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Old School Miners

Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years

Close to  Million in Bitcoin From 2011 Moved for the First Time in 10.5 YearsOn December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade. 1,040 Bitcoin from 2011 Move for the First Time in 10.5 Years On Wednesday, […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still ProfitableWhile bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8 […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown