Mining

With Bitcoin halving set to take place on May 12 and 22 days left, institutional investors are catching the fever and can’t help taking advantage of the crypto asset’s huge opportunities.Bitcoin halving has become the internet new order, with its searches scaling by the day. With a lot of anticipation leaning on a possible bull rally, institutional investors are rushing to claim a share of the pie. The block halving event is scheduled to take place on May 12, 2020, whereby the Bitcoin mining...

The coronavirus has shut down many non-essential businesses, and that has affected the bitcoin mining arena in many ways.It All Depends on Where Bitcoin Mining HappensFor several bitcoin mining ventures, where they’re located has a lot to do with whether they’re permitted to run normally during the pandemic. In Canada, for example, bitcoin mining and the extraction of new cryptocurrencies is considered essential. Thus, many firms have been allowed to remain open, though some report that their...

The bitcoin halving has got everyone on edge, and searches surrounding the term are at an all-time high.What’s Going to Happen with the Bitcoin Halving?Bitcoin has halved in the past, so it’s not like the event scheduled for this coming May is anything special. However, many analysts say that bitcoin’s future may ride on this single halving for several reasons, as it will likely determine whether bitcoin’s price spikes to its all-time high again.A halving means that the number of block...

In less than a month, the third Bitcoin block halving, arguably the most anticipated event in the crypto space as of now, will take place. After the halving, the reward that miners receive for verifying transactions and maintaining the Bitcoin network will be cut in half. In theory, the price of Bitcoin should increase after rewards divvy up, as it means Bitcoin will become even scarcer. Recall these mining rewards are the way new Bitcoin is created, and cutting them in half means that new...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 863. Heute sprechen wir über folgende Themen: FINMA beginnt Bewilligungsverfahren für Facebook Coin, Purse.io schliesst die Pforten & Ölfirmen werden in 5 Jahren Bitcoin Mining dominieren. 1.) FINMA beginnt Bewilligungsverfahren für Facebook Coinhttps://www.btc-echo.de/libra-lbr-finma-beginnt-bewilligunsverfahren-fuer-den-facebook-coin/ 2.) Bitcoin-Based Payment Facilitator Purse.io Shuts...

The coronavirus has had terrible effects on the cryptocurrency arena, but nothing has suffered the way crypto mining companies have suffered. The latest venture to fall victim to the stifled COVID-battered economy is Hut 8 Mining Group, a crypto mining firm stationed in Canada.Hut 8 Is the Latest Company to Get HitRecently, the company issued a statement detailing some of the concerns it had regarding how to keep its operations steady. Hut 8 says it’s experiencing heavy delays in the delivery...

Bitcoin (BTC) mining might be the long-awaited savior to the falling oil industry and might also help in stamping the legitimacy of the asset in North America and in other corners of the world.Bitcoin (BTC) mining has been a very lucrative business for most huge firms in the greater Asian region. However, with the onset of the coronavirus crisis, things have been destabilized and the serendipity of events have made the rest of the world to diversify their businesses. As the world struggles to...

The argument surrounding next month’s highly anticipated bitcoin halving is revving up.The Bitcoin Halving: Could Be Bad, Could Be GoodThe bitcoin halving is slated to bring the number of block rewards garnered by bitcoin miners down by half. The event is designed to control inflation and ensure bitcoin maintains a level of rarity that keeps it popular and useful in today’s growing financial markets.While bitcoin has halved before, this event seems to be garnering more attention than past...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 860. Heute sprechen wir über folgende Themen: Bitcoin Stock-to-Flow mit 100.000 USD Mondprognose gescheitert, Monero Mining mit dem Handy & Craig Wright zieht Klage gegen Adam Back zurück. 1.) Bitcoin Stock-to-Flow mit 100.000 USD Mondprognose gescheitert? Analysten zeigen möglichen...

New regulations for cryptocurrencies are in the making in the EU. Lawmakers are considering creating a new regulatory body after the parliament has published a paper pointing out some legislative “blind spots” concerning the supervision of crypto assets in the European Union.Lawmakers Say Crypto Mining Might Be Used for Money LaunderingIt’s a bit of a throwback to December 2019 when The Fifth Anti-Money Laundering Directive (5AMLD) – an updated legislation version, was announced. The updated...