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Author Topic: Crypto  (Read 839 times)

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Offline Andrea88Topic starter

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Crypto
« on: August 10, 2020, 11:24:08 AM »
Why it matters to you The future of cryptocurrency is the future of banking, and Bitcoin prices and the interest in the burgeoning market are on a rocketing path upwards.

Bitcoins do have problems, but not the money laundering sort that would (and did) trouble most traditional retail markets. The biggest problem is miners don’t share enough of their currency to support growth, so they all earn the same and haven’t kept prices up like Ethereum’s mining bonuses have.

Some miners have found a way around this: a so-called bitcoin “laundromat.” When a mining unit is bought and moved, new miners can flood the market with new bitcoins and bring prices down.

However, as the growing clout of cryptocurrency increases, some think that number of miners will disappear altogether, leaving a legacy (literally) of deposits in coffins.
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