The Bitcoin mining game has changed

ASCI or Application Specific Integrated Circuit Machines have appeared in the Bitcoin mining market. The first machine arrived at a miner’s home at the end of January, and since then there have been reports of shipped ASCI machines making their way into bitcoin mining rigs. Since ASCI machines are designed specifically for Bitcoin mining, they …

Will crypto-based e-commerce wipe out the banking industry dinosaur-style?

Banking as we know it, has been around since the first currencies were minted – perhaps even before that in some form or another. The monetary unit, in particular the coin, grew out of taxation. In the early days of ancient empires, an annual tax of one pig might have been reasonable, but as empires …

6 tips to follow if you are a cryptocurrency trader or investor

Today, most people are aware of the potential of cryptocurrencies. This industry is revolutionizing the business world. This is the reason why more and more investors are joining this industry. Although it is easy to be a part of this industry, achieving success may not be easy for everyone. So in this article we are …

Fear not, China is not banning cryptocurrency

In 2008, after the financial crisis, a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published, detailing the concepts behind the payment system. Bitcoin was born. Bitcoin has gained world attention due to its use of blockchain technology and as an alternative to fiat currencies and commodities. Touted as the next best technology after …