I have been accumulating B2BX tokens for the last week, purchasing small batches on oversea exchanges such as: Livecoin, Tidex, Coinexchange, Yobits, and Mercatox. Over the last year, I have looked at MANY initial coin offerings (ICOs) and participated in about six of them. Most ICOs are not worth the time it takes to read the white paper (prospectus). I first bought B2BX… Read More »
Yesterday Bitcoin dropped almost ten percent in less than 30 minutes of trading on news of heavy selling out of Japan ($400 million USD so far). Bitmex.com According to a report from Bloomberg, Nobuaki Kobayashi has sold about $400 million USD worth of Bitcoin and Bitcoin Cash since late September. But he is not done yet. He has another $1.9… Read More »
I have been accumulating OmiseGO coins all last week and completed my last trade yesterday for about $17.50 USD per token. The OmiseGO coin is one of the lesser-known coins in North America, as the project team is based in Asia. It ranks #22 worldwide in terms of market cap at $1.79 billion USD: Before I tell you what OmiseGO… Read More »
HIVE Blockchain Inc. (HIVE-TSXv) was very smart to go out and raise CAD$151 million from the capital markets in 2017 when cryptocurrency was in full mania. As they released their first REAL quarterly on March 1—with real revenue, almost $100 million cash on the balance sheet and fast rising revenues on the immediate horizon as they deploy that… Read More »
The bedrock of cryptocurrency is proof-of-work (POW) mining. Simply defined, a mining rig (computer server) competes with other rigs in the network to solve a mathematical puzzle. Solve the puzzle, process the transactions, and get a coin. Because there was “work” involved in processing the transactions, there is “proof” that the transactions are correct, hence the term “proof-of-work.”… Read More »
Part one of this series is here. Want to invest in a Bitcoin public mining company? You only need to ask one question of the CEO: When are you going to reach 100-megawatt (MW) capacity? And the answer you are looking for is late 2018 or early 2019. Right now, there are many pretenders in the marketplace but this… Read More »
