Many people around the world would like nothing more than to keep an eye on the Bitcoin price at any time of any day. However, that is not always possible, as people need to work and sleep as well, every now and then. Real Coin Tickers has come up with a creative solution to solve this problem, with their recently launched Tixie, a physical Bitcoin price ticker.
The past few days have been pretty interesting for the Bitcoin community, with noticeable price changes being recorded across all major exchanges. After nearly an entire year of flat Bitcoin prices, things started picking up again as of Wednesday evening. After a weekend of downward Bitcoin price manipulation, it looks like things have stabilized just below the US$270 mark.
Bitcoin companies have to keep evolving their business model at all times, if they want to stay ahead of their competitors. Rolling out new services, increasing staff numbers, and expanding the business on an international level all cost a lot of money, and funds have to come from somewhere. Conducting an IPO gives company owners an idea on whether or not there is an interest in their service. That being said, a Bitcoin mining company hadn’t IPO’d before, until now.
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Most everyday consumers are wary of Bitcoin because its price has turned out to be quite volatile. While this statement is true for the most part, Bitcoin is far from the only currency in existence that is suffering from a volatile price. Nearly every fiat currency, precious metal, digital asset, or anything issued by a bank or government is constantly fluctuating in price as well. Anyone in the world can openly track the Bitcoin price, and see which part of the world is influencing it.
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One of the heavy topics of debate, which has been going on for years now, is whether or not Bitcoin is ready for mainstream consumption. Despite the increase in venture capitalist funds in both 2014 and 2015, the overall performance of this disruptive virtual currency has been rather lackluster. Or that is what the everyday consumer seems to think, even though that vision is not shared by everyone.
Bitcoin mining has been in a state of flux for nearly a year now, as there is hardly any money to be made. Even cloud mining providers are struggling to make ends meet, with the low Bitcoin price not doing anyone any favours. Australian-based Bitcoin mining company DigitalBTC reported severe losses before and after taxation. Things are not looking that good for Bitcoin mining companies around the world right now.
The Bitcoin mining ecosystem is still evolving at a rapid pace, even though miners have been using the same type of ASIC hardware for a few years now. Every Bitcoin ASIC miner holds dozens, if not hundreds, of small microchips designed to be energy-efficient and provide a ton of computational power. Bitmain, one of the world’s largest Bitcoin hardware manufacturers, announced their new BM1385 chip.
Despite Bitcoin being in a state of flux right now, due to a fairly low Bitcoin price and regulatory requirements scrutinizing startups in the US, some companies are still pushing forward with their expansion plans. HashingSpace Corporation have launched their Bitcoin mining pool – called Hashpool.com – and made the pool’s mobile app available for both Android and iOS users.
HashPool.com – A New Bitcoin Mining Pool With Mobile Tools
In recent weeks, the name HashingSpace Corporation has made headlines on this website multiple times. The company is on an aggressive spree in terms of expanding their offerings in the Bitcoin ecosystem. HashPool will be of interest to Bitcoin miners from all over the world, as the backend will balance the mining load based on a GEO-IP implementation.
Various retailers have started experimenting with Bitcoin payments in the past two years, including some very prominent names such as NewEgg, Overstock.com and Dell. Not every company is seeing a profit from this experience so far, as the declining Bitcoin price isn’t helping matters much. TigerDirect is one of the very few major retailers who have seen continued growth in terms of Bitcoin payments.
TigerDirect – Bitcoin Enthusiasts Like Their Tech Gadgets
The name TigerDirect is synonymous with electronics and PC hardware, both in the continental US and Canada. Even though this website does not ship orders outside of North America, there are quite a lot of domestic customers who alternate between NewEgg and TigerDirect for their electronics and computer needs.
For some unknown reason, China has been the biggest Bitcoin marketplace for many years now, despite the People’s Bank of China warning merchants not to deal with digital currency payments, for the time being. Many enthusiasts have always wondered why China remained the biggest Bitcoin trading market, despite there hardly being any use for spending Bitcoin. We now have an answer to that question, as China sees Bitcoin how most other people see it as well: an investment vehicle with tremendous potential for daytrading profits.