Bitcoin mining difficulty is growing, the hash rate is breaking records, which means that the number of miners is increasing, and experienced players connect additional equipment and upgrade the old one to more powerful one.
And this is not surprising! After all, thanks to mining, you can get less risk and the same profitability as when trading cryptocurrencies. How much money do you need to start mining bitcoins? To mine you will need hardware, electricity (the cheaper the better) and a place for mining rigs. …
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Does your grandmother have bitcoin? Can you imagine that she bought it for you as a gift? Pranker Kitboga temporarily became your grandmother and tried to buy bitcoin from scammers. See how much fun it was in his new video:
Wall Street financial showman Dave Portnoy came to Anthony Pompliano. In a new interview, Dave talked about his bookmaking business, why he started trading stocks publicly, how he manages his money and is he going to buy bitcoins:
Is Bitcoin overtaking a correction again? Will bulls return to the market in 2020? Chico Crypto thinks…
Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government. Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies
It is impossible to name the exact number of existing cryptocurrencies, because the cryptocurrency code is open and everyone has the opportunity to create their own version…
Someone looks at the global financial crisis as the collapse of the traditional economic system, others see in this the flourishing of decentralization and the growth of cryptocurrencies in the near future. Both sides are right, but only the second position has a future.
At the moment, there are two main reasons why cryptocurrencies, in particular bitcoin, can rise in price several times. The first reason is the US policy of issuing additional money. Of course, this supports the economy during the crisis, but in parallel, the dollar is depreciating. Therefore, investors will exit the cache, which is…
All week, the crypto media wrote about the purchase of $175 million worth of bitcoins by MicroStrategy. But it was just an additional purchase because in total they invested more than 400 million dollars in cryptocurrency! Anthony Pompliano interviewed Michael Saylor, co-founder of MicroStrategy, and asked why the company bought 38,250 bitcoins:
If you have at least some bitcoins (Michael Sailor joined the chat), would it be nice to know how to protect them? This question is answered by Nick Newman and Jameson Lopp, CEO and CTO of Casa, in a new episode of the “What bitcoin did” podcast:
How to get free bitcoin?
All you need is a computer and an internet connection. And then you can use cryptocurrency faucets.
Cryptocurrency faucets are sites that give out coins for performing relatively simple actions, for example, for entering a captcha, writing a comment, clicking on a link. But you still have to spend time on this and you will receive a small amount of bitcoins as a reward.
How long does it take to mine a bitcoin?
Determining the exact time it takes to successfully mine 1 Bitcoin is very difficult since this value depends on:
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🚀 Ethereum creator Vitalik Buterin has come to Peter McCormack’s podcast for the second time. But this time they made a real party, inviting also Andrew Poelstra, Tadge Dryja & Patrick McCorry. A real round table of 5 cryptosphere experts:
💰 “Rich Dad” Robert Kiyosaki discussed with investor George Gammon on his radio show how Bitcoin is better than gold and why you shouldn’t try to predict the future, but act now:
📈 The largest number of views this week was gained by a video from Altcoin Daily with a detailed technical…
WANTED! Iranian authorities will pay 100 million for each closed illegal mining farm.
Probably, such announcements are now posted all over Iran, because more than 1000 farms have already been closed there. Of course, the reward is indicated not in dollars, but in local currency. However, $500 was a good motivation for informants who reported illegal activities.
Illegal mining penalties range from $2,000 to $ 5,000 per piece of equipment plus $20,000 when using subsidized electricity. Perhaps, mining has never been so ineffective 😁 We would like to say a few words especially for Iranian miners:
چرا به این مشکلات…
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🙀 If you own just 0.28 BTC you’re statistically guaranteed to be in the richest 1% of the world! How do you like this fact? If you want to know in more detail why you need to have this quantity of satoshis, follow the link:
🎤 Michael Novogratz, founder of Galaxy Digital Holdings, was interviewed by Bloomberg Technology. …