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Reports indicate that at least 600,000 Bitcoin miners have stopped operating their devices

Introduction to mining Among the associated reasons that this incident has occurred is the fall in the prices of cryptocurrencies. The second could be, the low profitability offered by hardware manufactured between 2016 - 2017 and the third is the increase in the costs of...

Early Crypto Millionaire Thinks “Bitcoin is Dead”, Sees the same Future for Litecoin (LTC)

In light of the dramatic turn of events in the crypto space and its market, crypto supporter, Erik Finman, has shared his views about Bitcoin and Litecoin,highlighting that the former is “dead” and the latter is headed the same way. Erik Finman, a millionaire that...

Hackers annonymously using other people’s devices to mine cryptocurrencies

In recent months, cybercriminals have resorted to a new technique that allows them to obtain income easily and quickly. But in this case, they do not steal information, encrypt their data or install malware. Instead, they use the processing of their machine to perform crypto, and...

Bitcoin network records a fall in levels of difficulty for mining activities

According to recently published data, the Bitcoin network registered a significant decrease in the difficulty of block mining. The information was shared by the Chinese mining group BTC.com, which gathered information regarding the difficulty associated with the hashrate of the Bitcoin network.Throughout the year,...

Bitcoin reaches the lowest price in 15 months: USD $ 3,400

Investors have been shocked to see the boards presenting not only lower prices than yesterday but the lowest of 2018. In fact, it is its lowest value since August 2017. And not just Bitcoin, most of the other cryptocurrencies are in a similar situation....

BTC/USD Price Analysis: The Spot Price of BTC Has Made It The Best Buying Opportunities Of The Year– Weiss Ratings

Edward Lorenz’s Chaos Theory and the Butterfly Effect has been once again demonstrated. Predicting prices of volatile assets especially in an emerging field as crypto is but daunting. It is true that the rise to last year’s highs did pump participants that the fall came...
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