Electroneum smartphone with integrated cloud mining

British startup Blockchain Electroneum presented to the public a cheap Android-smartphone, which rewards users of cryptocurrency. The company said that its new M1 is a smartphone certified by Google Mobile Services (GMS), which is equipped with embedded cloud mining technology that allows users to earn cryptocurrency using a special application.
A smartphone costing $ 80 at launch will mine the own Electroneum ETN token with a stated monthly income of “up to $ 3.” User earned ETN tokens can be used to pay for mobile communications, purchase online services and goods. They can also be sold on exchanges: 1 ETN at the time of this writing costs $ 0.0073. Currently, the market capitalization of the currency is about $ 65 million.


The income of miners

In February 2019, the income of miners was 195 million dollars, and a month earlier this figure exceeded 210 million dollars. And this is not to mention the record high in December 2017, when the total income from mining reached 951 million dollars. To stay afloat, miners had to go to drastic measures. Someone transferred […]


Basel Committee report notes

A group of regulators included in the so-called Basel Committee, considers the threat of mass introduction of cryptocurrencies in the global market. Analysts of the committee presented a report in which they stated that the massive use of digital currencies could lead to fundamental changes in the modern financial system. The report notes: The continuing […]


“Blockchain, but not Bitcoin” is an erroneous slogan

Question: exposing the statement “blockchain, but not bitcoin”, how can we convince an ordinary person that such logic is erroneous? The only motive for using the blockchain is to achieve decentralization. In order to achieve decentralization, we need the ability to confirm transactions without giving anyone the right of veto or the right to control […]


Bitcoin millionaire accused of drug trafficking

The Australian Transaction Reporting and Analytical Center stopped the work of two Australian cryptocurrency exchanges after examining their links with one of the organized criminal groups. One person was arrested. His name was not previously mentioned, but now it has become known that it is Sam Karagiosis, a millionaire and bitcoin investor, who became famous […]


Bitcoinpaperwallet changed owners

The bitcoin paper wallets generator bitcoinpaperwallet changed owners in 2018 and is currently unknown how it is supported (most likely by no means). However, the service is still advised in Coindesk materials, and an advertising article from Andreas Antonopoulos, who is more than 4 years old, still hangs on the site. I am sure that […]


A dubious distribution of cryptocurrency

It had all the signs of a classic Twitter fraud: a dubious distribution of cryptocurrency for $ 20 million and a mandatory reference to Ilon Mask. Except that this is not a fraud, but simply the self-promotion of Tron CEO Justin San: To celebrate the success of BTT, USDT / TRON, I plan to spend […]