2015 Was Do or Die for Bitcoin Miners But Promise Lies Ahead
2015 continued the trend: as the price of bitcoin fell and mining difficulty rose, miners were forced to sell both their bitcoin holdings and newly mined bitcoins to cover operating expenses and fuel growth. This increased downward pressure on the price of bitcoin, and gives us all a painful reminder of how this network is designed with respect to miners: bitcoin punishes the greedy and the weak. Just as in 2014, we saw attrition in mining operations (and among manufacturers) – the less favorable economic conditions meant many were unable to survive. The explosion of hashrate coming from....
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Swiscom has announced the five winners of its StartUp Challenge 2015. For this challenge. Swisscom and Venturelab have partnered up to search for startups in IT, telecommunications, big data, FinTech, e-commerce, smart mobility, e-health, media, and cleanteach who aim to “use their products or services to conquer the world. The five winners of this year’s competition will earn a spot in a business acceleration program in Silicon Valley, as well as getting an opportunity to enter into an investment or collaborative partnership with Swisscom. The Swisscom Startup Challenge began on May 3,....