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Bitcoin casinos – the latest gaming trend?

Back in 1962, Spacewar! entered the history books as the first video game. Since then, the gaming industry has developed into a huge global business, that’s now worth more than double the international film industry’s revenue. By the end of 2020, the global games industry is projected to be worth a staggering $128.5 billion, up from $101.6 billion in 2016. Over the course of the last half-century, the gaming industry has gone through a wide range of trends, with technological evolutions driving forward the quest for perpetual innovation. One of the latest tends is to combine best in class gaming technology with digital currency technology, leading to the birth of bitcoin casinos. The first decentralised currency in the world, bitcoin first appeared in 2007. Since then, the currency’s total value has risen to an impressive $43 billion. The currency’s existence and success was made possible by Satoshi Nakamoto – a mysterious individual (or group of individuals) who may or may not live in Japan. Nakamoto’s white paper, entitled A Peer-to-Peer Electronic Cash System laid the foundations for the digital currency’s existence (along with the existence of all other cryptocurrencies). Though his (or her, or their) true identity remains unknown, Nakamoto’s own stash of bitcoins is believed to be worth some $2.7 billion. At the start of 2014, online and Las Vegas-based casinos began experimenting with accepting bitcoin. Since then, this new form of gaming has boomed. The industry is currently enjoying a bets per second rate in the region of 351. A total of 16.35 billion bets have been made in total, with a total of 2,340,734 bitcoins wagered. For those who are new to bitcoin gambling, it pays to get up to speed with the latest bitcoin news related to the industry, as presented on the VegasCasino blog. The industry continues to evolve, from the kind of games on offer to the addition of features like bitcoin deposit bonuses and social promotions. Bitcoin casinos offer everything from slot machines to online roulette with live croupiers, providing plenty of choice for those looking to enjoy some downtime courtesy of their bitcoins. Signing up to a bitcoin casino is just as easy as signing up to an online casino that accepts any other form of payment. All you need to do is register and make a deposit from your bitcoin wallet to the casino and you’re ready to play. Many bitcoin casinos will boost your initial deposit with a bonus offer for new players, so you can end up enjoying a larger wager courtesy of the particular casino that you choose to join. Other hot gaming trends right now include pushing the boundaries of what virtual reality and artificial intelligence can bring to the table. It will be interesting to see over the next few years if bitcoin casinos are able to embrace these trends to create an even more immersive gaming experience. 3D slot machines have already been around for several years, both online and offline. It’s going to be exciting finding out what the gaming industry has in store for us next!

  • Bitcoin casinos ‚Äì the latest gaming trend?
  • Bitcoin casinos ‚Äì the latest gaming trend?