Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM operator plans to enter the Korean market.

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant and has launched a token fund. In addition, human consultants are now available to answer questions about bitcoin for free from within the Line chat app.

Largest Czech Online Retailer Alza Accepts Bitcoin, Installs 2 Bitcoin ATMs In Showrooms

The largest Czech online retailer Alza has started accepting bitcoin and has installed a Bitcoin ATM in two of its showrooms; one in Prague and one in Bratislava.
Alza Starts Accepting Bitcoin
Founded in 1994, Alza.cz Inc was previously called Alzasoft. Originally known for electronics and computer technology, Alza now sells a wide range of products including home electronics, toys, cosmetics, magazines, and sporting goods. The company expanded its operations into 26 European countries in 2014. Continue read on Largest Czech Onlin...

India’s Government May Be Preparing To Legalize And Regulate Bitcoin This Summer

Over the past few years, India and bitcoin has had a positive relationship as the decentralized currency has grown in popularity within the country. Now a few regional news outlets are reporting that India’s government may be preparing to legalize and regulate bitcoin as a form of payment this summer.  Click to continue to read on India...

Bitcoin To Be Accepted At 260,000 Stores In Japan By This Summer

Only a few days after bitcoin officially became a method of payment in Japan on April 1, two major Japanese retailers have partnered with Japanese bitcoin exchanges to start accepting the digital currency for payments. Continue to read on Japan...

Bitcoin Mining: A Closer Look Under The Hood

Bitcoin mining is an integral part of the cryptocurrency’s infrastructure. The operation helps process transactions, creates new bitcoins and submits the validated transactions to the publicized and immutable distributed ledger.
Currently, the network’s hashrate is running at a phenomenal 3,418,031,852 GH/s, strengthening the bitcoin architecture more so each and every day. But many newcomers hearing about bitcoin for the... Continue

The Rise (And Probable Fall) Of Bitcoin

While no one knows the future of bitcoin, its death knell may already be ringing in large part due to the same reasons it rose to infamy in the first place. To wrap our brains around that story, we begin during Thanksgiving Week, 2004, when a video game company called Blizzard first released what would become the the grandaddy of all MMORPGs: World of Warcraft. Continue to the rise of bitcoin...

Here Are Some More Creative Ways Of Using Bitcoin In 2017

We’re seeing a lot of new ways of using your Bitcoin, some more creative than others. In this article, we are going to take a closer look at how all of those Bitcoins you have accumulated can be used to get anything from the latest gadgets to more discounts and special offers.
Bitcoin recently reached a new all-time high by crossing over the $1,000 mark. Those who were skeptical about the future of Bitcoin and other cryptocurrencies are now far more confident about the future. But for many, Bitcoin is already the go-to currency used to make everyday purchases of all kinds.

  • Bitcoin for Businesses
  • Pay your Bills
  • Hold on to It
  • Shop at Amazon for Less
There is no doubt that 2017 will be an interesting year for Bitcoin. The market will continue to bloom and more ways to use the Bitcoins you have in your wallet means more ways to benefit from the cryptocurrency. Continue to read on...

Bitcoin Volatility Reminds Investors About The Reality Of Investing In Digital Currencies

Bitcoin experienced a sharp rally at the end of 2016 that continued into the New Year with the price of bitcoin peaking at $1,153.86 on January 5 according to Bitcoin Average. This rally has put bitcoin back into the public light, with global media reporting on bitcoin and once again asking questions about regulation, bitcoin as an investment, and the possible future of bitcoin and digital currencies.

Welcome Back, Volatility!
Within 48 hours of bitcoin reaching its three-year high, the price of bitcoin dropped by 28 percent, from around $1,150 to a low of $830, giving investors a stern reminder that digital currencies are an extremely volatile asset class.
Throughout last week, the People’s Bank of China (PBOC) had meetings with leading Chinese bitcoin exchanges OKCoin, Huobi and BTCC to remind them “to conduct self-examination based on related laws and correct any possible irregularities” and to “operate strictly in accordance with the laws and regulations of China.” The PBOC then went on to issue a warning to the general public, highlighting the risks involved in investing in bitcoin and other digital currencies and stating that Chinese citizens “should invest with rationale in bitcoin.”

What Experts Are Predicting For 2017 In Bitcoin And Blockchain Tech

As the year kicks off with an all-time high market cap for Bitcoin on its eighth birthday, 2017 promises to be an exciting year for Bitcoin, digital currency and blockchain technology in general.
In this first week of the New Year, Bitcoin Magazine reached out to a variety of thought leaders and stakeholders in the industry, to offer a look ahead. Continue to expert opinion...

Top Bitcoin Cloud Mining Pool Hash Rate Distribution?

Following are the top Bitcoin cloud mining pool hash rate distribution:

  • Antpool: Bitmain, one of China's largest Bitcoin companies, operates Antpool. It is currently the largest Bitcoin pool and has around 20% of the network's hash rate under its control.
  • F2Pool: F2Pool is the second largest Bitcoin mining pool, with around 12% of the network hash rate. Its user interface is in Chinese, making it difficult for English speakers to join.
  • BW Pool: BW Pool controls around 10% of the network hash rate. Like F2Pool, its user interface is in Chinese, making it difficult for English speakers to join.
  • Bitfury: Although seen publically in block explorers and hash rate charts, BitFury is a private mining pool and control 9% of the network hash rate.
  • BTCC: BTCC is a Bitcoin exchange, wallet, and mining pool located in China. Its mining pool currently controls around 8% of the network hash rate.

These all hash rate value are change regularly... Please check current value at: Blockchain Pools...

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