The phenomenal recovery of the mining hash rate for BTC goes to show how resilient the network and its community are to world events.
Category: Internet
Crypto Market Is Still In The Early Stages, Says Ric Edelman
Famed finance author Ric Edelman has said that crypto is still in the very early stages, comparing it to the internet right before the big boom. The crypto market which is a little over a decade old has grown exponentially in its short time in existenc…
Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has […]
Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
Measures imposed by authorities to quell mass protests in mining hotspot Kazakhstan are affecting cryptocurrency markets and the Bitcoin network hashrate. To deal with the civil unrest caused by rising fuel prices and a worsening economy, the government restricted access to the internet and closed down local banks. Fears are rising that the turmoil may […]
Can Bitcoin Survive An Apocalypse?
Could Bitcoin stick it out like a roach, or would a worldwide collapse lead to the inevitable demise of Bitcoin?
Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list of unicorns. This week an interview with Wu was […]
Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse
Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates, and wondered what the future will bring. Musk […]
Dogecoin and Ether rank in top 10 news searches on Google in 2021
Dogecoin was the fourth most popular news on Google in 2021 both globally and in the United States.
Bitcoin And The Internet Are Bringing The End Of Nation States
Like the printing press before them, the internet and Bitcoin’s blockchain innovation are irrevocable forces driving the end of nation-state power.
Crypto will generate more wealth than the internet, says Morgan Creek Capital CEO
Hedge fund manager Mark Yusko believes cryptocurrencies will generate ‘untold wealth’ by powering the internet of value.