Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit. TheNextWeb, citing blockchain research firm Diar, reported that based on the data, this marks the first time cryptocurrency mining businesses aren’t...
Bitcoin recently avoided being cleaved in two, thanks to a vital assist from its network of miners. According to Reuters, the cryptocurrency received a software upgrade that allows transactions to be processed with greater ease and speed. This would lead to a greater number of transactions...
November 19, 2018
The bitcoin bust continued Monday (Nov. 19), with the price of the cryptocurrency falling to $4,905 by mid-afternoon, a decline of at least 12 percent. Over the past week, the price of bitcoin has declined some 20 percent — and at least 60 percent since January. “Bitcoin futures also hit their lowest levels since their […]
October 10, 2018
Bitcoin miners have around $4.7 billion in revenue in 2018 — but because of the cost of electricity, miners are failing to make a profit. TheNextWeb, citing blockchain research firm Diar,...
July 24, 2017
Bitcoin recently avoided being cleaved in two, thanks to a vital assist from its network of miners. According to Reuters, the cryptocurrency received a software upgrade that allows transactions to be...