Sentences with phrase «thrown at bitcoin»

«I do hope that things stop getting thrown at bitcoin, but as most teens know, life comes fast and hard from all directions during the early years,» analysts say.

A common criticism often thrown at Bitcoin is its heavy use of computing power, which in turn requires a large amount of energy.

Not exact matches

At a bitcoin breakfast event in Manhattan in April, a group of them traded complaints («They ended up with a pound of soup where they threw in all the different bank rules and AML [anti-money laundering] rules... they ended up with something very salty,» said Tim Byun of BitPay) and hyperbolic predictions (if BitLicense is too stringent, New York City will «lose the next Wall Street» to Silicon Valley, Estonia, or North Carolina, said Fred Wilson of Union Square Ventures).

The more computing power miners throw at the system, the better their chances of being rewarded with Bitcoin.

If you choose to throw your money into Bitcoin in spite of this advice, just know you're doing so at your peril.

Maximizing profit in bitcoin mining is all about how much hardware someone can throw at trying to solve the next block.

It's a competitive process, with one miner receiving the award, currently 12.5 bitcoins, roughly every 10 minutes, so there's a strong incentive to throw as much processor power — and thereby electricity — at the mining effort.

The bitcoin system is designed to produce 1 bitcoin in roughly 6 hours regardless of how many computers are thrown at it.

People worry about whether the Chinese government will ban mining, thereby eliminating Bitcoin from China at its source and throwing the ecosystem into disarray.

In a recent speech, Premier Philippe Couillard, really threw cold water at Bitcoin miners, saying:

Having seen bitcoin tokens explode from less than $ 0.01 to $ 10,000 per token in under eight years had speculators throwing darts at dozens of virtual currencies in 2017, grasping for straws at what might be «the next bitcoin.»

Yet at almost exactly the same time, another power bloc emerged in the form of a consortium of miners and exchanges who declared that they would not back any proposal resulting in a hard fork of the network, throwing doubts over the viability of getting Bitcoin Classic off the ground.

If you look at the predictions being thrown left, right and center — who knows what 2018 will do for the bitcoin price?

Do not fall into the ICO hype and throw your Bitcoin or Ethereum at every ICO you come across.

After explaining the basic premises behind both Bitcoin and blockchain technology, Oliver takes the time to caution viewers against blindly throwing money at the markets with the expectation of high returns.

Circle's Dan Matuszewski, whiles speaking during a panel at a Consensus Invest event in New York organized by a major company in the bitcoin world, explained that the startup, which operates a trading desk and also unveiled a new investment - oriented app scheduled for release next year, was thrown off by the demand surrounding the bitcoin cash, after it went live in August.

Roger spent the rest of his talk throwing dirt at small - blockers (the people behind the original Bitcoin chain which kept the block limit small), but didn't give concrete arguments — something that bothered Vitalik, him being technical and highly mathematical.

Maximizing profit in bitcoin mining is all about how much hardware someone can throw at trying to solve the next block.

He's thrown out pretty big numbers for Bitcoin at different stages of its existence.