Tag Archives for " Mining "

Philippines Senator Wants Harsher Penalties for Cryptocurrency Crimes

Regulation On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines […]

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Tax Time is Here and Lots of Cryptocurrency Holders Don’t Care

Taxes In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and they strongly believe that taxation is antithetical to cryptocurrencies. While […]

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What Is Ether? – Bitcoin Magazine

Ether is the underlying token powering the Ethereum blockchain, but it serves a slightly different purpose than bitcoin does to the Bitcoin blockchain. Although ether is traded on public markets and has displayed price appreciation similar to bitcoin, they are quite different by design. Ether is not intended to be a unit of currency on […]

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The Results Are In: Dragonmint T1 Doesn’t Make the S9 Obsolete

Mining There’s been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 that it would be distributing its Dragonmint devices in 2018 and stated its miners would be the most efficient machines on the market. So far, after all the controversy, […]

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Latvia Recognizes Cryptocurrencies in Order to Tax Them

Taxes Trying to take its share of the profits, the government of Latvia may accept cryptocurrencies as a legal means of exchange. This year’s tax filing campaign is underway and officials don’t have much time. Two parliamentary commissions and the Ministry of Finance have expressed their views on the matter this week. Latvians may very […]

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Privacy-Centric Coin XMR Splits Into Four Different Monero Protocols

Technology On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.” Also read: Bitcoin’s Value to Lose $44 Billion by Year’s End, Researchers Argue […]

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Bitcoin Prediction Market Fairlay Sees Sizable Volumes

Emerging Markets In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the […]

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SBI Bits Jerry Chan Discusses the Lightning Network and Colored Coins

Interview At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks […]

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Mining at University – Does It Make Sense?

Nick Chong · April 4, 2018 · 5:00 pm Post-secondary students have found ways to utilize and take advantage of benefits seen at universities to get into the cryptocurrency space via mining, but is it worth it? The Growth of Crypto Mining There has been no doubt that cryptocurrency mining has absolutely exploded over the […]

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