The bear market hits Argo Blockchain and causes its share price to fall drastically. The cryptocurrency miner has taken a really bad hit, a -50% drop that will lead to a collapse of the platform if it does not raise additional funding. The attempt to seek more funding in the next 12 months sounds almost
The Bitcoin block reward is a critical part of the Bitcoin network. It is a core piece of the incentive structure that ensures Bitcoin miners continue to validate and secure the blockchain.Below is a summary of how it works, starting with a brief definition of the Bitcoin block reward, followed by a look at the
Square has launched the Bitcoin Clean Energy Investment Initiative, a project focused on Bitcoin’s energy consumption, in which it will invest $10 million. This is not Square’s only green initiative. Jack Dorsey’s company has also announced its plan to become a zero carbon company by 2030. To do this, Square will work with Watershed, which
Today saw the second most pronounced decline of all time in the difficulty of Bitcoin mining. It went from 16.55 T to 13.91 T, a decrease of almost 16%. It was since mid-January 2020 that the difficulty had not been so low. This is the second most pronounced drop ever, after that of October 2011
For several weeks now, the price of bitcoin has been hovering between $9,000 and $11,000 but, despite this, the race for bitcoin mining continues to be more intense than ever, especially considering the hashrate which has risen continuously since the first months of the year. But how much does it cost to mine a bitcoin?
We are supposed to learn from our past mistakes, as individuals, and as a global society. The past is full of mistakes that can teach us a wealth of lessons. Several economic crises have taken place in the last century that give us an indication as to what can go wrong. It is important that
HTC EXODUS and Midas Labs announced that they have begun supporting the mining of the Monero (XMR) crypto through the DeMiner app which will be released in the second quarter of 2020. HTC is the manufacturer of the blockchain smartphone Exodus that also contains a full Bitcoin node and is capable of mining several cryptocurrencies.
Managing your finances is not easy. For most of us, it is the most complex thing we do on a daily, weekly, monthly, and yearly basis. For some of us, it’s even the thing we dread the most. Money and finances tend to be a topic that is dreaded and even dismissed in the interest
Dogecoin mining is proving particularly profitable. While the price of the cryptocurrency has experienced a real rally in recent months, the community has become considerably richer. Not only those who invested in it, but also those who helped create it are enjoying their moment of glory. According to Coindesk, the income of miners has literally
The profitability of Bitcoin mining has never been so high, reaching its annual peak. In 2020 Bitcoin has had periods of decline and rise. During the pandemic in March-April, the world’s largest cryptocurrency dropped to $3000 and a lot of people thought that the virtual asset was struggling. However, Bitcoin once again stood on its
