Jun 07, 2022
A Bitcoin ATM or Bitcoin vending machine is a place where you can buy and sometimes sell Bitcoin. Think of these machines as crypto brokers with a physical location. Bitcoin ATMs are not as common as regular ATMs. There are over 1000 in the European Union.
Jun 06, 2022
New York State has placed a moratorium on mining Bitcoin based on unsustainable energy. This means that for the next two years no unsustainable new mining operations may be started or scaled up. It is a first in the United States.
Jun 02, 2022
Sending Bitcoin is really not that different from sending any other digital money. You do it when you want to pay someone or, for example, to move your Bitcoin between two of your own wallets.
May 31, 2022
Bitcoin is digital money. But that statement is like saying the internet is a sort of library. We have to start somewhere but there is so much more to say! Another try: Bitcoin is digital money that is not under the control of any government.
May 30, 2022
Distributed ledger technologies are not all the same and they work in different ways. In fact, most of the technologies that have emerged over the last few years have been developed with the goal in mind to be different from other already existing projects. At the end of the day, if you like to achieve more speed or more security than the DLT solution that is already available, you have to do things differently otherwise you would end up in the same place. With the hype around Bitcoin, many other DLTs have emerged and this has caused a lot of confusion among many investors and especially beginners. Since Bitcoin was the first cryptocurrency on the market, other cryptos often get compared with Bitcoin. Sometimes this isn’t really helpful because one cannot compare things to each other that are very different at the core of their being. This is why in this article we are going to explore the difference between Bitcoin and Ripple instead of looking at the very few similarities.
May 27, 2022
Portugal has become a place that is increasingly attractive to investors worldwide. The reason is simple, Bitcoin and altcoins are regarded as currency, and investors are tax-exempt when taking profits. Only professional entities or businesses are being taxed when they are actively participating in the market. But it seems that some political parties like to extend taxes and formulated two proposals. What has changed the situation in Portugal and why were these proposals rejected?
May 25, 2022
It has been clear for a while now: we are in a bear market. Will there be a quick rebound or is this going to take some time? No one knows. That's why it's good to take a step back from the charts. Why do we believe in crypto in the first place?
May 23, 2022
Did you celebrate Bitcoin Pizza Day? May 22, 2022 marked the twelfth anniversary of this memorable day. Bitcoiners remember that Laszlo Hanyecz bought two pizzas for ten thousand Bitcoin. As far as we know, it is the first purchase with Bitcoin.
May 17, 2022
Stagflation is a phenomenon that is currently discussed among politicians, analysts, and the media. The term describes a cyclical situation that is characterized by the fact that the economy is not growing while the inflation and unemployment rates are at a record high. The EU might end up in a scenario where stagflation is going to become a real problem and will change the way money is made through investing. It seems that the good old days of constant growth might come to an end. What role can cryptocurrencies play in such a scenario and how can they make a valuable addition to a portfolio?
May 17, 2022
Bitcoin miners in China accounted for 21.1% of the total global hashrate of Bitcoin in early 2022. This is according to a report by Cambridge Bitcoin Electricity Consumption Index (CBECI). It is noteworthy given that the country banned mining in the summer of 2021.
May 17, 2022
The difficulty of the Bitcoin network keeps setting records. It continues to rise, in a fairly straight line. The difficulty has increased by 30% since the beginning of 2022. This means that Bitcoin miners worldwide have an additional 30% of capacity on aggregate. And thus, per unit of computing power, are paid 30% less Bitcoin for their effort. How can that be profitable while the price of Bitcoin is falling?