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BITCOIN PRICE: 11,882.83     HIGH: 14,394.36     LOW: 11,191.59

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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Tag: block reward

As Ethereum ‘Ice Age’ Approaches Community Votes on Mining Reward Cut

Category: Blockchain, Ethereum, News

As Ethereum ‘Ice Age’ Approaches Community Votes on Mining Reward Cut

The Ethereum blockchain currently uses a Proof-of-Work consensus mechanism to verify transactions and to produce new ether coins. That means that ether miners require large amounts of computational power to process and verify transactions to receive new coins. Running a blockchain using a Proof-of-Work consensus mechanism, however, creates the problem of scalability as can currently be witnessed by the Bitcoin…

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The Fresh All-time High: Is this Just the Beginning?

Category: Bitcoin, Commentary, News, Tech

The Fresh All-time High: Is this Just the Beginning?

It is official; the bitcoin price hits a new all-time high. The media seems to be waking up, but it still does not feel like a bubble. Could it be that the bubble of the third reward era has not even begun? It was just a matter of time. In most currencies, bitcoin did already hit an all-time high in…

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