The Curious Case of the New ‘Dragonmint Bitcoin Miner’
According to reports from a few news outlets, social media platforms and online forums a new bitcoin mining rig called the “Dragonmint” is joining the bitcoin mining environment in 2018. The machine’s creators claim the device is 30 percent more efficient than current ASIC models on the market. Also read: New Virtual Reality Tool Lets You Explore the Bitcoin Blockchain in 3D A New Mining Company and ASIC Device...
The Fundening? Quarter Billion Dollar Gold Fund is Buying Bitcoin
A Bloomberg interview has revealed Old Mutual Gold & Silver Fund has set aside roughly 11 million USD from its holdings since spring of this year to purchase the world’s most popular cryptocurrency, bitcoin. It’s another feather in the decentralized currency’s cap, even as debate rages as to whether it will ever supplant gold’s tradition of being a hedge against tough economic times. ...
New Virtual Reality Tool Lets You Explore the Bitcoin Blockchain in 3D
As an intangible asset, bitcoin can be hard to picture. Yes, you know what it is, you’re familiar with how the blockchain works, and you’ve probably tried (and failed) explaining it to an elderly relative. Every conceivable facet of bitcoin’s underlying technology can be monitored, analyzed, and charted – that’s the beauty of a public ledger. But graphs and charts can only tell you so much. If only there...
Markets Update: Bitcoin Bull-Run Primes Altcoin Markets for New USD Highs
With bitcoin currently consolidating above $8000 USD after establishing an all-time high of nearly $8400 USD, some liquidity has shifted towards the altcoin markets. This has resulted in several major altcoins setting record dollar-value highs despite holding relatively modest prices when paired with bitcoin. Today, Ethereum set a new all-time high of approximately $420 USD, with prices surpassing $400 USD. Dash and Monero also set a...
Developers Invoke the Idea of Bitcoin Cash-Based Colored Coins
This week the Openbazaar developer, Chris Pacia, got the bitcoin cash (BCH) community excited about the possibility of using ‘Colored Coin’ technology with the BCH protocol. The idea initially came from the Bitcoin Unlimited (BU) developer, Andrew Stone, this past October, but Pacia delves a bit further into the idea of a layer of digital assets created on the bitcoin cash blockchain. Also Read: Rare Pepe Blockchain...
