A recent blog post from the digital currency exchange Coinbase suggests Bitcoin may soon become ”digital gold”. Specifically, Coinbase suggests that the premier cryptocurrency will take a massive step towards that end in just 93 days. Many analysts already call Bitcoin ”digital gold” This is not the first time that analysts refer to Bitcoin as … Continue reading Coinbase: 93 Days Left Until Bitcoin Takes A Step Closer to Becoming Digital Gold
The China-based crypto mining equipment manufacturer Bitmain reportedly lost $625 million during the first two months of 2019. This is at least if a fresh report from a local media outlet is to be believed. Bitmain reportedly lost over half a billion in two months This news was first covered by the Chinese, Tencent-run news … Continue reading Report Reveals Crypto Mining Giant Bitmain Lost $625M, Profit Expected in April
A fresh report suggests that the Chinese Bitcoin mining behemoth Canaan Creative has submitted an IPO in the USA. This would make Canaan Creative the first Chinese crypto mining company to file for an IPO in the US. Some are speculating that this may be an example of crypto mining firms rebounding. Has Canaan Creative … Continue reading Chinese Bitcoin Mining Giant Reportedly Files First US Crypto Mining IPO
A fresh report is alleging that two miners recently executed a 51% attack on the Bitcoin Cash blockchain. Specifically, the two mining pools are said to have performed the attack to stop a third party from taking advantage of a security hole left in place by a code update. BTC.top and BTC.com reportedly performed the … Continue reading Did Two Miners Execute A 51% Attack on Bitcoin Cash?