Monthly Archive: September 2016

How Digital Technology Will Bring the End of Traditional Banks 0

How Digital Technology Will Bring the End of Traditional Banks

  Digital technology has introduced a new era of innovation that will change consumers’ relationships with banks. What many people both inside and outside the banking industry do not realize is that these changes could, in fact, bring the end of banks as they have existed for centuries. Alex Lipton,...

Once bitcoin reaches 21,000,000 and there is no more to mine, will there still be miners out there for transactions? 0

Once bitcoin reaches 21,000,000 and there is no more to mine, will there still be miners out there for transactions?

Transaction fees are going to become important a lot sooner than 100 years. They are probably going to be important after the next halving, at the longest range they are going to be important two halvings from now, which is about 8 years away. Transaction fees are currently about 0.3btc...

Bitcoin Mining Difficulty Increases for the Fourth Time Since Halving 0

Bitcoin Mining Difficulty Increases for the Fourth Time Since Halving

The Bitcoin mining difficulty has increased once again. A 2.3 percent increase from the previous existing difficulty levels was reported on September 12, 2016, making it the fourth raise (fifth correction) since the Bitcoin mining rewards halving in early July 2016 At present, the difficulty level stands at 225,832,872,179 compared...