The week is still young, but new milestones have already been made: the total market cap for all digital currencies has increased by a staggering $10 Billion in one week, now standing at the all time high of $38.1 Billion. …Read more
Cryptocurrencies (Bitcoin/Altcoins) are continuing to gain widespread adoption; the Indian market has begun to blossom, and Genesis Mining has been there to sow the first seeds with the launch of BlockSpeak. Our goal was to create a conference where we could create awareness regarding cryptocurrencies, mining, and Blockchain technology in untapped markets and also provide the community a platform for networking and discussing investment opportunities.
It’s said by some that if Bitcoin is digital gold, then Litecoin is digital silver – a relatively less valuable cryptocurrency that’s easier to obtain, and easier to make transactions with. Created by an ex-Google engineer, Litecoin was made to supersede Bitcoin; it featured a higher market cap, a faster block generation time, a different hashing algorithm, and a modified GUI. The result was something that gave digital currency a much needed foothold in the door of the financial revolution.
Wow. What a year it’s been! 2016 was full of exciting news in the world of cryptocurrency: we’ve seen continued innovation amidst the blockchain; we’ve seen a steady growth of Bitcoin and increasing global acceptance of the currency; and of course, we’ve seen a growth of Genesis Mining in both our bitcoin farm hardware and customer base.