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Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
7.9.2024
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday,...
Zambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability
7.9.2024
Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still consulting market participants, with no...
The Rings Of Power Season 2 Episode 4 Introduces An Iconic Lord Of The Rings Character In The Best Way Possible
5.9.2024
Despite its faults, The Lord of The Rings: The Rings of Power remains a treasure trove of Tolkien lore for superfans of the fantasy franchise—and season two episode four succinctly showcases the Amazon Prime series’ love for its source material. From the debut of a fan-favorite character to...
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church
3.9.2024
The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that was hidden within the same building. ANDE officers...
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
Diablo 4's Next Update Is Going To Completely Change The Game
30.8.2024
Diablo 4's next big update arrives in October as part of the game’s next season, which is also coming at the same time as its first paid expansion. This new update, which is going to be tested by players in September, is changing quite a lot of things, including the level cap, how monsters scale...
Bitcoin price technicals target $87K by 2025, with one key resistance level in the way
30.8.2024
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance
Nikon možná bude vyrábět více objektivů pro video. Dají se očekávat nové power zoomy
30.8.2024
It's time to ditch Bitcoin Power Law Theory
30.8.2024
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is traded
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
30.8.2024
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...
The Lord Of The Rings: The Rings Of Power Season Two Opens Strong, Then Stumbles
29.8.2024
The opening scene of the second season of Amazon Prime’s Lord of the Rings series The Rings of Power lingers long after I finish the first episode, through the second, and well after the credits roll on the third. It’s stunning, immediately making me feel like this season could put things back...
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
29.8.2024
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
27.8.2024
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their...
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Thai authorities raid illegal Bitcoin mine behind local power outages
25.8.2024
Thai authorities will address the broader issue of illegal mining and its impact on the country’s energy infrastructure
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
23.8.2024
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection...
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.