Tag Archives: BTC

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

Bitcoin Analysis: Price Stuck Below 6360-6384 Resistance Zone

Bitcoin Analysis: Price Stuck Below 6360-6384 Resistance Zone

Bitcoin kicked off the week by erasing gains made during the weekend, falling 1 percent against the US Dollar. The BTC/USD pair stayed depressed despite an upside attempt, printing intraday lows near 6319-fiat against the high at 6384-fiat. The breakdown action in the European forex market helped the dollar establish its 16-month high. Due to the […]

Cleveland, Ohio’s Great Lakes Science Center to Start Accepting Bitcoin (BTC) Payments

Cleveland, Ohio’s Great Lakes Science Center to Start Accepting Bitcoin (BTC) Payments

The Great Lakes Science Center, a large US-based museum and education center focused on building a community that is actively involved in “science, technology, engineering, and math”, recently announced that it will start accepting bitcoin (BTC) payments on November 13th. Contributing To The Blockchain Ecosystem Kirsten Ellenbogen, the president and CEO of Cleveland, Ohio’s Great Lakes Science Center, […]

Cryptocurrencies Will Replace Fiat By 2030, International Blockchain Speaker Claims

Cryptocurrencies Will Replace Fiat By 2030, International Blockchain Speaker Claims

Nicholas Merten, the founder of DataDash, the largest cryptocurrency YouTube channel with over 316,000 subscribers, recently noted that crypto will have “four major cycles” including the “Silk Road phase” from 2011-2013, the “retail speculation” phase from 2016-2017, the “institutional speculation” phase from 2019-2020, and finally the “crypto replaces fiat” phase from 2020-2030. Nicholas [email protected]_Merten From what […]

Billionaire Venture Capitalist Tim Draper Stands By $250,000 Bitcoin Price Prediction

Billionaire Venture Capitalist Tim Draper Stands By $250,000 Bitcoin Price Prediction

Legendary billionaire venture capitalist, Tim Draper, has again confirmed that he’s standing by his $250,000  by 2022 bitcoin (BTC) price prediction. Draper, who is the founder of early stage venture capital firm Draper Associates, and private for-profit entrepreneurship training institute, Draper University, stated during a panel discussion on November 6: Believe it, it’s going to happen – […]

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

Research from YouGov, an international public opinion and data company, investigates how much people know about cryptocurrencies in the midst of bitcoin’s 10th anniversary. A post published on November 7th notes how 93% of British citizens are aware of bitcoin, but just 4% feel they understand it ‘very well.’ YouGov made a point to note how there […]

Bitcoin Trailblazer Jeff Garzik Says Bitcoin ‘Unquestionably a Success’ as Store of Value

Bitcoin Trailblazer Jeff Garzik Says Bitcoin ‘Unquestionably a Success’ as Store of Value

Bitcoin (BTC) pioneer Jeff Garzik has said that while the leading cryptocurrency may not have evolved into a means of payment as he first envisaged, it is still “unquestionably a success” as a store of value, in an interview with Bloomberg Nov. 9. Speaking soon after Bitcoin’s 10th anniversary, Garzik – reportedly the “third-biggest contributor” to Bitcoin’s code and one […]