Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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Debunking Bitcoin Mining Myths : Proof Of Work Cryptocurrency Subsidizes Alternative Energy

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Bitcoin Tutorial #8 – Das Double Spend Problem

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Ethereum Upgrades its Upgrade – What is Casper Version 2?

The long-anticipated Ethereum update known as ‘Casper FFG’ has been replaced by a hybrid update called ‘Casper v2’. It will combine two different kinds of upgrade – ‘sharding’ and ‘proof-of-work’. I will explain. Explanation Etherium is a blockchain that allows anyone to write and run their own smart contracts upon it. These can be used…

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Bitcoin Mining’s Electricity Bill: Is It Worth It?

They say it takes money to make money; in order to make a profit off Bitcoin mining, you have to buy mining equipment and pay your electricity bill first. As more miners join the Bitcoin network, some individuals fear that the amount of electricity consumed by mining will have a negative impact on the environment….

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Bitcoin Network Energy Demand To Skyrocket By End Of Year

Bitcoin mining is potentially lucrative, but it’s also increasing the world’s energy consumption. This week, economist Alex de Vries published some eye-popping estimates. In a society concerned with energy conservation and the human toll on our environment, the energy consumption required to successfully mine bitcoin is a rising concern. On May 16, economist Alex de…

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How does Crypto and Blockchain work?

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This weekend's Bitcoin debate could be a classic

They may not have the fighting physiques to warrant a pay-per-view licence but the Bitcoin debate between hedge fund manager Erik Townsend and Adamant Research editor Tuur Demester is an intellectual battle worth paying for. Thanks to The Investing Podcast the face-off is scheduled for release this weekend in the latest episode.   In the Bitcoin…

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