20MW Solar Farm Set to Power Crypto Mining in Rural Australia

Reports have indicated that planning approval has been granted for a 20-megawatt solar farm that will be used to power cryptocurrency mining and a data center in Collie, Western Australia. Also Read: Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge  20MW Solar Farm to Power Cryptocurrency Mining in Western Australia The application for … Read more

Taiwanese Bitcoin Regulations Expected by November 2018

Taiwan’s Minister of Justice has indicated that the country is anticipating to have implemented a regulatory apparatus for cryptocurrencies by November 2018. The Minister made comments revealing the expected deadline during a recent anti-money laundering conference. Also Read: Venezuela Shuts Down Two Cryptocurrency Exchanges Cryptocurrency Regulations Expected to be Enacted in Taiwan Before 2019 High-ranking Taiwanese … Read more

Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones

A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option.   Also read: 80% … Read more

Chilean Minister Supports Cryptocurrencies After Court Sided With Exchanges Against Banks

The Chilean Minister of Economy has voiced his support for cryptocurrencies after the country’s anti-monopoly court ordered major banks to re-open the accounts of crypto operators. Three banks out of the 10 sued by local cryptocurrency exchange Buda have been ordered to re-open crypto exchange accounts. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

IBM Partners with Top Jewelry Companies on Blockchain Project

IBM has partnered with some of the top companies in the gold and diamond industries on a cross-industry blockchain initiative meant to trace the origin of finished jewelry. The initiative, which was announced via a blog post by the New York-based tech giant, is intended to introduce transparency to an industry that has witnessed an … Read more

PR: Brock Pierce and 25+ Crypto Whales in the Most Expected Coinsbank Event of the Year

Did you know that the flying cars from The Fifth Element and Blade Runner films have already become reality? Or that using a VR helmet allows you to sit in an office meeting with the world’s leading experts and investors without the traveling hassle? Probably not. Well, here’s a chance. The post PR: Brock Pierce … Read more

Bitcoin Price Watch: Currency on the Verge of Hitting $9,400

Bitcoin is now trading for just under $9,400. This is a near $200 spike from yesterday’s $9,200, which in turn, was a solid increase over bitcoin’s previous position of $8,800. The total cryptocurrency market cap has now surged beyond $420 billion, and investors are breaking out the champagne. One of the reasons behind the jump … Read more

In the Future, Blockchain Could Take to the Skies

You thought you’d heard everything about blockchain and its uses. But just as the cryptocurrency community has taken bleeding-edge innovation up a gear, so too have the blockchain developers, entrepreneurs, and creatives. Beyond fixing broken systems, allowing for real-time record keeping, and wiping out corruption, blockchain could soon be taking to the skies. What’s Flying … Read more

Warren Buffett: Bitcoin is Gambling, a Game, Not an Investment

The Oracle of Omaha, Warren Buffett, world renowned investor and head of Berkshire Hathaway, was asked about his views on cryptocurrency, especially that of bitcoin. While not as dour and hateful as his Vice Chairman of just two months ago, Mr. Buffett is not convinced bitcoin is anything more than gambling, a game. Also read: Bitcoin … Read more

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