The value of BTC kept mostly steady or grew very slowly during the past week after the big crash mid-July. But today something weird happened: in less than 6 hours the BTC jumped by more than 12% since last week (Edited 12 hrs later: the race continued past 18% jump). This was a weekly peek… Read More Interim Earnings Update (July 2017)
The recent huge drop of value for BTC and various other crypto coins brought out again the annoying crowd of entitled whiners who felt cheated and complained loudly about the money they weren’t getting. As if somebody ever promised it to them. One of the few Facebook pages that I am monitoring — that of… Read More It’s The Potential, Stupid
The title of The Book of Satoshi: The Collected Writings of Bitcoin Creator Satoshi Nakamoto says it all. This is a collection of almost all publicly available forum posts and email correspondence of the mysterious inventor of Bitcoin over a period of two years. The texts are curated by Phil Champagne, a software engineer and… Read More Book Review: The Book of Satoshi
Bitcoin for the Befuddled is one of my favorite books about crypto currencies. If you are a non-technical person interested in learning the important stuff about bitcoin, then this is the best book on the subject I have discovered so far. In this review I will tell you everything about this book; I hope to… Read More Book Review: Bitcoin for the Befuddled
In one of the first posts I wrote for this blog, I talked about bitcoin profit and, more specifically, I considered possible definitions of success regarding bitcoin mining (see How to be successful at bitcoin mining? if you are interested; it is a 2-minute read). It’s been only about 3 weeks since then, and NiceHash profitability… Read More Bitcoin Profit: Time to Re-evaluate Assumptions
Among the daily flood of news regarding cryptocurrency, there is a growing section dedicated to ICOs (Initial Coin Offerings) for newer and ever weirder kinds of tokens. These ICOs follow the same logic: a white paper is published, trying to explain the uniqueness of the new coin and its application, and a purchase schedule is… Read More Giga Watt ICO — Who is Smoking Watt?