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Archived IT - Bitcoin Articles
11 Aug 2017
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Nvidia CEO: Cryptocurrencies Are 'Here to Stay' [65470]
CoinDesk, August 11th, 2017

"Nvidia is riding high on the boom in cryptocurrency mining, according to the graphics card (GPU) manufacturer.

Revealed yesterday, the California-based company's second-quarter earnings were up 56 percent year over year, with its GPU division taking in $1.9 billion during the second quarter - a rise of 59 percent compared to the same period in 2016.

Nvidia CEO Jen-Hsun Huang struck a bullish tone about the prospects for selling to would-be miners, telling VentureBeat:..."
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11 Aug 2017
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The Bitcoin Price Just Inched Up to Set Another All-Time High [65471]
CoinDesk, August 11th, 2017

"The average price of bitcoin across global exchanges today reached $3,550 on the CoinDesk Bitcoin Price Index, setting yet another new all-time high.

The uptick coincides with a palpable improvement in public sentiment about the world's first cryptographic asset, with bitcoin recently receiving positive mentions from leading asset managers and gaining increasing exposure in western media..."
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03 Aug 2017
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Pros And Cons Of Accepting Bitcoin As A Payment Method [65373]
Business 2 Community, August 3th, 2017

"As an e-commerce store owner, you want to provide users with as many payment options as possible, but you don't want to increase your own risk for fraudulent payments. Increased options for your customers mean increased conversions and sales. Bitcoins hasn't hit mainstream just yet, but several large organizations, including Amazon, have discussed offering it as a payment option. Large organizations have the budget to maintain risk, but small businesses must limit as much of it as possible. If you're considering bitcoin for your customers, here are some pros and cons..."
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01 Aug 2017
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Beyond Bitcoin: How Blockchains Could Revolutionize Business [65338]
TechRepublic, August 1st, 2017

"Blockchains don't only underpin novel digital currencies that threaten to change the face of finance, they could also transform how businesses operate.

The technology has many potential applications that go beyond supporting cryptocurrencies like bitcoin, says the analyst in charge of the European Union-backed Blockchain4EU project.

Blockchain4EU will spend this year mapping the myriad ways that firms could use blockchains and other Distributed Ledger Technology (DLT) to improve how they operate..."
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17 Jul 2017
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Bitcoin Dispute: Will Digital Currency Implode? [64996]
CIO Today, July 17th 2017

"Got some bitcoin? An internal dispute over the digital currency could soon mean financial losses, whipsawing prices and delays in processing payments.

It's also possible that nothing much changes. It all depends on whether the people who maintain bitcoin can agree by July 31 to implement a major software upgrade -- one designed to improve capacity on the increasingly clogged network..."
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05 Jul 2017
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Report: Cryptocurrency Market Has More Than Tripled Since 2016 [64768]
Government Technology, July 5th 2017

"Plus, a robotic falcon patrols Canada's Edmonton Airport to keep live birds safe, and a 'traffic light for the workplace' to help increase employee productivity...

A report by the Cambridge Centre for Alternative Finance gathered data from 144 companies and individuals in 38 countries, and determined that the cryptocurrency market has more than tripled since early 2016, reaching $25 billion in March. Bitcoin remains the most popular platform, but other large players are Ethereum, Dash, Monero, Ripple and Litecoin..."
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