Hard Drive and SSD Shortages – Chia the New Cryptocurrency

Hard Drive and SSD Shortages – Chia the New Cryptocurrency

Cryptocurrency Chia starts trading on Monday, May 3 and there is already a shortage of hard drives and SSDs. Miners in China are frantically snatching up every hard drive and SSD they can find since Chia mining uses more hard drive space then Bitcoin. Unlike other cryptocurrencies, you don’t mine Chia with a processor, graphics…

Coins to Watch: Forget about DogeCoin, SafeMoon could be the next big Meme

Coins to Watch: Forget about DogeCoin, SafeMoon could be the next big Meme

Coins to Watch: Forget about DogeCoin, SafeMoon could be the next big Meme Launched in March 2021, SafeMoon is a new cryptocurrency that uses the Binance Smart Chain to secure it’s network. Similar to Ethereum, SafeMoon is a DeFi token that provides decentralized services like smart contracts. Through this process, the Decentralized Finance ecosystem plans…

What are NFTs

What are NFTs

NFT stands for non-fungible token. In economics, a fungible asset is something with units that can be readily interchanged – like money. With money, you can swap a £10 note for two £5 notes and it will have the same value. However, if something is non-fungible, this is impossible – it means it has unique…

London IPO of new crypto company by Co-founder of Argo Blockchain

London IPO of new crypto company by Co-founder of Argo Blockchain

A co-founder of Bitcoin mining company Argo Blockchain is set to launch the initial public offering of a new crypto company that will focus on decentralised finance. Dispersion Holdings will invest in the decentralised finance sector which uses cryptocurrencies and blockchain technology to remove intermediaries from financial transactions. The company is set to announce its…

China calls bitcoin investment alternative

China calls bitcoin investment alternative

 Are the U.S. and China’s views on bitcoin starting to diverge? China’s central bank is now calling bitcoin an “investment alternative.” This comes just a few days after the Federal Reserve maintained the view that cryptocurrencies are “vehicles for speculation.” This marks a significant shift in view for China, which cracked down on crypto trading…