The Bitcoin hashrate - the aggregate computation power the network consumes - has declined drastically over the past couple of weeks. Industry insiders consider this a signal that China’s clampdown on its domestic mining industry is now being reflected on the network. If this...
There has been a lot of chatter over the latest proposed Bitcoin upgrade of the network which will be implemented in November 2021. This upgrade could move the Bitcoin protocol one step closer to better, and more improved functionality. Experts suggest the upgrade could...
Over the weekend, the Bitcoin community marked a major milestone in its history. El Salvador President Nayib Bukele announced that the digital token will soon be declared “legal tender” in his country. This makes the Central American nation the first to adopt cryptocurrency as...
It’s no secret that bitcoin investors tend to be much younger than more traditional investors. A recent survey by Charles Schwab UK found that most crypto assets were traded by people under the age of 40 and half of Britain’s youth had traded these...
Bitcoin has been controversial since its inception. The concept of digital scarcity, trustless social systems, and distributed ledgers is seen as innovative by some and superfluous by others. Some of the brightest minds in business and economics fall into the latter group. Here are some...
Tesla CEO Elon Musk set off a Bitcoin rally earlier this year when he announced his electric car company would deploy some of its cash to buy Bitcoin and accept BTC payments. This week, in a statement posted on Twitter, Musk said his team...
Difficulty is one of the most important aspects of Proof-of-Work mining. It is derived using the network hashrate and determines the speed at which miners are able to validate an encrypted block. In the context of bitcoin mining, the difficulty adjusts every 2016 blocks...
Bitcoin may be the first technological and financial innovation that emerged from a grassroots movement and not from Wall Street or Silicon Valley. For much of its history, Bitcoin has been hodled by early adopters and enthusiasts from across the world. Banking institutions and...
Investing in bitcoin and cryptocurrency-related companies was once regarded as something of a joke, conjuring up images of teenagers posting memes on social media in their own lingo, replete with phrases like “HODL” and “To the Moon”. As the advantages of a decentralised and...
Bitcoin’s accessibility is directly correlated with its adoption. As the digital asset becomes more mainstream, buying, selling, and holding BTC becomes increasingly easier. Here’s a brief overview of some of the different ways you can buy Bitcoin in 2021 and emerging gateways that could broaden...
