By CCN Markets: So, you may have heard that Google Cloud Services now support Ethereum smart contracts. Not only that, but Google is expending its resources learning how the smart contract platform works and teaching people how to integrate with Google’s services. Blockchain Becomes Mainstream, Mainstream Businesses Need Easy Access It’s no secret that none of the tech giants want to be left out of the blockchain race, but Google has been mostly silent on the issue. The company makes many billions selling advertisements for its dominant search engine. Google explains that it took some effort to understand how Ethereum
In the summer of 2017, Bitcoin.com launched its open source light client and since then more than 3.8 million wallets have been created. We’ve since added a load of new features to the wallet software and as of April 15, 2019, Bitcoin.com Wallet users in the UK and Europe can purchase bitcoin cash (BCH) directly inside the wallet.
A multi-platform, multi-continent scam roped in hundreds of people for at least $ 1,000 each over the course of 2017 and 2018. The old Cloud Mining exit scam in the extreme. An altcoin called “Bitcoin 2nd Generation,” B2G or Bitcoiin2G came out of the charade with actor Steven Seagal reportedly endorsing the cryptocurrency. The B2G ICO
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Ethereum intends to move to proof-of-stake in the future. Making a move to POS will supposedly cut the energy consumed by a hundredfold, or around 99%. There have been repeated claims that cryptocurrency uses too much energy and is therefore inefficient and environmentally unfriendly. Some reports find that mining cryptocurrency uses more energy than gold
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Bitcoin price on January 1st saw a minor decline of less than 1 percent against the US Dollar on a 24-hour adjusted timeframe. The digital currency, which established a weekly high towards $ 4,239 ahead of Christmas, corrected to as low as $ 3,561 on Coinbase in later days. It attempted a minor bull run on December
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Bitcoin price on Friday surged more than 7% against the US Dollar on a 24-hour adjusted timeframe. The bitcoin-to-dollar rate noted sudden spikes at the beginning of the US session after spending the day inside a narrow trading range. The move occurred just near $ 3,600, the resistance of said narrow range, giving the market a
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Note: This is part 3 in a multi-part article series exploring rehypothecation and commingling in bitcoin and other cryptocurrency markets. Part 1 and part 2 are interviews with Caitlin Long and parts 3 and 4 ask the question, “How did we get to a place that where laws look like this?” In order to understand
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Bitcoin price today remained in a bias-conflict, neither rising nor falling much. The BTC/USD started Wednesday just shy of 7010-fiat and managed to go as north as 7137-fiat by the end of Asian, and the beginning of European session. The lackluster volume didn’t offer many opportunities for the day traders, but it established that price
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California-based 3G Venture II has paid $ 13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation.
Mining Farms Opening Around the World
Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. At just 7.94 cents per kilowatt-hour, the town’s commercial electricity rates are more than 21% lower than the national average. City leaders have been using these lower prices to entice new businesses into the area – and it appears to be working. Walmart and FedEx both have data centers in the area which require large amounts of electricity to run. Bitcoin mining farms have similar power needs, making Colorado Springs a great place to set up shop.