bitcoin - Elixis Technology https://elixistechnology.com Las Vegas IT Thu, 18 Aug 2022 06:00:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://elixistechnology.com/wp-content/uploads/2021/08/cropped-ElixisIcon_FullColor-32x32.png bitcoin - Elixis Technology https://elixistechnology.com 32 32 BitCoin Dip – What Happened? https://elixistechnology.com/bitcoin-dip-what-happened/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-dip-what-happened Thu, 23 Jun 2022 11:22:00 +0000 https://elixistechnology.com/?p=7306 Terra’s “StableCoin” A stablecoin is, in theory, just that – stable. It’s a crypto coin that is directly tied to a country’s unit of money on a one-to-one ratio. Terra’s stablecoin was equal to exactly one U.S. dollar before it tanked. Terra’s stablecoin was also tied to Luna – instead of being backed by a […]

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]]> The World of Crypto Scams https://elixistechnology.com/the-world-of-crypto-scams/?utm_source=rss&utm_medium=rss&utm_campaign=the-world-of-crypto-scams https://elixistechnology.com/the-world-of-crypto-scams/#respond Mon, 12 Jul 2021 16:52:12 +0000 https://elixistechnology.com/?p=6577 Yep – it’s mainstream now. What is Cryptocurrency? A cryptocurrency is a digital currency protected by cryptography. Just like physical currency, the digital coin is representative of a certain amount of value – you own a Bitcoin, you have the equivalent of 36,000 USD. You own an Ethereum coin, you have the equivalent of about […]

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]]> https://elixistechnology.com/the-world-of-crypto-scams/feed/ 0 Bitcoin’s dip is Affecting GPU Prices https://elixistechnology.com/bitcoins-dip-is-affecting-gpu-prices/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoins-dip-is-affecting-gpu-prices https://elixistechnology.com/bitcoins-dip-is-affecting-gpu-prices/#respond Fri, 02 Jul 2021 22:26:47 +0000 https://elixistechnology.com/?p=6567 Cryptocurrency affects the price of hardware IRL now. There’s an entire legion of computers that spend their whole lives solving hashes and producing rewards for their owners. So when the reward crashes a little, the market reacts strangely. Some people buy, because BitCoins always bounce back, and some people sell, because BitCoins might not this […]

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]]> https://elixistechnology.com/bitcoins-dip-is-affecting-gpu-prices/feed/ 0 What’s the Deal with NFTs? https://elixistechnology.com/whats-the-deal-with-nfts-2/?utm_source=rss&utm_medium=rss&utm_campaign=whats-the-deal-with-nfts-2 https://elixistechnology.com/whats-the-deal-with-nfts-2/#respond Thu, 27 May 2021 17:36:02 +0000 https://elixistechnology.com/?p=6511 Is it Bad for the Environment?   Well – that’s complicated. Blockchain technology already takes a lot of energy, but because it’s limited to the people and companies that can afford powerful computers, its impact is limited. However, that doesn’t mean it will stay limited. NFTs use a form of blockchain tech that’s less efficient […]

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