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 farms in the region with cheap electricity, others diversified and leased computing facilities.
As the Cointelegraph wrote earlier, in the last two months of 2018, most miners generally worked at a loss. The sudden fall in prices in cryptocurrency markets in mid-November provoked chaos. In this case, the mining community of China even predicted a possible collapse in network performance.
However, in January 2019, the situation began to normalize and entrepreneurs gradually recovered from unforeseen losses. The source also confirms that the margin of Antminer S9 users from Bitmain is gradually increasing.

“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 […]

Crypto Smartphone Review

How you rate Exodus 1, the so-called blockchain smartphone, which HTC has advertised in recent months, depends on your personal expectations. How to store a cryptocurrency smartphone? Not bad! But if you were hoping that Exodus 1 would bring the Web 3.0 revolution closer, then your expectations are unlikely to be fulfilled. Actually, as a […]

Texas cannot use a digital currency

On the official website of the Texas legislature, it says that on March 8, a bill was submitted that obliges citizens to identify themselves when using digital currencies. In the text of the bill there are definitions of “digital currencies”, “digital wallets”, “distributed registries”, and also “VIDC” – “digital currencies that allow you to find […]

Coupon on blockchain. Holders of cryptocurrency will be identified in Russia

Users must obtain a special permit in order to be able to work with digital money, for violation of these rules may face a prison term of up to 15 years To control the laundering of income, users will be required to undergo a special identification, after which they will receive the right to use […]

Tet terms

Tether has updated the terms on its website, which now states that its steakblock USDT linked to the US dollar may not be provided with 100% fiat reserves. The conditions state that, although stableblock itself is 100% sec terms on its website, which now states that its steakblock USDT linked to the US dollar may […]

XRP Beats Bitcoin Market Capitalization

SBI Holdings President: Ripple technology continues to spread throughout the world. One of Ripple’s partners, the Japanese financial giant SBI Holdings, presented a new initiative that should encourage the massive introduction of XRP. According to the President and CEO of SBI Holdings Yoshitaka Kitao, 2019 should be extremely important for XRP, since its market capitalization […]