Rundowns | miningstore.com.au

October 15, 2019miningstoreBitcoin, Market News, Weekly Rundown0

Vitalik & Sec MiningStore’s Weekly Rundown #15

VITALIK STRIVING FOR MOST SECURE CHAIN This week, Vitalik Buterin,Ethereum co-founder, made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the Ethereum proof of work (PoW) model to a PoS model has been a long time coming and is also a massive talking point in the industry in...

October 8, 2019miningstoreWeekly Rundown0

Paypal MiningStore’s Weekly Rundown #14

BITCOIN OUTPERFORMS … EVERYTHING The proof is in the numbers. Bitcoin is currently 2019’s best performing asset, even after the recent pullback to $8.2K USD from the high just shy of $13K USD achieved in June. Goldman Sachs deems Bitcoin “the best performing asset class of the year-to-date …(where)… prices have more than doubled in 2019, far outpacing the 31 percent return for the U.S. tech stocks.” Key numbers from MarketWatch to date: Gold 17% S&P 500 21%...

October 1, 2019miningstoreAltcoin news, Market News, News, Weekly Rundown0

Block.One & RBA MiningStore’s Weekly Rundown #13

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 statement: The decision was made to ‘support employment and income growth and to provide greater confidence that inflation will be consistent with the medium-term target. The...

September 24, 2019miningstoreAltcoin news, Bitcoin, News, Weekly Rundown0

Hashing & Bitcoin MiningStore’s Weekly Rundown #12

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 ended”. This increase is a positive sign for the overall security of the blockchain and bodes well for the upcoming Bitcoin halving event next May. If...

September 18, 2019miningstoreBitcoin, Education, Market News, News, Weekly Rundown0

Dollar Cost Average & Crypto MiningStore Weekly Rundown #11

18th SEPTEMBER 2019 DOLLAR COST AVERAGE-The Allure 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 who either don’t want to be a full-time trader or simply don’t want the stress of playing the highs and lows. I recently came across this...

September 3, 2019miningstoreWeekly Rundown0

Crypto Bull Market Weekly Rundown #10 [SPECIAL EDITION]

Crypto Bull Market-ARE YOU READY TO RUN WITH THE BULLS? The crypto bull market has been pretty light on the news this week which gives us a chance to reflect on the last bull run in 2017. Make sure you take time to consider your personal goals and profit points for the next run and try not to get distracted by the hype and run up that is inevitably stampeding forth. Using the daily candles from 2017, you...

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