20th DECEMBER 2019 Mining Store is proud to announce its partnership with Mine Digital Exchange. Mine Digital is Australia’s newest crypto exchange which aims to be one of the leading crypto-fiat exchanges in the APAC region & is developing a variety of derivative markets for both retail & wholesale investors. ‘Mine Digital was formed with...Continue Reading

6th NOVEMBER 2019 KEISER ON GOLD BACKED CHINESE CRYPTO Kitco news had a Halloween special this week with the always animated Bitcoin bull, Max Keiser. Keiser’s biggest claim was that: “[China] is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you that the cryptocurrency that China’s rolling...Continue Reading

29th OCTOBER 2019 NI HAO BITCOIN & BLOCKCHAIN Coming straight out of China is the biggest news for the week … and possibly even the year. Xi Jinping, President of the People’s Republic of China and General Secretary of the Communist Party of China, spoke at the 18th collective study on Thursday in Beijing  (turn...Continue Reading

22nd OCTOBER 2019 FED PRINTING BITCOIN MARKETCAP EQUIVALENT When Bitcoin was sitting around $7.9K USD earlier this week, its market cap was sitting close to $140 billion. As reported by Bitcoinist, in just two days last week, the US Federal Reserve “…has continued its streak of quantitative easing, by pouring in funds to uphold the...Continue Reading

1st OCTOBER 2019 RESERVE BANK OF AUSTRALIA (RBA) CUTS INTEREST RATES TO HISTORIC LOW  The official interest rate has been cut yet again by the RBA to a new record low of 0.75%. The cut of 0.25% follows similar an earlier cut in July. RBA Governor Philip Lowe highlighted the following points in his post-meeting...Continue Reading

24th SEPTEMBER 2019 HASHING IT OUT On 18th September, Blockchain.com reported Bitcoin’s network hashrate hit a record-breaking high of 102 quintillion hashes for the first time ever. Canadian crypto researcher and well-known analyst Kevin Rooke commented that, “Difficulty is projected to grow 60% this quarter, and it was already at an all-time high when Q2...Continue Reading

18th SEPTEMBER 2019 THE ALLURE OF A DOLLAR COST AVERAGE I’ve talked about dollar cost average approaches to investment plans before – which refers to assigning a fixed investment at a fixed interval over a long period. For example, $100 a week, every week for two years. This approach can work particularly well for those...Continue Reading

A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak last week, don’t...Continue Reading

This paper was written to provide an entry level understanding of blockchain projects and cryptocurrency. Beginners to cryptocurrency may find it difficult to understand where a digital asset derives its value from. However, by understanding the key properties of digital assets including decentralisation and encryption, and making clear comparisons to the current centralised monetary system,...Continue Reading

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called...Continue Reading