Bitcoin

Bitcoin Mining Requires More Electricity Than 20 European Countries

The Bitcoin virtual currency has been on a wild ride this year.

: Bitcoin; Posted On Thursday, 23 November 2017 21:53; Hits: 697

Think Bitcoin Is A Bubble? Here's Your Chance To Short It

Has the fact that the price of a single bitcoin has risen nearly eight-fold so far this year prompted you to turn bearish on the world's most valuable digital currency?

: Bitcoin; Posted On Sunday, 19 November 2017 19:06; Hits: 472

Bitcoin Core 0.15.1 Released

We are pleased to announce the release of Bitcoin Core 0.15.1.

: Bitcoin; Posted On Wednesday, 15 November 2017 23:45; Hits: 1045

BIGGEST BTC EXCHANGE BY VOLUME TO DUMP ALL ‘BITCOIN CASH’ FOR BITCOIN

Hong Kong based Bitcoin Mercantile Exchange (BitMEX) has announced it will automatically sell all its customers’ Bitcoin Cash.

: Bitcoin; Posted On Wednesday, 15 November 2017 22:26; Hits: 952

Bitcoin is finally buying into US real estate

Bitcoin is already in retail and restaurants — so it was only a matter of time before the cryptocurrency took on real estate.

: Bitcoin; Posted On Wednesday, 15 November 2017 16:12; Hits: 695

Craig Wright Pushes For 1GB Blocks to Attain Visa-Level Bitcoin Scaling

Craig Wright, the man who famously claimed to be Satoshi Nakamoto, is back in the news again.

: Bitcoin; Posted On Tuesday, 14 November 2017 09:07; Hits: 805

Bitcoin licking its wounds after losing nearly a third of its value

The largest cryptocurrency by market cap slightly rebounded on Monday after a series of losses wiped out more than $2,300 from the value of bitcoin in just a few days.

: Bitcoin; Posted On Monday, 13 November 2017 13:13; Hits: 539

Bitcoin Gold is launching at 19:00 UTC(7PM), NOV12th

After weeks of preparation, Bitcoin Gold (Bgold; BTG) is finally launching tomorrow, November 12, 2017.

: Bitcoin; Posted On Saturday, 11 November 2017 22:53; Hits: 397

Segwit2x HardFork cancelled?!?

The organizers of a controversial bitcoin scaling proposal are suspending an attempt to increase the block size by way of a software upgrade. Known for its strong early support from bitcoin startups and mining pools, the plan, called Segwit2x, or simply 2x, was to trigger a block size increase at block 494784, expected to occur on or around November 16th. The suspension was announced today in an email, written by Mike Belshe, CEO and co-founder of bitcoin wallet software provider BitGo. One of the leaders of the Segwit2x project, he argued that the scaling proposal is too controversial to move forward.

He wrote:

"Unfortunately, it is clear that we have not built sufficient consensus for a clean block size upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x."

"Until then, we are suspending our plans for the upcoming 2MB upgrade," he added.
The note is also signed by companies that originally supported the plan, forged at an in-person meeting in May, including CEO and co-founder Mike Belshe, Xapo CEO Wences Casares, mining pool Bitmain co-founder Jihan Wu, Bloq CEO and co-founder Jeff Garzik, Blockchain CEO and co-founder Peter Smith and Shapeshift CEO and founder Erik Voorhees.
The group still has hopes that the block size will be increased further down the line, once there is more agreement from stakeholders.

source: coindesk