So far I’ve made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs.

So far I've made 42 transactions on Lightning Network, and it has cost me 600 sat (channel open) and about 120 sat in routing fees. total of 720 sat, or 4.9 cents. Virtually no other alt-coin can compete with these costs. submitted by /u/Legitinternetguy
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Bitcoin – The Currency of the Internet

Plattsburgh Temporarily Halts Bitcoin Mining As It Raises Electricity Costs

But because of bitcoin mining, it has already exceeded the allotted amount of hydropower in December and January, reported Bloomberg, citing a local newspaper. Some residents have complained that their electricity bills have increased by as much as $ 300, noted the report. The city council said it …
Google Alert – bitcoin

“The barriers to entry for tech are very low compared to any other professional field. Male or female, you can make it without a CS degree, with no initial capital costs other than a computer, and all the material you need to learn and start practicing is freely available online.”

"The barriers to entry for tech are very low compared to any other professional field. Male or female, you can make it without a CS degree, with no initial capital costs other than a computer, and all the material you need to learn and start practicing is freely available online." submitted by /u/KevinKelbie
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Bitcoin – The Currency of the Internet

Software update aims to lower costs and transaction speeds in bitcoin market

In an attempt to tackle expensive bitcoin transaction fees and slow processing times, two leading cryptocurrency exchanges, Coinbase and Bitfinex, announced Tuesday they have rolled out a software update that they hope will address mounting concerns. The update, called Segregated Witness …
Google Alert – bitcoin

Here's Why Bitcoin Costs 15 Times More to Store with a Custodian Than Gold

Bitcoin is much more expensive than gold to store with a third-party custodial service, but there's a good reason for that discrepancy. On Monday, the Motley Fool published an article analyzing how the cost of storing physical gold bars compares to storing bitcoin — the new “digital gold” with a third-party …
Google Alert – bitcoin