Tag Archives: bitcoin

Is Blockchains a Buzzword?

Is blockchain just a buzzword, or can we expect real applications? If it is for real, where’s the opportunity? Xona’s thoughts on these questions are in the video below. Here, I give my own take on these questions. 

Power Consumption: Bitcoin Mining vs. Mobile Base Stations

One of the criticisms of blockchain technology center on power consumption and the cost of mining. The electricity consumed in mining operations is high and continues to grow as mining difficulty increases in response to increasing processing power. Some think that blockchains is wasteful technology that is not compliant with a 21st century outlook for a green economy.… Read More »

Blame it on the Internet!

Look at how well the price of Bitcoin correlates with its search trend. As Bitcoin raced to a record high nearing $20,000 earlier this month, so were the number of searches. We can see the same thing happening in 2013-2014 when a mini hype bubble developed focusing on narrow segments of people. Today’s hype bubble is more wide-spread and… Read More »