The hash rate is still down – But the Bitcoin network remains rock solid
June 30, 2021
Chinese regulators are shutting down mining operations throughout the country. The hash rate has dropped drastically and many people are concerned that Bitcoin could face a crisis that could not only affect the market, but also the Bitcoin network itself. Today we are going took a look why all these things are important, but are not affecting the functioning of the network itself.
Chinas Bitcoin mining ban is a good thing, here is why
June 23, 2021
In the past 7 years China has banned Bitcoin and other cryptocurrencies several times. Most of the time the market reacted heavily, but recovered later not necessarily because a ban was lifted, but the bad news simply dissolved. Why is China banning Bitcoin and this time specifically Bitcoin mining? And how do you even ban the same thing more than one time? In today’s article we are going to take a closer look at recent events and why they are not bad at all.
Volcanos are going to play a central role in Bitcoin mining
June 20, 2021
At the first glance it seems to be a little bit far fetched to bring Bitcoin mining and volcanos together. But it was only recently that the world has learned that this is a viable option and that there are already facilities in the making. How is this even possible and are those minted BTC forged in lava? In today’s article we are going to discover a green energy source.
Bitcoin under pressure: What to make of Elon Musks drama?
May 16, 2021
Bitcoin has seen better days. Elon Musk caused a huge drama over the last couple of days and many analysts believe that his remarks about Bitcoin had a negative impact on the price of BTC and the rest of the market. Is Bitcoin a threat to the environment and is Dogecoin the solution to all of Bitcoins problems?
Bitcoin at all time high – what to make of the frenzy
March 31, 2021
Bitcoin is not only the first technology that introduced the blockchain and aims to be the money of the internet, but it is also the most successful asset in the 21st century in terms of its price development. It has created a lot of innovation in the financial system, but apparently the most interesting factor to many people is its thriving market that is known for its massive volatility. In this article we like to share some thoughts on Bitcoins last all time high and why it is more attractive to buy when prices are higher instead of buying an all time low.
Tesla accepts Bitcoin – Is this what mass adoption looks like?
March 31, 2021
Elon Musk broke it to the public via Twitter that Tesla is going to accept Bitcoin. Within minutes after his initial tweet international news media was all over the topic. Not only because Musk is creating a hype for cryptocurrencies and particularly Bitcoin and Dogecoin, but also because this spark a real change with many other companies worldwide. Musk known for his role as an innovator and risk taker and being visionary. Is this mass adoption? And if the answer is yes, what would it look like in the near future?
Top banker increases forecast value of Bitcoin from $30,000 to $600,000
February 25, 2021
Bitcoin seems to be gearing up for a new record price. The question is how strongly the price of the cryptocurrency can still rise. According to Scott Minerd, CIO of asset manager Guggenheim Partners, Bitcoin's value could be as high as $600,000.
Bitcoin is stringing records together: Will the end of the corona pandemic stop the rally?
February 25, 2021
Bitcoin is currently worth $52,000, or nearly 80 percent more than at the beginning of this year. Nothing seems to stand in the way of Bitcoin. Still, some analysts see some dark clouds on the horizon.