Chinese Crypto Miner Predicts That Bitcoin Could Reach $740K

Chinese Crypto Miner Predicts That Bitcoin Could Reach $740K

Bitcoin, News, Tech
A founder of Chinese mining pool Poolin predicted that the price of Bitcoin could reach nearly $740,000. Zhu Fa, co-founder of Poolin, a Chinese-based crypto mining pool, predicted that the Bitcoin (BTC) price could hit 5 million Chinese yuan ($738,000 (USD), crypto news outlet 8BTC reported on Feb.11.While Zhu noted that “it now feels more like a bear market,” he reportedly predicted that in the next bull run, prices will be 10–20 times higher than previous ones. Zhu also noted that massive prices spikes like the one that resulted in the $20,000 per BTC high in 2017, will not always exist, adding that the next bull run could be the last.  Predictions from experts in various aspects of the crypto space have ranged from bullish to extremely bearish. During a…
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Ethereum’s (ETH) Next Hardfork is Coming at the End of February

Ethereum’s (ETH) Next Hardfork is Coming at the End of February

Ethereum, News
The much anticipated Constantinople hardfork of Ethereum was initially planned for the middle of January, however a serious bug was discovered shortly before the time of the fork, so it was postponed. The new date for for Ethereum’s latest network hardfork system upgrade is around 27-28 February (end of the month) or more specifically at block number 7,280,000 (200,000 blocks later than the originally planed block). The hardfork will be in two parts, the first one will include all five EIPs (Ethereum Improvement Proposals) including the problematic EIP 1283, that was the reason to postpone the fork initially, and the second part will be used to remove the problematic EIP 1283. So after the Constantinople and Petersburg hardfork (the two parts we are talking about) the Ethereum network will have…
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Bloomberg: Investors, Miners, Turn to Derivatives to Survive Crypto Winter

Bloomberg: Investors, Miners, Turn to Derivatives to Survive Crypto Winter

News, Tech
Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn. Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn, a Bloomberg piece argues on Feb. 13.The article presents the increasing popularity of complex trading instruments as a means of pocketing cash short term as being symptomatic of just how difficult it has become to weather this bear market — the longest in industry history.Sam Bankman-Fried, CEO of Alameda Research, a quantitative trading firm for digital assets in San Francisco, told Bloomberg:“Anyone sitting on a stockpile of tokens saw in the bear market of 2018 that their business is at the mercy of crypto prices. It can be crucial for…
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How to Mine Grin Cuckatoo31+ on Windows 7 / 10

How to Mine Grin Cuckatoo31+ on Windows 7 / 10

Guides and Tutorials
Two of the biggest miner software for Grin, Bminer and Gminer, received an update few days ago. In this tutorial, we will walk through how to mine with Gminer and what benchmarks (as well as bugs) to expect. (Check this article if you wanna know more about Grin and why it might be a good idea to mine it) First, let me clarify something to avoid confusion. Grin can be mined by using few different algorithms. Cuckaroo29 is the official GPU-friendly ASIC-resistant algorithm and it will become less relevant as times goes by until be completely replaced by an ASIC-friendly algorithm in about 2 years from now. Cuckatoo31+ is the ASIC-friendly algorithm that will be relevant for few more months until being replaced by Cuckatoo32 (which is ASIC-friendly too). Both…
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Initial Coin Offerings (ICOs) Guide by the US Securities and Exchange Commission (SEC)

Initial Coin Offerings (ICOs) Guide by the US Securities and Exchange Commission (SEC)

News
The US Securities and Exchange Commission (SEC) has released official guide regarding crypto Initial Coin Offerings (ICOs) in order to help both investors and professionals interested in participating or starting such a project. Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment opportunities. While these digital assets and the technology behind them may present a new and efficient means for carrying out financial transactions, they also bring increased risk of fraud and manipulation because the markets for these assets are less regulated than traditional capital markets. – To chck out the ICOs guide by the US Securities and Exchange Commission (SEC)…
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TradingView With Special Big Discount for Crypto Traders

TradingView With Special Big Discount for Crypto Traders

News
TradingView has a special offer for crypto traders – you can now get their full-fledged Premium plan priced at 0.09 BTC and that is -53% discount off the regular price of the premium service access for traders compared to paying the fee with USD. The special deal is for Bitcoin payments only for a premium plan for 1 year, giving you all f the extras available at the platform for professional traders. TradingView has all charting tools you need to share and view trading ideas. Real-time data and browser-based charts let you do your research from anywhere, with 25 crypto exchanges supported and a huge number of crypto trading pairs data available to you. Get your crypto trading to the next level, just start charting, learning and sharing trading ideas…
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New lolMiner 0.7 alpha5 AMD GPU Miner With NiceHash BEAM Support

New lolMiner 0.7 alpha5 AMD GPU Miner With NiceHash BEAM Support

News, Tech
The latest update of the AMD GPU miner lolMiner 0.7 alpha5 brings support for BEAM (Equihash 150,5 algorithm) on NiceHash giving access to AMD miners to sell their hashrate on the platform. In the last day the most profitable hashrate selling was for BEAM on NiceHash, but unfortunately not for AMD… it was for Nvidia miners with higher-end GPUs. Nevertheless, AMD miners now have access to sell their Equihash 150,5 hashrate as well on NiceHash with the lolMiner 0.7 alpha5, just make sure you set TLS to off for use with NiceHash (--tls 0 in cmd or "TLS" : 0 in config file to turn if off for BEAM). We remind you that lolMiner is a closed source AMD GPU miner available for Windows and Linux as pre-compiled binaries only…
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