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Gavin Andresen: Rising Transaction Fees Could Price Poor Out of Bitcoin

In the annual ‘State of Bitcoin’ address, the Bitcoin Foundation's Chief Scientist expressed concern over bitcoin mining.

By Kadhim ShubberMay 16, 2014

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Latest Crypto News

Today
9:30 PM
Positive
WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million
The firm's Enovum unit will deliver 40 megawatts of critical IT load in two phases at a campus in Madison, North Carolina, under a 10-year agreement.
8:00 PM
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What if crypto's U.S. market structure effort just never gets there?
Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm.
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XRP slumps as bitcoin once again falls back to $85,000 level after surge
Crypto markets swung sharply Thursday following a softer-than-expected U.S. CPI print, which briefly lifted bitcoin above $89,000 during U.S. hours.

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