County in Montana Delays Decision to Suspend Bitcoin Mining Operations

county in montana delays decision to suspend bitcoin mining operations

After a wave of Bitcoin mining operations set up in areas with affordable electricity, places like Montana’s Missoula County needed to make a decision over the impact these operations have on the region. Earlier this month, it was reported that Bitcoin’s (BTC) energy footprint had nearly doubled in six months and was expected to grow. According to the study, Bitcoin could be using up approximately 0.5% of the world’s energy by the end of the year, almost the same amount used by the Netherlands. Needless to say, most people might not…

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Coinbase Index Fund is Officially Open for Investment!

coinbase index fund is officially open for investment

The Coinbase Index Fund is now officially open for investment! Coinbase Index Fund Starting today, the Index Fund is open to investment starting from a minimum of $250,000 USD and ranging to a maximum of $20 million. It is only open for accredited investors who are residents in the US. First announced back in March 2018, the Coinbase Index Fund is meant to “give investors exposure to all digital assets listed on Coinbase’s exchange, GDAX, weighted by market capitalization,” where they have highlighted that they are “excited to give [Coinbase] customers…

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Neo Wallet

neo wallet

What is NEO? NEO is a cryptocurrency which runs on the NEO blockchain. This NEO blockchain uses a technology called smart contracts. Smart contracts are essentially customized blockchains which eliminate the need for a middleman to conduct a transaction. This significantly reduces transaction charges. Because Neo uses the latest blockchain technology, which allows for the decentralization of smart contracts and smart assets and adds transparency to the entire process. The NEO team appear dedicated, as the system constantly strives for change and up-gradation. NEO uses digital identities to associate smart contracts…

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Trezor Supported Coins

trezor supported coins

Some members of the crypto community still store their coins on exchanges despite the countless recommendations not to do so. This is for safety reasons as hacking and theft is a greater possibility when coins are stored online. On the other hand, the more careful 35% of users use hardware wallets to safely store their coins. Although various wallets are susceptible to attacks like malware and DDoS, certain wallets such as Trezor, Ledger Nano S, and many others are produced exactly to keep such issues from happening to you. What is…

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Crypto Mining News | To Mine, Or Not to Mine?

crypto mining news to mine or not to mine

In 2018, the topic of crypto mining, otherwise known as crypto farming, has come up quite a bit. There’s been a lot of crypto mining news circulating the masses over the last few months, primarily because we have seen various nations take a step back from crypto farming. Why? It boils down to the issue of supply and demand. Some worry that the world won’t have enough energy to fuel the many ongoing crypto mining projects, while others strongly encourage it, and are looking to develop products that will assist miners.…

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