Sunday November 26, 2017
Total BTC mined: 0.35971648
Total BTC mined USD: $3388.03 (based on today’s current exchange rate)
Total Spent: $1891.50
Remaining to break even: $0.00
Bitcoin has officially gone off the deep end with current prices hovering around $9400 which represents a gain of over $650 in less than 24 hours. ROI is up 14 points while total Bitcoin mined grew roughly $200 and to be honest none of this makes sense but you have to roll with the punches in cryptocurrency and hopefully everyone thinking about how many Ferraris they’re going to buy with their Bitcoin don’t get too lost in thought.
In fact as I type this blog post, Bitcoin has already started falling back but not to worry, it’ll go past $10k/coin in the coming days.
In other Bitcoin related news, a hacker gained access to the Bitcoin Gold GitHub repo and replaced files. Again with security being paramount it surprises me how lax some of these systems are that control millions of dollars of real world investments. Hacks like these will continue to happen and given the amount of money being poured into cryptocurrency, I expect stories like this to become the new normal.
At this time Bitcoin is up $1400 in just one week. How long will the good times last?
Today’s picture comes to us from Daniel Novta