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Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital
5.3.2022
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days...
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
4.3.2022
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto...
Market Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’
1.3.2022
On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged —...
Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K
28.2.2022
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February...
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
25.2.2022
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced...
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
18.2.2022
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot...
2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade
18.2.2022
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins...
Bitcoin traders say $40K is the ‘line in the sand’ after BTC and stocks sell-off
17.2.2022
BTC price plummeted to $41,750 as global markets, stocks and altcoins corrected in the face of escalating tensions between Russia, the United States and Ukraine
BTC Liquidity Tightens as Bitcoin Held by Exchanges Hits 6-Month Low
14.2.2022
While the price of bitcoin is 38% lower than its $69K price high three months ago, the amount of bitcoin on exchanges is at its lowest figure since April 2021. At the end of July last year, there was 2.59 million bitcoin held by crypto trading platforms, and today there’s only 2.36 million...
Trudeau Warns Truckers Government Will ‘Respond With Whatever It Takes,’ 2 Freedom Convoy Crypto Fundraisers Reach Goals
12.2.2022
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government is ready to “respond with whatever it takes.” Furthermore, an Ontario judge on Friday ordered protestors to end the blockade at Ambassador Bridge...
Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact
11.2.2022
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some point.” Khosrowshahi noted that there were two downsides to leveraging the cryptocurrencies like bitcoin, such as “the exchange mechanism...
13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin
11.2.2022
13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of...
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
8.2.2022
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday, Canadian Prime Minister Justin Trudeau begged protestors to stop the demonstration and said “It has to stop.” Meanwhile, after Gofundme shut down...
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device
5.2.2022
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs...
Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding
5.2.2022
This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding...
Canadian Bitcoin ETF sees its third-biggest daily inflow ever
3.2.2022
Purpose Bitcoin ETF attracted over 1,000 BTC in inflows on Tuesday, its third-largest daily inflow since launch
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
2.2.2022
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend...
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry
26.1.2022
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry....
Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year
26.1.2022
There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since January 1, 2021, jumping 4,230% in a year. Ethereum’s transaction...
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position
25.1.2022
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with...