The cost of mining bitcoins has often been criticized by opponents of crypto-currencies. Let's see how much 1 BTC costs in barrels of oil. The industry of crypto currency is developing at a frantic pace and bitcoin continues to be the driver. It is on its extraction that most of the miners are oriented. The cost of bitcoin and relative stability of growth attract more and more people to this sector. The complexity of the network is growing and getting bitcoin is getting harder and more expensive. More and more new capacities are being introduced, which consume more and more electricity, for the production of which, mainly, oil is burned.

The Initial Coin Offering (ICO) market is new and relatively small. In 2016, the world spent an ICO of $ 103 million, if you do not take into account the hacked and canceled ICO project The DAO. In the same year, the world market of venture investments amounted to $ 127 billion. Meanwhile, according to the portal CoinDesk, for the first half of 2017, ICO was held in the world for $ 1.13 billion, of which $ 797 million was in the second quarter. The results of the second half of the year promise to be even more impressive.

Recently, the price of bitcoin exceeded 6,000 dollars, and the capitalization briefly exceeded $ 100 billion. Thus, the alleged state of the anonymous creator of crypto currency Satoshi Nakamoto exceeded 6 billion dollars, theoretically making it possible to include it in the list of the richest people in the world according to Forbes. At the current bitcoin course, 1 million coins, owned by Satoshi, would place him at 237 in the Forbes rating.

Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article.  Furthermore, customers have access to over 5,000 jets domestically and roughly 15,000 across the globe. The company allowing bitcoin transactions may now open up a new realm of possibilities for the company along with a new customer base.

October 17, Bitcoin.com published a contradictory statement, which stated that it was Bitcoin Cash that should be called bitcoin. In response, leading industry experts, including the maker of lightcore, Charlie Lee (Charlie Lee), criticized such attempts. Bitcoin Cash was launched in early August from hard fork bitcoin, which supported several major mining pools, including ViaBTC and Bitmain. Since then, the support and demand for Bitcoin Cash has decreased significantly, which is noticeable in terms of the hash and market capitalization of the crypto currency.

According to analysts at Bank of America Merrill Lynch, brokerage companies that offer products in the field of crypto currency can have a big impact on the global market. In the report of the bank entitled "Implementation of Crypto-Currency - what are they good for?", Analysts are considering the potential of Bitcoin, Ethereum and XRP, as well as the main aspects of the market and open functioning network of detachment. It is noteworthy that the report touches on possible factors that could affect the future progress of the crypto-currency market, including financial products based on this technology.

The largest bank consortium in the US, , is launching a new platform for interbank payments, built on the basis of a blockchain. The Interbank Information Network (IIN) will be launched with the participation of two other banks - the Royal Bank of Canada and the Australian and New Zealand banking group and is built on Quorum, the corporate blockchain network JPMorgan based on the Etherium, which was first introduced last fall. It is expected that during the coming months other participating banks will join this initiative.

St. Julian’s will host the event for all those interested in blockchain and cryptocurrencies in terms of business - Blockchain & Bitcoin Conference Malta. (December 7, 2017). Its participants include entrepreneurs, investors, consultants and IT specialists working with blockchain and digital currencies. The event will be attended by representatives of the Government of Malta. At the beginning of the event, they will make a welcoming speech. Speakers of the conference are analysts of the cryptocurrency markets; financial and legal experts; blockchain developers; representatives of startups and large companies that use blockchain technology; cryptocurrency and venture investors.

Bitcoin and crypto-currency researcher Willy Woo, who is highly respected in the community, announced that the number of Bitcoin users is about doubled every 12 months. Using as one of the main indicators of the increase in the number of Bitcoin users of the Google Trends app, Wu formed an infographic showing the exponential growth rate of the bitcoin user base. You stressed that against the backdrop of a stable growth rate and periodic surges, which usually depend on the movement of the price of the crypto currency, in the long term the bitcoin network will continue to demonstrate a steady increase in the user base.

Julian Assange, founder of Wikileaks, "thanked" in his Twitter for the US government and financial institutions for the persecution of Wikileaks, which forced the organization to switch to bitcoin in 2010. In his publication Assange notes that the accumulation of Wikileaks in the crypto currency grew by more than 50 000%. On October 14, Julian Assange expressed his "deepest gratitude to the US government, Senator McCain and Senator Lieberman for forcing Visa, MasterCard, PayPal, AmEx, Moneybookers and other payment systems to organize the illegal banking blockade of Wikileaks in 2010." Assange said that the financial embargo "forced Wikileaks to invest in bitcoin, due to which the organization increased its investments by more than 50 000%."