The biggest news in the cryptoverse for Jan. 11 saw Avalanche announce a partnership with AWS as Silvergate revealed that it received a $4.3 billion bailout from a San Francisco Bank. Meanwhile, Robinhood is delisting and selling its BSV, WazirX has published its proof-of-reserves report, and FTX has recovered $5 billion. Plus, research on Bitcoin
The crypto derivatives market has grown so big in the past few years that it can be used as an indicator of future price movements. Bitcoin options have captured the crypto industry and have quickly turned into mature products whose movements have the power to sway the rest of the market.Just like in the traditional
Currencies compete. They compete for attention, they compete to be held, and they compete to be spent. The more a money is held, and spent, the more dominant it is. Have you ever wondered why you think of the value of something in dollars, yuan, or rupee? It is the money you think and communicate
BetterHash is a platform that allows to mine as many as 9 different crypto assets: Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Zcash (ZEC), Ethereum Classic (ETC), Bitcoin Gold (BTG), Grin Coin (GRIN), Ravencoin (RVN) and ZCoin (XZC); this is the guide to using this tool. BetterHash adapts the hardware to the most profitable cryptocurrencies to
Most Bitcoin investors and enthusiasts understand the process of mining. Over the past 12 years, the mainstream public has had plenty of opportunities to understand the network’s reward system for those who verify transactions on the blockchain.However, the actual competitiveness of the industry and the profitability of mining is still a complex topic shrouded in
On Nov. 10, 2021, (BTC) established an all-time high of over $68,600, according to CryptoSlate data. On the same day, Ethereum (ETH) reached an all-time high price of $4,864.11, CryptoSlate data shows.The peak in the price of the two largest cryptocurrencies by market cap would lead investors to believe that the market was still experiencing a bull run. However
A bitcoin mining company, Greenidge Generation Holdings, has officially announced its listing on Nasdaq. Technically speaking, it is a merger with an already listed company, Support.com (SPRT), whose shares jumped to $7.1 yesterday after 12 months in which they had never managed to exceed $2.5. SPRT has been listed on Nasdaq since 2011, when it
Genesis Digital Assets, the Bitcoin mining industry giant, has raised $431 million in funding to expand its operations in the US and Nordic countries. This is one of the largest funding rounds in the mining industry ever, led by Paradigm, a crypto investment firm that also backs Coinbase and FTX. Genesis Digital Assets and the
How to use the Antminer? This is Bitmain’s ASIC for bitcoin mining. In reality, there are also some versions of it that are used to mine other cryptocurrencies, i.e. they use algorithms different from SHA256, such as EquiHash. But the basic operation is always the same, whether you use SHA256 to mine bitcoin or EquiHash
The Governor of New York State may not sign the measure to ban cryptocurrency mining. The ban on crypto mining in New York New York State wants to stop mining in the country On 3 June, the New York State Senate surprisingly approved a bill that would impose a ban on cryptocurrency mining in the
