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Electricity is the number one cost for cryptocurrency mining, giving an edge to whoever can secure it for the lowest price. Bitfarms, which has access to cheap renewable energy in Canada, reports that mining a single BTC cost the company just $1567 in the first half of the year. Also Read: The Daily: Huobi Nears […]
The post Report: Miner Spends Only $1567 per Bitcoin appeared first on Bitcoin News.
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On Wednesday, August 29 the Atlanta-based firm Bitpay announced that its merchants can now receive settlement in bitcoin cash (BCH). Not only can Bitpay merchants accept the decentralized digital currency and keep all the bitcoin cash, but they can also split their funds into a fraction of fiat and BCH as well. Also Read: Nchain Publishes […]
The post Payment Platform Bitpay Adds Bitcoin Cash Settlement Services appeared first on Bitcoin News.
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The cryptocurrency markets are consolidating today, following BTC’s recent break above the major descending trendline dating back to December’s all-time highs and subsequent rally to approximately $7,150 USD. Also Read: Reserve Bank of India Anticipates Shift to P2P Crypto Trading BTC Consolidates Around $7,000 After Short Squeeze and Broken Trendline The BTC markets appear to be […]
The post Markets Update: BTC Consolidates Around $7K After Breaking Trendline appeared first on Bitcoin News.
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India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
The post Reserve Bank of India Anticipates Shift to P2P Crypto Trading appeared first on Bitcoin News.
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A Japanese actress and singer has helped the Tokyo Metropolitan Police Department raise awareness on cybersecurity issues, including cryptocurrencies. She reportedly took on the role of a cybersecurity manager in an event hosted by the department where participants learned about cybercrime countermeasures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Rie Kitahara Raises Cybersecurity […]
The post Japanese Actress Helps Tokyo Police Raise Crypto Cybersecurity Awareness appeared first on Bitcoin News.
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New Hampshire is well known for its large amounts of libertarian residents and many people consider it the ‘free state’ among all the other states in the US due to its freedom promoting activism. Moreover, cryptocurrencies are extremely popular in the area as there are many digital-currency-accepting establishments and BTMs in the region. This week the […]
The post Free Keene Activists Launch Tip-Card Creator Called Cryptotip.org appeared first on Bitcoin News.
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North American regulators have revealed that more than 200 cryptocurrency-related cases are being actively investigated, with 46 enforcement actions taken. The coordinated efforts by over 40 jurisdictions in the U.S. and Canada are part of Operation Cryptosweep, aimed at cracking down on unregistered and fraudulent crypto-related investment products. Also read: Yahoo! Japan Confirms Entrance Into the […]
The post Operation Cryptosweep: 200+ Crypto Cases in North America, 46 Enforcement Actions appeared first on Bitcoin News.
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The Colorado Department of Regulatory Agencies is investigating three cryptocurrency firms for promoting unregistered initial coin offerings in the state. The investigations are part of a growing trend of fraudulent companies looking to make quick money. All three firms failed to show up at a hearing to present evidence as ordered by the Commissioner. Also […]
The post Colorado Investigating Three Cryptocurrency Firms appeared first on Bitcoin News.
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Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Built on Hyperledger Informatics […]
The post Details of Iran’s National Cryptocurrency Unveiled appeared first on Bitcoin News.
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An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed within 30 minutes or the user will receive ten free XRP credited to their account. […]
The post Indian Exchange Resumes Fiat Deposits and Withdrawals Using New Method appeared first on Bitcoin News.
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