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A trend in Bitcoin pricing…. from 8 years back

In one of the newsletter’s I subscribe to, I recently got an email pointing out the price of Bitcoin in the month of March – going all the way back to 2010. Check it out: March 2010: $0.003 March 2011: $1 March 2012: $5 March 2013: $80 March 2014: $600 March 2015: $250 March 2016: […]

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Ethereum Asic Miner released by Bitmain, but is it an ASIC?

Ethereum Asic Miner released by Bitmain, but is it an ASIC?

Last Updated Apr 2018

On April 3, 2017, Bitmain sent an email out to all past clients with the subject of “Order the Antminer E3, an Ethash ASIC miner” Specs for the ethereum miner are listed as 180 MH/s with a power usage of 800 watts. The first batch is available to order right now, and all orders will […]

Why are cryptocurrencies useful?

Why are cryptocurrencies useful?

Last Updated Mar 2018

There’s still confusion among the general public about how or why cryptocurrencies are necessary. Check this out for an example: a $10 billion transaction was sent using XRP (Ripple), for a total transaction cost of 0.000012 XRP (merely pennies). Compare that to any percentage that a bank, or Western Union, etc, would charge, and you […]

JPMorgan – Giant scam artist, or confused crypto amateur?

JPMorgan – Giant scam artist, or confused crypto amateur?

Posted on Mar 2018

Mere months ago, back in October 2017, JPMorgan’s CEO Jamie Dimon said that digital currency was “stupid” and a “great product” for criminals. He even went as far as saying, “If you’re stupid enough to buy it, you’ll pay the price for it one day.” Dimon had also said that it was a market bubble […]

Bitmain offers coupons to past customers

Bitmain offers coupons to past customers

Last Updated Feb 2018

In the spirit of the Lunar New Year 2018, Bitmain (one of the largest producers of Bitcoin ASIC mining machines – and recently others, like Litecoin, Dash, etc) has given out coupons to past customers. The Lunar New Year Coupons were given to all customers who had paid for an order as of February 27, […]

Venezuala orders acceptance of all Cryptocurrencies at Embassies

Venezuala orders acceptance of all Cryptocurrencies at Embassies

Posted on Feb 2018

As some parts of the world seem to crack down on cryptocurrencies (and cause fear, uncertainty and doubt to spread rampant throughout investors), other countries are embracing the technology with open arms. Venezuela President Nicolas Maduro has ordered various government services to accept it’s own oil-backed crypto coin the Petro, as well as any other […]

Bitcoin Purchases are called ‘Cash Advances’ by Visa and Mastercard

Bitcoin Purchases are called ‘Cash Advances’ by Visa and Mastercard

Last Updated Feb 2018

Earlier this month, Mastercard and Visa made news by stating that any cryptocurrency purchases made on their credit cards would be billed as cash advances instead of charges. The main difference is that a cash advance incurs interest and costs the moment you make it, where as a normal credit card charge is interest free […]

Capital One blocks CryptoCurrency purchases with its Card

Capital One blocks CryptoCurrency purchases with its Card

Last Updated Feb 2018

Well, it’s official. For the last week or two, I’ve had trouble buying from CoinBase with my Capital One card. I finally got around to calling them up, and they informed me that the orders were cancelled not because I had run into my credit limit on the card, but because they no longer allow […]

January 31, 2018: Market Volatility

January 31, 2018: Market Volatility

Last Updated Feb 2018

Now there’s another spate of selling happening, and investors with weak hands are selling, starting to send crypto markets down again. If you look back at 2017, coming from December 2016 into January 2017, the market had gone from about 14 billion market cap, to about 21 billion. During the build up, everyone was touting […]

GPUs are selling fast, low stocks, high prices

GPUs are selling fast, low stocks, high prices

Last Updated Jan 2018

There’s a rush on mining GPUs again! It seems like everywhere in the crypto-sphere (BitcoinTalk, other forums, facebook groups, twitter etc), people are complaining that they can’t find any GPUs in stock. The GPU comparison charts on this site were built to help you choose the best mining gpu, but they also work to tell […]

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