Tag Archives: BTC

China Is’ No Threat To Bitcoin,’ Promises Foundry CEO After hundred dolars Million Bitcoin Mining Bet

Bitcoin mining is actually big business. In just 10 years, bitcoin mining, where bitcoin tokens are actually compensated to those that maintain the bitcoin network, has morphed out of a bedroom based, money-making hobby into a billion dollar industry. Digital Currency Group, a venture capital company which owns digital currency paying out firm Grayscale, digital …

Bitcoin Price Holds Below $12K While Hashrate Hits All Time High

Bitcoin remains inside consolidation below an important resistance inspite of hashrate reaching shoot highs above the end of the week. Information from Glassnode shows the seven-day average for bitcoin’s hashrate – the computing energy focused on mining blocks – rose to a record high of 129.03 tera hashes a second (TH/s) during the saturday. Bitcoin’s …