Bitcoin Use Case: Zimbabwe

Category / Bitcoin Published on

Currency is a confusing subject, and wrapping your head around ideas like fiat money vs commodity money systems, currency trading, or inflation and deflation can take time. Part of the problem is that the ideas are abstract. But every now and then something happens that makes one of those ideas very tangible, and right now that is exactly what is happening in Zimbabwe.

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SURVEY RESULTS: Increasing the Blocksize

Category / Bitcoin / Cloudmining Industry / Polls & Research Published on

Last week we asked our miners to tell us what they think about increasing the blocksize. Miners are affected by this change as much or more than anyone else, and we have received a lot of feedback about this issue.

So we hosted a poll. In it we laid out the pros and cons of both alternatives – increasing the block size and not tampering with the blocksize. This is a summary of how we represented each point of view:

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