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It appears to be a matter of time until most cryptocurrencies go through a brief correction. With all of these gains in the past two weeks, a retrace will materialize sooner rather than later. As of right now, most of the top currencies are still in the green, although the IOTA price is down by … Read more
With all cryptocurrencies still enjoying the current uptrend across the industry, things are looking rather interesting. Although this uptrend isn’t much of a surprise anymore, it is still good to see some currencies not major gains in the past 24 hours. As of right now, the EOS price continues to surge well beyond what it … Read more
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
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
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
Over the past few months, there has been a lot of talk regarding financial service providers experimenting with Ripple technology. That list includes some big names including Western Union, MoneyGram, and MercuryFX. This latter company has confirmed that their recent trial with xRapid was successful. Going into production will be their next step. MercuryFX is Pleased With … Read more
In the world of Bitcoin, there have always been dastardly deeds and mischievous pranks. This time around, those efforts involve Bitcoin’s Wikipedia page. Although it is a great source of information, there are some concerns over one of the block explorers listed on the page. More specifically, this block explorer is related to Bitcoin Cash, which, … Read more
There has always been a question as to how one could use blockchain technology for the benefit of millions of people. Outside of the financial sector, a fair few use cases are being explored right now. Surprisingly, it seems Saudi Arabia is leaning toward using this innovative technology to revolutionize the energy sector. With a peer-to-peer trading … Read more
Cryptocurrency mining is an industry which attracts a lot of attention all over the world. Combining such efforts with renewable energy will often result in a profitable business. If things go according to plan, Hadouken Pty Ltd will set up a 20 MW solar farm to mine cryptocurrencies in Australia. It is a positive development … Read more
It seems all cryptocurrencies are still going through a bullish phase as of right now. With the Bitcoin Dominance Index on the decline, the altcoins are slowly making their mark on the industry. The Cardano price is a great example in this regard., as it has risen to $0.34 over the past few hours. A … Read more
