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Bitcoin Prices Are Affected by Several Factors Besides High Costs of Mining
20.12.2019
Bitcoin, one of the most popular cryptocurrencies, has always been in the news whether for the right reasons or the wrong ones. This is because Bitcoin has experienced unprecedented growth over the last decade and has drawn attention over various issues like security, anonymity, stability,...
Tradeshift Says It’s Slashed Cross-Border Transaction Costs Using Ethereum
18.12.2019
Supply chain fintech startup Tradeshift, which boasts two million firms on its platform, says it's slashed the cost of cross-border transactions between buyers and suppliers using the public ethereum blockchain
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe
3.12.2019
A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption
Energy Costs of Crypto Mining and Tips to Save
27.11.2019
Disclaimer: The text below is a sponsored article.
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Mining cryptocurrency is not cheap, it costs a lot of energy. So much that some people don’t even think it’s worth it. But if you have the means and can mine bitcoin or another cryptocurrency successfully, there are ways to cut down...
Bitcoin Cash Community Funds Eatbch Trip to Ghana
16.11.2019
This week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey to Uganda and Ghana has been fully funded which includes flight...
Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
15.11.2019
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...
Cash Runs Dry at ATMs as Protests Escalate in Chile
26.10.2019
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Germany’s Financial Crisis Invokes 5-Year Rent Freeze
24.10.2019
All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...
Smart Contract Blockchains Are Struggling to Scale
17.10.2019
Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with...
Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...
Paperform
26.9.2019
Buy or build is a classic debate in technology. Building things yourself might feel less expensive because there is no line item on your credit card bill, but has cost in the form of time. Buying things, believe it or not, is usually less expensive when it comes to technology that isn't your core...
The Rise of the Electric Scooter
12.9.2019
In an electric car, the (enormous) battery is a major part of the price. If electric car prices are decreasing, battery costs must be decreasing, because it's not like the cost of fabricating rubber, aluminum, and steel into car shapes can decline that much, right?
On an electric scooter, though
Vitalik Buterin: Increasing Transaction Costs Risk Limiting Ethereum Adoption
21.8.2019
Buterin said altering verification could lower fees by a factor of 100 per transaction, freeing space for organizations to build on the blockchain
$500K, 60 Lawyers: Filing Reveals Costs of Bitfinex’s Fight With NY Regulators
30.7.2019
Bitfinex has spent half a million dollars producing documents in its ongoing battle with the New York Attorney General's office, a new filing says
Costs of One Day Delivery Puts a Dent in Amazon’s Growth in Second Quarter
27.7.2019
Over the course of the last two decades, Amazon has created a new industry altogether and has become the biggest e-commerce company in the world. The primary reason why the company has grown at such a breakneck pace and has spread all over the world is due to its commitment to innovation....
Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion
4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
The Software We Pay For
5.12.2018
We did a Web Developer Economics series a few years ago, where we looked at the various costs of being a web developer:
Web Developer Economics: One-Off Software Costs
Web Developer Economics: Hardware Costs
Web Developer Economics: Monthly Service Costs
Web Developer Economics: The Wrapup
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