Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
фото показано с : cointelegraph.com

2022-12-20 18:06

The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.

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bitcoin essentially executed deal restructure company mining

bitcoin essentially → Результатов: 126


Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high

Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain.

2021-6-28 15:40


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Elon Musk Seemingly Agrees Claims Of Him Being A Crypto Market Manipulator Are Hypocritical

Tesla CEO Elon Musk has had a uniquely massive influence on the world’s largest cryptocurrency price movement by market capitalization. Through a couple of tweets, announcements, and a Saturday Night Live appearance, the eccentric billionaire has sent the price of bitcoin on a roller coaster, essentially putting the cryptocurrency’s investors in a vulnerable position. Whatever […]

2021-6-6 19:13


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MoneyGram Debuts Cash-For-Bitcoin Trades At Over 12,000 Locations

Physical cryptocurrency ATMs were one of the first markers of progress for the crypto industry starting from the early to the mid-2010s. Crypto ATMs essentially indicated that there was significant demand for cryptocurrency, specifically bitcoin, and as the markets for cryptocurrency have grown, so has the prevalence of bitcoin and general crypto ATMs. Now, MoneyGram […]

2021-5-13 00:11


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The Power of ETH and BCH: Smart Bitcoin Cash Project Highlights Innovative Sidechain

On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able to leverage decentralized applications (dapps) without paying […]

2021-4-2 05:30


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Pundit On Why the Impact of Bitcoin Mining is a Net Positive for the Environment

Bitcoin critics have not relented in reiterating their consensus belief that Bitcoin allows for an excessive waste of energy due to the high demand of electrical power needed for mining activities. While it is indeed true that Bitcoin mining consumes a truckload of energy, an interesting case for Bitcoin mining as an essentially valuable practice […]

2021-2-14 22:38


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Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget

According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics annual meeting, Powell highlighted that the federal budget was essentially a disaster, but stressed that “now is not the time […] The post Fed Chairman Claims ‘Now Is Not the Time’ to Worry About the Federal Budget appeared first on Bitcoin News.

2020-10-8 15:00


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Jimmy Song Predicts Ethereum at $97 by Year-End, Fears PoS “Will Essentially Centralize ETH in Some Serious Ways”

Ethereum is said to be “highly undervalued” because of the role the network plays in DeFi development and it is expected to become more valuable as it migrates to Proof-of-Stake. On the contrary, a Bitcoin developer and the author of ‘Programming Bitcoin’, Jimmy Song sees Ethereum price dropping as low as $97 by the end […]

2020-7-15 16:54


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Bitcoin Cash Halving Tomorrow: Will It Predict Bitcoin’s Future?

Bitcoin Cash (BCH), the world’s fifth-biggest cryptocurrency asset by market cap, will be undergoing a halving tomorrow. With Bitcoin’s (BTC) third halving just over a month away, will BCH offer us a peek into what the future holds? Halving events are usually bullish as they essentially throttle the supply and historically have resulted in an […] The post Bitcoin Cash Halving Tomorrow: Will It Predict Bitcoin’s Future? appeared first on BeInCrypto.

2020-4-7 17:10


Bitcoin, regardless of global concerns, will continue being 'safe-haven': Binance's Coley

People invest in Bitcoin believing it to be an uncorrelated asset; something which can be used as a hedge against financial calamity. Since Bitcoin was essentially born during one, the narrative only The post Bitcoin, regardless of global concerns, will continue being 'safe-haven': Binance's Coley appeared first on AMBCrypto.

2020-3-20 11:00


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Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency

With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto.

2020-1-28 09:18


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Craig Wright Claimed He Would Reveal a Critical Bug in Bitcoin and Litecoin — Then Didn’t

November 15, 2019, has come to pass, and yet another claim from Craig Wright has proven to be nothing more than conjecture. One year ago, Wright claimed in a tweet that after a year’s time, he would release details on an alleged unrepairable flaw in both Bitcoin (BTC) and Litecoin (LTC) that essentially renders both […] The post Craig Wright Claimed He Would Reveal a Critical Bug in Bitcoin and Litecoin — Then Didn’t appeared first on BeInCrypto.

2019-11-18 15:15


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Craig Wright Predicted Bitcoin, Litecoin Should Be Dead By Now

Craig Wright, self-proclaimed creator of Bitcoin (BTC) is no stranger to controversial statements. But his prediction made this time last year certainly stands out as one of his biggest claims.   November 2019 Was Supposed to Be the End Back in November 2018, Wright stated in a rather cryptic manner that he had information which would essentially see both Bitcoin and Litecoin “killed”.

2019-11-13 19:15


Неизвестный майнер добыл 24 блока в сети Bitcoin Cash за два часа

Действия неизвестного майнера, в настоящее время контролирующего свыше половины хешрейта Bitcoin Cash, дают «огромный повод для беспокойства», отмечают аналитики портала Zero Noncense. 1/ After looking deeper into this issue, there is *enormous cause for concern* as the entity in question on the Bitcoin Cash blockchain essentially has full control over the chain at this point in […]

2019-10-28 10:05