Archive | crypto

Bitcoin Mining Difficulty Increases by 16.64%

The bitcoin mining difficulty has undergone another major change. It seems the difficulty continues to increase by a higher percentage over the past few months. This latest change represents mining getting 16.64% more difficult, indicating a lot of new hashpower has come online over the past two weeks. It is unclear if this is the […]

Huobi Terminates Margin Trading, Chinese Bitcoin Market to See Major Improvements

Earlier this week, the People’s Bank of China (PBOC) criticized OKCoin and Huobi, two of the three largest bitcoin exchanges in China apart from BTCC, for violating local regulations by operating margin trading platforms. The central bank of China also noted that OKCoin and Huobi did not have sound KYC and anti-money laundering system. Local […]

Fiverr Seemingly No Longer Accepts Bitcoin

It does not often happen platforms accepting Bitcoin suddenly remove the cryptocurrency payment option altogether. For some reason, the Fiverr platform is no longer accepting Bitcoin all of a sudden, even though there is no official company statement regarding this change. That is an unfortunate development, as they seemed to be quite a popular service […]

Top 5 Companies Accepting Bitcoin

Since Bitcoin’s inception 8 years ago many merchants and retailers have warmed up to the currency and use it today. This article will list the 5 best places to spend your Bitcoins. #5 Dell Dell started accepting Bitcoin in 2014, it is one of the largest personal computer companies in the US. Dell’s Bitcoin payment […]

Top 6 Gift Cards That can be Exchanged to Bitcoin

It has become apparent a lot of people are wondering how to cover their gift cards to Bitcoin. Other than selling these codes on forums and online marketplaces, they can also be used to buy Bitcoin directly. Peer-to-peer marketplaces are always a great place to convert unwanted gift cards to Bitcoin with relative ease. Below […]

Israel Government Will Charge Taxes To All Profitable Cryptocurrency Activities

The devoted community of cryptocurrency enthusiasts will now have a good perspective on what bitcoin-related laws will apply in the country. Israeli tax authorities issued a document establishing that cryptocurrencies cannot be considered as financial bonds nor as legal tender payment methods, but are in fact taxable assets – just like in the US. The legal […]

Top 6 Countries Where You Can Live on Bitcoin

Contrary to popular belief, it’s certainly possible to live and survive on Bitcoin alone. Do keep in mind that just because it’s possible, does not mean one should expect a comfortable life by any means. Living off the grid on cryptocurrency always requires a tradeoff where comfort is concerned. Using the digital currency directly remains a challenge wherever […]