Addressing recent network congestion and high fees on the Bitcoin blockchain may be possible through the implementation of zero-knowledge proofs, according to a recent CoinTelegraph article.Continue Reading

The global Bitcoin mining industry had a sustainable electricity mix of 59.5% during Q2 of the year, or a marginal increase compared with Q1, according to the latest quarterly survey conducted by the Bitcoin Mining Council.   The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.   The...Continue Reading

Why is The BTC network hash rate still so High? Firstly, an increase in the BTC hash rate means more mining power is being added to the Bitcoin network. Whenever new miners join the network, the mining difficulty increases. This is due to a mechanism implemented on the Bitcoin network which ensures 1 block is...Continue Reading

After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs).   In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum ETFs, emphasising the protection and storage of digital assets.    “We...Continue Reading

Crypto Mining Industry at Bitcoin Miami At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain...Continue Reading

State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona   In the last 24 hours, state Senator Wendy Rogers, a Republican, has introduced a bill in Arizona that would make Bitcoin legal tender in the state.     This follows another Republican, Don Huffines, a current candidate for Texas governor, exclaiming he would...Continue Reading

Bitcoin ATH and the ETF Influence: Unpacking BTC’s Record Surge Bitcoin Fundamental & Technical Update What a ride the past couple of weeks has been with a fairly smooth transition of Bitcoin ATH from $40,000 USD to all-time highs this morning at $66,600 USD (BTC is 666 weeks and 6 days old today), strange coincidence…...Continue Reading

1 BTC Mining What does is cost? 23rd September 2021 Before we get into the juicy information, let’s first take a look at the current market conditions. BTC Fundamental & Technical Update The negative economic news coming from China has weighed on all financial markets this week, including 1 BTC. Risk assets declined due to...Continue Reading

BTC network reset resulted in 7% in mining difficulty Last week the BTC network reset resulted in a 7% jump in mining difficulty as the overall network hash rate continued to climb. The recovery can be attributed to Chinese miners finding sites to deploy their rigs and other investors expanding their own mining operations to...Continue Reading

This week we cover: When will we see Bitcoin break 20k? Ethereum going from strength to strength How Cryptocurrency can help our future? Fear, Greed & Mentality When will we see Bitcoin break 20k? This week saw Bitcoin finally break it’s all time high but also abruptly rejected near the $20,000 resistance. Let’s look at...Continue Reading