New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price […]

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3 Reasons Why Bitcoin is Programmed to Pump

Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come.  It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Bitcoin is […]

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Bitcoin is ‘Financial Dynamite’ – Saifedean Ammous (Interview)

Allen Scott · April 6, 2018 · 12:00 pm Bitcoinist spoke with Saifedean Ammous, assistant professor of economics at Lebanese American University, Bitcoin economist, carnivore grill-master, and author of the new book, The Bitcoin Standard. I think Bitcoin is the most advanced and best form of money ever invented. –Saifedean Ammous Bitcoinist: First, why did you decide to […]

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