Your Daily Digest of Global Stories
Creating a strategic bitcoin reserve could bring stability to mining activity in the US. Mining all remaining BTC in the US would benefit the country, but would have centralization risks. Donald Trump has made several promises related to bitcoin during his campaign. Among them, he has promised to release Ross Ulbrich, the creator of Silk…
Mining companies hope that the new president will generate a favorable context for their industry. For the first time in history, the US Congress has a majority of pro-bitcoin officials. Managers, advisors and companies dedicated to Bitcoin (BTC) mining in the United States have welcomed Donald Trump’s victory in the presidential elections in this country…
The most profitable Bitcoin ASIC costs $20,000, double that of ALPH. ALPH’s most profitable mining rig also surpasses those of DOGE, KAS and LTC. Bitcoin is the largest crypto asset in the world, and its security and global distribution is unmatched in the world of cryptocurrencies. However, Bitcoin mining is not going through the best…
The telecommunications giant Deutsche Telekom is behind the mining project. They are looking for Bitcoin miners to stabilize energy production peaks. Deutsche Telekom, through its subsidiary MMS, in collaboration with the German bank Bankhaus Metzler, began a pilot project to use Bitcoin mining to stabilize Germany’s electrical grid. This project takes advantage of surplus energy…
The Bitcoin mining industry experienced another challenging month in October, according to a recent JP Morgan report. Despite a significant increase in hashrate, which measures the computing power used to mine cryptocurrencies, miners’ revenue and profits continued their downward trend. This is the fourth consecutive month in which a decline in daily Bitcoin mining revenue…
Vladimir Putin, the president of Russia, approved legislation on August 8 that legalizes Bitcoin mining activity in the country. A part of said legislation officially comes into force today, November 1, 2024. Bliss law exposesalso according to the Duma, states that the requirements for carrying out bitcoin and cryptocurrency mining activities by natural and legal…
Apart from the miners, destroyed banknotes are displayed, in reference to the future of currencies. The artistic exhibition is exhibited in the BCRA Historical Museum. The Central Bank of the Argentine Republic (BCRA) inaugurated an unprecedented exhibition in its Historical Museum. The exhibition, shared by the artist Alberto Echegaray and titled “Art, Artificial Intelligence and…
Bitcoin mining in the United States has a significant global dimension. Today, more than 35% of the hashing power in bitcoin comes from this country. And in a few days, the leadership of the country with the second largest mining power in the world will change, after the new president is decided in the elections…
Prior to the DATUM protocol, this pool had an average of 1 block mined per month since June. Users entering this pool in October caused an increase in the hash rate. Since October 2024 began, the pool bitcoin (BTC) mining company Ocean, through its new decentralized mining protocol DATUM (“Decentralized Alternative Templates for Universal Mining”),…
The hashprice indicates how much a miner can earn per processing unit. This indicator remains at historic lows, but is beginning to promise relief to miners. Bitcoin (BTC) miners have land in sight with the rally in the price of BTC towards all-time highs. Although the break of this ATH (All-Time High, an acronym that…
