Sentences with phrase «fraction of bitcoin which»

(Satoshi — Crypto slang — for the smallest fraction of Bitcoin which is currently at 0.00000001 BTC, that is, a hundredth of a millionth BTC)

Not exact matches

«This breach represents a small fraction of Bitstamp's total bitcoin reserves, the overwhelming majority of which are are held in secure offline cold storage systems.

So, if the Bitcoin price keeps increasing by thousands of dollars (which it has been over the past few months) it's still possible to buy or use small fractions of Bitcoin.

Fractions of a Bitcoin smaller than 0.00000001 (such hundred - millionth of a Bitcoin being known as a «Satoshi») which are included in the Creation Basket Deposit amount are disregarded in the foregoing calculation.

At present values, the ether market is capitalized at nearly $ 44 billion, which is only a fraction of bitcoin's $ 260 billion value.

For starters, mining an LTC block takes only 2.5 millions, which is a fraction of bitcoin's 10 - minute timeframe.

So, if the Bitcoin price keeps increasing by thousands of dollars (which it has been over the past few months) it's still possible to buy or use small fractions of Bitcoin.

In fact, «whole» Bitcoins are no longer generated by a single user all at once, they're rewarded with fractions of Bitcoins (which are still quite valuable).

I agreed to convert my fraction of Bitcoin (0.389 BTC) into Ethereum, and the next day I saw a sum of 12.21 Ethereum on my online account, the price of which was then 426 euros.

Despite the increasingly polarized community stance on SegWit2x, the new chain's futures have so far managed to avoid the fate of fellow fork Bitcoin Gold, which immediately sank to a fraction of its initial value.

Retailer Overstock experienced a glitch in their system that allowed customers to pay for goods using Bitcoin Cash rather than Bitcoin, which is valued at a fraction of what Bitcoin is.

The average fee for a Jumblr transaction is 0.3 %, which is only a fraction of what a Bitcoin mixer usually charges.

The t0 platform is built utilizing colored coin technology, which allows for fractions of bitcoin to be used to track ownership of many assets besides bitcoin.

As a result, Lightning Network can process over a thousand BTC transactions per second, which is a tiny fraction of Visa's 56,000 per second, but a dramatic improvement over bitcoin's five per second.

Devices running version 5.0 or newer of the operating system can now send Lightning payments, which should notionally cost a fraction of regular Bitcoin network fees and confirm almost instantly.

That's a fraction of the more popular cryptocurrencies, like ethereum with a market cap of over $ 119 billion, or bitcoin, which has a total circulation value of almost $ 200 billion at present.

But, even then, trading volumes OTC markets in China only account for tens of millions of dollars worth of Bitcoin trades on a weekly basis, which is a small fraction of global Bitcoin trading volume in contrast to leading exchanges such as Bithumb which process hundreds of millions of dollars in trades on a daily basis.