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Tag Archives: costs

Mining costs outweigh profits with $5k Bitcoin!

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Deutsche Bank hires Cerberus to help tackle costs

Deutsche Bank has hired one of its top shareholders, New York private-equity firm Cerberus Capital Management LP, as a paid adviser to help the troubled lender tackle runaway costs and boost lagging profits. The appointment of Cerberus comes as Chief Executive Christian Sewing tries to revive the German bank’s fortunes …

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Ethereum Clog Inflates Gas Prices, Raises Transaction Costs

On Tuesday, MyCrypto, self-described as an “open-source interface for the blockchain that eases the method of storing, sending, and receiving cryptocurrency,” accused an unnamed cryptocurrency change over Twitter of contributing to the Ethereum community’s fresh clog. A commenter at the thread later printed the change to be China-based FCoin. FCoin …

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ASKfm’s ICO Publicity Stunt Costs a Man His Life

Despite having announced an ICO and a potential transformation into a decentralized ledger, ASKfm felt there still wasn’t enough attention on it, which could potentially hurt its chances of hitting its fundraising targets. It therefore embarked on a particularly daring publicity stunt. The Q&A social media platform sponsored four Ukrainian …

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