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Lights Bulbs that can Mine Bitcoins

Lights Bulbs that can Mine Bitcoins

Last week, BitFury made an interesting revelation that they are releasing a prototype of a light bulb that can mine bitcoins. This device will be marketed in 2015, as announced by the company officials. The marketing strategy still remains a blur due to being in the stage of nascence. However, …

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Bitcoin amid Legitimacy Battle Still

Bitcoin amid Legitimacy Battle Still

The Digital currency Bitcoin has always promoted itself as an easy way to transfer money online. However, unfortunately for the currency, it has always been in the news for all the wrong reasons. Just recently founder of Silk Road, Ross Ulbricht, was sentenced to life imprisonment because they operated a bitcoin …

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Bitcoin Mining impact on Environment Debate Reopened by Think Tank

Bitcoin Mining impact on Environment Debate Reopened by Think Tank

The impact of mining bitcoins on the environment has raised concerns again as a suitability based think tank in Australia pointed out that the mining alone can consume up to 60% global annual production of electricity. Long Future Foundation calculated this estimate on the suppositions that 1 BTC is valued …

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Bitcoin Undergoing Decentralization Dilemma

Bitcoin Undergoing Decentralization Dilemma

Digital crypto currencies and especially Bitcoins are known for their decentralized setup and this is exactly what made so popular. However, from the looks of it, this is about to change! The way this world works is, mighty is the one who has access and control over the information and …

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Bitcoin makes Inroads in Indonesia

Bitcoin makes Inroads in Indonesia

Bitcoin has been readily embraced by the Indonesians as a reliable payment solution as well as for online transactions. They have continued to use the service despite knowing its inherent flaws. However, some known issues such as, price volatility and potential cyber attack on the software that takes care of …

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Profess your Love with a Digital Bitcoin Ring

Profess your Love with a Digital Bitcoin Ring

Diamonds are a girl’s best friends. This notion has been sold by top advertisers for tens of years to keep their products selling at a premium price. However, this generation is smarter and is not only looking for attractive but also intelligent ways to invest their money, thus the Bitcoin …

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1 Up for Bitcoin after PayPal fined $10 Million for Engaging in Malpractices

1 Up for Bitcoin after PayPal fined $10 Million for Engaging in Malpractices

PayPal has just recently been indicted for malpractices when they enrolled customers into credit programs without their consent or knowledge. This made the customers responsible for the credits on their account they never really asked for. Credit programs have an impact on your credit scores and the Consumer Financial Protection …

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