2023-6-23 11:21 |
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event.
2023-6-8 22:07 | |
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Galaxy Digital’s Mike Novogratz says that the outlook for crypto is not looking great at the moment. More companies will cut costs to survive this bear period, he added. He previously stated that crypto is facing a deficit of trust.
2023-1-11 12:59 | |
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Seven weeks after announcing a 10% headcount reduction to survive the winter, crypto exchange Gemini is going for the second round of layoffs to fire another 15%, to cut the costs even more, TechCrunch reported, citing sources.
2022-7-19 15:40 | |
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As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving?
2020-5-10 14:00 | |
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Zero or negative interest rates will force stablecoins to look at their fee structures and cut costs. Only the fittest will survive, says our columnist.
2020-4-2 15:53 | |
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London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees, compliance costs, and other overheads.
2020-2-9 17:32 | |
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According to McKinsey & Co, bank stocks are in a precarious position. The consulting firm said it believes that more than half of the world’s banks are unlikely to survive an economic downturn, as their costs have begun to outpace returns on equity.
2019-10-23 03:00 | |
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San Francisco is hallowed ground for tech entrepreneurs. Every year thousands of founders travel to the city, set on starting the next unicorn. However, while the birthplace of Twitter and Uber certainly can provide connections, investors, and talent to help entrepreneurs take their businesses to the next level, it’s also an extremely difficult ecosystem to survive in.
2019-8-13 18:05 | |
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Blockchain-based social media platform Steemit Inc. , the company behind popular open source website Steemit. com, has announced a structural reorganization which will entail laying off 70 percent of its workforce as it looks for new ways to cut costs and remain sustainable as a business.
2018-11-29 22:53 | |
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| Analogue Notcoin - TapSwap |
A report from CarbonChain shows that Gryphon Digital Assets is mining bitcoin with hydroelectric power, producing zero carbon emissions.
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
Tom Campbell, an Irish dairy farmer who runs a farm in County Armagh, is using excess energy from his farm to mine Bitcoin.
CleanSpark partnered with Sustainable Bitcoin Standard to deliver certificates authenticating that bitcoin was mined with renewable energy.
CleanSpark closed a $35 million, non-dilutive financing deal by collateralizing over 3,000 miners with a 9.9% interest rate to fuel growth expenditures.
In the fourth survey about crypto adoption ran in Norway by Arcane Research and Ernst & Young (EY) in 2018, they find that the industry is booming in the country with the levels of ownership that have doubled from 5% to 10%.