One of the fastest-growing trends in the bitcoin mining world today is the increasing demand for retail ASICs for home mining, taking Bitcoin full circle from where it all began. While big industrial mining companies like Atlas, Compute North, Hut8, Riot, Bitfarms are consolidating their operations into high-powered mining machines, Compass Mining is pushing the other way, helping individuals who…
When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing promising new assets, or sharing insight and predictions on which projects can become the next big thing. Sometimes these waves of social attention can even create positive feedback loops whereby the tokens…
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and profitable bitcoin miner today. The…
Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings. One thing theyre unlikely to do is announce their intention beforehand.That could drive up the price of the digital asset they are trying…
Ethereum, or ETH, is undoubtedly one of the most lucrative assets one can get their hands on. As the second-biggest cryptocurrency, it certainly has a lot of value and is relatively future-proof, especially compared to many other digital assets. Its ever-increasing price, coupled with the incredible usability of this coin, has attracted many investors to Ethereum and many miners. Ethereum…
ShapeShift is joining seven other DeFi projects in rolling out the platforms native branded dollar. Through a partnership with the stablecoin platform ICHI, every oneFOX token will be pegged to the U.S. dollar and backed by ShapeShifts native FOX token and another popular stablecoin, USD Coin (USDC). Similar so-called oneTOKENS already exist for Uniswap, Filecoin, Dodo, Perlin Network, 1inch Network,…
press release PRESS RELEASE. Sydney, Australia – Cardingo is an NFT series and Cardano NFT marketplace that has secretly been in the works for months. While the world waited for Cardano smart contracts, the Cardingo team busily went to work on a series of NFTs and a unique marketplace to satisfy the tastes of Cardano fans worldwide. CNFTs started selling…
American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option. AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for online payments. The new payment method already accounts for 14% of…
Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesnt frighten the CEO of the USDC-issuer Circle. Commenting on the Biden administrations proposal to work on a bank-like regulation for stablecoin issuers, Circle CEO Jeremy Allaire took a supportive stance for the recommendation. He…
Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after trapping leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day Wednesday and trending sideways since, Bitcoin is anything but bearish, many analysts argue.…
