Tag Archives: Bitcoin

Miners sell more Bitcoin than they mine

[ad_2][ad_1] While bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for creating new bitcoins have increased their sales. The world’s largest cryptocurrency by market value rose from $ 3,867 to $ 7,000 in the 13 days to March 25, according to CoinDesk’s Bitcoin Price Index. However, …

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Bitcoin hash rate and price during mining events: are they related?

[ad_2][ad_1] Bitcoin (BTC) price fell below $ 9,000 again on Saturday, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets around the world. Daily performance of the cryptocurrency market. Source: Coin360 Interestingly, Bitcoin’s hash rate hit an all-time high on March 5 …

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How the Texas wind boom spawned a rush to mine Bitcoin

[ad_2][ad_1] The success of Bitcoin mining largely depends on the amount of electricity a given facility can devote to the business, which explains why announcements of new mining sites often read as announcements of new power plants. A project started last week in West Texas has attracted particular attention, thanks …

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The biggest threat to Bitcoin is back on track

[ad_2][ad_1] When social media giant Facebook revealed that it would release its answer to bitcoin this year, the cryptocurrency community was stunned. The subsequent international backlash against Facebook’s scales served as both a vindication for bitcoin and a cause for concern: How would governments allow bitcoin to exist if Facebook’s …

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Bitcoin will surpass $ 100K in 2025 and collect more coins

[ad_2][ad_1] Justin Sun, founder and CEO of Tron (TRX), the 15th largest cryptocurrency by market capitalization, is investing in a number of cryptocurrencies other than Bitcoin (BTC). On a February 23 interview With CNN, the CEO of Tron claimed to be a long-term believer in cryptocurrencies and has a stake …

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