No, it’s not April 1st. The latest planned fork of Bitcoin has been cancelled due to a lack of support. The proposed fork would’ve introduced 2 new features to their version of the cryptocurrency. To increase the block size from 1 to 2 MB, which would occur three months after SegWit has been activated. This
It’s been exactly a month since we last posted an update on here, but hopefully our reasoning is justified below! First of all we have been busy ironing out bugs and advertising our Burst HDD Mining Pool, which we are pleased to say is now successfully winning blocks and – due to our small
We are pleased to announce the availability of a BURST mining pool for public use. BURST is very easy and cost effective to mine, using just your empty hard drive space! Interested with the prospect of earning with very little effort? Let us show you how to get started: First of all, you need to
Jamie Dimon – CEO of banking/financial company JPMorgan – has criticised Bitcoin, suggesting that “The currency isn’t going to work” and that it will “Blow Up”. The billionaire also said that if he found JPMorgan traders were trading the currency, “I would fire them in a second”. “It is against our rules and they are
Burger King in Russia have launched a cryptocurrency as a reward scheme for people who make regular Whopper purchases. For each rouble (around $0.02) they spend on a Whopper Sandwich, the customer would be rewarded with a WhopperCoin token that they would be able to save up in a mobile wallet and eventually purchase burgers
As successfully predicted in our last post, the price of Monero has increased even more after Bithumb began trading today. Enticing it’s members to make deposits with special bonuses and premiums, the South Korean exchange helped make Monero become the 5th most valuable currency (up from 11th), while also contributing to its rise to over
The price of Monero had been pretty stable at around $40-$50 for the past few months. This all changed in the past 24 hours though, as the currency’s worth jumped over 50%. At the time of publishing, it is currently trading at ($87) The reason for the increase was due to the South-Korean exchange Bithumb – the
August 14th – A day that could potentially go down in mining history Today was the day that AMD released their next generation Flagship GPU – the RX Vega 64. Although AMD stated that there would be enough stock for ‘both miners and gamers’ supplies were soon wiped out, presumably by the same miners that
After the fork, many people expected large swings and instability in the value of Bitcoin, but we didn’t see that. Instead since August 5th, we’ve seen a steep rise in the value of the currency to over $3500 although has slightly decreased as a result of SegWit. Yesterday (Tues 8th August), the second method to
Many were concerned that the current bitcoin price would tumble, and though it did lose a few hundred dollars of its value, it did recover.
The big question is.. will this new form of Bitcoin be worth anything?