[ad_2][ad_1] Chainalysis, a blockchain analytics firm, has quashed many major terrorist financing charges using cryptocurrencies, including the recently revealed possibility that ISIS has a $ 300 million Bitcoin war chest. In a “fact-finding” report released Wednesday, the New York-based company pointed out that the media have sensationalized such terrorist financing …
Read More »How this billionaire-backed crypto startup is being paid for not mining Bitcoin
[ad_2][ad_1] Texas turbines. Getty It is everyone’s dream to get paid for doing nothing. Bitcoin miner Layer1 is making that dream a reality, having figured out how to make money even when his machines are off. Layer1 is a cryptocurrency startup backed by billionaire Peter Thiel. In recent months, in …
Read More »Whale moves bitcoins mined in 2009, triggering speculation that Satoshi is preparing to sell
[ad_2][ad_1] The bitcoin community was alive yesterday with speculation that bitcoin creator Satoshi Nakomoto would move bitcoin funds as 40 of the first ever mined bitcoins were moved for the first time in eleven years. Bitcoin in an office in London, UK Photographer: Chris Ratcliffe / Bloomberg © 2017 Bloomberg …
Read More »Bitcoin prices slide amid speculation that a cryptocurrency block likely linked to creator Satoshi Nakamoto just changed hands
[ad_2][ad_1] Bitcoin prices fell Wednesday afternoon due to speculation that a long-dormant block of coins, with links to the alleged creator of the virtual asset, has just changed hands. A Twitter account set up to issue tweet alerts when coins tied to certain addresses are traded indicated an exchange of …
Read More »45 Older generation Bitcoin miners are unprofitable after the reward halving
[ad_2][ad_1] On May 11, the Bitcoin network suffered the third block reward halving, which had reduced the 12.5 BTC reward to 6.25 coins following the event. It’s been nearly a week later, and data from mining rig profitability websites shows that more than 45 older generation devices are not profitable …
Read More »This minor cryptocurrency is on track to smash Bitcoin in 2020
[ad_2][ad_1] Bitcoin has outperformed most other assets so far this year and is set to be one of the best bets of 2020. The price of bitcoin, after plunging in March due to a larger coronavirus-induced sell-off, has grown about 30% so far this year. However, a minor cryptocurrency has …
Read More »The Bitcoin network sees a huge shift in the mining pool after the halving
[ad_2][ad_1] After the third bitcoin halving on May 11, 2020, there has been a big shift in the distribution of mining pools, as far as hashrate is concerned. At the time of publication, there are around 100-115 exahash per second (EH / s) looking for blocks of bitcoin, and viewers …
Read More »Market Conclusion: Some miners face an uncertain future despite the rising price of Bitcoin
[ad_2][ad_1] Despite a post-halving increase in the price of bitcoin on Wednesday, the current value may not be enough to keep less efficient miners operating and that could change market dynamics. At press time, bitcoin (BTC) was trading 2.3% higher in the 24-hour period at $ 9,106. The world’s first …
Read More »Bitcoin ‘halving’ could raise its price as more investors flock to cryptocurrencies
[ad_2][ad_1] The amount of new bitcoins being issued is starting to slow down due to a phenomenon known as halving, or halvening. Every four years, the amount of new coins that bitcoin investors (or miners, as they are called) receive as a reward for mining a block of bitcoin is …
Read More »Experts think you should only buy if you are “handling” for the long haul
[ad_2][ad_1] Despite the halving of the bitcoin block, market sentiment remains bearish and closely tied to equities … [+] (Photo by Manuel Romano / NurPhoto via Getty Images) Manuel Romano / NurPhoto Bitcoin’s long-awaited halving is upon us, an event that sees the BTC reward that miners receive for processing …
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