Tag Archives: Fuel

Two US Firms Use Fuel Derived From Old Tires to Mine Ethereum – The Merkle

Mining cryptocurrency has always been an interesting endeavor. Unfortunately, it requires a lot of things to work in one’s favor. Without access to cheap electricity or energy, the mining process can become pretty expensive and unprofitable for most. In the United States, Standard American Mining and PRTI are doing things very differently. Using excess tires and burning […]

Bitcoin rocket fuel: Supercharging JSE returns with a 5% crypto strategy

JOHANNESBURG — Over the last five years, the growth in cryptocurrencies like Bitcoin have basically taken on fairy-tale like proportions. In October 2012, one unit of Bitcoin cost just over $10. Today, the price is over $5000. Anybody who had several Bitcoins and hung onto them during this period will have big grins on their […]

By concealing identities, cryptocurrencies fuel cybercrime

By concealing identities, cryptocurrencies fuel cybercrime  Salon Spotlight: Cryptocurrency under increasing scrutiny as investment risk hikes  Xinhua Germany’s Biggest Bitcoin Marketplace to Integrate Ethereum Trading  CryptoCoinsNews Full coverage Article Source

Bitcoin Can Fuel Your Retirement

Bitcoin’s valuation is soaring – up 322% since the start of the year – but plenty of critics are throwing shade at the dazzling cryptocurrency. Most prominently, JPMorgan Chase (JPM) CEO Jamie Dimon earlier this month called the digital currency a “fraud” and described it as “worse than tulip bulbs.” Unsatisfied with his sick burns, […]

By concealing identities, cryptocurrencies fuel cybercrime

When hackers hold their victims’ data for ransom, as happened in the WannaCry and NotPetya ransomware attacks that spread across the globe in mid-2017, a key to the criminals’ success is getting away with the money. That often means they use cryptocurrencies like bitcoin to collect payment, hoping to remain hidden behind a digital mask. […]

Creator of World’s First Bitcoin Fuel Pump Plans Lightning Support

The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design. The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional means of payment. Schroder now wants to adapt his design to incorporate the […]

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