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Bitcoin slumped nearly 20% to $9000 hours after hittng its all time high of $11,000 stoking fears that bitcoin bubble might be ready to burst soon.  Here are some facts that you might not know about the largest and best-known cryptocurrency.   HOW MANY ARE THERE?   Bitcoin's supply is limited to 21 million - a number that is expected to be reached around the year 2140. So far, around 16.7 million bitcoins have been released into the system, with 12.5 new ones released roughly every 10 minutes via a process called "mining", in which a global network of computers competes to solve complex algorithms in reward for the new bitcoins.  ENERGY DRAIN  These mining computers require a vast amount of energy to run. A recent estimate by tech news site Motherboard put the energy cost of a single bitcoin transaction at 215 kilowatt-hours, assuming that there are around 300,000 bitcoin transactions per day. That's almost enough energy as the average Americ...

Changelly , the leading instant cryptocurrency exchange, has announced its partnership with Coinomi, one of the oldest, safest and most well-known wallets in the crypto industry. Coinomi has fully integrated Changelly’s API right into its wallet application, allowing users to easily swap between a wide range of listed cryptocurrencies.   What is Changelly?   Changelly is an instant cryptocurrency exchange providing the best crypto-to-crypto rates on the market. It is the best way to exchange your crypto coins just in a few clicks. From the first day of launch, we provide our customers with the most profitable rates. Today we’re gonna tell you how we do that. You’ll learn how Changelly calculates and suggests the best rates and see all the magic going on between transactions.   About Coinomi.  Coinomi is a security-first, multi-asset wallet that provides native support for 79 blockchains and 200 tokens reaching the mind-blowing total of 279 coins and tokens...

Convert Bitcoins into Ethereum Using Changelly : Here is how to get started: 1.  Select BTC & ETH Pair ( as shown in image below) Can't load widget 2. Click on Exchange & on the next page you will get the details of the transaction. Note :  Changelly would require you to create an account using email address. This is a good thing as you can anytime login to your Changelly account in future and  see all your conversions. 3. Click on next & enter your Ethereum wallet address where you want to receive the converted Ether. Click on next and  on this page you will see the details of the conversion you are making. If everything looks ok, click on confirm and make payment. On the next page you will see the QR code and the Bitcoin Wallet address in which you need to send the BTC to convert it into ETH. After sending the payment, you can close the tab as you will get email notification when everything is ...

The newest fork of the bitcoin blockchain is officially live after a rocky start. Developers for the project, dubbed bitcoin gold,  published software  for the breakaway cryptocurrency today, releasing the code on  GitHub  as well. A imed at blocking the use of specialized chips for mining, t he project revealed last week it was  eyeing a formal launch  on Sunday, weeks after it  first initiated a split  from the main bitcoin blockchain. As such, the launch caps a lengthy period of development for the cryptocurrency, which follows bitcoin cash, a near $30 billion network that  split off  from bitcoin earlier this summer. Bitcoin gold also represents the  latest instance  of an "airdropped" cryptocurrency forked from the main bitcoin chain, which is distributed to anyone who owned bitcoin at the time of the split. Now, public mining for the cryptocurrency has begun, with several mining pools opening up in coordination wi...