Your Daily Dose Of Cryptocurrency Articles And Top Trends
Global Blockchain (BLKCF) to Invest in Bitcoin Mining Equipment
Vancouver, British Columbia–(Newsfile Corp. – December 27, 2017) – GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (TSXV: BLOC) (FSE: BWSP) (OTC Pink: BLKCF) (“GBT” or the “Company”) is pleased to announce that the Company’s subsidiary, Global Blockchain Mining Corp., further to and pursuant to its declared strategy of investing in the blockchain mining space as one of the key prongs of its multi-faceted approach to the sector, has agreed to purchase 6,666 Antminer S9s from Bitmain Technologies Limited, a privately-owned multinational semiconductor company headquartered in Beijing, China, for a total purchase price of US$20,000,000. The estimated delivery of these units is March 2018.
How Cryptocurrency is Shaping the Job Market
Cryptocurrency has exploded in not only hype, but value over the course of the past year or so. While many are talking about the crypto world, only a few fully understand it. One of the biggest pluses with the crypto world is the increasing amount of jobs associated with the market. From startups in the industry to large established companies adding crypto capabilities, the amount of opportunity is increasing on a daily basis. According to a research report from the site Indeed, job postings mentioning anything to do with cryptocurrency have increased by over 600% since November of 2015.
What’s Going on With the Price of Bitcoin
The value of the world’s top cryptocurrency by market capitalization has been falling significantly over the past few days with a high amount of volatility and low amount of stability. The cryptocurrency has been attracting a large amount of attention in recent news for its price swings, but usually in the positive light. The currency hit as low as under $16,000 according to the industry site, Coinbase.
Russia May be Putting More Legislative Measures on Cryptocurrency
Russia has recently released plans to introduce several bills for consideration to the national legislature regarding cryptocurrency. A meeting happening towards the end of December may be a large determinant for the future of digital currency in the country. Several media sources within the country have cited comments from the lawmaker, Anatoly Aksakov. Aksakov is one of the chairs for the State Duma’s financial market committee, which puts legislation for several economic policies. The market committee may be the one to create the actual legislation for cryptocurrency and the exchange of such within the country. “I expect that the adoption of the draft law on [cryptocurrencies] will be in March…
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