Day: October 20, 2018

Armenia Inaugurates First Large-Scale Crypto Mining Farm

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Armenia Inaugurates First Large-Scale Crypto Mining Farm October 20, 2018 by Akshay Makadiya The tiny Eurasian country of Armenia inaugurates one of the world’s largest cryptocurrency mining farms, jointly built by Armenian-based holding company Multi Group Concern and Swedish crypto mining leader Omnia Tech Limited. Also see: Gemini Dollar Soars, Public Slinging Match Over Unaudited Stablecoins Ensues Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts $50 Million USD Mining Farm to Mine Bitcoin and Ethereum According to local news outlet Yerkramas, the newly launched facility is the…

Catalan Independence Leaders Turn to Bitcoin for Donations

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Catalonia, a pseudo-autonomous community and region located in the Northeastern corner of the Iberian Peninsular, has been desperately fighting for independence from Spain, especially since the 2017 referendum. According to an article published by El Confidencial, on October 18, 2018, Catalan politician and former president Carles Puigdemont, has requested for cryptocurrency donations from the general public to aid any Catalan Government politicians that have fled the region. Cryptocurrency Donation Fund for Exiled Catalans The request for cryptocurrency donations is evident on defensaexili.org, a website and money collection system designed by…

Bitcoin Cash Merchant Directory Marco Coino Surpasses 500 Listings

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Over the last year bitcoin cash adoption has been thriving and in certain regions, BCH merchants are spreading like wildfire. Thanks to a slew of cryptocurrency payment processors and people pressing for adoption there are thousands of BCH accepting merchants these days. One application called Marco Coino helps bitcoiners find BCH brick-and-mortar retailers on a global map and the platform now hosts over 500 known merchants. Also read: New Qart Wallet Gives Bitcoin Cash QR Codes a Personal Touch Finding Brick-and-Mortar Bitcoin Cash Merchants With Marco Coino Getting merchants to accept…

Ticketmaster acquires blockchain tech company Upgraded

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Ticketmaster has announced the acquisition of blockchain technology company Upgraded. Upgraded converts traditional tickets “into secure interactive digital assets protected by blockchain”, providing event creators with more control and visibility over ticket distribution.  Its approach leverages blockchain technology combined with dynamic, encrypted barcodes to prevent fraud often associated with paper or pdf-based tickets. The solution can also be implemented without requiring a venue to replace existing access control hardware. “Ticketmaster is constantly exploring emerging technologies, and there aren’t many that have the unique possibilities of blockchain,” said Justin Burleigh, chief product officer at…

Price Stable, XMR is Bullish above $100

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36 hours after hard forking and Monero buyers are yet to confirm Oct 15 gains. If anything, there seems to be resistance for upsides and this is negative for bulls. Anyhow, we suggest aggressive buyers to load at spot prices with stops at $190 while risk-averse traders should be on the side lines until there are gains above $150. Such gains will most likely trigger a torrent of buyers aiming at $300 and higher. Latest Monero News Talk of privacy coins won’t leave Monero out and for good reasons. While…

Coins Ready to Rally as ADA, Stellar, Litecoin Reject Bears

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While Litecoin might be a “relic” according to Tushar Jain, their developers are ready to slash transaction costs by a factor of 10 once Litecoin core 0.17 goes live. The release date is tentative but what we know for sure is that EOS trade volume are roughly five percent that of Ethereum. Besides, it’s prone to congestion all thanks to the introduction of Block Producers who often collude locking out “outsiders”. Let’s have a look at these charts: EOS Price Analysis According to reports, there is a CPU problem in…

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

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Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December 2017, which included a total of 372 projects. Within those projects were 110 standout ICOs that accounted for 87 percent of all funds raised among all projects analyzed. They dubbed this collection of more successful projects…