China is no longer the beating heart of Bitcoin mining: other regions, including Kazakhstan and the United States, now assume considerable weight. China’s ban, the recent fight against mining farms, concerns about high energy consumption, and the resulting environmental impact are transforming the BTC production industry. Another not insignificant detail should be added: after the
The famous Blockstream company, founded by Adam Back, today announced the launch of a new security token based on Liquid’s network: the Blockstream Mining Note (BMN), which will be brought to market through a security token offering (STO) organized on the STOKR platform. These BMN security tokens are linked to the hashrate produced by Bitcoin
Glassnode data analyzed by CryptoSlate showed a divergence between super whales and retail, with the former remaining in aggressive accumulation mode going into the new year.Bitcoin Accumulation Trend ScoreThe Accumulation Trend Score (ATS) looks at the relative size of entities that are actively accumulating or distributing their Bitcoin holdings.The ATS metric uses a spectrum between
Analysts forecast a year-over-year increase of 6.5% in the U.S. Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing Jan. 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on interest
Bitcoin’s hashrate has hit a new all-time high. After plummeting in mid-April due to problems at some Chinese mining farms linked to a coal mine fire, it began to recover towards the end of the month and returned to previous levels by early May. But the mid-April hashrate collapse also generated a sharp downward correction
Marathon has announced that it has mined the first fully AML and OFAC compliant bitcoin block. Marathon Digital Holdings is a digital asset company that mines cryptocurrencies, and it has made all of its hashrate available to the Marathon OFAC Pool, which is the first mining pool fully compliant with US regulations. In doing so
The Chinese company Bitmain has announced that it has signed a million-dollar contract with the Marathon Patent Group, a mining company listed on the Nasdaq, to which thousands of new Antminer S19 Pro devices will be supplied. @BITMAINtech Bitmain Continues Rapid Growth in North America: Signs $23 million #Antminer S19 Pro Contract with @MarathonPatent https://t.co/7Ij8cG6SsD
After decades of low inflation, investors and consumers are fretting about increasing prices again. There has been a culmination of factors that could push inflation past target levels in several countries this year.Could Bitcoin live up to its potential as a safe store of value and protect users from the impact of higher inflation?Some experts
There are pieces of software online that allow calculating possible earnings from the mining of bitcoin and other cryptocurrencies. One of the best known is WhatToMine.com, which allows users to calculate the potential earnings, or potential losses, of various cryptocurrencies. In particular, the website is divided into two sections, one dedicated to mining with GPUs
A new solar-powered Bitcoin mining farm has opened in Australia. It is a 5-megawatt data center operated by Lumos Digital Mining. Lumos Digital Mining is an Australian company that specializes precisely in mining with renewable energy, so theirs is nothing more than an attempt to expand their operations. The really curious thing is that the
