[ad_2][ad_1] Enter cryptocurrency trading today A growing crypto world means people want it more. The need has seen many people question the possibility of mining using mobile phones. This article looks at the potential and how to do it. The possibility of mining Bitcoins with the mobile The popularity of …
Read More »Capturing Petahash: Marathon gets 3,300 Bitcoin mining rigs, acquires Fastblock for $ 22 million
[ad_2][ad_1] Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced that it will buy Fastblock Mining in a fully equity transaction. The company’s letter of intent revealed that Marathon will acquire Fastblock for approximately $ 22 million. The company will get 3,304 ASIC bitcoin miners from the deal, which will …
Read More »The official warning says cheap electricity will run out for Inner Mongolia’s Bitcoin miners
[ad_2][ad_1] Regional reports say that Inner Mongolia officials have outlined 21 bitcoin mines, as the region plans to stop subsidized electricity tariffs for some data companies. Unless bitcoin mining facilities pack up and migrate, mining farms could see a one-third increase in the price of electricity. The Chinese editorial team …
Read More »Another Bitcoin Lightning Startup Is Working With Visa For “Fast Track” Card Payments
[ad_2][ad_1] Last month, Bitcoin startup Lightning Strike announced it would partner with global payment giant Visa. Now, another startup on the same line, LastBit, which has just launched its app in beta, will follow the same Visa Fast Track program. This partnership will eventually allow users to pay for items …
Read More »Bitcoin, Ethereum and Litecoin – American Wrap: 8/24/2020
[ad_2][ad_1] Bitcoin Price Prediction: BTC Bulls Claw Background, $ 12,000 within an impressive range Bitcoin (BTC) bottomed at $ 11,370 on August 22 and resumed recovery towards $ 12,000. At the time of writing, the first digital asset is changing hands at $ 11,800, having gained nearly 2% on a …
Read More »The Bitcoin network now consumes 7 energy-worthy nuclear power plants
[ad_2][ad_1] The SHA256 hashrate protecting the Bitcoin network has grown tremendously in recent years, as Bitcoin’s processing power hit an all-time high in 2020. Furthermore, the gigawatts of electricity consumption that power industrial bitcoin mining today consume up to seven nuclear power plants. Bitcoin mining is a process where groups …
Read More »Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers awarded $ 2,400
[ad_2][ad_1] According to local media reports, the Iranian power generation, distribution and transmission company (Tavanir) has shut down 1,100 illegal bitcoin mining companies in the country. Whistleblowers informed authorities about the unauthorized miners following a July prize announcement, including 100 million rials (approximately $ 2,400). Tavanir Mostafa deputy chief Rajabi …
Read More »Binance’s new exclusive reveals that the Bitcoin exchange could have a serious problem
[ad_2][ad_1] Bitcoin, despite its growing mainstream popularity, is a favorite tool of cybercriminals, with a variant of ransomware known as Ryuk believed to have stolen $ 61 million since it was created in 2018, according to the FBI. Ransomware hackers, who encrypt their victims’ files before requesting bitcoin or other …
Read More »First engine: the extravagant crypto markets from Bitcoin to DeFi could be the new home of capitalism
[ad_2][ad_1] Price point Bitcoin was slightly lower at the start of Friday, leaving the cryptocurrency on track for its first weekly price drop since mid-July. The largest cryptocurrency topped $ 12,000 earlier in the week and failed to hold on to gains, though John Willock, CEO of crypto asset manager …
Read More »Market Wrap: Bitcoin drops to $ 11.6K, ETH options predict a price below $ 400 by year end
[ad_2][ad_1] Bitcoin traders are hitting the sell button on Friday as the ether options market charges up lower prices. Bitcoin (BTC) traded around $ 11,674 at 20:00 UTC (16:00 ET). Down by 1.4% compared to the previous 24 hours. Bitcoin 24 hour range: $ 11,605- $ 11,892. BTC below its …
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