How many Bitcoin are lost forever? 4 Million ? What does this mean for the Bitcoin price?

According to a recent article in Fortune magazine, new research from Chainalysis, a digital forensics firm that studies the bitcoin blockchain, 3.79 million bitcoins are already gone for good based on a high estimate—and 2.78 million based on a low one.   Those numbers imply 17% to 23% of existing bitcoins are lost. The Chainalysis findings are significant because it is not speculative but they rely on a detailed empirical analysis of the blockchain, where all bitcoin transactions are recorded.   The inforgraphic shows a summary of the Bitcoin lost…

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Cudo Miner waives its mining fees in celebration of reaching 50,000 beta users

London, 25th June – Cudo Miner, the crypto mining platform, today announced that it is has reached over 50,000 beta users on its GUI mining platform. To celebrate hitting this milestone, Cudo Miner is introducing 0% mining fees for all miners, both new and existing, across its fully-featured and highly-automated mining software. As a thank you to its dedicated community, miners will be able to mine the cryptocurrency of their choice without fees, until Wednesday 31st July.   Cudo Miner has also launched a new coin voting system that gives…

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CudoOS brings smarter crypto mining to Russian GPU rig miners

London, Tuesday 14 May – Cudo Miner, the crypto mining software application, today released the latest version of its graphical user interface (GUI) miner in Russia, making it easier for Russian miners to earn consistent mining revenue with its fully-featured and highly-automated mining software.   CudoOS is a stand-alone operating system (OS) that includes all the software needed to run a GPU mining rig in a disk image. It is distributed in parallel with the Cudo Miner installer-based software, offering all of its features including built-in benchmarking, overclocking, and the…

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China plans to ban Bitcoin and Cryptocurrency Mining – Cudo Ventures comments

China’s Economic Planning Body Labels Bitcoin Mining an ‘Undesirable’ Industry   The Chinese Economic Planning Body has recently announced that it wants to eliminate Bitcoin mining in the country. A target date or plan for how to eliminate Bitcoin mining has not been set, meaning that such activities could be phased out immediately.     Matt Hawkins, CEO at Cudo Miner, comments on what effect China’s planned ban on cryptocurrency mining will have on the Bitcoin network and cryptocurrencies in general.   Matt Hawkins, CEO, Cudo Miner says: We have…

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CudoOS launches, bringing smarter crypto mining to rig operators

London, Tuesday 26th March – Cudo Miner, the crypto mining software application, today released the latest version of its graphical user interface (GUI) miner as a stand-alone operating system (OS) that can be deployed or run directly from an external hard disk. The new CudoOS distribution provides miners with multiple GPU rigs to quickly set up or recover a problematic rig with a ready-to-use USB stick.   CudoOS is distributed in parallel with the Cudo Miner installer-based software, offering all of its features including built-in benchmarking, overclocking, and the option…

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BITCOIN NEWS TODAY VIDEO – This is HUGE! Fidelity Digital Assets Service Is Live despite Bear Market – Is Bakkt next?

The cryptocurrency bear market has not stopped Fidelity’s new institutional cryptocurrency products and new company from launching.  Fidelity Digital Assets was created by the investing giant, Fidelity, last year.     As reported by CNBC, “The collapse in cryptocurrency prices over the last year “haven’t had an impact” on getting up and running, Tom Jessop, head of Fidelity Digital Assets told CNBC at the DC Blockchain Summit. “If you started a crypto fund at the height of the market you’re probably hurting right now.”   Seems the timing is right for Fidelity…

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TECHNOLOGY – Quantum Computing explained in 10 minutes – Video

What is Quantum Computing?  This video will explain Quantum Computing in ten minutes.  A quantum computer isn’t just a more powerful version of the computers we use today, it’s something else which is based on emerging scientific understanding.   Watch this 10-minute video where TED Fellow Shohini Ghose explains how this technology holds the potential to transform medicine, create unbreakable encryption and even teleport information.             Please leave your questions and comments below:

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TECHNOLOGY VIDEO – A Beginners Guide to Quantum Computing

What is Quantum Computing?  Here is a Beginners Guide to Quantum Computing by Dr. Talia Gershon, a materials scientist by training, came to IBM Research in 2012. After 4.5 years of developing next-generation solar cell materials, Gershon was inspired to learn about quantum computing because it might enable all kinds of discoveries (including new materials).   Having authored the Beginner’s Guide to the QX, she passionately believes that anyone can get started learning quantum!               Please leave your questions and comments below:

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Crypto Miner Weekly – South Korea apprehends hackers who attacked more than 6000 mining rigs

  The Crypto Miner Weekly is dedicated to bringing you the latest developments in Crypto mining technology. Information that will guide you to the most effective methods and tools available to maximize the output of your crypto mining configuration and investment.   What’s Hot and What’s Not The cyber criminals that attacked the crypto mining operations of more than 6,000 mining rigs (PCs) have been apprehended. Six hackers, attempting to steal cryptocurrencies like Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) from unsuspecting crypto miners were arrested in South…

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Top Wall Street Adviser Embraces Bitcoin

A top wall street adviser, Ric Edelman has just thrown his weight behind Bitcoin, the video below explains.     Why is this big news for Bitcoin? Edelman is a respected financial adviser and his firm was voted the no 1 RIA firm in 2018 by Barron’s. At the moment the firm cannot purchase Bitcoin for clients because of SEC restrictions but Edelman believes than a Bitcoin ETF will eventually be approved and this will bring a flood of money into Bitcoin and also into the crypto market as a…

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