Bitcoin Forum
August 25, 2019, 05:56:45 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-10-24]Bitcoin price surges past $650 on back of Chinese mining conference  (Read 214 times)
geniusboy91
Full Member
***
Offline Offline

Activity: 150
Merit: 100



View Profile
October 24, 2016, 04:04:11 PM
 #1

The price of Bitcoin has risen 4% in the past 24 hours to over $650, led by Chinese exchanges on the back of a mining conference in Chengdu, which optimistically pointed to the end of the Bitcoin scaling debate.

The closing remarks from Huang shiliang, a famous bitcoin advocate in China, were essentially about galvanising the Chinese Bitcoin mining community, who own the majority of hashing power, to push for larger blocksizes sooner rather than later.

http://www.ibtimes.co.uk/bitcoin-price-surges-past-650-back-chinese-mining-conference-1587850
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!