News
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BT Daily News: Cryptocurrency Market Rallies, BTC Up 1.7%, ETH Rises 2.1%
Cryptocurrency prices were trading in the green on Tuesday morning as Bitcoin (BTC) and Ethereum (ETH) soared along with other altcoins. Meme coins like Dogecoin and Shiba Inu were also trading with gains. -
BT Daily News: Is the bitcoin winter beginning to thaw out?
Ben Gagnon, chief mining officer at Bitfarms sees anything below $20,000 as the price where fair-weather institutional investors retreat from the currency for good, which will help stabilize bitcoin’s current volatility and send it up an upward path. -
BT Daily News: Colorado Becomes First State to Accept Bitcoin for Tax Payments
In a new first for bitcoin adoption by governments, Colorado has officially become the first U.S. state to allow citizens to pay taxes in bitcoin (BTC).
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BT Daily News: Bitcoin miners don’t exist – but bitcoin validators do
Meanwhile, even with the hash rate sky high, miners keep building and building onto the infrastructure. That’s incredibly bullish for bitcoin’s long-term prospects. -
BT Daily News: US Share of Bitcoin Mining Has Spiked in the Past Two Years, From 3.5% To 38%
Most mining firms are looking for places with low electricity costs, and the US provides that. The states could benefit from Bitcoin mining through tax revenue and employment creation. -
BT Daily News——Evaluating Ethereum: 1 Week After the Merge
Ethereum's new validator system ushered in a new cast of characters responsible for keeping the chain up and running. With these new characters came new concerns around network centralization. -
BT Daily News: BitNile Expects Bitcoin Mining Run Rate to Double by Year-End
BitNile Holdings Inc. is expecting its Bitcoin mining production run rate to nearly double by the end of the year. The investment holding company said Monday that its run rate is projected to hit 4.7 bitcoin a day by month's end and 9.3 bitcoin a day by year's end with the help of new miners being installed this month. -
BT Daily News: Ethereum 'merger' could come under SEC scrutiny
According to the Wall Street Journal, Ether's recent shift from its previous PoW to a PoS model, which classifies the world's second largest cryptocurrency as a security, may have caught the attention of SEC Chairman Gensler. -
Forestminer EPU 1-C 2800Mh/s Product Description & Setup
Forestminer is a new Ethereum Miner manufacturer. They bring us their newest product for 2022. This power Ethereum Miner comes with 2800Mh/s Hashrate with 3700W Power consumption. Definitely one of most profitable miners of the year in 2022. -
BT Daily News: BTC miners have this to look forward to amid mining difficulty reaching ATH
Data analytics platform Glassnode has also provided an update on Bitcoin Hashrate. The share of BTC hashrate of Poolin has declined by over 12.4% to just 4.8% of the total. -
BT Daily News: The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain
The massive overhaul of Ethereum known as the Merge has finally happened, moving the digital machinery at the core of the second-largest cryptocurrency to a vastly more energy-efficient system after years of development and delay. -
BT Daily News: Bitcoin hashrate hits new highs as price stays late – What it means for miners
A broad miner capitulation started in the beginning of the summer as the bitcoin price took a deep plunge, erasing all gains made in the previous year.
