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Bitcoin (BTC) Miner Capitulation Minimal: Hash Ribbon Analysis Offers Hope Amid Dip

Before the green light for spot Bitcoin exchange-traded funds (ETFs), the crypto sphere anticipated a bullish surge. Even with the leading asset surpassing the $49,000 mark after the US Securities and Exchange Commission’s (SEC) green signal for 11 spot BTC ETFs, prices took a downturn following the trading debut of eight of them. Hovering below $43,000, Bitcoin appears to have been trapped within a tight trading range for more than two weeks now. As such, miners resorted to...

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Bitcoin-Mining könnte den Ausbau erneuerbarer Energien fördern

In den letzten Jahren hat die Diskussion um Bitcoin und seine Auswirkungen auf die Umwelt an Intensität gewonnen. Einer der Hauptkritikpunkte ist der hohe Energieverbrauch, der mit dem Bitcoin-Mining verbunden ist. Doch es gibt eine zunehmende Anzahl von Experten und Studien, die darauf hinweisen, dass Bitcoin-Mining tatsächlich dazu beitragen könnte, den Ausbau erneuerbarer Energien zu beschleunigen. Bitcoin-Mining ist ein energieintensiver Prozess, bei dem Computer...

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Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant

A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest analysis by CryptoQuant. Miners Brace for Reduced Rewards in Halving A notable reduction was observed in the Bitcoin reserves held by miners, coupled with a...

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Dis Siri : le minage c’est bien ?

Proposée par Sébastien Gouspillou, CEO de BBGS, cette conversation avec ChatGPT répond à une charge de Luc Julia contre Bitcoin, qualifié « d’aberration écologique ». Luc Julia est un des concepteurs de l’assistant vocal Siri. Sébastien : Le bitcoin mining est-il une catastrophe écologique comme l’affirment certains ? ChatGTP : Le débat sur l’impact environnemental du Bitcoin mining est complexe. Certains critiquent sa consommation...

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Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

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Jack Dorsey Believes Bitcoin Will Drive ‘World Peace’ and ‘Energy Abundance’

In a recent interview, Jack Dorsey and Luke Dashjr shared their insights on the current state and future trajectory of Bitcoin. The interview also shed light on Ocean Mining’s innovative efforts to combat the centralization of mining pools. Bitcoin’s Journey and Future When asked about their general impression of Bitcoin’s journey so far, Dashjr remarked that Bitcoin has evolved from a “toy project” to a serious endeavor in recent years. Dorsey echoed this sentiment, stating...

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Core Scientific Successfully Emerges from Chapter 11 with Enhanced Financial Position

Bitcoin miner Core Scientific has completed its reorganization and is coming out of Chapter 11 with an improved financial position. In the latest statement, the company said it anticipates initiating the listing of its common stock, tranche 1 warrants, and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW, and CORZZ, respectively, starting from January 24, 2024. Core Scientific Emerges From Chapter 11 According to the official press release,...

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Here’s Why Bitcoin’s Hashrate Fell by 25% 3 Months Before Next Halving

The Bitcoin hashrate has experienced a 25% drop since the weekend, raising concerns about the security of the network just ahead of the highly anticipated “halving” event. Data sourced from BTC.com reveals a decline in global hashrate estimates from approximately 600 EH/s on Friday to 450 EH/s by Tuesday. Texas Cold Weather Affects Bitcoin Hashrate The Bitcoin hashrate drop coincided with a weather warning issued by the Electric Reliability Council of Texas (ERCOT) for...

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Core Scientific Secures Approval to Emerge and Re-list on Nasdaq by January 2024

Core Scientific, a provider of blockchain computing data centers and software solutions, announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Chapter 11 plan of reorganization. With the Bankruptcy Court’s approval, Core Scientific is now set to emerge and re-list on the Nasdaq by the end of January 2024. Exiting Bankruptcy Under the terms of the plan, shareholders, as of the expected record date of January 23, 2024, will be...

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