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Currently Browsing: Results for Tag "cryptocurrencies"

What is the blockchain, and is it really about to change the world?

What is the blockchain, and is it really about to change the world? The blockchain is more properly called a distributed ledger, basically a way of securely and transparently storing information, and performing pre-programmed operations on that information.By far the most famous implementation of a distributed ledger is the transaction and tracking procedures for Bitcoin.

These are the most promising cryptocurrencies right now

These are the most promising cryptocurrencies right now Equally as surprising, several new cryptocurrencies, such as Ethereum and Zcash, jumped into the spotlight, bringing the total worth of all cryptocoins to over $100 billion.This has a dual purpose: It generates new coins, and it provides the computational power for the system to record new transactions.

Ethereum Cryptocurrency Mining Continues to Impact NVIDIA and AMD GPU Supply

Ethereum Cryptocurrency Mining Continues to Impact NVIDIA and AMD GPU Supply Graphics cards that were champions of value as recently as two months ago are in extremely short supply or being resold at astronomical prices due to the recent rise of Ethereum mining.The current estimate for annualized global Ethereum mining power consumption is at 4.

China may ban Bitcoin trading, but the market doesn't seem to care

China may ban Bitcoin trading, but the market doesn't seem to care Banning all crypto trading on exchanges is a far more serious move than the ICO ban.in terms of Bitcoin trading market share.

It’s happening: One of the largest Bitcoin exchanges in China is shutting down

It’s happening: One of the largest Bitcoin exchanges in China is shutting down The news come after a few weeks of rumors that China will ban all cryptocurrency exchanges in the country.The rumors were never officially confirmed, and major exchanges in the country—including BTCChina—initially said they hadn't received any official directives from the authorities.