Cryptocurrencies are a gift born of the desire for freedom from that traditional centralized system, giving the entire world the opportunity the first time in 10,000 years to control their own money

Cryptocurrencies are a gift born of the desire for freedom from that traditional centralized system, giving the entire world the opportunity the first time in 10,000 years to control their own money submitted by /u/UnluckyReflection6
[link] [comments]

Bitcoin – The Currency of the Internet

At one point today, the total market value lost by Facebook was $151 billion – representing the biggest one day stock wipeout in history – and more than the entire market cap of Bitcoin. – Which is really the bigger bubble at the moment?

submitted by /u/Eklundo
[link] [comments]
Bitcoin – The Currency of the Internet

The Bitcoin hashrate jumped nearly 5 exahash in the last 2 weeks alone. To put that gain in perspective, it took ~8.5 years for the entire network hashrate to reach 5 EH for the first time. Miners are entering at an astonishing rate. (credit https://bitcoinwisdom.com/bitcoin/difficulty)

The Bitcoin hashrate jumped nearly 5 exahash in the last 2 weeks alone. To put that gain in perspective, it took ~8.5 years for the entire network hashrate to reach 5 EH for the first time. Miners are entering at an astonishing rate. (credit https://bitcoinwisdom.com/bitcoin/difficulty) submitted by /u/MotherSuperiour
[link] [comments]

Bitcoin – The Currency of the Internet

Bitcoin's Energy Consumption Can Power An Entire Country — But EOS Is Trying To Fix That

Proof of work (POW) is data that is costly and time-consuming to produce but easy for others to verify. The Bitcoin POW mechanism is so costly that it consumes the same amount of electricity it takes to power a country like Switzerland in one year. Bitcoin's current estimated annual electricity consumption …
Google Alert – bitcoin

Bitcoin Today: Prices Drift Lower as Entire Cryptocurrency Market Struggles

Mark Karpeles, the former chief executive of the once-largest bitcoin exchange Mt. Gox, said he is no longer a believer in bitcoin. Speaking through a thread on Reddit, Karpeles said, "The technology is definitely here to stay, but bitcoin may have trouble evolving and keeping up." He added, "I could be …
Google Alert – bitcoin