Daily Archives: December 6, 2013

Bitcoin future is Bullish says Wallstreet

Analysts at Bank of America’s Merrill Lynch wrote a 14 page reserach note to investment clients airing their view that “As a medium of exchange, Bitcoin has clear potential for growth”. (Refer article here) . It is also reported that BTC … Continue reading

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Bitcoin Mining is Power hungry

Bitcoin Mining is an activity where the computer tries to collect reported Bitcoin transactions during a period and bundle them into an electronic document that can be added to the current data base of transactions (i.e.The Block Chain). While adding … Continue reading

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