All posts tagged with blockchain

(Natural News) New research published in the journal Joule warns that the energy consumption needed to mine and process Bitcoin could end up being far higher than anyone ever imagined before the year’s end. The latest estimates suggest that the Bitcoin network may end up sucking down half a percent of the world’s total energy […]

(Natural News) The plotline of the recently-aired season finale of the fifth season of Silicon Valley eerily came to life this past week when nearly $20 million worth of cryptocurrency was stolen from online exchanges. Crypto-mining thieves reportedly took over the digital currency platforms and proceeded to claw whatever they could from user accounts, capturing […]

(Natural News) Many people have fallen for the foolish notion that cryptocurrencies can serve as a great option for investing money. There are those who think the opposite, but cryptocurrency supporters are much more vocal. For this reason, one of the biggest names in the cryptocurrency community has spoken out against this view, saying in […]

(Natural News) People have touted bitcoin to be much more secure than most existing financial services. However, it’s not immune to hacks and other intrusions. A group of computer scientists has just shown how vulnerable Bitcoin can truly be, particularly when stored inside so-called hardware wallets that are meant to keep them safe in an […]

(Natural News) Is Bitcoin a truly anonymous digital currency developed for the sole purpose of giving people freedom from the central banks, or was it actually hatched by the “deep state” in order to secretly fund international missions by the CIA and MI5? A Russian cybersecurity expert is alleging the latter, according to slides obtained […]

(Natural News) Yet another country, India, has announced plans to try to squelch the growth of Bitcoin. As reported by Zero Hedge, the government of the seventh largest country in the world now admits that it wants to eliminate the cryptocurrency entirely, as it doesn’t see the digital currency as acceptable. In a recent announcement, […]

(Natural News) A major cryptocurrency exchange known as BitConnect has shut down its trading platform and reverted to just a storage wallet following recent crackdowns by state authorities for the alleged unauthorized sale of securities. In a recent blog post published to the company’s website, BitConnect also pointed to “bad press,” which it says eroded […]

(Natural News) Billionaire investor and all-around financial genius Warren Buffett has once again shared his thoughts on Bitcoin and other cryptocurrencies. To no one’s surprise, he still doesn’t care for them, not one bit. In a recent interview with CNBC, Buffett does his best to make it absolutely clear that he doesn’t see a good […]

(Natural News) As part of a new series of hilarious animations being released on Counterthink.com, today I’m releasing “Sh*tcoin and Buttcoin,” a hilarious two-minute animation that satirizes all the brain dead arguments of Bitcoin cultists who have convinced themselves that Bitcoin isn’t a speculative bubble. You can watch it now at Counterthink.com (or see the […]

(Natural News) The day-to-day usefulness of Bitcoin as a method of payment for everyday transactions is so limited that the North American Bitcoin Conference, which actively promotes the cryptocurrency, actually had to stop accepting it from attendees trying to make last-minute ticket purchases. The Keynote event, which is set to take place this week in […]