Mining

Bitcoin has come a long way in a relatively short period, but for some, the world’s number one digital currency by market cap has no place in the future of finance. They are convinced the currency will not last much longer. That’s a direct quote from Eswar Prasad, the senior professor of international trade policy at Cornell University. Eswar Prasad Thinks Bitcoin Doesn’t Have Much Going for It Bitcoin first emerged through a whitepaper that was published in the year...

Während sich die Situation in der Türkei zuspitzt, sinkt die BTC Hashrate um etwa ein Fünftel. Damit haben wir eine geopolitische Marktlage, die den Preis anschieben sollte, aber gleichzeitig ein bearishes Signal, welches einen weiteren Kursabfall ankündigt. Bitcoin News: Bitcoin Hashrate sinkt um 20 ProzentDie Lira ist gestern um weitere 8 Prozent abgestürzt – damit hat die türkische Staatswährung in diesem Jahr bereits mehr als 50 Prozent seines Wertes verloren. Das neue Allzeittief der...

The Chamber of Senators of Paraguay passed a bill on Thursday that would regulate and commercialize crypto trading and mining activities in the country. Paraguay’s Senate Approves Crypto Bill Sen. Fernando Silva Facetti, one of three senators sponsoring the legislation, confirmed the approval on Twitter, saying that the bill now awaits deliberations from the Chamber of Deputies of Paraguay next year. (1/3) Today, after an intense debate, the Senate @SenadoresPy approved...

[PRESS RELEASE – Sofia, Bulgaria, 16th December 2021] DeFi-focused crypto wallet by Ambire is out of beta and accepts registrations. Ambire Wallet is a new-generation non-custodial and open source smart wallet that offers its users easy access to DeFi, enhanced user experience and a focus on security. For the past few weeks the wallet has undergone extensive auditing and beta testing with more than 5,000 accounts, and is now open to everyone interested in cryptocurrency and...

Canaan Inc – one of the largest bitcoin mining companies in the world – is now the subject of a class-action lawsuit brought forth by several investors through a Manhattan court. A federal judge has ruled that a Hong Kong couple should lead the securities-fraud suit against the firm even though the filing was delivered late. Canaan Is at the Center of a Heavy Suit The decision was made by U.S. District Judge John Cronan, who believes that Bill Lu and Liyang Huang are the...

Bitcoin-Hashrate (TH/s), Januar bis Dezember 2021 Die weltweite Hash-Rate erreicht bald einen Rekordstand, was sich auf das Kryptowährungsverbot in China zurückführen lässt, denn die durch chinesische Miner hinterlassene Lücke wird in neuen Ländern ausgefüllt. Die Hash-Rate von Bitcoin bewegt sich laut Blockchain.com mittlerweile bei 172 Millionen Terahashes pro Sekunde. Dieser Wert wurde bereits einmal im Mai 2021 erreicht. Genau in diesen Tagen...

[PRESS RELEASE – Singapore, Singapore, 9th December 2021] izumi, the innovative protocol that provides programmable liquidity mining on Uniswap V3, has successfully closed its Series A fundraising round of $3.5 million. Including this last investment round, izumi has raised a total of $5.6 million. The recently acquired funds are going to facilitate izumi’s native token (iZi) launch, which will happen on December 20 and will be immediately followed by the launch of the izumi...

Google has filed a lawsuit against two individuals living in Russia over a botnet they used to infect several computer networks for the purpose of mining cryptocurrency. Google Goes After Glupteba The botnet not only stole crypto assets but the personal information of unsuspecting victims. Google has worked with several internet infrastructure companies to remove servers that the hackers were using to control the networks they infected. The botnet has been deemed null...

It has taken the bitcoin hash rate less than six months to recover from its China-induced crash. The metric, displaying the robustness of the world’s largest blockchain, has increased by roughly three-fold since late June and is close to the ATH tapped in May. BTC’s Hash Rate Nears ATH Six Months Later The hash rate reached an all-time high in May this year at nearly 200 Ehash/s, according to data from BitInfoCharts, when the situation changed vigorously. China, the world’s...

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...