Tuesday 26 December 2017

Bitcoin Companies in News and Discussions

There are hundreds of Bitcoin companies; however, flashy startups like Coinbase, Circle, Blockchain, and BitPay are some of the most famous companies in Bitcoin. However, arguably more important are the miners - individuals and organizations who form the core backbone of Bitcoin. They are ensuring the digital currency's integrity.

Needless to say as Bitcoin runs on a blockchain, a decentralized and public ledger of every transaction made on the network, there is transparency as far as transactions are concerned. By offering processing power towards this, users get a chance to win Bitcoin i.e. creating an arms race of miners scrambling to assemble ever-more sophisticated and powerful ASICs.

Blockstream, Bitcoin Company to Reckon With 


Out of several Bitcoin companies the name of Blockstream comes first as the company responsible for a large portion of the Bitcoin Core development has been often in the news. Over the years, Blockstream has attracted a total of $76m in funding, which indicates a lot of VC investors feel the company has something valuable to offer.

The Bitcoin Company is working on Sidechains and other types of blockchain development that will help the Bitcoin ecosystem, as well as other projects making use of distributed ledger technology. Thus, it is not just focusing on making things easier for people when they are doing national or international transaction.

BitFury, a Name that is Being Trusted 


When it comes to trusted Bitcoin companies BitFury is a company known for manufacturing Bitcoin mining hardware, as well as running one of the world’s largest Bitcoin mining pools. Needless to say over the past few years, BitFury has become a household name and raised $90m in investments from various partners and venture capitalists.

According to various news stories the company will continue to be an integral part of the Bitcoin ecosystem and keep on innovating at the same time.

Coinbase, has Always Been There 


When Bitcoin came to existence there were only a few Bitcoin companies, Coinbase was one of the few. The Coinbase exchange is one of the largest in the world with $116.5m in funding over the past handful of years. Needless to say as the exchange platform is seen as one of the easiest ways to enter the cryptocurrency ecosystem, a lot of people trust it.

Over the years it has carved a niche for its services and delivery as well as reliability for being a trusted name.

Here you can get top Bitcoin news from around the world along with important tips on how to trade Bitcoin with trusted Bitcoin companies


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