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SKALE Pacifica V3 Upgrade: Increases Transaction Throughput by 122% and Accelerates Block Mining Speed by 108%

[PRESS RELEASE – Brussels, Belgium, July 10th, 2024] SKALE is enhancing scalability and efficiency for over 10 million monthly active users, solidifying its position as one of the world’s most efficient blockchains. SKALE, the gas-less EVM-compatible modular blockchain network, today launched the Pacifica V3 upgrade which accelerates block mining speed by 108% and increases transaction throughput by 122%. Leveraging its unique modular AppChain architecture, this upgrade...

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Hut 8 Secures Power Deal to Open Data Centre in Texas

Hut 8, a well-known Bitcoin mining firm, has secured a deal to acquire 205 megawatts of power in West Texas, as well as the land needed to set up its data center. This move takes the miner’s energy capacity up to 1,300 megawatts. Hut 8’s power purchase agreement (PPA) with Texas will place it next to a wind farm. This deal will also have Hut 8 channel into a reliable power source, as the location is connected to the Electric Reliability Council of Texas (ERCOT), supplying 90% of Texas’ power...

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Could WienerAI Replicate MINU’s Succes? Viral Presale Raises Over $7M

Just when it looked like meme coins were cooling off, along comes Minu (MINU). This dog-themed token has surged 26% in the past day and topped the meme coin gainers list. But MINU isn’t the only coin performing well. WienerAI (WAI), an AI-themed project still in presale, has gone viral after passing the $7.2 million funding milestone. MINU Surges on Unique “Mining Dog Coin” Model In a surprising twist, MINU’s price has exploded. The token now trades at $0.000000272, with its...

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Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns

Bitcoin is currently down 23% from its peak price, with most of those losses coming over the past week. The summer crash had been predicted on the premise that the four-year cycle was too early to peak. On July 7, market analyst Benjamin Cowen eyed the Bitcoin bull market support band (BMSB) as a key technical indicator to determine if the asset will recover later this year. BMSB a Key Indicator The analyst compared current trends to historical patterns from 2013, 2016, 2019,...

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Bitcoin Mining: Understanding the Process and Realities

Bitcoin is the flagship cryptocurrency, and it has become very popular due to its surge in value and huge price swings since its creation in 2009. As Bitcoin and cryptocurrency prices have surged in recent years, it is understandable that people are interested in how Bitcoin mining works. However, Bitcoin mining isn’t a good prospect for many individuals since it is very costly to run and quite complex. Below, we will explore the process of Bitcoin mining and other things you should know. ...

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Asteroid Mining: Kommt Wasser bald aus dem Weltall?

Die Suche nach Wasser im Weltraum ist nicht neu, doch die Möglichkeit, es kommerziell abzubauen, rückt durch Asteroid Mining in greifbare Nähe. Asteroiden, die Überreste der Planetenbildung, sind reich an wertvollen Rohstoffen, darunter auch Wasser. Dieses Wasser könnte nicht nur zukünftige Weltraummissionen unterstützen, sondern auch zur Erde transportiert werden. Wasser als Schlüsselressource im All Wasser ist im Weltraum von entscheidender Bedeutung. Es dient nicht nur als Trinkwasser für...

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Bitcoin Miners Are Operating at Losses After the Asset Dipped Below $54,000

Only five miners remain profitable after bitcoin dropped to prices below $54,000, said f2pool, a crypto mining firm.  “With #Bitcoin trading below $58k, what is the current profitability for mining? At a rate of $0.08/kWh, ASICs less efficient than 23 W/T operate at a loss,” the miner said in an X post. The same post displayed a graph showing profitable miners at this price range. Source: f2pool on X At asset prices below $54,000, only four of Antminer’s rigs and one of Avalon’s remain...

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Very Few Bitcoin Mining Machines Profitable Below $56,000: F2Pool Data

On July 5th, Bitcoin fell below $54,000, experiencing a decline of over 6% in the past 24 hours due to increasing bearish pressure. The market downturn intensified after Mt. Gox, an early cryptocurrency exchange that went bankrupt over a decade ago, started to repay its customers following a lengthy bankruptcy process. The latest downturn has rendered several Bitcoin mining machines unprofitable. According to the latest data from f2pool, only six mining machines remain...

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GOMINING Token to be Listed on HTX Crypto Exchange

[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the GoMining platform, will be listed on the HTX crypto exchange on Monday, July 8, according to a joint statement made by HTX...

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