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Tag Archives: Costs

Kraken to Suspend Trading in Japan due to Rising Costs and Low Volume

Japan is a very important country to cryptocurrency companies. With its open-minded regulation and positive approach to cryptocurrencies, there are a lot of benefits to this region. Surprisingly, the Kraken trading platform is ceasing its service in Japan very soon. This sudden decision is the direct result of rising costs associated with offering services to local customers. Kraken is Exiting ...

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Crypto Exchange Giant Kraken Quits Japan Citing Rising Costs: Report

Join our community of 10 000 traders on Hacked.com for just $39 per month. US-based cryptocurrency exchange Kraken will reportedly shutter its trading services in Japan due to rising business costs. Referencing an emailed statement from Kraken, Bloomberg is reporting that the San Francisco-based exchange operator is closing ‘all of its services’ in Japan with a tentative planned exit in ...

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Samsung Eyes Blockchain Technology to Reduce Supply Chain Overhead Costs

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced the world to how blockchain ...

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CNET’s Halsey Minor Utilizes Unused Computing Energy and Blockchain Tech to Reduce Video Broadcasting Costs – The Merkle

Producing and distributing video is anything but cheap. As blockchain technology is hailed as the go-to solution for a host of today’s technological problems, decentralization mania couldn’t have come at a better time for video. Why? Because the enormous amount of energy required to store, compute, encode, network and stream video is massive. Halsey Minor, the CEO of the VideoCoin Network, has ...

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Student Cryptocurrency Miners Face Rising Costs, Squeezed Margins

Join our community of 10 000 traders on Hacked.com for just $39 per month. Savvy college students who have been mining bitcoin from their dorm rooms are facing a one-two punch from lower cryptocurrency prices and rising mining costs. Even though the electricity bill is included under room and board, giving today’s college kids a key advantage in the bitcoin ...

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Here’s What It Costs to Get Your ICO Token Listed on an Exchange

Join our community of 10 000 traders on Hacked.com for just $39 per month. Initial coin offering (ICO) founders aren’t the only ones getting rich from token sales. According to research from Autonomous Next LLP, cryptocurrency exchanges are raking in millions of dollars from ICO operators seeking to secure a spot for their tokens on high-volume trading platforms. “It sounds ...

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Here’s What It Costs to Get John McAfee to Promote Your ICO

Join our community of 10 000 traders on Hacked.com for just $39 per month. How much does it cost to get a “crypto influencer” to promote your initial coin offering (ICO) on social media? The answer might surprise you. Specific figures are rarely discussed publicly. ICO operators don’t like to reveal how much they are spending on marketing, while promoters ...

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