Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%

Market conditions and electricity costs have substantially lowered cryptocurrency mining profitability. As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs.  Future of Crypto Mining Lies in Solar Energy Cryptocurrency miners have been trying to lower their costs since the advent of Bitcoin (BTC). Now, …

Homeland Security Bill is Overkill, Bitcoin Isn’t Good For Terrorists, Here’s Why

As the 116th Congress gets underway, a wide range of proposals affecting blockchain technology are on the agenda. Some of the bills would provide greater regulatory clarity for operators within the space. While others focus on preventing the use of digital currency to enable unlawful behavior. However, critics raise concerns over the Homeland Security Assessment …

Study Links Obsessive Crypto-Trading With Problem Gambling

Research from Rutgers University has found a link between trading cryptocurrency and compulsive gambling. Apparently, regular gamblers can view cryptocurrency trading as an additional high-risk activity — with a similar rush.  Quelle Surprise The study involved 876 adults who had gambled at least monthly in the past year — defined as regular gamblers. It found …

Analyst: Crypto Markets Will Plunge After Bitcoin (BTC) Begins Making Bigger Moves

Bitcoin has dropped nearly 1% today and has led the entire crypto markets to slide, with many major cryptocurrencies trading down 2% or more. Despite today’s drop, trading volumes on major exchanges has been holding steady, and are up significantly from where they were in early-February. Now, one popular cryptocurrency analyst explained that he believes …

Ripple CEO Skeptical of JP Morgan’s New Cryptocurrency

Ripple CEO Brad Garlinghouse questioned the purpose and the overall utility of the recently announced cryptocurrency JPMCoin. He also outlined the positives aspects of major financial players stepping in the industry.  Garlinghouse Questions Purpose of JPMCoin Brad Garlinghouse, CEO at Ripple — the company behind the third largest cryptocurrency by market cap XRP — expressed …