Even with the 50% discounted preemptable instances now available in Google cloud, cryptocurrency (BTC, LTC, ETH, XMR, other) mining is simply not profitable. Despite the shady steemit article “Ethereum Mining with Google Cloud (Nvidia Tesla K80) actually works and is highly profitable”, no, Mining on these GPUs is simply not a profitable business. BCN mining … Read more
Bitcoin Cash just became the “Green Version Bitcoin” as Coinbase has made this slightly rotated green Bitcoin symbol the icon for Bitcoin Cash. Green being for cash, this move makes sense as previously it has been quite difficult to distinguish the two coins, especially with bitcoin.com claiming Bitcoin Cash as the main chain of bitcoin. … Read more
SegWit is a movement among bitcoin miners to increase the block size from 1 MB to 2 MB (Megabytes). SegWit can be activated by the bitcoin miners collectively by the highest ratio of miners “voting” for it. In addition to raising the blocksize, SegWit will also enable platforms to be built on top of the … Read more
The United States SEC has made a request for comment (attached below in case link broken) before making a decision on the Winklevoss COIN ETF. Specifically, the SEC needs your help to answer the following questions: 1. The proposed fund, if approved, would be the first exchange-traded product available on U.S. markets to hold a … Read more