Cryptofunds Are Spreading

    | 2017/11/04 1:30 pm
  • Following over a decade of economic turmoil, Zimbabweans are turning to bitcoin for some financial stability. Yes, you read that correctly!  I mean, seriously, just how messed up is that? As a result, bitcoin is reportedly selling in the capital, Harare, for almost double the global average, according to TheNational.ae. I Thought Harare was That Gorilla Meme… From our ivory tower perched high on Crypto Mountain, we often look down at the mere mortals below. We

    Zimbabwe News – Bitcoin Selling at Twice Global Dollar Average

    | 2017/10/19 8:30 pm
  • Dutch Bank ING released a report complaining about the energy amount that the average Bitcoin transaction consumes. When it comes to Bitcoin, some people just aren’t happy unless they’re finding something to complain about. The fact that it’s essentially a revolution in finance and individual liberty isn’t important. What is important is what they consider the drawbacks of Bitcoin to be. The most recent example comes from the Dutch bank ING, who just released a report

    Dutch Bank Complains About How Much Electricity Bitcoin Uses

    | 2017/10/16 2:30 pm
  • The ICO is still booming; there’s a new way for companies to attract investment, while crypto holders know their “new money” now offers one more way to increase profits. Feeding the Dream Where there is demand, there is supply. The so-called “ICO full-range service” agencies promise the best quality, speed, and results with little or no input from the client’s side. All you need to do is pay. I can personally vouch for the high interest

    ‘We’ll help you launch a successful ICO’ – Will they?

    | 2017/09/28 2:10 pm
  • Another day, another dollar, another All Time High in both price and market cap. It’s all starting to get a little bit… meh. Well, as “meh” as it can get, knowing that our magical imaginary money is suddenly worth even more. I could write yet another article, quoting a few figures, then padded out with a bunch of conjecture as to what happens next. But instead, I’m going to put on my big dreamer’s hat, and

    What Can I Buy for Bitcoin… Like, If I Had All of Them?

    | 2017/08/15 9:30 pm
  • It only seems like a couple of days ago that we were all huddled  around our computer screens in nervous anticipation. The countdown tickers onscreen marked the inexorable march towards an event that could change the world. Fingernails were being bitten down to bloody stumps, until finally… zero hour! So much has happened since then that… What? It was only a couple of days ago! Oh, so did anything happen? Not Immediately The alotted time came and

    Bitcoin Cash Hard Fork : Price Swings and the Aftermath

    | 2017/08/03 3:00 pm
  • Singapore is witness to its first legal battle regarding cryptocurrency and Bitcoin, according to local newspaper, The Straits Times. The lawsuit revolves around a series of trades placed by UK based market maker B2C2 on the “World’s Most Advanced Bitcoin Trading Platform”, Quoine. Specifically, the market maker claims that trades were unlawfully reversed by Quoine, leading to proceeds being “misappropriated” without authorization. You Mentioned a Bitcoin Pricing Error We’ve all been there. Nonchalantly browsing around a store, not really

    Legal Dispute Rages Over Singapore Exchange’s $3.78m Bitcoin Pricing Error

    | 2017/08/01 10:15 pm
  • Exactly one week ago, the SEC issued a report concluding that certain token sales could be considered securities, and hence were subject to regulation. Today, the Monetary Authority of Singapore (MAS) issued a similar statement, clarifying that, in some cases, Initial Coin Offerings (ICOs) were essentially equivalent to securities, and should fall under the same regulatory procedures. I can’t help but feel slightly responsible. After all, just five days before the SEC report was published,

    ICO Haven Sent Packing; Singapore follows SEC Lead to Regulate Securities-type Token Sales

    | 2017/08/01 5:15 pm
  • The meeting over, Griff went back to his desk to find his messaging app urgently blinking. He cast his eyes cautiously around at his colleagues. The company he founded, Giveth, was a blockchain startup, creating a transparent accounting system for charities: hashtag, making the world a better place. He smiled. Everyone was occupied in their own thoughts. He clicked the flashing icon. “Something big going down. Vulnerability in Parity wallet. $32m already gone.” …He stood

    Achieving Parity (or How to Save $85M in Your White Hat)

    | 2017/07/27 4:30 am
  • The Ripple cryptocurrency XRP has been the center of attentions, rallying to unprecedented heights over the last month but what is truly fueling the rally? [Note: This is an Op-Ed] XRP Shoots Up 445% Ripple has been enjoying a phenomenal month on the price charts, constantly breaking all time highs and dominating daily trading volume. Although recent times have been filled with exciting rallies, XRP has overshadowed every altcoin out there, growing over 445%% in two weeks,

    Ripple Soars 445% in 2 Weeks, But XRP Holders Won’t Like This Article

    | 2017/05/17 9:00 am
  • Just because Grindelwald and Dumbledore had a deadly brawl during their quest to revolutionize magic doesn’t mean two great powers cannot be used in concert to change the world. By Marcie Terman, founding director of XBT Corp Sarl This could be the worst way to start an important conversation about financial technology, but stick with me, it gets more interesting. We are speaking about the world-altering technology of Artificial Intelligence as the first superpower coupled with

    Do A.I. and Cryptocurrency Work Well Together?

    | 2017/05/05 3:00 pm
  • National cryptocurrencies will never be able to compete with Bitcoin because no one will trust a system that requires advance permission from and which is controlled by a government to use it.  [Note: This is an op-ed, edited by Allen Scott]  National Cryptocurrencies Will Never Be Global News is just in that the mint of a very important, historic sovereign nation has just hired a company in a separate nation to help it launch its own “Blockchain not

    Why National Cryptocurrencies Will Never Beat Bitcoin

    | 2017/04/14 2:00 pm
  • Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China. Bitcoin’s shifting volumes and price are signaling that further disintermediation is inevitable, which could also spell trouble for Western exchanges like Coinbase and Kraken. China Regulates Bitcoin Exchanges Increasing regulation of the Bitcoin market in China by the People’s Bank (PBoC) has characterized the first Quarter of 2017. First they banned margin-trading. Then they halted withdrawals of Bitcoin from Chinese exchanges in February. The latest news is that

    The China Syndrome: Are California’s Bitcoin Exchanges Doomed?

    | 2017/03/23 4:30 am
  • Over 50 of the world’s biggest banks are currently studying one of Bitcoin’s key components – the Blockchain. But it’s becoming increasingly evident that the idea of banks building their own blockchains is like the futile attempt of building your own internet.  [Note: This is an Op-Ed] ‘Can’t We Be in the Headlines on Blockchain?’ When a bank says they’re working on their own blockchain platform are they actually saying “let’s build our own internet?” And

    Banks Don’t Need Their Own ‘Vanity Project’ Blockchains

    | 2017/03/16 11:00 am
  • Many within the Bitcoin community are pretty upset about the Winklevoss ETF being turned away by the SEC. If you are among them, buck up, little camper! I’m going to reveal several reasons why Bitcoin is better off without the passage of the COIN ETF. [This is an op-ed article. Viewer discretion is advised.] Bitcoin Must Be Regulated…to Be Regulated First things first, let’s review yesterday’s ruling by the Securities Exchange Commission. Here is the

    6 Reasons Why The ETF Defeat is a Major Win For Bitcoin

    | 2017/03/11 1:00 pm
  • Vikram Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University who recently explained why Bitcoin is not in Bubble territory. Is There a Bitcoin Bubble That’s About to Pop? Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University and a senior fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also the author of “Boombustology: Spotting

    There is No Bitcoin Bubble, Yale Economics Professor Says

    | 2017/03/06 8:00 am
  • How can we determine at what price point will Bitcoin match the total money supply value of global reserve currencies and the market cap of precious metals such as gold? Bitcoin: Market Cap or Money Supply? First off, a disclaimer. Definition of market cap: Market capitalization is the market value of a company’s outstanding shares. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding. — Investopedia Bitcoin

    At What Price Will Bitcoin’s Market Cap Equal Gold & Reserve Currencies?

    | 2017/02/26 12:00 pm
  • Bitcoin’s legendary February ‘bull run’ has created an uncomfortable, but inevitable fact. There will be a day in the very near future when Bitcoin price will exceed an ounce of Gold. At that point, which will truly be worth more? Bitcoin or Gold? Bitcoin vs. Gold The answer may depend on which side of the tracks you are from. The two commodities share a lot more in common than one may think. Bitcoin is called

    When Bitcoin Price Passes Gold, Which One Will Really Be Worth More?

    | 2017/02/25 10:00 am