Items tagged with bitcoin

If you've been following cryptocurrency news over the past few months, then you know that Bitcoin has been on an incredible winning streak. On August 26th, Bitcoin was at $4,300. Three months later, Bitcoin's price has more than doubled. At this moment, Bitcoin has breached yet another high, sitting at $9,065. At the... Read more...
Every few weeks we talk about Bitcoin hitting another record high, and today is no different. Earlier this month, Bitcoin hit a new high of $7,500, sending its market cap soaring above $120 billion. But things got a bit interesting when the scheduled SegWit2x hard fork, which was set to take place this month, was... Read more...
Bitcoin mining is a very common practice today with the price of the cryptocurrency soaring to over $7,000 earlier this month before settling back down in the $6,000 range. With prices soaring more and more people are getting into mining, there has been a marked effect not only on pricing and availability of video... Read more...
It was just a few weeks ago when we were last talking about the massive gains that Bitcoin has made during 2017. Today, Bitcoin is still shooting skyward, sitting pretty at a record $7,555, despite China's apprehension towards the cryptocurrency “gold standard”. The $7,555 figure is nearly $1,500 higher than our... Read more...
Bitcoin has been on an enviable winning streak this year, and reached a new intraday high earlier today. Bitcoin hit a record high of $6,183.98 at around 10:30 AM EST this morning, which comes just after the cryptocurrency pushed through the $6,000 barrier on Friday. Currently, Bitcoin is trading at around $6,080... Read more...
What is a blockchain? When considering cryptocurrencies like Bitcoin or Ethereum, it's best to first understand the underlying technology and framework that makes their existence possible. At its core, a blockchain is a what is described as a "shared ledger" technology that is used to record the complete history of transactions that have been Read more...
Udpate, 9/17/17: It turns out the actual cryptocurrency being mined by TPB is actually Monero. As such this article has been updated.  The Pirate Bay made its name as the site to go to if you want to download pirated applications, games, music or movies. The site is infamous for skirting the jurisdiction of... Read more...
Bitcoin is living up to its billing as a volatile currency. It was a big deal last month when Bitcoin first flirted with a $2,900 valuation. Just a couple of weeks later, it jumped past the $4,000 mark, setting yet another new high in the process. More recently, Bitcoin has hit a rough patch, causing its value to fall... Read more...
Just a day after JPMorgan Chase CEO Jamie Dimon unleashed a fury of attacks on Bitcoin (and cryptocurrencies in general), another salvo is incoming. It was reported last week by Caixin that China was contemplating shutting down cryptocurrency exchange trading, and further confirmation of that order arrived... Read more...
There has been a run on cryptocurrencies in the past year or so, especially when it comes to Bitcoin and Ethereum. The latter has especially been popular, with enthusiasts quickly gobbling up high-performance NVIDIA and AMD GPUs to bolster their mining efforts. While many enthusiasts and even some well-respected... Read more...
Unless you’ve been living under a rock, you know that Equifax was hacked surfaced and 143 million Americans have potentially had their personal information stolen. What many have been wondering is what exactly do the hackers plan to do with all that stolen data. A report making the rounds claims that the hackers want... Read more...
The cryptocurrency market is red-hot right now, with Ethereum (ETH) helping to lead the charge. That surge in popularity was readily on display this week, when the Ethereum network surged past 410,000 transactions during a 24-hour period — actually, it was 410,061 to be exact. This is the highest number of daily transactions on record for Read more...
The life of a cryptocurrency miner is fast and furious, especially if that person is mining Bitcoin, the most popular digital currency in existence. Consider that it was just two months when Bitcoin hit the $3,000 mark for the first time since it was introduced in 2009. Now just eight weeks later it is trading at... Read more...
Cyber crooks have found a new way to ruin a person's day with ransomware. Traditionally most ransomware encrypts a victim's storage device and then demands a ransom in order to unlock the files. Some of the nastier versions will put a time limit on receiving payment before the ransomware starts permanently deleting... Read more...
There is a cryptocurrency war brewing in Bitcoin land. On Tuesday, Bitcoin forked, leaving us with the original Bitcoin (BTC) and Bitcoin Cash (BCH). During its first week of trading, Bitcoin Cash has been on a wild rollercoaster ride when it comes its valuation. On Wednesday, just one day after its trading debut... Read more...
The hackers behind the WannaCry ransomware that became an overnight global scare did not strike it rich over their nefarious deeds, though they did make around $143,000 after cashing out all of the Bitcoin payments made by victims. Had it not been for the quick response of security researchers, and one in particular... Read more...
Getting rich has never been easy, and depending on how you go about it, there can be certain risks involved. That was certainly true of the gold rush that sent miners packing for California, and it is true today as digital miners go in search of fortune by digging up cryptocurrencies. Even the co-founder of Ethereum... Read more...
Unless you’ve been living under a rock for the past six months or so (and especially within the last two months), then you know that there’s been a “gold rush” of sorts in the cryptocurrency market. Bitcoin has fallen out of favor with some miners, as they have switched their attention to the rising star power of... Read more...
If you’ve been keeping up with the cryptocurrency market at all over the past few years, then you’ll recognize Bitcoin as the posterchild for the digital currency movement. However, in recent months, Ethereum has been surging in popularity as more miners have discovered the relative ease in which money can be made... Read more...
The rise of cryptocurrency has been quite something to watch. A decade ago, the mere concept might have sounded a little bit too futuristic, but today, many use cryptocurrency on a regular basis, and perhaps even more than one type. The most notable option up to this point has been Bitcoin, which has great support the... Read more...
Late last month, we brought you news of some new graphics cards that are specifically geared towards Ethereum miners. The cryptocurrency mining cards included the MINING RX 470 and MINING P106 from ASUS, which are based on the Radeon RX 460 Polaris and NVIDIA P106 graphics architectures respectively. Biostar is... Read more...
Cryptocurrency like Bitcoin and Ethereum are big business these days. While Bitcoin has received the lion’s share of the attention since its introduction in 2009, Ethereum is poised to overtake it in market cap in the near term. With all of the momentum in the cryptocurrency mining market — and the hardware that... Read more...
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