News
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BT Daily News: Bitcoin breaks free: Will recent spike leave bear market behind, and more
Exchanging hands at $27,524 per coin at press time, Bitcoin [BTC] ended last week’s trading session with an impressive 35.8% increase in value, causing it to rally out of the deep bear market territory, Glassnode found in a new report. -
BT Daily News: Bitcoin Miners Are Starting to Emerge From Brutal Crypto Winter, and more
The bitcoin mining industry appears to be getting back on its feet after a long crypto winter that saw major bankruptcies and fire sales. Even though mining economics have improved only marginally as bitcoin trades above $20,000, capital is starting to flow into the sector once again. -
BT Daily News: India’s Crypto Industry Finally Sees Lawmakers Engaging, and more
On Saturday, India’s crypto industry pulled off a near coup by bringing lawmakers and members of India’s ruling party to a conference discussing Web3. -
BT Daily News: 10 Top Crypto Conferences to Watch Out for in 2023, and more
Attending cryptocurrency conferences is one of the best methods to learn more about cryptocurrencies and blockchain, as well as about DeFi, the metaverse, and all other emerging concepts. -
BT Daily News: Cryptocurrency mining is still profitable in 2023? and more
Cryptocurrency mining is still profitable in 2023, but it may not be as rewarding as in the past. Cryptocurrency mining is still profitable in 2023, but it may not be as rewarding as in the past. -
BT Daily News: TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility
TeraWulf (WULF) has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online representing computing power, or hashrate, of about 1.0 exahash per seond (EH/s). -
BT Daily News: Bitcoin’s price gains this year bring needed relief to cash-strapped crypto mining industry
The recovery of Bitcoin prices since the start of the year has brought some breathing space to the companies that mine the world’s largest cryptocurrency after 2022 drove many to warn of cash shortages or even in the case of Core Scientific, one of the biggest publicly traded miners, to file for Chapter 11 bankruptcy. -
BT Daily News: IMF-FSB Joint Paper To Form Global Crypto Rules, and more
Global crypto rules will be derived from a synthesis paper jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB), India has officially announced as President of the G20 group of nations. -
Bitcoin Mining or Trading: Which Is Better for You?
Bitcoin is the first cryptocurrency, making it one of the most popular and valuable in the market. Because of these reasons, many people want to earn from it. The two most common ways of earning from Bitcoin are trading and mining. -
BT Daily News: Crypto and Bitcoin Miners Rebrand and Diversify to Survive
Bitcoin miners are trying to survive an icy crypto winter by broadening the scope of their business, both in name and in practice. On Jan. 4, one of the biggest publicly traded bitcoin mining firms announced that it was swapping the “Blockchain” out of its name for “Platforms." -
Crypto Mining— Environmental Burden or Boon?
Every ten minutes, a race takes place across the world. Over one million participants frantically compete to solve a newly issued cryptographic math problems using computer systems. But perhaps a better word than solve is guess: the rules of this race dictate that all participants should tediously guess and check their answers until a winner stumble upon the correct answer. -
BT Daily News: Bitcoin Hashrate Hits 300 EH/s Mark as Industry Gets Some Breathing Room
Computing power on the bitcoin network, or hashrate, reached 300.65 exahash per second (EH/s) Wednesday as miners got some breathing room amid a bitcoin price rebound and a decline in energy prices.
