Thursday , March 28 2024
Home / Tag Archives: Mine Bitcoin (page 26)

Tag Archives: Mine Bitcoin

Bitcoin Halving Internet Searches Have Seriously Spiked

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...

Read More »

Hut 8 Is the Latest Mining Company to Suffer from the Coronavirus

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...

Read More »

BTC Options Traders: The Bitcoin Halving May Result in Falling Prices

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...

Read More »

Now You Can Buy Bitcoin Mining Equipment at a Discount

Bitcoin mining has taken a real hit over the past month. Thanks to the coronavirus pandemic, the mining sector has experienced a huge fall in activity due to a bitcoin selloff and lagging rewards.Bitcoin Mining in Serious TroubleMany bitcoin mining firms are now looking at the situation differently. They figure they can still make a profit granted they work with people’s present situations. Thus, several are looking to sell bitcoin mining equipment at a discount. This way, they can earn...

Read More »

Riot Blockchain Is Suffering Thanks to the Coronavirus

The bitcoin mining arena is being heavily impacted by the coronavirus. Among the biggest firms being hit is the Nasdaq-listed Riot Blockchain, which recently submitted a report explaining that the global pandemic is taking a massive toll on its operations.Riot Blockchain Is the Latest CasualtyIn the report, the mining firm explains two major factors under the headline “general risk” that it feels are particularly dangerous to its operations. For one thing, many workers have been forced to...

Read More »

HIVE Purchases BTC Mining Firm Based in Canada

Ether mining, bitcoin mining… At the end of the day, for companies like HIVE, it’s all part of the same process: extracting new coins and placing them on the market to be sold, traded and hodled if need be.HIVE Expands Its Mining PowerThat’s why an ether mining company has just purchased a bitcoin mining firm. Sure, the coins may be different, but if the technology and the methods of extraction are virtually the same, why the heck not?The company making the purchase is known as HIVE...

Read More »

CME Group Looks to Unveil Its Own Token and Extract Cryptocurrency

The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...

Read More »

BTC Mining Ventures Like California’s Digital Farms Are Being Forced to Close Their Doors

The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises don’t see a point in keeping their doors open so long as the asset’s price suffers, and some companies – like mining venture Digital Farms in California – have decided to shut down “indefinitely.”Digital Farms Will Close Down for a WhileThis isn’t the first time we’ve seen the mining industry...

Read More »

Could Bitcoin Fall by $4,000 Before May’s Halving?

It’s hard to know where bitcoin will go from here. While the last few days have been relatively positive in that bitcoin has spiked beyond the $6,000 line – more than $1,000 from where it stood previously – the currency still faces a very strange and unpredictable future given the amount of political uncertainty that exists due to the expanding coronavirus pandemic.Where Does Bitcoin Go From Here?In addition, the currency is set to undergo a halving in May that many analysts and enthusiasts...

Read More »

Bitcoin Popularity Is Growing Heavily Amongst Middle Easterners

As of late, many people have been questioning whether bitcoin qualifies as a “safe haven” asset. Some say no, considering it was not able to withstand the pressures caused by panic over the coronavirus.The Middle East Sees Bitcoin DifferentlyHowever, it looks like many traders and miners in the Middle East would disagree. Evidence suggests that bitcoin and other forms of crypto qualify as safe havens in these states, given they face tough economic conditions and sanctions brought on by the...

Read More »