Profit

ICO (InitialCoinOffer) is a term that has lately gained popularity in the cryptocurrency environment. This term is used to define a process of raising investments for some particular project.

Bitcoin mining is regulated by a difficulty factor which determines how hard it is to mine one block of bitcoin. Recently the difficulty factor was just above 520,000,000,000. Coinidol.com investigates the effects of this rise on the Bitcoin mining activities.

Edgeless.io launches its ICO this week with the goal to be the first provably fair casino featuring a 0% house edge.

Mmmglobal is a pyramid scheme authored by Russian fraudster Sergei Mavrodi. The scheme has numerous localized websites for every country or region where it operates. Recently, BCC authored a warning on mmmnigeria, the Nigeria chapter of mmmglobal citing it’s a scam aimed at stealing funds.

A spread of over 100 USD between two Fiat currencies allows for great profit on international Bitcoin exchanges. The Bitcoin value difference is getting wider by the week between the Russian Ruble and the Brazilian Real currencies, and this difference is also a symptom of how Bitcoin is spreading across the world.