Coinshares: Bitcoin mining has positive effects on economy

2020-06-09T23:41:55+03:002 December 2018|Tags: , , , |

Coinshares, the cryptocurrencies management investment vehicle, has released a 19-page research paper titled “The Bitcoin Mining Network—Trends, Marginal Creation Cost, Electricity Consumption & Sources.” This report became a fresh version of Coinshares bi-annual mining paper appeared in May 2018. The report states that there is “no more than 60% of miners currently remain within Chinese [...]

Chinese PBOC continues attacking blockchain and crypto

2018-11-12T01:38:19+03:0012 November 2018|Tags: , |

In recent days there are two reports prepared in the background of China’s central bank, the People’s Bank of China (PBoC), have been released. One of them was developed by Xu Zhong, director of the Research Bureau of the PBoC. This paper states that “There are few blockchain projects that really land and produce social [...]

China delivers sixth cryptocurrencies report

2020-06-09T22:36:52+03:002 November 2018|Tags: , , , |

China’s Center for Information and Industry Development (CCID) has released new, sixth, report comprising 33 distinguished cryptocurrencies. EOS and Ethereum hold 1st and 2-d spots (since June they have the same positions), Bitcoin has reserved 19th place coming down from 16th place. Bitcoin Cash enjoys 28th spot coming up from 31 place. Bitshares, Nebulas and [...]