It is the 17th of November 2019

News

This Cryptocurrency Mining Rig Can Also Heat Your Home

The intensifying energy consumption of the bitcoin network is becoming a concern for environmentalists who have begun to question whether digital currencies should be considered a socially responsible investment. As we pointed out last month, Digiconomist’s Bitcoin Energy Consumption Index stood at 29.05TWh.

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Hedge Fund Behind Mystery "Bitcoin To $50,000" Bet Revealed

The crypto space was thrown into chaos today as the price of bitcoin and its peers plunged overnight, cementing the pioneering digital currency's worst week since December 2013, only to rebound dramatically into the close, wiping out virtually all losses. Also today, just as the rout was nearing its trough, we shared a story from the Wall Street Journal about a mystery trader who placed a $1 million bet that bitcoin will climb above $50,000 by December 28, 2018.

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Panic-Selling Turns To Buying-Scramble As Cryptocurrencies Recover Dramatically

Update 1600ET: Thanks to some serious dip-buying, the landcape across cryptocurrencies is not as completely devastating as it appeared this morning...

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Friday Humor: The Bitcoin Billionaire

We suspect a few crypto 'millionaires' are crying in their milk somewhat tonight. We hope this helps...

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