BitcoinNews.ca
  • Home
  • What Are Bitcoins?

Bitcoin lands a whale....Dell Computer

7/20/2014

0 Comments

 
Picture
Well, another turn of events in the Bitcoin saga. It appears that Dell computer has accepted Bitcoin as a method of payment. 

Dell has revenues of approximately $57B, this means landing a "whale" like Dell with Bitcoin acceptance is a huge deal.


The next question is, has this impacted the price of Bitcoin?

Let's review the past 10 days of pricing and find out. 

Additionally, what has happened within the Bitcoin network?

Bitcoin Network Capacity
The Bitcoin network capacity is 146.5PH/s this week and was approx 90PH/s just a month ago. This is showing significant growth again in mining hardware  investment. How has this impacted the difficulty? The Bitcoin difficulty has grown as follows 11.7B, 13.4B, 16.8B to 17.3B...Overall some modest gains.

Bitcoin Market Capitalization
The Bitcoin market capitalization continues to remain stable at $8.1B, for over 1 month. This is not encouraging for the speculators on currency inflation. However, this is great news for large investment houses looking for stability.

BTC-E - 10 day pricing

Picture

Virtex Canada - 10 day pricing

Picture
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    New to Bitcoin...
    START HERE

    Check our posts for information related to what Bitcoin really is:
    • What is a Bitcoin?
    • Why are Bitcoins so great?
    • How do I spend Bitcoins?

    About The Author

    The site author has been interested in Bitcoin since June, 2011 and is extremely excited to see the future developments of this digital currency.

    Archives

    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012

    Categories

    All
    Butterfly Labs
    General Interest
    How To
    Investment
    Political
    Technology
    Welcome

    RSS Feed


Powered by Create your own unique website with customizable templates.