Open letter to the Burstcoin Community

Our journey has been long, but we are in this together. Gather around friends, as we share our thoughts on the current state of Burstcoin and the road that lies ahead. The Darkness In 2019, when the BAT and BMF team took over the development responsibilities, following the cloak-and-dagger departure of our predecessors, the Burstcoin community was in a state of hopelessness and despair. To New...

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The cryptocurrency market continues to be in an upward trend

Cryptocurrency expert Willie Wu says that bitcoin is rising in price. He also thinks that most altcoins are going up in price too. And there are a lot of people joining the bitcoin market for the first time who buy it when its price is lower, because they have a good chance to get it at a good price. A key to reading this chart is to know that BTC user count has roughly doubled every year since...

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China Bans Bitcoin Mining: Are Chinese-Based Miners Expected to Immigrate Overseas

China’s largest miner has said that he will no longer offer a service where people outside of his company can mine cryptocurrency. This is news from Colin Wu, a reporter on Friday. The government announced that bitcoin mining and trading among other financial risks are to be controlled. Zhuoer notes that the co-mining service only accounts for a small fraction of their computing power. The...

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China banned mining – Chia’s death and bitcoin’s catastrophic decline. HDD miners switching to Burstcoin!

Liu He, Vice Premier of the State Council of the China, said that he had issued an order to crack down on bitcoin mining and trading activity. A notice to this effect was published on the Chinese government’s official website. Amid the announcement, the price of bitcoin plummeted 10 per cent from $41,750 to less than $38,000. Chia’s death Not only is bitcoin in trouble now, but the...

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Provider Hetzner banned Chia mining due to damaged disks

Major German hosting provider Hetzner has banned mining on its servers after users started mining the cryptocurrency Chia. The ban affected cloud servers, hosting services and storage servers. Problems with the bandwidth Hetzner explained that “the use of servers for storage in the process of mining leads to problems with the bandwidth of the host systems”. Mit der Bandbreite auf...

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Binance Under Scrutiny: The Elusive Cryptocurrency Exchange

On May 13, we found out about the U.S. Justice Department and the Internal Revenue Service inspections on Binance. What could lead to this interest in the company from these authorities? How will it affect Binance’s own token trading platform? Yesterday (May 13), the U.S. Department of Justice and the Internal Revenue Service started to investigate Binance, which is one of the...

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146,000 Terabytes of Disk Space for BitCoin Mining

China’s game developer will get 146 terabytes of disk space to mine cryptocurrency. A company traded on the NASDAQ stock exchange in China has signed contracts for $5.7 million worth of equipment and cloud services to mine Chia Coin. This will give them 146,000 terabytes of space to use for mining. The Chia Coin token runs on the Chia Network blockchain, which was created by American...

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Bitcoin Prices Fall, Trading at $50,900: Will the Fall Continue?

This week, the price of the main cryptocurrency fell to an 11-week low of $46,000. Will the fall continue in the next few days or will the cryptocurrency market begin to recover from the collapse? Over the past seven days, bitcoin has fallen in price by 10% and is trading at $50,900 at 20:00, according to CoinGecko. This week, the value of the main cryptocurrency fell to an 11-week low of...

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News From the Past Business Week

The investigation into the world’s largest cryptocurrency exchange, Ethereum stocks decline to their lowest level in two years and other news from the past business week. A spacecraft will be launched into space by a Falcon 9 rocket next year. The Shiba Inu token surged 164% when it was listed on the cryptocurrency exchange Binance. The platform added the ability to trade the digital coin...

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