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The blockchain a remedy for the scourge of fake show

This is an opinion piece by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. This time I’m going to break down and discuss how chains of transmission work; they were originally proposed in 2015. Of all the proposals discussed so far, the transmission chains are the oldest and most fleshed … Read more

Bitcoin Miners Selling Cryptocurrency May Continue To Pressure The Token’s Price: JPMorgan

According to JPMorgan Chase & Co, bitcoin miners who need to sell could weigh on the price of the token for some time. Bitcoin miners have been forced to dip into their cryptocurrency reserves as falling prices, rising energy costs and increased competition bite into profitability. The number of coins miners are sending to crypto … Read more

Rising Energy Prices Force Crypto Miners To Sell Bitcoin At Discounted Price

Electricity costs are skyrocketing, putting pressure on the profits of companies involved in energy-intensive bitcoin mining. Some exchange-listed crypto miners sold their bitcoin at a huge discount to cover rising costs. Businesses with loans backed by bitcoins are at risk of collapsing and individual miners will be squeezed out, analysts said. Loading Something is loading. … Read more

As Energy Prices Soar, Bitcoin Miners May Find They’ve Found Fool’s Gold | Jean Naughton – Tech Tribune France

IIn the bad old days, prospecting for gold was a macabre affair involving hysterical crowds, pickaxes, digging, wearing ghastly hats, standing in rivers looking for nuggets, “staking” claims, etc. The California Gold Rush of 1848 to 1855, for example, brought 300,000 hopes to the Sierra Nevada and northern California and resulted in the slaughter of … Read more

Are Bitcoin miners under pressure? – BeinCrypto France

Are Bitcoin miners under pressure BeinCrypto France

As Bitcoin just recorded its first-ever weekly green candle, a Bloomberg report casts doubt on the viability of this recent upside rally. Indeed, the American newspaper revealed that Bitcoin miners moved $6.3 billion from their wallet to exchanges during the month of May. If Bitcoin has lost almost 22% of its value over the past … Read more

Falling Bitcoin Price Erodes Fortunes Of Potential Miners In Thailand

For Thai market authorities, the Bitcoin rout was one of the few tools to cool the once unstoppable Jasmine Technology Solution Pcl. For Thai market authorities, the Bitcoin rout was one of the few tools to cool the once unstoppable Jasmine Technology Solution Pcl. The telecom-turned-crypto company has lost more than a third of its … Read more

Bitcoin Miners In Kazakhstan Will Pay Taxes Correlated To The Price Of BTC

Bitcoin Miners In Kazakhstan Will Pay Taxes Correlated To The

Once seen as an attractive country for Chinese Bitcoin miners after the country cracked down on all BTC mining activity, Kazakhstan now looks set to create new taxes that will negatively impact the industry. On April 14, National Economy Minister Alibek Kuantyrov told a government briefing that his team was working on a tax plan … Read more