Mohamad Faizal Ari‘Free Electricity’: The Ongoing Con Job concerning Bitcoin MiningThe total electricity cost of the Bitcoin network today is approximately $800,000 per day.Jul 27, 2015Jul 27, 2015
Mohamad Faizal AriBitcoin: A Million-Dollar-A-Day Pyramid Scheme on the brink of collapseOn the first day of 2011, the total running cost of the Bitcoin network was approximately $500 per day.Jul 27, 2015Jul 27, 2015
Mohamad Faizal Ari‘Grexit’: Why it’s a sham and why Bitcoin isn’t going anywhere.“GREECE JUST VOTED TO EXIT THE EUROZONE. THEY REJECTED THE BAILOUT AND NOW GREEK BANK DEPOSITS ARE GOING TO GET A 50% ‘HAIRCUT’. GREECE AND…Jul 7, 2015Jul 7, 2015
Mohamad Faizal AriThe Bitcoin Mining Bubble: Why Bitcoin’s low price is an existential threatNot much can be known for sure about the exact composition of the ‘miners’ that keep the Bitcoin network going, but what we do know is the…Jul 2, 2015Jul 2, 2015
Mohamad Faizal AriBlock size vs. Transaction Fees: The Achilles heel of Bitcoin explained for the laymanIf you’re familiar with the Bitcoin world at all, you probably know there is currently a raging debate over whether or not the ‘block size…Jul 1, 2015Jul 1, 2015
Mohamad Faizal Ari5 reasons why NOT to buy into the Bitcoin hype1. “It's anonymous or pseudonymous..” Since mining is no longer an option for the common man, you must now use an exchange to get Bitcoins…Jul 1, 2015Jul 1, 2015