Bitcoin is a bubble, but the technology behind it could transform the world – Will Hutton: Humanity’s earliest, truly transformative general purpose technologies were the ability to cross-fertilise plants and cross-breed animals. Suddenly, it made more sense to farm than to hunt and gather. The surge in agricultural output meant humans could do other things … Read more
The World’s First Bitcoin Lottery is Offering a 1,000 BTC Bounty: Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best-known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the … Read more
No, bitcoin isn’t likely to consume all the world’s electricity in 2020: Here are a few things you might not know about bitcoin, the cryptocurrency that has captivated the financial world after skyrocketing about 2,000 percent in a year to more than $19,000 per coin at one point. The computer process that generates each coin … Read more
BITCOIN prices may be surging – but experts have claimed the cryptocurrency could lead to the end of the world. The high-value cyber-currency, which is currently valued at more than £15,000 ($20,000) per unit, has become ever more popular as it ascends from the cash choice of cyber-experts to a tradable asset for the general … Read more