Cryptocurrency

New Report Shows China Dominates Bitcoin Mining, Is This a Sign of Worry? - Forbes New Report Shows China Dominates Bitcoin Mining, Is This a Sign of Worry? - Forbes Posted: 12 Dec 2019 12:00 AM PST domestic gpu cripto mining rig on wall with selective focus. Getty 2019 has been a relatively good year for miners , generating $5.4 billion in total revenue. But, according to the year-end report of CoinShares, one country has dominated bitcoin mining throughout the year more than any other. The research paper entitled "The Bitcoin Mining Network", which explores trends, average creation costs, electricity consumption and sources in bitcoin mining, discovered that nearly 65 percent of bitcoin hashrate originates from China. "Regardless of the reasons, the effect is that the current Chinese hashrate ratio is likely higher than in June 2019. While we expect this ratio to fall again as latest generation hardware fur...

What Is a Cryptocurrency? We Need Clearer Definitions - Coindesk What Is a Cryptocurrency? We Need Clearer Definitions - Coindesk Posted: 31 Dec 2019 01:14 AM PST This post is part of CoinDesk's 2019 Year in Review , a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Dr Gina C Pieters is an Assistant Instructional Professor in the Department of Economics at the University of Chicago, and a Research Fellow at the Cambridge Centre for Alternative Finance at the University of Cambridge. She has been researching cryptocurrencies since 2015. There is an unresolved debate over how to define decentralization in a distributed ledger system, even though decentralization of peer-to-peer payments was the motivating factor for bitcoin. Personally I like an approach that defines it as the absence of a named party participants must engage with. Think of it this way: "Can someone in North Korea use it i...

How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ Bitcoin Casino revs it up a Gear with the Wild Trucks Slot - PC-Tablet A new addiction: Bitcoin poker and its growing popularity - Coin Rivet How Cryptocurrencies Can be Apt for Online Poker? - CryptoNewsZ Posted: 31 Dec 2019 05:05 AM PST Despite still being a novelty, cryptocurrency has become very important in various aspects of human interaction. Something of a global phenomenon, digital currency announces a revolution in the way we see and use money – some even believe there is a solid chance for cryptocurrencies to replace fiat money and take over the future. One of the uses of cryptocurrencies that has been developing at a rapid pace is their use in the online gambling industry. Online gamblers are increasingly taking advantage of Bitcoin and similar virtual solutions to enjo...

Cryptocurrency Trends to watch out for in 2020 - Entrepreneur Cryptocurrency Trends to watch out for in 2020 - Entrepreneur Posted: 29 Dec 2019 10:09 PM PST The blockchain and crypto market is far from slowing down as the momentum is gradually picking up December 30, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The year 2019 turned out to be a remarkable one for the global crypto market. Despite a secular bear market, it involved new groupings, novel trading solutions, and a number of blockchain protocols emerging and maturing. Global regulatory bodies are also becoming less apprehensive of cryptocurrencies and can be seen developing their own blockchain infrastructures. As a matter of fact, China has entered the global competition as well and is driving innovation with its deep pockets. In short, the blockchain ...

What Is a Cryptocurrency? We Need Clearer Definitions - Coindesk What Is a Cryptocurrency? We Need Clearer Definitions - Coindesk Posted: 31 Dec 2019 01:14 AM PST This post is part of CoinDesk's 2019 Year in Review , a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Dr Gina C Pieters is an Assistant Instructional Professor in the Department of Economics at the University of Chicago, and a Research Fellow at the Cambridge Centre for Alternative Finance at the University of Cambridge. She has been researching cryptocurrencies since 2015. There is an unresolved debate over how to define decentralization in a distributed ledger system, even though decentralization of peer-to-peer payments was the motivating factor for bitcoin. Personally I like an approach that defines it as the absence of a named party participants must engage with. Think of it this way: "Can someone in North Korea use it i...

China May Soon Have Its First Blockchain Exchange-Traded Fund - Coindesk China May Soon Have Its First Blockchain Exchange-Traded Fund - Coindesk 2010s In Bitcoin: The Year 2018 - Forbes Bitcoin 2020 — Blockchain's New Year Resolutions - Cointelegraph China May Soon Have Its First Blockchain Exchange-Traded Fund - Coindesk Posted: 29 Dec 2019 10:00 PM PST China Securities Regulatory Commission (CSRC), the country's financial watchdog, has recently received an application for listing an exchange-traded fund (ETF) that will track blockchain-related stocks as underlying assets. Dubbed Penghua Shenzhen Stocks Blockchain ETF, the application was filed by Shenzhen-based asset management firm Penghua Fund and was accepted by the CSRC on Dec. 24 , according to the regulator's disclosure. The proposed ETF aims to track and reflect the performance of Shenzhen-listed public stocks that have businesses in t...