Bitcoin (BTC), the flagship cryptocurrency’s third block reward halving was completed on May 11, 2020. The digital asset’s algorithm (and protocol) has reduced the per-block subsidy from the previous 12.5 BTC to 6.25 BTC, an amount valued at nearly $54,000 at the time of writing…. Read More
A class action suit against the world’s largest cryptocurrency mining equipment maker and cryptomining conglomerate, Bitmain, has been filed in Northern California. The suit will test rumours circulating in crypto circles for some time that allege Bitmain used customers’ newly-purchased machines to mine crypto at… Read More
The recently announced $3 billion Bitmain IPO has left many crypto enthusiasts excited for the possibility of a legitimate publicly-traded crypto business. However, when a company creates an exit for a high margin cash flowing business, it usually indicates diminishing growth or margins. This could… Read More
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