Bitramo releases powerful crypto miners!

Crypto mining enthusiasts around the world are going through exciting times since the launch of Bitramo miners. This blockchain technology startup has recently stormed into the crypto market with threThe post Bitramo releases powerful crypto miners! appeared first on AMBCrypto.

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Bearish Signal: Why Bitcoin Miner Sell-Offs May Continue

Bitcoin miners have borne the brunt of the bear trend since it began. They watched cash flow plummet on their machines, forcing them to look to other ways to finance their operations. The natural response to this was for public miners to dip into their bitcoin reserves and begin selling off BTC to keep their operations going.

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As Bitcoin Slumps, BTC Miners Sell Of Their Tokens Creating Panic In The Market

The broader crypto market has been in a state of a downward price swing, with Bitcoin going lower almost daily. Before now, Bitcoin miners have put away some BTC tokens waiting for their sunny days to reap.

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The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state.  The New York State Assembly will […]

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Why Are Bitcoin Mining Rigs In A Downward Spiral

Data shows the prices of Bitcoin mining rigs have been going down for a while now as profitability for miners has been observing a shrink. Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Recently As per the latest weekly report from Arcane Research, BTC mining rigs are now at their lowest cost […]

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Report: Woes under the Infrastructure Bill to be answered by the Treasury

The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to prThe post Report: Woes under the Infrastructure Bill to be answered by the Treasury appeared first on AMBCrypto.

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Publicly-Traded Bitcoin Miners Holdings, Hash Rates Going Up And To The Right

January once again saw the bitcoin holdings and hash rates of publicly-traded bitcoin miners go “up and to the right.”

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A drop in Bitcoin mining cash flows, shares, but here's the silver lining

It should have been a fun-filled holiday season for Bitcoin miners and those investing in Bitcoin mining stocks. Especially based on how 2021 was going. However, it now seems that the holiday blues haThe post A drop in Bitcoin mining cash flows, shares, but here's the silver lining appeared first on AMBCrypto.

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Bitcoin Miners Hold Off On Selling As Their Reserves Reach 2021 High

On-chain data shows Bitcoin miner reserve is growing as miners are accumulating BTC. The Puell Multiple confirms that miners don’t want to sell at the current price level. Bitcoin Miner Reserves Grow To Highest Value For The Year As pointed out by a CryptoQuant post, BTC miner reserve has been going up as miners seem to be waiting before selling.

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US House of Representatives to Vote on Controversial Infrastructure Bill Today

The controversial trillion-dollar infrastructure bill that included an overreaching definition of ‘broker’ covering crypto miners, stakers, lenders, and decentralized applications, is now going for a vote in the US House of Representatives on Friday.

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Bitcoin Bearish Signals Go Off Despite Recovery Above $44k, Dead Cat’s Bounce?

Bitcoin observes a few different bearish signals going off despite strong recovery above $44k, could it be a dead cat’s bounce? On-Chain Data Shows Bitcoin Miners Have Started Selling, Funding Rates Have Turned Negative   As explained by a CryptoQuant post, a bunch of bearish Bitcoin signals have gone off despite some fresh movement up.

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China’s Goodbye to Crypto Mining NFT Sells For $2 Million

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Great Migration of Bitcoin Hashpower Sees 50% Of Miners On The Move – A Look At The Magnitude Of This Event On The Market

The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from China in huge numbers, but is, however, not forcing these miners to spend their accumulated Bitcoins as would be expected. […]

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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining

Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments.

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China’s State Media Promotes Bitcoin Miners Going Green in Country & Points to Wasted Energy

Ahead of the politically sensitive 100th anniversary of the ruling Communist Party on July 1, the country is also trying to cool down speculation in other asset classes just like crypto. The post China’s State Media Promotes Bitcoin Miners Going Green in Country & Points to Wasted Energy first appeared on BitcoinExchangeGuide.

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Bitcoin (BTC) Miners Might Be Leaving China. Is This Good or Bad?

Prominent Chinese investor Dovey Wan opined on the possible miner exodus from China. Where they are going?

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Unlike Nvidia, AMD Won’t Block Crypto Miners From Using its Graphics Cards

While one is free to do what they want with the RDNA 2, it is best fit for gamers as “there are going to be limitations from an architectural level for mining itself.” The post Unlike Nvidia, AMD Won’t Block Crypto Miners From Using its Graphics Cards first appeared on BitcoinExchangeGuide.

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Kentucky to Pass Bill to Incentivize Cryptocurrency Mining

Kentucky is working on two proposed laws that aim to incentivize cryptocurrency mining. According to public records, there are two bills going through the state’s legislature, one of which is focused on tax incentives, and the other centers around extending the state’s clean-energy incentives to crypto miners if they pass the investment threshold of $1 […] The post Kentucky to Pass Bill to Incentivize Cryptocurrency Mining first appeared on BitcoinExchangeGuide.

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Кевин О’Лири планирует инвестировать 3% портфеля в биткоин

Инвестор и звезда телевизионного шоу «Shark Tank» Кевин О’Лири заявил о намерении вложить 3% своих активов в первую криптовалюту. Is #bitcoin a currency? Property? An asset? Maybe all of the above, I’m going with a 3% portfolio allocation and am looking at investing in miners that can create coin under a mandate of 0 carbon […]

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Телезвезда Кевин О’Лири инвестирует 3% портфеля в биткоин

Инвестор и звезда телевизионного шоу «Shark Tank» Кевин О’Лири заявил о намерении вложить 3% своих активов в первую криптовалюту. Is #bitcoin a currency? Property? An asset? Maybe all of the above, I’m going with a 3% portfolio allocation and am looking at investing in miners that can create coin under a mandate of 0 carbon so sustainably! https://t.

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Bitcoin Miners, Developers Narrow Down How Taproot Will Be Activated

We know it's going to happen – the question is when and how.

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$44 Bln Worth of Miners to be Fired by ETH Soon, I?d Love a Lot of Them to Join Ethereum Classic: Cardano Founder

Charles Hoskinson hopes to lure a lot of the miners that Ethereum is going to ditch soon and get them to mine Ethereum Classic, as well as to impose a mining tax on them

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Bitcoin miners generating fewer coins than what’s being sold: Is BTC at risk of severe capitulation?

Momentarily, as Bitcoin halving took place on May 11, the optics of all spectators are fixed on Bitcoin even closer than before in an attempt to predict or estimate how it is going to behave in the future.

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Grayscale's Bitcoin buying spree and what it means for the price

It is important to understand that post-halving is when the price of Bitcoin needs to be the most stable, ie., not drop, since a lot of miners are going offline. Hashrate and price are a function of eThe post Grayscale's Bitcoin buying spree and what it means for the price appeared first on AMBCrypto.

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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving

Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward.

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Bitcoin Price Hits $9K as Data Shows Miner Revenues Fell 47% in 1 Day

The halving hits as commentators consider the increasing importance of fees for miners going forward, but price volatility lessens.

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Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’

In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin.

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Analyzing the Halving Effect on Bitcoin Cash and Bitcoin SV

On April 8, Bitcoin Cash (BCH) underwent another halving, reducing its block rewards from 12. 5 to 6. 25 BCH per block. The decreasing block reward could be an issue going forward, since the on-chain metrics for BCH look grim, and a movement of miners to BTC is already taking place.

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The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined

On April 8, 2020, the Bitcoin Cash network’s block reward halved as of block 630,000 and BCH miners hashing away at the network will now capture only 6. 25 coins per block going forward, instead of 12.

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This is What the Bitcoin Mining Difficulty Drop Could do to its Price

The Bitcoin mining difficulty has experienced a downward adjustment in response to the slow rate of finding new blocks occasioned by miners going offline. The network lowered the difficulty by 16% to stabilize the rate of new block production until more mining power re-joins.

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CoreWeave Switches 6000 Ethereum GPU Miners To Stanford’s Folding@Home for COVID-19

The largest Ethereum blockchain miner in the US, CoreWeave, is going to redirect the processing power from 6,000 specialized computers to coronavirus research. The CTO of CoreWeave, Brian Venturo, said there’s at least one shot for the computers to find a drug that works against the virus, so the GPU’s power of the computers in […]

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No, Concentration Among Miners Isn’t Going to Break Bitcoin

Bitcoin's resilience doesn't depend on widely distributed mining power. It just requires self-interested miners, says CoinDesk columnist Hasu.

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Capitulating Miners Before the Halving Is Bullish for Bitcoin

Bitcoin’s mining difficulty suddenly dropped. The move down indicates that inefficient miners are going out of business. The capitulation of weak miners is long-term bullish for the dominant cryptocurrency.

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Bitcoin’s Difficulty Falls As Miners Capitulate; Will They Survive the Halving?

On Nov. 8, bitcoin’s mining difficulty fell for the first time in 2019, but what does this mean for the industry going forward? On Monday, bitcoin’s mining difficulty adjusted itself down by 7%, making it easier for miners to solve algorithms, and thus mine blocks.

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Do Bitcoin Miners Influence BTC Price Action?

Recent research has taken a closer look into bitcoin prices and miner flows to crypto exchanges. There have been clear spikes as expected when larger mining pools liquidate but the correlation is not as strong as many would expect.

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Bitcoin (BTC) Miners Bring Down Difficulty Before Going on Another Spree

The Bitcoin mining difficulty readjusted significantly for the first time since the 2018 bear market, as miners chose to push the brakes.

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Nervos blockchain mainnet now live after completing $72M token sale

Nervos Network, an open-source blockchain platform, has announced today launch of its “Lina” mainnet. Now fully operating, miners and developers will be able to work on and utilize the network starting Nov 16.

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Are Miners Losing Interest In Bitcoin Cash?

Miners seem to be ditching Bitcoin Cash in droves, as hash rates continue to underperform. This has led to serious concerns as to the security of the network. Bitcoin Cash Hash Rate 0. 1% Of Bitcoin Whilst BTC hash rates have climbed to record highs (even as markets have been going down), BCH power has languished.

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Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

As Bitcoin miners felt the pinch of falling prices, could this signal a potential bottom as price support held for the fifth consecutive week at $7,800?

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Bitfarms Adds 2,500 New A10 Avalon Miners To Increase Capacity As Bitcoin Hashrate Soars

The Canadian company purchased 25,000 A10 Avalon miners in a bid to boost their mining capacity. This happens even as it becomes harder for new bitcoins to be mined. It is attributed to the fact that the Bitcoin hash rate is going higher and higher almost daily. These new A10s were initiated in March, and […]

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“Mystery Miners:” Is Bitcoin Cash Under Threat?

Earlier today, sharp-eyed observers noticed something strange happening on the BCH blockchain. More than half of Bitcoin Cash’s (BCH) hash power appears to be controlled by unknown miners, who are not part of any known pool.

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Canadian Mining Company Hut 8 Sees Revenues Going Up 250% In Q2

If there are clear winners of the crypto market in 2019, they are certainly the miners. Many companies are seeing huge improvements in their profits during the second quarter of 2019. Hut 8 Mining Corp.

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The Mining Power of Litecoin Has Went Down Over 25% Since The LTC Block Halving

Litecoin (LTC) miners are facing problems recently. Many of them have decided to unplug their mining devices after the most recent halving happened. Data from the LTC network shows that the difficulty is going down because of that.

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Unknown Miner Nears 50% of Bitcoin Cash Hashrate

The Bitcoin Cash hashrate (pictured) seems to be going through some considerable changes with an unknown miner, or potentially miners, standing not far off from controlling half of the network. . .

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Litecoin (LTC) Leapfrogs Bitcoin Cash To Become The Fourth Largest Cryptocurrency After 12% Surge

Litecoin Becomes The 4th Largest Cryptocurrency Surpassing Bitcoin Cash After 12% Surge Litecoin Surges Before Halving Event One of the apparent reasons for this price surge is related to the fact that the digital currency is going to be halving as soon as in August. Rewards for miners are going to be dropping from 25 […]

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Australian Government Publishes Update on Cryptocurrency and ICO Rules

The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs).

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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.

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With Bitcoin Halving a Year Away, 60% Think Price Will Go Up From Here

Bitcoin halving, one of the most anticipated events throughout the entire cryptocurrency community is estimated to be 365 days from now. As it closes in, a new Twitter poll reveals that the overwhelming majority is entirely bullish on Bitcoin’s price going forward.

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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter

Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.

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