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Twitter suspends development of cryptocurrency wallets! Dogecoin drops more than 11% on news
Twitter was previously rumored to be developing a crypto wallet that would allow users to send and receive cryptocurrencies on the platform. However, the latest news pointed out that the development plan is suspected to have been suspended, and Dogecoin (DOGE) fell more than 11% on hearing the n...Read more -
Ethereum Shanghai upgrade will implement WARM Coinbase! Builder payments will drop
According to “Bloomberg” report, in addition to opening up the withdrawal function of pledged ETH, the Ethereum Shanghai upgrade will also implement some other small changes, such as the EIP called “WARM Coinbase” (which has nothing to do with the exchange Coinbase)- Prop...Read more -
Binance CEO CZ Has Signed a Letter of Intent to Acquire FTX
Earlier today, FTX SBF and Binance CZ, which had been arguing for many days, seemed to have ushered in a turning point. CZ posted on Twitter that “Because FTX has asked Binance for help in the afternoon to solve the late-night withdrawal suspension and liquidity crunch crisis”, he ha...Read more -
Cryptocurrency funds enter the U.S. bond market, Bitcoin continues to fluctuate around $19,000
The global macro strategy team, led by Morgan Stanley analyst Matthew Hornbach, wrote in a report over the weekend that the U.S. Treasury market has fallen cheap enough that the historic bear market in U.S. Treasuries over the past year has entered yields enough to compensate for the risk. Inves...Read more -
Bitcoin turns choppy ahead of FOMC meeting! JPMorgan: U.S. stocks may rise sharply if interest rate hikes by 50 basis points
On the eve of the FOMC meeting, the cryptocurrency market, which had been rising a few days ago, turned volatile. After rising to $21,085 on the 29th, Bitcoin (BTC) dropped to $20,237 last night, and was reported at $20,568 as of the deadline, nearly 24 The hourly increase was 0.52%; ether (ETH) ...Read more -
CFTC chair: I think ethereum is a commodity but SEC chair doesn’t
U.S. SEC Chairman Gary Gensler clearly supported Congress in giving the CFTC more regulatory powers in September this year to monitor non-security tokens and related intermediaries. In other words, cryptocurrencies with securities attributes are subject to the jurisdiction of the SEC. However, t...Read more -
What does mining mean? Explain what is mining in layman’s terms
The circulating market value of Bitcoin is 168.724 billion US dollars, the number of circulation is 18.4333 million, and the 24-hour transaction volume is 5.189 billion US dollars. From the above data, it can be seen that Bitcoin is very valuable and the rate of return has always been high. Knowi...Read more -
New British Prime Minister Sunak: Will work to make the UK a global cryptocurrency center
Last week, former British Prime Minister Liz Truss announced that he would resign as leader of the Conservative Party and also resign as prime minister, responsible for the market turmoil caused by the failed tax cut plan, and became the shortest-term prime minister in British history after only...Read more -
The U.S. CPI increased by 8.2% in September, slightly higher than expected
The U.S. Department of Labor announced the consumer price index (CPI) data for September on the evening of the 13th: the annual growth rate reached 8.2%, slightly higher than the market expectation of 8.1%; the core CPI (excluding food and energy costs) recorded 6.6% , hitting a new high in the p...Read more -
Twitter is rumored to be developing a prototype cryptocurrency wallet! Musk: Twitter should be a fair platform
The cryptocurrency wallet will support the extraction, transfer, storage, etc. of mainstream cryptocurrencies such as BTC, ETH, DOGE, etc. Jane Manchun Wong, a Hong Kong-based technical researcher and reverse engineering expert, who is known for discovering new features of Twitter, Instagram and...Read more -
GPU sell-off wave! High-end graphics card prices drop to record lows after Ethereum merger
After The Merge of Ethereum was completed on September 15th, it officially announced the switch from Proof of Work (PoW) to Proof of Stake (PoS), which also means that the majority of miners can no longer mine ETH rewards, which has led to a large number of high-end Graphics card requirements are...Read more -
US mining company ‘Compute North’ files for bankruptcy protection! Only completed $380 million in financing in February
Bitcoin prices have been oscillating below $20,000 recently, and many miners are facing rising costs but shrinking profits. According to the latest report from Coindesk on September 23, Compute North, one of the largest cryptocurrency mining companies in the United States, has officially applied ...Read more -
Nomura Holdings launches encrypted VC department: focus on DeFi, CeFi, Web3, blockchain infrastructure
Nomura Holdings announced today (22) that Laser Venture Capital, Laser Venture Capital, is the first business of Laser Digital Holdings AG established by Nomura Holdings and sets up the headquarters to Switzerland. In the future CEFI, Web3, and blockchain infrastructure. According to official ne...Read more -
Bitcoin price analyst PlanB is buying the bottom again: S2F model tells me to buy
Bitcoin price analyst PlanB said on Twitter on the evening of the 21st (21) that he was going to conduct a long-awaited Bitcoin dip. This time, he still relied on his well-known S2F model, and it has been about 3 years since he last bought Bitcoin. time of year. PlanB announces another dip Accor...Read more -
Three major U.S. banks including Citi: will not fund crypto mining! BTC miner profits fall again
Proof-of-work (PoW) blockchains, such as bitcoin and pre-merger ethereum, have long faced criticism from environmentalists and some investors for consuming large amounts of electricity. According to the latest report of “The Block” yesterday (21), the CEOs of three major US banks (Cit...Read more -
Ethereum miners flee to ETC, RVN, ERGO! ETHW only absorbs 9% computing power
Ethereum successfully completed the merger at 14:43 Beijing time yesterday (15th), switching from Proof of Work (PoW) to Proof of Stake (PoS), which is a historic moment, and Ethereum miners have been officially eliminated since yesterday. A lot of computing power fled to other currencies, algori...Read more -
Michael Saylor: Bitcoin Mining Is the Most Efficient Industrial Electricity, Less Energy Intensive than Google
Michael Saylor, former CEO of MicroStrategy and a Bitcoin advocate, wrote in his column on the energy issues of Bitcoin mining that Bitcoin mining is the most efficient and cleanest way to use industrial electricity, and it is the most efficient and cleanest way to use electricity in all major in...Read more -
Bitcoin mining difficulty hits a new record high
According to the data, in the latest block difficulty adjustment, the mining difficulty of Bitcoin has increased by 3.45%. Although the increase rate is lower than the previous 9.26%, it has been adjusted upward for the fourth time in a row, which also makes Bitcoin The mining difficulty has once...Read more -
Bitcoin mining must be greener! White House: Otherwise, it should be banned
The White House said in a recently published report that cryptocurrency mining, which consumes enormous amounts of electricity and produces considerable carbon emissions, could hamper U.S. commitments to climate change. The report also suggested that if the environmental impact of the mining indu...Read more -
ETC mining computing power surged by 60% in a single month, hitting a new record high! Miners are looking for an alternative to Ethereum
The first phase of Ethereum’s merger milestone (The Merge) “Bellatrix Upgrade” has been launched on the 6th, and the official merger of Ethereum is expected to take place on September 15th. As the Ethereum PoW mechanism is about to enter the final stage, miners are also with thi...Read more -
Full support for the merger! Ethereum’s largest PoW mining pool Ethermine launches PoS staking service
Ethermine (Bitfly), the largest mining pool with 31% of Ethereum’s computing power, tweeted yesterday (30) that it officially launched the Ethereum staking service “Ethermine Staking”, users do not need to own 32ETH, and the minimum only needs 0.1ETH (current price is about 160 US dollars)) can p...Read more -
NVIDIA Q2 financial report: game graphics card revenue fell by 44%, professional mining card sales also continued to decline
Chip maker NVIDIA (NVIDIA) announced its second-quarter financial results yesterday (24), attributing the lower-than-expected revenue to the plummeting gaming revenue. NVIDIA’s total revenue in the second quarter was $6.7 billion, up 3% year-on-year, and its net profit was $656 million, dow...Read more -
Ethereum mining pool Flexpool accused of being used by ETHW for logo may be a scam
The web.archive.org webpage inventory cache website shows that on August 7, the ETHW official website will be Huobi, Binance, KuCoin, Gato.io, Poloniex, FTX, Hiveon, Flexpool, 2miners, Bitfly (Ethermine.org), f2pool etc. are listed as partners and contributors/supporters. Then ETHW Twitter tweet...Read more -
31% of Ethereum’s computing power is disbanded! Ethermine does not support POW forks and will close the ETH mining pool
Ethereum’s largest mining pool ethermine (Bitfly) issued an announcement today (19th), announcing that it will end the Ethereum PoW mining pool business. Mining Ethereum on mining pools with ASIC machines. ethermine reminded miners and users in the announcement that they would not be able to mine...Read more -
Celsius gets permission to sell mined bitcoins, but profit falls short of operating costs CEL plummets 40%
Crypto lending platform Celsius filed for bankruptcy in June. According to a previous report, it is expected to cost $33 million for business restructuring in the past three months, and it may cost every month for the next few months. $46 million to keep the company afloat, and in response to exp...Read more -
Ethereum Miner Savior? Conflux (CFX) Proposal: Change PoW Mining Algorithm to Ethash
The public chain project Conflux launched the CIP-102 community proposal on the Conflux official forum on the 10th, hoping to change the PoW mining algorithm of Conflux to Ethash. The motivation is to make it easier and easier for Ethereum miners to switch computing power to Conflux, but the rati...Read more -
Bitcoin Mining Council Report: Nearly 60% of Bitcoin Mining Machines Use Renewable Energy
Bitcoin (BTC) mining has recently been criticized for environmental protection, and with it comes the regulation of various countries. The New York Congress, a global political hub, passed the 2-year suspension of Bitcoin mining bills on June 3, but as early as late 2021, the New York Times publi...Read more -
Bitcoin mining cost drops to $13,000! Will the price of the currency also fall?
Bitcoin’s production cost has dropped to around $13,000, according to JPMorgan analysts, does that mean the price of the coin will follow suit? According to a report by JPMorgan strategist Nikolaos Panigirtzoglou, Bitcoin’s average production cost in early June was $24,000, then dropped to $15,0...Read more -
The bankruptcy of Celsius may bring heavy selling pressure on Bitcoin miners! Only half of the 80,000 units remain in operation
While the insolvent cryptocurrency lending platform Celsius submitted its financial restructuring to the New York Bankruptcy Court on the 14th, its mining subsidiary Celsius Mining was also unable to escape the doom and filed for bankruptcy; because the company may be forced to sell related equip...Read more -
Celsius Restructuring Plan: Continue Bitcoin Mining, Creditors Optional Cash Discount Payment
According to Celsius’ reorganization plan, Celsius has reduced its total assets by $17.8 billion since March 30, the scale of user withdrawals has reached $1.9 billion, the market value of currency holdings has fallen by $12.3 billion, and the amount of cryptocurrency has been liquidated by...Read more -
Kazakhstan raises taxes on cryptocurrency miners! Electricity tax to be increased by up to 10 times
Kassym-Jomart Tokayev, the president of the third-largest mining nation, Kazakhstan, recently signed a tax reform bill to increase the electricity tax rate for cryptocurrency miners by up to 10 times. Kazakhstan has introduced a special tax system for the cryptocurrency mining industry since Jan...Read more -
Celsius sold out before going bankrupt! Bitcoin mining machine price cuts CleanSpark nearly 3,000 units
The downturn in the cryptocurrency market has made it difficult for some miners to afford their expensive equipment and mining costs. Bitmain’s Antminer S19 and S19 Pro are priced at around $26-36 per Terahash, which has fallen to the lowest level since 2020, according to market data for speciali...Read more -
Texas high temperature power is tight! Several Bitcoin mining farms shut down and reduce operations
Texas ushered in the fourth heat wave this summer, and households’ air-conditioning power consumption surged. Due to the expected shortage of energy reserves, the Texas power grid operator asked people to reduce electricity consumption. In addition, the cost of electricity continued to rise...Read more -
Crypto-listed miners sell coins to survive June bitcoin sales exceed mining output
Under the conditions of poor market conditions, the stock prices of various listed mining companies have fallen. Last year’s high-profile financing and procurement of mining machines to increase the proportion of computing power have disappeared, and some mining companies have begun to sell...Read more -
Bitcoin bounces back! However, miners further reduced their holdings of Bitcoin to hedge against downside risks
The cryptocurrency market has rebounded from the bottom. This week, the market value of Bitcoin once rose from the bottom of 367 billion US dollars to more than 420 billion US dollars. The panic index also got rid of the swing below 20 for nearly a month and returned to the level above 20. Althou...Read more -
European Central Bank: Bitcoin and other PoW coins should be subject to a carbon tax on trading, otherwise mining should be banned
The European Central Bank published a report on the blockchain of Proof of Work (PoW) yesterday (13), severely criticizing Bitcoin and other related PoW coins. The report compares the current PoW form of verification system to a gasoline car, and Proof of Stake (PoS) to an electric car, and claim...Read more -
Bitmain launches Antminer E9! Ethereum mining consumes only 1.9 kilowatts of electricity
Antminer, a subsidiary of the world’s largest mining machine manufacturer Bitmain, tweeted earlier that it will officially start selling its new application-specific integrated circuit (ASIC) at 9:00 a.m. EST on July 6.) mining machine “AntMiner E9″. According to reports, the ne...Read more -
Listed miner Core Scientific sells over 7,000 bitcoins! Announcement to sell more BTC
The sell-off triggered by bitcoin miners is still ongoing amid rising electricity costs and a weakening cryptocurrency market. Core Scientific (CORZ), the world’s largest listed cryptocurrency mining company, announced its first half of this year’s financial results. It is worth notin...Read more -
The monthly income of Ethereum miners is already lower than that of Bitcoin miners! Biden will issue BTC mining report in August
The income of Ethereum miners has plummeted since April this year. According to TheBlock data, the current collective monthly total income of Ethereum miners is lower than that of Bitcoin miners. According to its July 5 report, Ethereum’s June revenue was only $548.58 million, compared with Bitco...Read more -
The SEC and the CFTC are negotiating a memorandum of cooperation on cryptocurrency regulation
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler revealed in an exclusive interview with the Financial Times on the 24th that he is discussing a formal agreement with his counterparts at the U.S. Commodity Futures Trading Commission (CFTC) to secure cryptocurrencies Transaction...Read more -
Will Bitcoin fall below $10,000? Analyst: The odds are low, but it’s foolish not to prepare
Bitcoin held the $20,000 mark again on June 23 but talk of a possible drop of another 20% still emerged. Bitcoin was down 0.3% at $21,035.20 at the time of writing. Federal Reserve Chairman Jerome Powell brought only brief turmoil when he testified before Congress, which did not mention new info...Read more -
Miners have sold 25,000 bitcoins since June! The Fed raised interest rates by 75 basis points in July to 94.53%
According to Tradingview data, Bitcoin (BTC) has slowly recovered since falling below the $18,000-mark last weekend. It has been hovering around $20,000 for several days, but it has risen again this morning, breaking the $21,000 mark in one fell swoop. As of the deadline, it was reported at $21,0...Read more -
Emerging Markets Godfather Mobius: Bitcoin is a Leading Indicator for Stock Market Bottoms
According to “Bloomberg”, as U.S. stocks and Bitcoin continue to plummet recently, Mark Mobius, founder of Mobius Capital Partners, known as the godfather of emerging markets, said in an interview on the 22nd that if you are a Stock trader, now need to turn their attention to cryptocu...Read more -
Bitcoin’s $17,600 Unreal Bottom? $2.25 billion in options will expire to increase pressure
Bitcoin has attempted to break out of the downtrend over the past week, failing on its first attempt to break above the $22,600 resistance level on June 16, before rising to $21,400 on a second attempt on the 21st, before retracing 8%. After two failed attempts to break the trend, Bitcoin once fe...Read more -
Fed Chairman: Continued interest rate hikes are appropriate, Bitcoin market volatility has not affected the macro economy
US Federal Reserve (Fed) Chairman Jerome Powell (Jerome Powell) attended a hearing held by the Senate Finance Committee yesterday (22) evening to testify on the semi-annual monetary policy report. “Bloomberg” reported that Powell showed at the meeting the Fed’s determination to ...Read more -
Bitcoin breaks $21,000 and falls back! Mining company Bitfarms stops stockpiling and sells 3,000 BTC a week
According to Tradingview data, Bitcoin (BTC) has continued to rise since it fell below $18,000 on the 19th. It broke through the $21,000 mark at 9:00 last night, but then fell back again. As of the deadline, it was reported at $20,508, nearly 24%. Hourly rose 0.3%; ether (ETH) touched $1,194 over...Read more -
USDT issuer Tether announces GBPT stablecoin will initially support Ethereum
Tether, the leading U.S. dollar stablecoin issuer, issued a press release today announcing that Tether will launch GBPT, a GBP-pegged stablecoin, in early July, and the initial supported blockchain will include Ethereum. Tether issues the world’s largest stablecoin by market value, with a m...Read more -
Twitter’s entire board approves Musk’s $44 billion takeover offer, Dogecoin rises on news
According to an earlier SEC filing, Twitter’s board unanimously approved a $44 billion deal for Elon Musk, the world’s richest man and Dogecoin believer, a few days ago. A general takeover offers. It is understood that the Twitter board of directors submitted a document to the SEC yesterday (6/2...Read more -
CFTC seeks to expand cryptocurrency market jurisdiction, wants to allow regulation of spot trading
According to Reuters, more than 10 years have passed since the birth of Bitcoin, but lawmakers and regulators continue to discuss important issues, such as which regulator should be allowed to regulate digital assets, and now, including U.S. commodity futures Federal regulators, including the Exc...Read more -
Elon Musk: I didn’t say I should invest in cryptocurrencies! Talking about the reasons for supporting Dogecoin, Twitter acquisition
At the Qatar Economic Forum hosted by Bloomberg yesterday (21), the world’s richest man, Elon Musk, attended and was interviewed, in addition to talking about the status of Twitter acquisitions, the US recession, Tesla In addition to supply chain issues, he also talked about the issue of cr...Read more -
Buterin: Cryptocurrencies have gone through peaks and valleys, and there will be ups and downs in the future
The cryptocurrency market staged a massacre over the weekend. Bitcoin and Ethereum both fell to their lowest levels in more than a year, and Ethereum was oversold for the first time since 2018, causing many investors’ anxiety index to break the table. Even so, ethereum co-founder Vitalik Buterin ...Read more -
In the face of the cold winter of the currency market, crypto companies are not only laying off staff! Advertising spending has also dropped by more than 50%
While the market is still growing over the past year, many crypto companies have spent hundreds of millions of dollars on advertising, such as Super Bowl ads, stadium naming, celebrity endorsements, and more. However, when the overall market capital tightens and companies lay off workers just to ...Read more -
Bitcoin breaks $20,000 in the morning! Hundreds of crypto fund ETH wallets lost 85% of blood in three months
Bitcoin (BTC) tried to stand firm after the violent fluctuations over the weekend. Although it once fell to US$19,800 in the early morning of this (21), it quickly pulled back and continued to fluctuate around US$20,000, now at US$20,628; Ether (ETH) also continued to fluctuate around $1,100, wit...Read more -
Bitcoin is dead and then Google’s hot search! BTC has died 15 times this year, 455 in total
Bitcoin has died 15 times in 2022, according to statistics, with the last obituary on the death of Bitcoin on June 18. Financial and economist Peter Schiff tweeted about the Bitcoin obituary that Bitcoin will not recover. Interestingly, Google search data shows that bitcoin is dead hit a new all...Read more -
The market value of USDT has evaporated by more than 15.6 billion US dollars! USDC bucked the trend and innovated as high as $55.9 billion
After the collapse of LUNA in May, the overall cryptocurrency market started a series of stampedes. BTC recently fell below the key water level of 20,000 US dollars. With such drastic fluctuations, even after more than two years, the market value almost showed a gradual rise. The stablecoin leade...Read more -
El Salvador’s President Confident Proclamation: Bitcoin Will Come Back, Patience Is King
El Salvador President Nayib Bukele, who is called the Bitcoin dip king by the circle, said on Twitter yesterday (19) that many people are worried and anxious about the sharp decline of Bitcoin, so he suggested Investors stop looking at those charts and enjoy life, if you are already invested in B...Read more -
Musk: I will continue to support Dogecoin and continue to buy! DOGE jumps 10%
Tesla founder Elon Musk, known as the godfather of Dogecoin, posted at 14:19 earlier today: I will continue to support Dogecoin (DOGE). Indicates that it is continuing to buy Dogecoin. The tweet has been retweeted nearly 6,000 times and liked 41,000 times in less than an hour. The price of Dogec...Read more -
Bitcoin back to $20,000, Ethereum broke 1100! Analysts say bull market will not return until 2024
After Bitcoin (BTC) fell to a low of around $17,600 over the weekend, the carnage in the market seems to be showing signs of slowing down slightly. It started a rapid rebound from Sunday afternoon, and successfully stood on the evening of yesterday and the early morning of this (20) day. At the $...Read more -
Bitcoin flashed below 19,000, Ethereum fell below 1,000! Fed: Shows structural fragility
At around 2:50 pm today (18), Bitcoin (BTC) fell by more than 6% within 10 minutes, officially falling below the $20,000 mark, which is the first time since December 2020 that it has fallen below this level; After 4 p.m., it fell below 19,000 to 18,743 US dollars, the deepest drop in a single day...Read more -
USDC issuer Circle launches euro stablecoin EUROC! Released on Ethereum 6/30
Circle, the issuer of stablecoin USDC, announced yesterday (16) that it will issue Euro Coin (EUROC), a stablecoin pegged to the euro, which is 100% reserved in euros and can be redeemed in euros at a ratio of 1:1 at any time. Circle issues Euro Coin Circle said it will issue Euro Coin because i...Read more -
Bitcoin continues to fall, approaching $21,000! Analyst: May fall below $10,000
Bitcoin conRead more -
Russia reverses! Central Bank: International settlement in cryptocurrencies is allowed, but it is still prohibited at home
The first deputy governor of the Central Bank of Russia (CBR), Ksenia Yudaeva, said at a press conference earlier this month that the central bank is open to the use of cryptocurrencies for international payments, according to local Russian media “RBC” on the 16th. According to reports, Russia se...Read more -
Mark Cuban on Crypto Crash: Buffett is Right! but remain optimistic
Billionaire and Ethereumist, NBA Mavericks owner Mark Cuban expressed his views on the current state of the cryptocurrency market in an interview with Fortune yesterday, despite Warren Buffett’s opposition to cryptocurrencies, calling it a scam. Name, but Mark Cuban still believes that Buff...Read more -
Musk: Twitter’s integration of digital payments is logical! Accused of Dogecoin MLM
Tesla CEO Elon Musk attended an online meeting of all Twitter employees earlier today (17), the first time he has spoken directly with the company’s employees since the acquisition was announced in April; The meeting went all out to articulate his beliefs, stabilizing the military while hop...Read more -
Jurrien Timmer, Global Head of Macro at Fidelity: Bitcoin is undervalued and oversold
Jurrien Timmer, head of global macro at Fidelity, said bitcoin is undervalued and oversold. Jurrien Timmer, who has 126,000 Twitter followers, explained that although Bitcoin has fallen back to 2020 levels, its “price-to-network ratio” has fallen back to 2013 and 2017 levels. This may represent ...Read more -
Founder of Real Vision: Bitcoin will bottom in 5 weeks, bottom-hunting will start as soon as next week
Raoul Pal, CEO and founder of financial media Real Vision, predicted that Bitcoin will bottom in the next five weeks, and even threatened that he would start bottom-hunting as soon as next week and buy cryptocurrencies. In addition, he compared the current bear market to the crypto winter of 2014...Read more -
Fed rate hike of 75 basis points in line with expectations! Bitcoin surges 13% to nearly $23,000
The US Federal Reserve (Fed) announced a 75 basis point interest rate hike at 2 am Beijing time today (16), and the benchmark interest rate rose to 1.5% to 1.75%, the largest increase since 1994, and the interest rate level has been higher than 2020 March pre-coronavirus levels in March to curb r...Read more -
Global layoffs wave! Binance does the opposite: using the bear market to vigorously overhire top talent
Over the past two months, crypto companies have launched a wave of layoffs. The number of layoffs has exceeded 1,500, mainly from exchanges. Coinbase announced that 18% of the layoffs are large, but it needs to be emphasized that this situation is not only in the crypto industry. Including large ...Read more -
Mexico’s third richest man shouts to buy bitcoin! Mike Novogratz says near bottom
Against the backdrop that the Federal Reserve may increase interest rates to curb U.S. inflation, which is at a new high in nearly 40 years, the cryptocurrency market and U.S. stocks fell across the board today, and Bitcoin (BTC) once fell below the $21,000 mark , Ether (ETH) also once fell below...Read more -
Bitcoin continues to fall, approaching $21,000! Analyst: May fall below $10,000
Bitcoin continued its decline today (14th), falling below $22,000 in the morning to $21,391, down 16.5% in the past 24 hours, hitting its lowest level since December 2020, and the cryptocurrency market further fell into bear market territory. Some analysts believe that short-term market condition...Read more -
Gold bulls: Bitcoin will be forced to sell off! Founder of Tianqiao: More BTC and ETH have been bought
Last weekend (12), against the unfavorable backdrop of the U.S. consumer price index (CPI) unexpectedly climbing to a 40-year high in May, the market expects that the Fed will increase the possibility of raising interest rates significantly, and Bitcoin fell once this morning. Breaking the $21,00...Read more -
Bitcoin falls below $25,000! F2pool: Antminer S11 and other mainstream mining machines are approaching the shutdown price
According to data from F2pool, one of the world’s largest mining pools, as the price of bitcoin continues to fall, the full range of Antminer S9 and other mining machines have reached the shutdown price, and electricity costs account for more than 100%. Antminer S11, Avalon 1026, Innosil Mi...Read more -
SBF Interview: Is Bitcoin Gold? Why is BTC falling as inflation increases?
FTX founder Sam Bankman-Fried was invited to participate in “Sohn 2022″ for an interview. The interview was moderated by Patrick Collison, founder and CEO of Stripe, a $7.4 billion payments company. During the interview, the two sides talked about many topics, including recent market ...Read more -
Is mine disaster coming? Bitcoin miners’ daily income has fallen by 50%, Ethereum miners have fallen by nearly 60%
According to Ycharts statistics, the current average daily total income of Bitcoin miners is $28.15 million, a slight increase from $26.57 million the previous week, but a full drop from $40.53 million on May 1 Compared with the peak of 74.42 million US dollars reached on October 25 last year, th...Read more -
Bitcoin fell below $26,000, Ethereum broke below 1400! Fed or more interest rate hikes?
According to Tradingview data, Bitcoin (BTC) has been falling since falling below the $30,000 mark on the 10th. Today, it tumbled more than 9% to $25,728 in a single day, hitting a new low since December 2020; Ether (ETH) single-day It tumbled more than 10 percent to $1,362, its lowest level sinc...Read more -
VanEck CEO: Bitcoin will rise to $250,000 in the future, it may take decades
In an exclusive interview with Barron’s on the 9th, Jan van Eck, CEO of global asset management giant VanEck, made future price predictions for Bitcoin, which is still in a bear market. As a Bitcoin bull, the CEO sees a rise to the $250,000 level, but it could take decades. “Investors see ...Read more -
What does the era of blockchain 3.0 mainly refer to?
We all know that 2017 is the first year of the blockchain outbreak, and 2018 is the first year of the blockchain landing. In recent years, blockchain technology is also developing rapidly, from the era of blockchain 1.0 to the present In the era of blockchain 3.0, the development of blockchain ca...Read more -
Are block rewards the same as mining rewards? what’s the difference?
Speaking of block rewards, many investors do not know much about it. In fact, block rewards are the rewards obtained by miners after solving related mathematical problems and creating new blocks through computing power. For different types of digital currencies, their area the block reward is als...Read more -
How much is the perpetual contract fee? Introduction of Perpetual Contract Fees
Speaking of perpetual contracts, in fact, it is a type of contract trading. A futures contract is a contract that both parties agree to settle at a certain time in the future. In the futures market, the real exchange of commodities often only occurs when the contract expires. at the time of deliv...Read more -
How does Bitcoin mine into real money?
How does Bitcoin mine into real money? Mining is a process of increasing the Bitcoin money supply. Mining also protects the security of the Bitcoin system, prevents fraudulent transactions, and avoids “double spending”, which refers to spending the same Bitcoin multiple times. Miners...Read more -
When are Ethereum miner fees cheapest? When can it come down?
Before we understand when the Ethereum miner fee is the cheapest, let’s briefly understand what a miner fee is. In fact, to put it simply, the miner fee is the handling fee paid to the miner, because when we transfer money on the Ethereum blockchain, the miner must package our transaction a...Read more -
NVIDIA fined $5.5 million by SEC for not properly disclosing the impact of crypto mining on company revenue
The U.S. Securities and Exchange Commission (SEC) announced yesterday (6) the settlement of charges against the technology company NVIDIA. NVIDIA must pay 550 yuan for not fully informing investors in its 2018 financial report that crypto mining has an impact on its company’s business. million do...Read more -
Dialogue with the founder of SAI: successfully landed on Nasdaq to be a Tesla in the field of clean computing power and reduce carbon emissions
It is reported that SAITECH Limited, a computing operator headquartered in Singapore and providing clean computing power, completed the merger with the SPAC (Special Purpose Acquisition Company) “TradeUP Global Corporation (TUGCU)” on April 29, 2022, and will begin on May 2. trade. T...Read more -
Bitcoin mining pool ViaBTC strategic partner SAI.TECH successfully landed on Nasdaq
The strategic partner of ViaBTC, a large Bitcoin mining pool, SAI.TECH Global Corporation (SAI.TECH or SAI), a clean computing power operator from Singapore, successfully landed on Nasdaq. SAI’s Class A common stock and warrants began trading on the Nasdaq Stock Market on May 2, 2022, under...Read more -
Intel chips support Argo to increase computing power target! Bitcoin mining difficulty soars by 5%
U.K.-based bitcoin miner Argo Blockchain said in an SEC filing this month that it has raised its mining power target this year, thanks to the adoption of Intel mining chips. Nearly 50%, growing from the previous 3.7EH/s to the current estimated 5.5EH/s. Argo Blockchain stated in the 2022 outlook...Read more -
U.S. sanctions against Russia first target the mining industry! Block BitRiver and its 10 subsidiaries
It has been nearly two months since Russia started the war against Ukraine, and various countries have imposed sanctions on Russia and condemned the atrocities of the Russian military. The United States today (21) announced a new round of sanctions against Russia, mainly targeting more than 40 en...Read more -
What does computer mining mean? How does it work?
What does computer mining mean? Computer mining is the use of computers to perform hash calculations. When a user “mines” bitcoin, they need to use a computer to search for 64-bit numbers, and then compete with other gold diggers by repeatedly solving puzzles to provide the bitcoin ne...Read more -
New York Congress passes POW ban! Local Bitcoin mining illegal within 2 years
The New York State Legislature recently passed a bill that aims to freeze current levels of crypto mining (PoW) carbon emissions until New York State can act on the impact, and the bill is still under consideration by a New York State Senate committee. According to TheBlock, the bill was passed ...Read more -
How long does it take to mine one bitcoin?
According to the current speed, if the computer is turned on for 24 hours to mine bitcoin, it will take about three months to mine a bitcoin, and the computer needed to mine bitcoin now needs to be more professional. Bitcoin is a virtual encrypted digital currency in the form of P2P. Peer-to-peer...Read more -
The municipal building runs the S9 ant mining machine! Fort Worth, Texas launches Bitcoin mining pilot program
Fort Worth, the sixth-largest city in Texas, has launched a Bitcoin mining pilot program in partnership with the Texas Blockchain Commission, and Fort Worth Mayor Mattie Parker said: “We will be the first in the world to be on-site at the city hall.” Cities where bitcoin mining takes ...Read more -
Why is the computing power of mining machines declining? Analysis of the reasons for the decline of mining machine computing power
Why is the computing power of mining machines declining? 1. During the mining process, many graphics cards are usually connected in parallel for data processing. 2. The working environment where the graphics card is located will be very harsh. It is common for the ambient temperature to reach mor...Read more -
What is the difference between a graphics card mining machine and a professional mining machine? how to choose?
What is the difference between a graphics card mining machine and a professional mining machine? Graphics card assembly mining machine The graphics card mining machine is essentially the same as our desktop computer, except that a few more graphics cards are connected through the adapter interf...Read more -
How to make money from NFT mining? Detailed introduction of NFT mining tutorial
How to make money from NFT mining? Compared with traditional liquidity mining and airdrops, NFT liquidity mining is more widely spread, with more methods, possibilities, and better scalability. That said, it’s still vague, so let’s look at a few cases. Mobox: Through liquidity pools...Read more -
Which mining pool is more reliable for retail investors to choose?
Which mining pool is more reliable for retail investors to choose? The pond is pretty good. Mining in the fish pool requires you to purchase a mining machine, then host it in the mining farm, connect the computing power to the OKEX mining pool, and then distribute the mined bitcoins according t...Read more -
Jack Dorsey re-approves Ethereum: there are many single points of failure, not interested in ETH projects
U.S. electric car maker Tesla CEO Elon Musk dropped a shock on the 14th to fully acquire social media giant Twitter for $43 billion, followed by Ethereum co-founder Buterin (Vitalik Buterin tweeted his personal views on Musk’s acquisition of Twitter. Buterin said he doesn’t object to ...Read more -
Binance Coin Completes Quarterly Burn: Over 1.83 million BNBs are automatically destroyed, worth $740 million
Binance, the world’s leading cryptocurrency exchange, announced yesterday (19th) that it has completed the 19th burn of its platform currency BNB, which is also the first time that Binance has executed an Auto-Burn this quarter (2022Q1). According to data from “BNBBurn.info”, th...Read more -
Tesla, Block, Blockstream team up to develop solar-powered Bitcoin mining factory
Block (SQ-US), Blockstream (Blockstream) and Tesla (TSLA-US) announced a partnership to start building a solar-powered bitcoin mining facility powered by Tesla Solar on Friday (8th), scheduled for later this year Completed late, it is estimated to generate 3.8 megawatts of solar energy to mine Bi...Read more -
The PS5 eliminated chips are suspected to be used to form ASRock mining machines with a computing power of 610MH/s
ASRock, a leading manufacturer of motherboards, graphics cards and minicomputers, recently launched a new mining machine in Slovenia. The mining machine is equipped with 12 AMDBC-250 mining cards and claims to have a computing power of 610MH/s. And these mining cards may contain Oberon chips tha...Read more -
The 2022 Bitcoin Conference ended last week, 4 key points to analyze the future mining trend
The 2022 Bitcoin Conference kicked off in Miami last week, and the mining industry took up almost half of the space at this year’s show, with several presentations. 1. There is no middle ground for miners Today’s mining companies are scaling at an ever-increasing rate, and if the average miner is...Read more -
What happens when the mining is over with the defi pledge?
With the continuous development of defi, the business of pledge mining is becoming more and more mature. At present, many wallets and exchanges have begun to provide users with recommended pledge mining services. This measure of wallets and exchanges can be said to greatly reduce the technical th...Read more
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