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New Report Discusses Some of the Issues Associated with Bitcoin Mining

At the time of writing, bitcoin is on something of a rebound. The currency has recently spiked back into the $7,100 range despite falling to $6,800 as early as last week, but one source says we should have “seen this coming.”Bitcoin Is Moving on UpAccording to new data regarding mining operations, the price of extracting a new bitcoin costs roughly $6,300. Thus, it’s unlikely that bitcoin will ever fall below that level. Just a few days ago, bitcoin came dangerously close to that point, but...

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China’s Digital Currency Is at the Final Stage of Development

It seems China was really serious when talking about its digital currency. Even though China was trying to forbid cryptocurrency mining and trading, for the last three months it is in the process of creating its own.Head of the People’s Bank of China’s (PBoC) Digital Currency Research Institute, Mu Changchun, stated that the country’s digital yuan is finally ready for trials. The central bank digital currency (CBDC) will, as per the announcement, not come as a volatile asset like Bitcoin or...

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HODL Or Mining: Is Bitcoin Mining Worth It In 2020?

The cryptocurrency community is usually divided into three major camps when it comes down to potential ways to earn money.The first is inhabited by traders, believing that the best way to make profits is to take advantage of the volatility in the market by trading.The second comes in the form of long-term investors, also known as Hodlers. They believe in a cryptocurrency’s (usually Bitcoin’s) value and that it will increase notably over the years, so they don’t trade it – just hold it.The...

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Poloniex Tron Staking-Ankündigung lässt Preis von TRX Token in die Höhe schnellen ?

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

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Poloniex Tron Staking-Ankündigung lässt Preis von TRX Token in die Höhe schnellen ?

Seit der Ankündigung, dass eine weitere grosse Bitcoin-Börse auf das TRON Staking setzen wird, stieg der Kurs der TRX Token sprunghaft an. Ist Stakting das neue Mining? Wer bei der einen oder anderen Börse einen verifizierten Account hat, kann nun von dem Staking Boom profitieren. Binance hatte schon vor 2 Monaten angekündigt, dass neu Staking as a Service mit TRX Token angeboten wird. Und diese Woche...

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Taylor Swift Picture Is the Latest Tool Used in Crypto-Jacking Efforts

People seem to love celebrities. Even cryptocurrency hackers have a thing for famous individuals as recently witnessed in a case of one hacker utilizing an image of famed pop singer Taylor Swift to hide malicious code.Taylor Swift Is Hiding a BotnetTaylor Swift is widely renowned for her capabilities as a musician, actress and marketer. Now, it appears she was unknowingly part of a cryptocurrency botnet that sought to hide crypto malware on infected computers. The botnet is known as MyKingz,...

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Chinese Crypto Mining Exec Yang Zuoxing Has Been in Jail for Two Months

Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This comes out to just over $14,000 in USD.Zuoxing Has Been in Jail for Two MonthsZuoxing is the former director of Bitmain, arguably the largest bitcoin mining company in the world and China’s biggest source of bitcoin-related income. It’s funny that the country – for the longest time – was considering a solid ban on all crypto mining activities due to the...

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After IPO Canaan’s Stock Loses about 35% of Its Value

In what has been seen by many as a travesty of sorts, major cryptocurrency equipment manufacturer Canaan Creative has seen its stock decline sharply in the past 17 out of 21 trading sessions. Sources indicate that Canaan’s stock hasn’t fared well as many would have hoped. Just to remind you, the company at its IPO was valued at $1.3 billion. The company’s stock has lost about 35% of its value this week. Since the late November shares have tumbled indicating that the company wasn’t as valuable...

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#774 Ethereum am Abgrund, Simplecoin und Chopcoin schliessen & Fidelity Investments Europa Expansion

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 774. Heute sprechen wir über folgende Themen: Ethereum am Abgrund, Mining Unternehmen Simplecoin und Gaming Platform Chopcoin schliessen & Fidelity Investments expandiert nach Europa. 1.) Ethereum am Abgrund? ETH Delisting, Ice Age und Smart Contract Chaoshttps://cryptomonday.de/ethereum-am-abgrund-eth-delisting-ice-age-und-smart-contract-chaos/ 2.) Mining-Unternehmen Simplecoin und Bitcoin-Gaming-Plattform...

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Mach das Bitpanda Academy Quiz und erhalte 5 Euro

Besuche die Bitpanda Academy und lerne alles über Bitcoin, Blockchain und digitale Assets. Besuche die Bitpanda Academy und lerne alles über Bitcoin, Blockchain und digitale Assets. Kostenlos, regelmäßig aktualisierte Inhalte und BEST im Wert von 5 Euro, wenn du das Anfänger-Quiz schaffst. Auf der Bitpanda Academy erwarten dich 25 Artikel für Anfänger in den Sprachen Deutsch...

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