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  • March 2018

    Ripple Soars Then Plunges off Coinbase Rumors – Again

    In times of economic uncertainty, bitcoin flourishes. In times of high fees, litecoin prospers. And in times of Coinbase rumors, ripple shines. Today was one such day. In a repeat of December, January, and every other month, XRP has been linked with Coinbase, the altcoin rose rapidly in value on March 5…only to sink once […]

    Bitfarms to Raise Up to CAD$50m to Scale Cryptocurrency Mining Operation

    Canada seems to have become the hottest destination for bitcoin miners from all over the world thanks to a combination of cheap renewable hydroelectric energy and hospitable cold weather. One miner, Bitfarms, is set to raise a small fortune to solidify its position in the region and better face the heated competition. Bitfarms to Raise […]

    Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba

    Concerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services. Restricted Locations […]

    North Korea Obtained 11,000 bitcoins in 2017, Expert Says

    North Korea may have made over $200 million USD from cryptocurrency transactions last year, according to a former NSA official. DPRK is believed to have obtained at least 11,000 bitcoins through mining or hacking in 2017. Pyongyang continues to exploit the benefits of using cryptos and the cyber security weaknesses of its adversaries, recent reports […]

    Japanese Electricity Company Uses Excess Solar Power for Crypto Mining

    Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Kumamoto Solar Power Mining Kumamoto Castle Kumamoto-Energy Co […]

    Report: Crypto Miners Bought 3 Million GPUs Last Year

    More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed. According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.   Rising Mining Costs to Slow Down Demand Over […]