Altcoins often mirror the price movements of Bitcoin (BTC), the largest cryptocurrency by market capitalization. However, Cosmos (ATOM) and Solana (SOL), over the past two weeks, managed to outperform BTC.Cosmos is up nearly 15% compared to BTC over the past two weeks, Glassnode data indicates. On the other hand, SOL beat BTC by almost 8%
Mining activities are not very popular in Italy and still represent a niche sector. The tax legislation does not yet provide a clear overall picture. What tax obligations are miners subject to in Italy? The Italian tax system on cryptocurrency mining and trading activities This is a recurring question, because in our country, in the
Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its Nov. 10, 2021, all-time high of $69,044.77, while its market cap is down to $318.943 billion from the yearly high of $902.04 billion — a 64.64% decline.Let’s take a look at some metrics that can provide more
The panic-sell generated by China’s new decree intensifying the ban on crypto has not yet afflicted Chinese miners, who rather than sell bitcoin, hold on to it, putting themselves in a HODL position. The new Chinese crackdown decree, already issued in 2017 but in a softer version than the current one, has also forced Chinese
Analyzing reports on the cost of energy in individual U.S. states, Hawaii is the state where it is less convenient to mine. U.S. states where crypto mining costs the least Average cost to mine 1 BTC in the various US states After 2021, in which Bitcoin mining had to endure a ban by China, 2022
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Grin was often the focus of attention amongst miners in the early part of 2019, as it is one of the few cryptocurrencies that has remained immune to ASICs, or rather, equipped with a double PoW capable of compensating equally both GPU miners and ASIC miners. The cryptocurrency based on the MimbleWimble protocol, a blockchain
On 31 July, there was an automatic increase in the difficulty of bitcoin mining. After four consecutive downward adjustments, an upward one finally arrived. In fact, the difficulty increased by 6%, after having fallen by 45% overall in two months. The trend of the bitcoin mining difficulty It all started in May when the difficulty
In the latest report published by Samsung, there was a greater demand for mining chips and as a result, the South Korean company decided to increase its production: “In the second half, earnings growth is expected to continue due to the ongoing expansion of orders for AP, image sensors and DDI as well as increased
In the last days of September, due to the fall in the price of the currency, Litecoin recorded a major collapse of the hashrate and therefore of the mining difficulty, which in recent days has fallen below the quota of 10 million. This value had not been touched since last March 25th, when the hashrate
