Mining

As bitcoin’s price added roughly $4,000 in a day, on-chain data shows that miners have enhanced their holding mentality and stopped disposing of their coins.At the same time, institutional investors continue accumulating large portions of BTC after another sizeable withdrawal from Coinbase worth over $800 billion.Miners HODLMiners, also known as the backbone of the Bitcoin network, receive coins as rewards for the work they put in to maintain BTC’s blockchain. Their behavior and approach...

We all know that the concept of virtual currencies and the BTC market itself can be very technical and complex. However, factors as basic as the increasing mainstream acceptance, are influencing the market as well. Other factors include the quantity of total power and electricity required for mining the new bitcoins, and how available the coin is to the masses. BTC has been known to increase in value over time, and in the recent past, it has taken giant leaps in its...

We keep seeing cases of institutions and largescale enterprises purchasing bitcoin and other forms of crypto to ensure their portfolios remain diverse and they can protect themselves against inflation as the U.S. dollar is subjected to weak economic conditions. After firms like MicroStrategy, Square and Tesla have all bought bitcoin, it looks like DMG Blockchain Solutions is the latest company to join the bitcoin-buying ranks. DMG Blockchain Solutions Will Mine and Buy...

Entretien avec Alexandre Vinot, co-fondateur de la société WisElement et de la marque WiseMining à l’origine du projet d’une chaudière permettant de miner du bitcoin passivement et sans surcoût électrique. Réalisation : Univers Bitcoin, « podcast crypto francophone où l’on parle des fondamentaux du bitcoin mais pas que… » A retrouver sur :– Itunes : podcasts.apple.com– Spotify : open.spotify.com– Deezer : deezer.com– Google Podcast : podcasts.google.com–...

Pakistani province plans to establish two hydroelectric-powered pilot mining farms, hoping to get further exposure to cryptocurrency adoption.Keeping up with the Global Crypto Bullish TrendsThe Pakistani province of Khyber Pakhtunkhwa is reportedly drafting plans to get into the cryptocurrency flow by building two hydroelectric-powered pilot mining farms. According to a recent news report, the region’s authorities have committed to capitalizing on the bullish trends of the global...

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

Entretien avec Alexandre Vinot, fondateur de WisElement, startup française développant des solutions innovantes qui permettent de diminuer la consommation énergétique des bâtiments, et créateur de Sato (sous la marque WiseMining), une chaudière d’appoint qui utilise la chaleur produite par des Asics Bitcoin pour produire de l’eau chaude. Réalisation : Rogzy, animateur de la chaine Youtube Découvre Bitcoin et du site internet decouvrebitcoin.com. A suivre également...

In light of the recent performance of the Nvidia cards, Ethereum miners are most likely going to be drawn into purchasing the cards.When Nvidia launched a new system to help it drastically reduce the hash rate of mining the second largest crypto asset by market cap, Ethereum, on its new RTX 3060 graphics card last month, little did it know that malicious actors were waiting in the wings to pounce on it. Reports have emerged that crypto miners have been able to outmaneuver the system and they...

A man in Washington named Malachi Salcido is being sued by multiple investors who claim he falsely touted himself as a crypto mining expert. Malachi Salcido Is Being Sought for Misuse of Funds Salcido allegedly owned a company called Step Change, which was built to mine and extract new digital coins. Investors plunked down as much as $8.5 million into the company, only to see it completely dissolve not long after. They are now out all that money and say they were lied to...

After temporarily breaking the ice on bitcoin regulations, the Indian government is doubling down its efforts to restrain cryptocurrency use. A new bill on the way could place cryptocurrency holders and miners at risk of fines and possible jail time.New Indian Anti-Bitcoin Bill On the CardsA fresh Reuters report claims that India is preparing a new heavy-handed anti-bitcoin bill. Previous regulations in the country targeted the use of private coins, but the new bill will outrightly...