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Kazakhstan’s Bitcoin mining industry has several challenges ahead
In May 2023, Kazakhstan’s share of the global Bitcoin mining hashrate stood at 4%, down from its peak of 18% in October 2021. Kazakhstan’s mining industry boomed between 2020 and 2021, driven by cheap electricity, hosting demand, access to cheap Chinese machines, relaxed regulations, and tax benefits, according to a Hashrate Index report. дальше »
2023-5-4 19:02 | |
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Coinbase Debuts Offshore Exchange With Bitcoin And Ethereum Perpetual Futures Amid Regulatory Challenges In The US
Coinbase today announced the launch of a global derivatives platform as the U.S.-based cryptocurrency exchange faces harsh regulatory crackdown at home. дальше »2023-5-3 22:52 | |
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First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty. дальше »
2023-5-1 02:21 | |
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Why This Top Financial Expert Is Saying ‘Buy Bitcoin’ Amid Looming Bank Failures
The traditional banking system is facing major challenges, and according to top financial expert Bernstein, Bitcoin (BTC) could be a savior. Bernstein analysts foresee Bitcoin’s long-awaited mainstream adoption could be potentially triggered by the US banking crisis. дальше »
2023-4-28 09:47 | |
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Can the RESTRICT Act Be Used to Ban Bitcoin in America?
The RESTRICT Act might be used as grounds for banning Bitcoin in the US, but implementing a ban poses challenges. Instead, lawmakers should consider alternatives like stricter regulations or government-backed digital currencies. дальше »
2023-4-27 23:07 | |
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Why Switching to Renewable Energy Is Still The Smart Move for Bitcoin Miners
With the environmental impact of Bitcoin mining still a concern, switching to renewable energy sources remains the smart move for Bitcoin miners - and many miners have overcome associated challenges to do so. дальше »
2023-4-18 18:00 | |
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The Cosmic Consequences of Bitcoin Mining: Tensions With the Quest for Alien Life
Explore the unforeseen consequences of Bitcoin mining on SETI research and the pursuit of extraterrestrial life, as GPU shortages create challenges for scientists and other industries. The post The Cosmic Consequences of Bitcoin Mining: Tensions With the Quest for Alien Life appeared first on BeInCrypto. дальше »
2023-4-12 23:00 | |
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Gold-backed state digital currency gains traction in US
As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm. дальше »
2023-4-11 00:32 | |
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Can Bitcoin Counter the Dangers of Zombie Banks?
Unravel the complex relationship between troubled banks and the potential of cryptocurrencies like Bitcoin to reshape the financial system and provide a solution to the challenges they pose. The post Can Bitcoin Counter the Dangers of Zombie Banks? appeared first on BeInCrypto. дальше »
2023-4-1 22:04 | |
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As the Global Financial System Teeters, Has Bitcoin Been the Answer All Along?
Discover how Bitcoin's decentralized and deflationary nature makes it a potential solution to traditional currencies' challenges. The post As the Global Financial System Teeters, Has Bitcoin Been the Answer All Along? appeared first on BeInCrypto. дальше »
2023-3-20 06:16 | |
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Crypto Market Forecast: Week of March 20th 2023
A curated weekly summary of forward-focused crypto news that matters. This week, bitcoin rallies as doubt in the traditional financial system falters, a Federal judge challenges the SEC on unclear crypto communication, and the stablecoin ecosystem has another bout of shakiness. дальше »
2023-3-20 14:01 | |
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Bitcoin's hashrate increase isn't helping miners in any way, here's why
Bitcoin miners were found facing some challenges with the rise in the BTC's hashrate. The number of rigs required to mine Bitcoin increased, however, it caused a decline in miners' profits. дальше »
2023-3-7 19:30 | |
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Bitcoin mining difficulty hits new peak despite BTC’s new era shine
Bitcoin miners faced more challenges as mining difficulty surged. BTC risked a price drop unless demand becomes increasingly impressive. Bitcoin [BTC] in the last two weeks, has adjusted tThe post Bitcoin mining difficulty hits new peak despite BTC’s new era shine appeared first on AMBCrypto. дальше »
2023-1-16 14:30 | |
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Crypto Market Forecast: Week of November 14th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, the drama surrounding FTX encompasses digital asset markets, Bitcoin miners face challenges as profits shrink, and the FTX black swan sees fundamental model predictions miss the mark. дальше »
2022-11-14 14:01 | |
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Bitcoin Hash Rate Hits New Highs As Price Stays Flat — What It Means For Miners
Rising energy costs, a new hash rate ATH and flat bitcoin prices pose challenges to some miners as margins get squeezed. дальше »
2022-9-16 00:17 | |
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Analyzing the challenges Dogecoin [DOGE] may face trying to break free from Bitcoin [BTC]
It is no hidden fact that Bitcoin [BTC]’s dominance in the crypto market has a profound effect on other cryptocurrencies and their price movements. And stuck in a similar conundrum is the memecoin, The post Analyzing the challenges Dogecoin [DOGE] may face trying to break free from Bitcoin [BTC] appeared first on AMBCrypto. дальше »
2022-7-16 19:30 | |
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Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining? дальше »
2022-7-8 23:15 | |
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Marathon Digital Bucks The Bitcoin Miner Selling Trend Despite Energization Challenges
The crypto markets have been moving in a lackluster manner for several months. Different industry participants are bracing for a crypto winter, and Bitcoin miners notorious for holding on to their Bitcoin rewards are being forced to sell to keep the lights on. дальше »
2022-6-18 14:34 | |
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DraftKings puts out plan to to accept crypto-payments in the future
In recent months, businesses all around the world have begun to integrate Bitcoin payments into their systems. As a result, more payment options will be available, and payment challenges will be reducThe post DraftKings puts out plan to to accept crypto-payments in the future appeared first on AMBCrypto. дальше »
2022-5-31 08:30 | |
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Binance Follows Through On Promise To Create Jobs For Youths In El Salvador
El Salvador, the first country to adopt Bitcoin as legal tender, has been in the midst of a struggle against gang violence since March. In response to these challenges, the crypto industry has offered help in several ways, with Binance pledging to create jobs for the country’s youth. дальше »
2022-5-8 16:39 | |
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IMF Warns Of Serious Risks For Central African Republic’s Adoption Of Bitcoin As Legal Tender
Despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund has noted that making Bitcoin legal tender is dangerous and “presented a series of challenges for the country and the region.” дальше »
2022-5-8 15:59 | |
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Senator Warren challenges Fidelity over its Bitcoin 401(k) plans
Senator Elizabeth Warren and Tina Smith have written a letter to Fidelity over its decision to allow Bitcoin investments in its 401(k) plans. The letter asked the investment firm why it failed to heed the Department of Labor (DOL) warning regarding crypto investments as part of pension retirement plans. дальше »
2022-5-6 21:30 | |
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Dorsey, Saylor Defend Bitcoin Mining in Letter to EPA
A cohort of Bitcoin industry executives has refuted claims made by House Democrats calling on the Environmental Protection Agency to investigate the environmental effects of crypto mining. Bitcoin Industry Challenges... дальше »
2022-5-3 18:15 | |
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SEC Demands Bitwise To Clarify Concerns Over Share Manipulation
The agency’s worries about the forthcoming project include liquidity and the possibility of share controls. The SEC has informed Bitwise investment company about salvaging issues with share monopolization, fraudulent acts, and other possible challenges that can arise in its planned spot Bitcoin ETF. дальше »
2022-2-16 03:32 | |
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Ether Continues To Trump World’s Top Corporations Amid Fierce Competition From Cardano, Solana, Polkadot
Ethereum’s market cap sits at $360. 37 billion which is larger than the valuation of top brands in the world. Since launch, the asset has played second fiddle to Bitcoin and has had to grapple with some of the sternest challenges that threatened its existence. дальше »
2022-2-6 17:46 | |
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