Hashrate / Morgan Creek / Montana Coal / CryptoKitties

Subscribe | View in browser Here are today's ten most important Bitcoin stories, efficiently ranked & summarized by smart humans, not algorithms: $BTC (1:01 p.m. EST): $7,003.03 (-0.58%) // 90-day high: $8,362.59 // 90-day low: $5,755.25/ / More… $BCH (1:02 p.m. EST): $552.69 (0.44%) // 90-day high: $1,663.91// 90-day low: $513.11 // More… $ETH (1:02 p.m. EST): $288.67 (0.01%) // 90-day high: $790.72 // 90-day low: $242.75 // More… $LTC (1:03 p.m. EST): $61.19 (-0.30%) // 90-day high: $162.87 // 90-day low: $52.78 // More… $XRP (1:03 p.m. EST): $0.34 (-0.24%) // 90-day high: $0.86 // 90-day low: $0.22 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. The bitcoin hashrate has hit another record. The network hit an all-time high of 62 quintillion hashes per second, a 50 percent gain in the month of August alone. The record comes just weeks after reports that the rate exceeded the 50 quintillion mark, which broke the previous 43 quintillion mark set in June. –BITCOINIST       Attend Trading Show New York: FREE Education on Cryptocurrencies, Blockchain & More With your FREE visitor pass to the Trading Show New York, you get access to seminars with topics including crypto investing, blockchain, and capital markets. You can also hit our expo floor, where you can discover new technology solutions for cryptocurrencies, blockchain, data analytics, & more! For an ad-free experience, upgrade to Inside Premium     2. Morgan Creek Digital has launched a new Digital Asset Index Fund in partnership with Bitwise. The new fund will provide accredited investors, endowments, pensions, and other institutional investors the possibility to gain indirect exposure to major cryptocurrencies. The fund will not include ripple and stellar, as a central party owns more than 30 percent of each of those coins. –COIN TELEGRAPH       3. Sen. Steve Daines (R-Montana) has lobbied against closing a coal-fired power plant in the state, arguing it could harm the cryptocurrency mining industry. The plant is currently scheduled to close in 2027. Doing so, Daines argues, would raise energy costs in the state, turning away mining operations. While crypto firms typically set up near renewable energy sources, Montana has vast coal deposits and several coal-fired plants to supply an abundance of cheap electricity. –BITCOIN MAGAZINE       4. Ethereum co-founder Gavin Wood believes ICOs will still be a fundraising tool for crypto-related businesses in the future. However, he thinks that there will be a lot of evolution as to how ICOs operate. According to CoinSchedule, ICOs have raised a total of over $18 billion in the first eight months of 2018 alone, compared to the $6.2 billion raised in all of 2017. There still remains a stigma, though, around ICOs because of the number of scams and project failures that have fallen investors. Adding more trust into the process will be a part of that evolution, Wood said. –NEWS BTC       5. A German museum will use CryptoKitties to explain blockchain. Dappler Labs, the owner of CryptoKitties, has partnered with digital art firm Meural to create an art exhibit at the ZDM Center for Art and Media in Karlsruhe, Germany. It will show the evolution of blockchain, and how the technology works to create different felines. –VENTURE BEAT       6. The Associated Press has partnered with Civil, the crypto startup that wants to bring blockchain and cryptoeconomics to journalism. Civil will help the AP track where its content goes, and whether it has been licensed correctly. In return, the AP has granted the newsrooms in Civil's network to license its content. –TECH CRUNCH 7. There is an argument that bitcoin's energy use is beneficial. While mining does require lots of electricity, mining will ultimately lead to innovation around green energy. –THE NEXT WEB 8. An analyst tells investors to not believe the "doom mongers." While bitcoin has struggled this year, there is still a lot of positives to focus on. –MARKET WATCH 9. Here is more on the bitcoin cash battle currently taking place. The argument threatens to split bitcoin cash into two competing chains. –COIN TELEGRAPH 10. Moscow's government plans to use blockchain to promote transparency in commerce. The government is planning to use ethereum as part of a system for trading spots during weekend farmers markets. –COINDESK       From the Forums Elon Musk wants to buy ethereum. More on the dissention in the bitcoin cash community. A bitcoin cash meme.       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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