Bitcoin Mining in 2015: ASICs, Cloud Mining, and Difficulty
Huge facilities all over the world are now packed with Bitcoin mining hardware. A single facility …
Bitcoin Mining in 2015: ASICs, Cloud Mining, and Difficulty Read More »
Huge facilities all over the world are now packed with Bitcoin mining hardware. A single facility …
Bitcoin Mining in 2015: ASICs, Cloud Mining, and Difficulty Read More »
Bitcoin the currency may be dying, but it doesn’t matter. . . . Certainly, a trend line from November 2013 to now, extrapolated forwards, intersects worthlessness sometime later this year. . . . This could create a negative feedback loop as miners retire, the network becomes less secure and resilient, investors lose faith, and the price drops further.
If you’ve been paying attention to Bitcoin’s price lately then you’ve probably noticed the huge …
5 Ways to Exploit Bitcoin’s Low Price in Your Favour Read More »
Bitcoin isn’t going to replace any fiat currencies as long as it feels intuitively safer for most people to keep their savings in a bank account instead of in a digital wallet. . . . This brings us to the current crisis in Bitcoin: far from widespread adoption giving it resilience and reliability, the system may be starting to fall apart. . . . These issues add up to what we’re seeing now – the slow, inexorable decline in the price of a digital currency with no value beyond the trust in the system.