Jun 08, 2016 | by VienS
Cryptocurrencies are getting more and more popular nowadays, because they completely anonymous, do not require special knowledge for their use, and available nearly anywhere. Multitudes of banks all over the world accept cryptocurrencies, and most of Forex brokers use them to refill their ac...
May 31, 2016 | by VienS
The subject of virtual cryptocurrencies is not new for Russian financial market. For a long time Russian authorities have been trying to regulate, control and even prohibit the operation/circulation of virtual money. Above all, the Russian bureaucracy sees such payment systems as a convenien...

AsicBoost Patent or Information War Against Bitcoin

AsicBoost Patent or Information War Against Bitcoin

May 20, 2016 | by VienS
In April 2016 the news about a specialized technology aimed to speed up bitcoin mining by 20% caused a real storm in Bitcoin community. The method called AsicBoost was developed by Timo Hanke, a mathematical researcher and cybercurrency expert, in collaboration with Segio Demian Lerner, a se...

World Biggest Cryptocurrency Exchanges

World Biggest Cryptocurrency Exchanges

May 15, 2016 | by VienS
When the first cryptocurrency emerged on the world scene, it requested for a global trading platform. To perform this function cryptocurrency exchanges were quickly built. Today a few dozen exchanges are operating with cryptocurrencies. Some of them are local, while others are trading global...


Who Hides Behind the Name Satoshi Nakamoto?

Who Hides Behind the Name Satoshi Nakamoto?

May 09, 2016 | by VienS
Apart from its unique payment features, bitcoin has been unique in another way. No other cryptocurrency can boast to have such a mystery halo, surrounding bitcoin from the very start. It was known earlier that a bitcoin creator, or a group of creators, were hiding under the alias Satoshi Nak...

Bitcoin Mining Will Be Consuming Power like Small Country

Bitcoin Mining Will Be Consuming Power like Small Country

May 03, 2016 | by VienS
The issue of energy consumption is especially critical for Bitcoin miners. Hashing demands more and more capacity so the bitcoin miners have to continuously increase the number of pieces of equipment, thus consuming more and more electricity. The findings of research of Leiden University ecol...


Prospects of Bitcoin in Russia: Will They Totally Ban it or Officially Allow?

Prospects of Bitcoin in Russia: Will They Totally Ban it or Officially Allow?

May 01, 2016 | by VienS
One of these days the news emerged that Bitcoin trademark was registered in Russia; - Certificate No 552645 was issued to “Bitcoin” company founded by Alex Fork from Russian Blockchain.community. According to the patent holder, his company does not have any plans to use this trademark fo...

EDRC – What Do We Know About It?

EDRC – What Do We Know About It?

Apr 30, 2016 | by VienS
Asian markets have already got access to a new cryptocurrency - EDRC, and its creators anticipate quick growth of their product. Thanks to EDRC simplified mining process, its rate related to US dollar and its positive eco-message it immediately attracted interest of many businessmen in crypt...


Kiev as Bitcoin Capital of Eastern Europe

Kiev as Bitcoin Capital of Eastern Europe

Apr 22, 2016 | by VienS
While Russian Ministry of Finance together with Investigation Committee are planning to make any operations with bitcoin a serious crime and to sentence persons found guilty to seven years in prison, in Ukrainian capital city, Kiev, they held Bitcoin Conference Kiev at the end of March. The ...

Innovation and Steadiness: Latest News in Cryptocurrency

Innovation and Steadiness: Latest News in Cryptocurrency

Apr 20, 2016 | by VienS
The drop of bitcoin value projected as inevitable by spring of 2016 due to increasing complexity of block calculation and instability of the whole bitcoin ecosystem doesn’t seem to be in a rush to actually happen. In fact, bitcoin value was growing steadily the whole March through and sett...


Bitcoin in Finland: Pay for Dinners, Dance Lessons and… a Car?

Bitcoin in Finland: Pay for Dinners, Dance Lessons and… a Car?

Apr 06, 2016 | by VienS
Finland, the birthplace of Santa Claus and home to some of the best ski trails in Europe, is widely known for its magnificent nature, high standards of living and advanced touring industry. But touring isn’t the only area that’s thriving in Finland....

Turkish taxis follow Hungarian example and start accepting bitcoin payments

Turkish taxis follow Hungarian example and start accepting bitcoin payments

Apr 02, 2016 | by VienS
Currency exchange is a constant source of headache for a tourist or a traveler. Whether you use cash or card, there's no escaping the matter of exchange commission rate when you need to pay while travelling abroad. Actually, now there is, for travelers who use bitcoin, an internationally recognized ...


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