Tag Archives: million

Kazakhstan is on track for its $ 700 million cryptocurrency mining investment goal, minister says

[ad_2][ad_1] According to Kazakhstan’s Digital Development Minister Bagdat Mussin, the country is in talks for investments in its cryptocurrency mining sector worth 300 billion tenges ($ 714 million). In early June, another Kazakh minister, while arguing against the cryptocurrency ban during a parliamentary discussion, said the country could get more …

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The re-mining simulation shows that Satoshi used a single high-end PC to mine 1.1 million bitcoins

[ad_2][ad_1] Cryptocurrency advocates recently discussed the mysterious Bitcoin inventor Satoshi Nakamoto as RSK chief scientist Sergio Demian Lerner published a paper called “The Patoshi Mining Machine”. Essentially, Lerner simulated Satoshi’s mining experience. The results estimate that the creator of Bitcoin used a single computer to mine around 1 million bitcoins …

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CFTC calls for $ 429 million fine to be imposed on director of Control-Finance cryptocurrency scam

[ad_2][ad_1] The proposed default judgment against Benjamin Reynolds also provides for the return of nearly $ 143 million. In line with previous FinanceFeeds reports, the U.S. Commodity Futures Trading Commission (CFTC) filed a proposed default judgment against Benjamin Reynolds, sole director and owner of the Control-Finance cryptocurrency fraudulent system. The …

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Bitcoin thieves move 3503 BTC worth $ 38.5 million

[ad_2][ad_1] The digital economy has seen a steady increase in crypto technology by young Nigerians and startups, to pay for goods and services. Nigeria’s information and communication sector (digital economy) grew by 15.09% in real terms in Q2 2020, compared to growth of 9.99% in Q1 2020 and 9.01% in …

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