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Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices

On July 16th, Hut 8, one of Canada‘s foremost Bitcoin mining firms, announced that the construction of its newest mining facility was complete. The press release issued by the company states that its new Bitcoin mining facility, located in the small Canadian city of Medicine Hat, has been recently completed, including the recent electrification of […] The post Bitcoin Mining Firm Opens Massive Farm In Canada Despite Declining Prices appeared first on Ethereum World News. дальше »

2018-7-20 00:12


China’s Cryptocurrency Clampdown Turns Country Into A Bitcoin “Wasteland”

China was once the hub of the cryptocurrency movement. After a government crackdown in 2017, however, China has become a cryptocurrency “wasteland” according to a new report from Bloomberg. “Crackdown turns China from bitcoin’s epicenter to a wasteland,” reported Bloomberg earlier this week, citing stats like declining Yuan volume on cryptocurrency exchanges worldwide. The Chinese […] дальше »

2018-7-13 07:21


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GPU Prices Plummet After the Recent Slump in Cryptocurrency Markets

The price of specialized graphics processing units (GPUs) has been declining along with sinking prices in digital currency markets, Computerworld reported July 10. While at the end of 2017 and beginning of 2018 cryptocurrency mining caused a sharp rise in the price of high-end gaming cards, the tendency seems to have reversed as crypto markets дальше »

2018-7-12 07:46


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Bitcoin To ‘Disappear In A Puff Of Smoke?’ — Or Are The Fires Just Getting Stoked?

The bears are again out in full force, grumbling on about the impending death of Bitcoin.   History and fundamentals suggest that the cryptocurrency is far from becoming ‘wiped out. ’ ‘A Puff Of Smoke’ I’ve been reading a lot of news lately about the declining price of Bitcoin and have received some ‘I told you so’s’ from nay-sayers claiming that once again, ‘Bitcoin is dead. дальше »

2018-7-2 04:00


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The crypto markets have weak demand from miners hurting the GPU producers.

Observers say it is probably due to overestimated demand in the gaming sector and the underestimated impact of the declining demand in the market for mining equipment. Quoted sources from the industry claim the return of the chips is related to the decreasing demand from cryptocurrency miners. AMD Price Chart, Ycharts The crypto market ups дальше »

2018-6-23 05:26