Mining

FTX, the bankrupt cryptocurrency exchange, has made headlines with its decision to sell a staggering $3.5 billion in crypto assets through an Over-the-Counter (OTC) sale. These claims rattled the market, as an expert explains that this could be the opportune moment to consider investments in SHIB and BTCS. FTX’s recovery plan includes locking…

A Bitcoin (BTC) miner who received 19.8 BTC in fees from blockchain infrastructure firm Paxos has returned the funds after it claimed the company made a mistake in paying over $500,000 in transfer fees.F2Pool have sent the 19.82108632 BTC fee overpayment back to Paxos https://t.co/IB32RNq5uO— mempool (@mempool) September 15, 2023 On Sept. 10,…

Cryptocurrency adoption in Latin America is on the rise, accounting for 9.1% of the global crypto value received in 2022 and totaling $562 billion from July 2021 to June 2022. This massive surge can be partially attributed to…

Crypto mining activities are flourishing in Iceland due to a large number of energy surpluses. However, there are fears of a decrease due to the reduction in the construction of more energy plants in the country. There’s an important part of the crypto industry that the world mostly focuses on. It is how crypto mining activities harm the…

Las Vegas, NV, Sept. 14, 2023 (GLOBE NEWSWIRE) -- In this current economic slowdown, workers are accepting low-quality jobs with unspecified duty hours and at low pay rates. While challenging economic conditions are pushing people into informal employment, declining job creation has stagnant employment opportunities. Slow economic growth…

A non-custodial Bitcoin-only exchange with a head office in Canada, Bull Bitcoin, has formed a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution.According to Bull Bitcoin’s press release from Sept 14, both the citizens of Costa Rica and “foreigners” will be able to…

The crypto world experienced significant changes over the past few years. Cloud mining wasn’t an exception, either. Cryptocurrency cloud mining brought improvements in financial landscapes. It creates new opportunities for people looking to grow financially. There are plenty of options available for investment purposes. But crypto cloud mining…

With Bitcoin mining difficulty at an all-time high, is it too late for beginners to start mining the largest cryptocurrency by market cap? The short answer is No — there are specialized services that make the whole mining process look easy.Bitcoin mining is a tricky business. It requires expensive hardware equipment, cheap and stable electricity…

What happened For obvious reasons, the value and performance of cryptocurrency mining stocks are heavily dependent on the trajectory of cryptocurrency prices. Where the leading coins and tokens go, the miners tend to follow.  This was the dynamic in effect on Tuesday, with a score of miners seeing decent, if unspectacular, stock price rises on…

While debate rages on about the possible approval of an exchange-traded fund based on the spot price of the benchmark cryptocurrency, individual cryptos have again suffered lackluster trading. In what seems to be another week of sideways consolidation, investors need to be extremely cautious with decentralized digital assets. While not a…