Bitcoin and Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 23 November, 2018

  Crypto News & Analysis Is cryptomining still a viable business? Can individuals create enough revenue to produce a profit from cryptomining? What does the future hold for cryptomining operations?       The new way to make money crypto mining in Sweden is by not paying the electric bill. It sounds funny but this may be the policy of one crypto mining operation that was based in Sweden, NGDC. NGDC’s crypto mining operations in a northern county of Sweden compiled an electric bill equal to an amount of $1.55…

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Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 16 November 2018

Crypto News & Analysis Bitmain’s co-founder Jihan Wu has been removed from the director’s chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu’s new role within the company. The source describes Mr. Wu’s demotion as follows:   After changing to a supervisor, there are no voting rights, so (Mr. Wu’s) power is smaller…

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