Facebook is banning all ads which promote Cryptocurrency. The firm says this prohibition its to protect users from bad actors until Facebook can reliably distinguish between ads which are done in good faith and fraudulent ones.
Stripe, the popular payment processing company, stated that they will be discontinuing Bitcoin support on April 23rd, 2018. This is following some insanely high fees and long processing times, making it unreasonable to use bitcoin as a "currency".
Nvidia has responded to GPU shortage concerns by saying that "gamers come first". The shortage is primarily being driven by cryptocurrency miners, who need intensive GPU power to mine the cryptocurrencies of their choice.
Bitcoin isn’t exactly great for the environment. The network which it runs on requires a lot of energy for transactions. For example, one Bitcoin transaction takes as much energy as 10 households use in one week.
An ingenuitive solution to mining cryptocurrency more efficiently has recently emerged, due to pressure on cryptocurrency miners with regards to the amount of energy crytocurrency mining consumes. The way forward is burning old tires. Read more here.
Bitcoin no longer an accepted form of payment for Steam purchases. Cryptocurrency is a form of currency that is digital, as opposed to the physical currencies that most of us are accustomed to. Cryptocurrency such as Bitcoin, operates independently of a central bank, making it virtually impossible for governments to restrict or control. This makes Bitcoin a particularly attractive...
Bitcoin was expected to have an additional fork added to the blockchain by the end of the month, but on Wednesday it was announced the cryptocurrency's third blockchain fork of the year, SegWit2x, has been postponed indefinitely.
Bitcoin's value is currently just under $7,000, and all over the globe, people are bringing computers online to mine coinage, but the cryptocurrency's popularity is releasing massive amounts of pollution at an alarming rate.