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The End Of Bitcoin’s Cheap Energy Feast

China is cracking down on the power use by Bitcoin miners, meaning any cheap energy that was once available is now not there. The trouble comes when you consider that the entire electricity system is oversupplied, which has led the producers of wind and solar power to cease the generation of electricity. This has been a huge problem that has been plaguing the country for years. One third of wind generation and a quarter of solar energy in the North Western provinces of Xinjiang and Gansu was curtailed in the first half of 2017, and fossil fuel generated plants have...

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From the Las Vegas strip to blockchain code. SP8DE ICO is coming...

Seasons come and go, political parties swap places and now and again, a technological breakthrough changes how we see the world we live in. The world stands on the brink of a technological revolution that will fundamentally change the way we live, work, and relate to one another. The Fourth Industrial Revolution is building on the Third, the digital revolution that started in the middle of the last century and to a large degree is set to be characterized by decentralisation. The power of blockchain has already proved its worth in a number of industries and despite the initial scepticism,...

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From "BowieBonds" to CelebrityTokens

Securitisation and celebrity bonds are a novel idea. David Bowie was a pop music icon to many, but how many people know he was also involved in innovation in the world of finance? Back in the mid-1990s, David Bowie, along with his financial manager Bill Zysblat, and banker David Pullman came up with a new structure to generate cash from Bowie's extensive catalogue. The structure, dubbed "Bowie bonds", awarded investors a share in his future royalties for 10 years. Late last year, the start-up called Royalty Flow, filed an offering at the Securities and Exchange Commission (SEC), outlining plans for...

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5 Cryptocurrencies You Need To Take Notice Of

Some cryptocurrencies are definitely better known than others. Take Bitcoin for example. Even if you do not religiously follow virtual currencies, you have probably heard of Bitcoin. It was the original and arguably the most popular of the coins. However; it is not always the popular ones that fair the best. Here are just five other coins that we believe you should definitely be backing this year. 1) Litecoin This was created to be a faster version of Bitcoin, and is growing at an astronomical rate. Last year alone, the price of Litecoin increased by more than 7,000 percent, but...

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The First Bitcoin Transaction Happened Nearly Nine Years Ago

In less than a week, it is a historic day for Bitcoin. In 2009, Satoshi Nakamoto sent the first ever non-mined Bitcoin transaction over the network to Hal Finney. This was just the start of things to come, and ever since, this virtual currency has just grown and grown, evolving into a massive peer-to-peer system.  There was some speculation between the two people, and many believe that Hal Finney is in fact also Satoshi Nakamoto, although this has never been proven. Regardless of who they were though, the transaction still took place.  Bitcoins official birthday, is in fact today, the...

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