If you have been paying any attention at all to crypto, you will know that the Defi (Decentralized Finance) sector has been red hot. People trading DeFi tokens have made 1000% return on their investments in ONE DAY. Mind you, people have also lost 99.5% of their investment in one day as well. But let’s not focus on… Read More »
The Ethereum token Serum went up 1000% yesterday in its first day of trading: https://www.coingecko.com/en/coins/serumToday it’s up to $1.79, or 38%. That’s not the only token that’s popping. The tendies token is up more than 400% since being listed July 30th. https://www.coingecko.com/en/coins/tendiesBut you can’t buy these magical tokens at your friendly neighbourhood discount brokerage. Behold the new favourite… Read More »
On July 22nd I wrote an article saying Crypto is Going Nowhere Until This is Fixed. On that day, the price of bitcoin was $9375 and the price of Ethereum was $266. Today bitcoin is at $11,820 and Ethereum is at $397, an increase of 26% and 49%. I wish I were wrong more often. But seriously, two things… Read More »
Two numbers are holding back the entire industry: seven and 15. That is roughly maximum transactions per second that can be executed by the bitcoin and Ethereum network, respectively. Those numbers have not changed for years. In December of 2017, at the height of the cryptocurrency mania, the slow transaction times of bitcoin and Ethereum led to chaos.… Read More »
n the years from 2010 to 2019, there was no worst place to put your money then the small-cap mineral exploration sector. Below is a ten-year chart of the Toronto Stock Exchange (Venture), where most public mineral plays get their start: This is chart of empty values and broken hearts. But things have changed rather quickly in the… Read More »
With 64 megawatts of Bitcoin mining capacity and options for at least another 95 megawatts, Bitfarms (BITF-TSXv) is on its way to becoming one of the largest crypto-mining companies in the world. John Rim, CFO, took some time out to answer a few questions and to talk about the future of bitcoin and bitcoin mining. We also talked about: 1. How… Read More »
