[ad_2][ad_1] A new report from crypto research firm Bitooda says China accounts for only 50% of Bitcoin’s global mining capacity and the United States 14%. The data stands in stark contrast to previous findings from the University of Cambridge’s Center for Alternative Finance (CCAF), which rated China’s share of the …
Read More »Iran Licenses 14 Bitcoin Mining Farms, Reduces Electricity Rates By Up To 47% For Miners
[ad_2][ad_1] Iran has reportedly issued permits for 14 bitcoin mining farms and will reduce electricity tariffs by up to 47% to support licensed cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran licenses more crypto mining companies The Islamic Republic of Iran has reportedly issued …
Read More »Crypto Tracking Blockfolio platform reduces its workforce
[ad_2][ad_1] The endless winter crypt accident brings with it many victims. Bitmain is the Chinese manufacturer of applications for the supply of particular integrated circuits for bitcoin mining circuits. This company has recently fired over 80% of its workforce and the block. In 2018, ConsenSys, which is the Brooklyn software …
Read More »XLM Price Spurt reduces Litecoin to 7th place in the ranking of market capitalisations
[ad_2][ad_1] At present there is not an excessive price action on the cryptocurrency markets. Bitcoin it is firmly in the green but most of the other markets note minor gains in the last few hours. An interesting development comes in the form of the XLM price, given that Stellar Lumens …
Read More »Experts believe that Ripple's xRapid reduces XRP into a ripple money creation tool
[ad_2][ad_1] Experts are starting to doubt the value of Ripple XRP as a cryptocurrency. Their argument is based on the fact that the shared ledger of Ripple xRapid allows banks to transfer funds both in fiat and in other cryptocurrencies. Ripple XRP does not serve as a base currency that …
Read More »The new protocol of serenity of Ethereum reduces the cost of execution of feedback nodes
[ad_1] EthereumThe new Serenity update, which will allow the network to switch from a Proof of Work (PoW) model to a Proof of Stake (PoS) consensus model, has generated a lot of hype in 2018. In addition to tackling the problem of scalability, the new chain also drastically reduces the …
Read More »Blockchain reduces approval time on syndicated loans, says BBVA
[ad_2][ad_1] BBVA says he recently completed the first syndicated loan on a distributed ledger. Could this pilot look at the syndicated loan of the future? The borrower, Red Electrica, is an energy distribution company based in Spain. The company required $ 150 million for unspecified "general business purposes". BBVA participated …
Read More »Ripple Net reduces costs for financial institutions
[ad_2][ad_1] In a direct push, the Royal Bank of Canada has confirmed that Ripple and XRP can save global banks' holding financial resources based on their recent capital market overview. Traditional remittance companies and banks dominate While recognizing that traditional remittance providers – such as Western Union and Money Gram …
Read More »Microsoft's new Ethereum Blockchain product reduces extraction
[ad_1] The software giant Microsoft has launched a new product Blockchain as a Service (BaaS) that allows companies in all vertical sectors to implement a flexible instance of Ethereum tailored to the environment business. Announced Tuesday, Ethereum Proof-of-Authority on Azure allows companies to create applications on an Ethereum blockchain that …
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