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China crackdown shows industrial Bitcoin mining a problem for decentralization
The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation. дальше »
2021-6-30 02:14 | |
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DeFi Protocol Compound Finance Targets Institutions with Fixed Interest Rate on USD
DeFi project Compound Finance is now all set to attract institutional investors to the growing decentralized finance sector. Coinbase backed decentralized lending protocol announced the launch of Compound Treasury that is designed for businesses and financial institutions to access the benefits of the Compound protocol. дальше »
2021-6-29 20:11 | |
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Bitcoin hash rate: Why it’s 'still crazy to see it playing out'
The computational power used for mining Bitcoin has collapsed 45% from its peak. In May, when the miners were witnessing high activity, the hash rate hit 180.6 TH/s. Source: Blockchain.com ThisThe post Bitcoin hash rate: Why it’s 'still crazy to see it playing out' appeared first on AMBCrypto. дальше »
2021-6-28 20:00 | |
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Port Network, dApp for Cloud and Volunteer Computing
With an ever-increasing demand for computing power, Port Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. The demand for increased computing power is growing at an exponential rate. дальше »
2021-6-28 19:00 | |
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Bitcoin Block Time Soars to Highest Level Since 2010 After Hash Rate Crashes to 2-Year Low
Bitcoin hash rate has taken a drop and is now down about 70% from its all-time high in mid-May. With this latest drop, the hash rate has fallen to a two-year low last seen in July 2019. However, it’s just a short-term block-interval inferred hash rate, and the actual drop is about 47%. дальше »
2021-6-28 18:19 | |
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As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
The U. S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3. 4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. дальше »
2021-6-28 16:30 | |
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PORT Network: First DApp to harness sustainable processing power for both Cloud and volunteer computing
The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing, and Deep Learning all require huge bandwidth in a non-resThe post PORT Network: First DApp to harness sustainable processing power for both Cloud and volunteer computing appeared first on AMBCrypto. дальше »
2021-6-28 16:00 | |
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PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate. дальше »
2021-6-28 16:00 | |
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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. дальше »
2021-6-28 15:40 | |
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Does this metric hold the key to trading Bitcoin profitably?
Bitcoin shorts have increased in volume. Besides, shorts require additional leverage with Bitcoin's price at the $30000 level based on price data from coinmarketcap.com. Thus the funding rate is negaThe post Does this metric hold the key to trading Bitcoin profitably? appeared first on AMBCrypto. дальше »
2021-6-27 18:00 | |
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Cryptocurrency Firms Face a Talent Shortage as the Space Grows Crowded
Cryptocurrency companies and exchanges are currently facing significant hurdles when recruiting talent. This is because the crypto space is growing at an alarming rate. Traditional finance companies entering the scene seem to be making the talent squeeze even more dire. дальше »
2021-6-26 11:30 | |
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Bitcoin Hash Rate Goes On Death Spiral Post China’s Crackdown On Miners
The great Bitcoin miners migration is well underway. And the network’s total hash rate is showing it in a big way. Currently, the number of terahashes per second is at its lowest level in the last twelve months. дальше »
2021-6-25 13:41 | |
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Is It Time To Sell Your Bitcoin? Jim Cramer Says It Is
Jim Cramer has disclosed that he has sold “almost all” of his bitcoin holdings. According to Cramer, he said the reason he sold was due to issues surrounding the asset. He cited the recent China crackdowns on mining as one of the reasons he got out. дальше »
2021-6-25 20:00 | |
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Not Just A Fad: Bitcoin Adoption Curve Rivals The Internet
Bitcoin has been growing its user base exponentially since its inception. As Bitcoinist previously reported, the BTC adoption rate has even surpassed that of the internet. Former Google employee Michael Levin has made a two-part investigation on the topic. дальше »
2021-6-25 19:12 | |
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Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown
Leading Bitcoin mining rig manufacturer Bitmain Technologies Ltd has reportedly stopped the sales of mining rigs following the Chinese crackdown on crypto mining. Influx Of Secondhand Sellers Causes Bitmain To Stop Sales The Beijing mining giant decided to halt sales of machines for spot delivery due to the high rate of secondhand Bitcoin miners selling […] The post Bitmain Discontinues Sales of Bitcoin Mining Gear Amid Chinese Crackdown first appeared on BitcoinExchangeGuide. дальше »
2021-6-24 18:12 | |
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Garlicoin - Memes, games, and more
Ethereum taught us that a cryptocurrency that can actually be used for something has a high success rate. Live since 2018, Garlicoin has rolled out Discord and Reddit tipbots, delicious memes, a payment service, a free faucet, and many more tools for its user base and ecosystem. So what's GRLC all about? дальше »
2021-6-24 18:00 | |
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Bitcoin Hash Rate Share Records a Shift after 70% of China’s Mining Capacity Goes Offline
Despite China’s latest strict measures, there hasn't been another surge in the amount of BTC sent by miners to the crypto exchanges for selling ever since peaking last month. Still, BTC held on Binance has climbed to new highs over the last month. дальше »
2021-6-23 16:07 | |
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Corporate Bitcoin Holdings Are Thriving At An Alarming Rate
MicroStrategy and Tesla may have hit headlines more than any other firm in the recent past as far as Bitcoin and crypto news is concerned. But they are only a very small percentage of the many corporations and hedge funds already invested or planning to invest in Bitcoin, going by the recent surveys. Recent surveys […] дальше »
2021-6-23 20:16 | |
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What The Hash Rate Free Fall Means For The Bitcoin Market
Since the beginning of May, the Bitcoin network has fallen by approximately 29.6%. дальше »
2021-6-22 15:00 | |
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Why Do Some Tokens Grow by More Than 1000%?
Introduction The world is a changed place when compared to how it was decades ago. The changes can be seen in infrastructure, technology, commerce, monetary systems, and much more. The rate at which development is catching up with the world is dynamic and of the latest inventions that are changing the way we live, blockchain […] дальше »
2021-6-23 11:08 | |
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Bit Mining Limited(BTC.COM) Delivers 320 Mining Machines to Kazakhstan and Ships more than 500 Machines to Texas
A leading crypto-mining enterprise, BIT Mining limited, announced today that they have delivered the first batch of machinery to Kazakhstan. This batch consists of 320 machines, and the consecutive batches are estimated to be around 2,600 mining machines, which combined could potentially achieve a maximum hash rate of 102. дальше »
2021-6-22 18:49 | |
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Bitcoin Dominance Continues Ascent Towards 50%
The Bitcoin dominance rate (BTCD) has been increasing since May 19 and is approaching a crucial resistance line. The post Bitcoin Dominance Continues Ascent Towards 50% appeared first on BeInCrypto. дальше »
2021-6-21 18:45 | |
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China wipes out 90% of bitcoin mining activities as hashrate is down to an 8-month low
The entire crypto market is down more than 10% in the last two days as China is cracking down on large-scale bitcoin miners. This is no longer FUD as we have observed the hash rate drop to an eight-month low. дальше »
2021-6-22 16:42 | |
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Bitcoin Network Can Start Recovering with Hash Rate Dumped 50%, Chinese Miners Already Migrated Overseas
Many small and medium-sized operations in China are also not affected. The upside further means the path to recovery is faster, and miner capitulation usually represents the best buy signals in Bitcoin history. дальше »
2021-6-22 16:20 | |
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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »
2021-6-22 14:30 | |
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BlockFi vs. Linus: Is the Rate vs. Convenience Trade Worth It?
If you’re interested in the relatively passive income that can come with crypto interest accounts, BlockFi vs. Linus makes for an excellent comparison. Linus is a relative newcomer and BlockFi… The post BlockFi vs. дальше »
2021-6-21 07:00 | |
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China turns off its miners - does price follow hash rate or hash rate follow price?
Multiple Bitcoin miners in China's Sichuan province were shut down over the weekend and Bitcoin's hash rate is down almost 30% since May. Will the price fall further as a result - and what is the correlation between hash rate and price? дальше »
2021-6-22 17:00 | |
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Bitcoin, Gold, Stocks, and Yields Take a Beating as Fed’s Bullard Talks of Tapering
USD is the clear winner, enjoying a rally above 92.3, up from 89.5 from late in May thanks to the Fed executing rate hike next year. The post Bitcoin, Gold, Stocks, and Yields Take a Beating as Fed’s Bullard Talks of Tapering first appeared on BitcoinExchangeGuide. дальше »
2021-6-18 19:14 | |
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Bitcoin’s High Volatility Becomes A Surprising Magnet For Investors: Are Price Fluctuations The New Bull Rally?
Bitcoin as a very volatile cryptocurrency has been a cause of worry for so many Bitcoin proponents and onlookers. Despite being the cryptocurrency with the largest market capitalization, and with more adoption rate than any other cryptocurrency at this time, Bitcoin still gives investors and traders reoccurring market scares, as prices continue to fluctuate by […] дальше »
2021-6-19 18:57 | |
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Most Crypto-Savvy States and Trends in US Revealed, 6% of Population Involved in Crypto
Coinspeaker Most Crypto-Savvy States and Trends in US Revealed, 6% of Population Involved in Crypto Hawaii was deemed to be the most crypto-savvy location with its demand rate in cryptos rising as much as 687% since 2020. дальше »
2021-6-21 15:41 | |
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What the current volatility means for Cardano
Bitcoin's price has once again dropped under $40,000 after the United States Federal Reserve's announcement that two interest rate hikes were penned in for 2023. This downtrend was observed throughoutThe post What the current volatility means for Cardano appeared first on AMBCrypto. дальше »
2021-6-17 14:00 | |
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Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open Market Committee (FOMC) said in a statement. The […] дальше »
2021-6-17 01:30 | |
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Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. дальше »
2021-6-17 00:34 | |
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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even spray and sell the naira notes.” He adds […] дальше »
2021-6-16 17:00 | |
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Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC
The latest negative adjustment came after the hash rate dropped, yet again, due to China banning crypto mining operations in Xinjiang, Yunnan, and Qinghai last week. The post Bitcoin Mining Difficulty Falls to January Level Making it Easier to Mine BTC first appeared on BitcoinExchangeGuide. дальше »
2021-6-16 17:26 | |
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Everything you need to know about the recent drop in Bitcoin mining difficulty
The most recent Bitcoin difficulty adjustment saw a drop in mining difficulty by 5.51% at block height 687,456 on Sunday night. As per data, the hash rate dropped to 19.93 trillion which was last seenThe post Everything you need to know about the recent drop in Bitcoin mining difficulty appeared first on AMBCrypto. дальше »
2021-6-15 21:33 | |
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