Category Archives: Bitcoin

Is Quantum Computing a Real Threat to Bitcoin?

Quantum Computing

Bitcoin miners use their computing powers to solve cryptographic puzzles which, in turn, build up the blockchain by adding blocks of transactions. This process is fundamental to how Bitcoin transactions are authorised in the absence of a central authority, although the energy consumption involved has raised concerns. Now a new threat to the blockchain is […]

A Guide to Understanding Bitcoin’s Whitepaper | Download Now

A Guide to Understanding Bitcoin's Whitepaper

It has been a tumultuous few years for Bitcoin. Users of the currency have had to face a series of challenges ranging from government crackdowns to incompetent brokers. Yet despite this the underlying principle of Bitcoin, namely, that currency needn’t be dependent on centralised governments, has remained intact. In truth the Bitcoin story does not […]

Bitcoin and Government Regulation Globally

Global Regulations Bitcoin

Satoshi Nakamoto, the unidentified author of the Bitcoin white paper, described the cryptocurrency as a, “peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.” Those “financial institutions” that Nakamoto wished to bypass when conducting online commerce referred not only […]

Bitcoin’s Sharp Rises and Falls

Bitcoin price fall

As usual, the roller coaster ride of Bitcoin (BTC) continues. Unlike a roller coaster the big dips aren’t nearly as exciting for those who own some bitcoin, especially if you’ve chosen to buy in the last few weeks. Let’s take a look at some of the causes of Bitcoin’s rise and fall in value over […]

Bitcoin’s Recent Price Reversal

Tech Analysis

Just why do parabolic moves often reverse so spectacularly? Parabolic market moves are those which reflect exponential increases in a price. They are obvious on a chart because, rather than being a straight line, they curve upwards with the angle of ascent increasing as more time passes. BTC has been in a parabolic move for […]

Bitcoin Mining and Power Consumption Paper | Download Now

BitcoinBro has published a paper discussing the accuracy and utility of the publicly available power consumption estimates for Bitcoin miners. Bitcoin miners are owners of highly customised computers which attempt to solve complex cryptographic puzzles. This process groups together Bitcoin transactions which become validated once the group of transactions is added to a public ledger. […]

Sold some Bitcoin? Don’t forget the taxman

Young couple managing finances, reviewing their bank accounts using laptop computer and calculator at modern kitchen. Woman and man doing paperwork together, paying taxes online on notebook pc

If you are one of the lucky few individuals to have bought Bitcoin or another digital asset six months ago, 12 months ago or (and, if so, congratulations) 5 or more years ago, you are, in all likelihood, sitting on some very large paper profits when the value of your holdings are calculated in fiat […]