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.
You may have heard a few unfamiliar terms in the news recently – things involving silverware and the word unlimited. The community seems to be split on an issue, and the who’s who of the cryptocurrency world are twitterpated over the entire ordeal. But, what exactly is causing a divide in the world of Bitcoin? Well, it all starts with a little thing called a block – see, they’re filling up, and fast.
The latest news in the Bitcoin space is one that has been in the making for four years: the Winklevoss’ twins Bitcoin ETF will soon be accepted, or rejected, by the Securities and Exchange Commission (the SEC). This decision will leave ripples in Bitcoin’s history, and it’s the first step to legitimizing Bitcoin’s acceptance with the general public.
Like most Bitcoin fans out there, I talk about Bitcoin a lot. From the person sitting next to me on the plane to the waiter serving my table drinks, every chance I get I end up talking about Bitcoin. This isn’t something I intentionally force on people, it’s something that just naturally ends up fitting into so many different conversations and every time a Bitcoin conversation starts, I eventually am asked the same question:
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.