[ad_2][ad_1] Bitcoin mining at 20MW, Greenidge’s team located in the Finger Lake region of New York State, … [+] plans to ramp up its cryptocurrency operations. This local electricity company is now a blockchain hybrid business model. Greenidge The Finger Lake region of New York is known for its wine …
Read More »Market Wrap: Stuck at $ 11.5K, Bitcoin surpasses 25K stuck in DeFi
[ad_2][ad_1] The bitcoin spot market was pretty boring on Thursday. That doesn’t mean it’s not moving – holders of the cryptocurrency are investing more and more in decentralized finance. Bitcoin (BTC) traded around $ 11,543 at 20:00 UTC (16:00 ET). Slipping by 0.50% compared to the previous 24 hours. Bitcoin …
Read More »Kyrgyzstan is proposing a 15% tax on Bitcoin mining to help fight the coronavirus
[ad_2][ad_1] FIX: An earlier version of this post quoted the Russian news service Crypto.pro, reporting on Kazakhstan. For some reason, Russian news organizations mistook Kazakhstan for Kyrgyzstan. It is the latter country, not the former, that has proposed legislation that would see a 15% tax imposed on bitcoin mining companies. …
Read More »With all eyes on Bitcoin, another cryptocurrency has risen 500% in the past year, and is still skyrocketing
[ad_2][ad_1] Bitcoin was brought back into the spotlight thanks to its recent rally and renewed interest from Wall Street and the big traders of the day. The price of bitcoin, which topped $ 12,000 per bitcoin on late Sunday evening, has added 30% in the past month, although some smaller …
Read More »Bitcoin Halving and Ethereum 2.0 bring big changes for crypto miners
[ad_2][ad_1] Although it has been more than two months since the halving took place on the Bitcoin network, the cryptocurrency mining industry is still relieved by the frenzied pace of events that have followed suit. The roller coaster of hash rates has caused Bitcoin (BTC) and Ether (ETH) prices to …
Read More »Bitcoin price in line with $ 14,000 and new all-time high
[ad_2][ad_1] Source: Aedka Studio – Shutterstock After a brief phase of consolidation along the $ 11,000 limit, Bitcoin rose to $ 11,670 at the time of writing. Analysts expect a further hike to $ 14,000 if BTC can again rise above $ 12,000 in the coming days. Bitcoin was able …
Read More »20 institutional investors in Bitcoin revealed, but the list may soon vanish
[ad_2][ad_1] Speak Barry Silbert, founder and CEO of Digital Currency Group Inc. (DCG) … [+] during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada in May 2019. Subsidiary DCG Grayscale is working to convert all ten of its crypto products into SEC reporting companies. © 2019 Bloomberg Finance LP …
Read More »Bitmain delays delivery of Bitcoin miners as co-founders fight for control of the company
[ad_2][ad_1] Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months as the fight between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner manufacturer said customers whose orders were …
Read More »S2F pricing model suggests Bitcoin price reaches $ 100,000 – Model claims author is perfectly on track
[ad_2][ad_1] The author of the controversial stock-to-flow (S2F) bitcoin pricing model said that at current prices the S2F model is “perfectly on track”. S2F shows that the price could reach around $ 30,000 by the end of the year and by August 2021 the prices could be $ 100,000 per …
Read More »‘Rat poison squared on steroids’: news in the latest lightning-fast release of Bitcoin
[ad_2][ad_1] All eyes are on the bullish price of bitcoin at the moment. Behind the scenes, however, developers are tinkering to build the infrastructure that many hope will make the Bitcoin system more accessible to more people. Last week, tech startup Bitcoin Blockstream released its latest major version of c-lightning, …
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