Digital currency mining

close video Are Bitcoin prices headed lower? ThinkMarkets chief analyst Naeem Aslam on his outlook for Bitcoin. Investors around the world have taken notice of Bitcoin’s rapid rise in price — as well as some dramatic falls —since it launched just a decade ago. Continue Reading Below Buying and selling cryptocurrencies can feel like doing commerce in a sort of digital wild west. There are fortunes to be made, but also scammers and thieves ready to take advantage of the unprepared. But as the world enters its second decade with crypto, traditional financial services and mainstream businesses have been examining how they can get in on it, and regulators have also taken note. As the market continues to evolve, here are five things to know about cryptocurrency: How it works Cryptocurrencies rely on a technology called blockchain, which is an open database of every transaction that verifies the security of transactions. For Bitcoin, each “block” … [Read more...] about Cryptocurrency: What to know about digital money

By David Streitfeld The New York Times Don Clark Mon., Feb. 4, 2019 SAN FRANCISCO—Don’t look now: Storm clouds are gathering over tech. Chinese consumers have pulled back their spending, blowing a $9 billion (U.S.) hole in Apple’s recent quarterly revenue. China was again a culprit when Nvidia warned last month that its revenue would come in 20 per cent below expectations, though the graphics chipmaker also blamed slack demand from bitcoin miners and cloud data centres. Intel, the big chipmaker, cited intensifying “trade and macro concerns” for financial results in January that did not meet expectations. And Samsung, another semiconductor powerhouse, said sales plunged 10 per cent in the fourth quarter because of weakening demand for its memory chips from data centres and smartphones. China, smartphones, bitcoin and cloud computing have been among the major drivers of the long tech boom, which in turn has powered the global economy … [Read more...] about Tech sector turns wary as ‘chip dip’ hurts sales

Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Behind Tech’s Shine, Some Warnings Signs Appear Supported by ByDavid Streitfeld and Don Clark Feb. 3, 2019 SAN FRANCISCO — Don’t look now: Storm clouds are gathering over tech. Chinese consumers have pulled back their spending, blowing a $9 billion hole in Apple’s recent quarterly revenue. China was again a culprit when Nvidia warned last month that its revenue would come in 20 percent below expectations, though the graphics chip maker also blamed slack demand from Bitcoin miners and cloud data centers. Intel, the big chip maker, cited intensifying “trade and macro concerns” for financial results in January that did not meet expectations. And Samsung, another semiconductor powerhouse, said sales plunged 10 percent in the fourth quarter because of weakening … [Read more...] about Behind Tech’s Shine, Some Warnings Signs Appear