Tag Archives: Bitcoin Mining

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...

Money Plane Der Gangsterfilm Money Plane widmet sich mit Starpower dem Thema Kryptowährungen. Kelsey Gramer und Denis Richards machen sich auf, eine wertvolle Bitcoin-Fracht aus einem Flugzeug zu befreien. Wie detailgetreu die Darstellung der digitalen Währungen ausfallen wird, bleibt abzuwarten. Der Trailer gibt bereits einen ersten Einblick in die Story. In Money Plane dreht...

It looks like North America is about to become a major player in the bitcoin mining sector thanks to companies like Core Scientific.Core Scientific Is Paving the WayThe enterprise has recently inked a deal with a mining equipment venture in Malaysia to purchase more than 17,500 Antminer machines from Bitmain. The company has already gotten its hands on some of these machines and have installed them so that miners can begin extracting new coins. The rest of the machines are slated to arrive by...

We’ve often heard about how much bitcoin is presently circulating throughout the financial markets. At the time of writing, about 18 million units of BTC have been extracted or mined since the currency was founded, which means that there are only about three million units left.Bitcoin Is Close to Being Fully MinedBitcoin is a finite currency. It cannot be continuously printed or developed the way fiat can, and analysts say there are only about 21 million bitcoin units available to the world....

Canaan Creative has some monster-sized decisions to make if it wants to stay in business and compete with the likes of Bitmain and other mega mining ventures.Canaan Creative Isn’t Where It Needs to BeCanaan Creative is arguably the second-largest crypto mining firm in China after Bitmain, and yet the company isn’t doing so hot since the halving. Stock shares in the company have fallen well below the two-dollar mark, suggesting that people just aren’t interested in the company’s equipment – or...

No doubt bitcoin has been moving through hoops and tunnels since the coronavirus took hold of the global economy, but thanks to companies like Grayscale, it doesn’t look like the currency is about to lose its steam anytime soon.Grayscale Is One of Many Companies Supporting BTCBack in March, the currency saw its price fall into the mid-$5,000 range. This was after it had spent the whole previous month trading for well over $10,000, a price the currency hadn’t seen in roughly half a year. From...

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of the highly-anticipated third halving.The Halving Didn’t Affect Bitcoin Earnings MuchMay really had everyone up in arms over the halving. The event had people excited just as much as it had them worried. Crypto analysts went back and forth about what would happen following the halving. Crypto would go up very quickly; it would come down with a thundering...

Diese Meldung, so skurril sie tönt, ist wahr und erschien tatsächlich gestern in der South China Post. Eine Ölfirma in der nordchinesischen Stadt Daqin hatte die Polizei gerufen, nachdem die Stromzufuhr nicht konstant funktionierte. Die lokale Polizei entdeckte dann auf einem Feld mysteriöse Grabhügel.Die findigen Beamten entdeckten dann Zugänge zu diesen Hügeln und darin Bitcoin Mining Geräte, welche...

It’s funny how more than two weeks have passed since bitcoin’s famed third halving, and yet people are still talking about it as though it were fresh news. Bitcoin IRA – despite the big gap between now and the occurrence – has unveiled a new report that discusses the company’s alleged findings pertaining to the halving and what traders can expect in the coming future.Bitcoin IRA Reveals Some New DataA halving occurs for bitcoin every four years. The previous two occurred in 2012 and 2016,...

Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining centers.Bitfury Allows Investors Access to MiningAccredited investors (or institutional investors, as they’re often called) are widely considered to be among the primary ingredients in making bitcoin and other forms of cryptocurrency more mainstream and legitimate. However, institutional players have shown a great reluctance to enter the...