Day: October 10, 2021

4 States Attract The Most Miners

Dataset from Foundry shows that four states in the U.S. have the highest Bitcoin hash rate distribution. The dataset shows that many Bitcoin miners are headed to New York, Kentucky, Georgia, and Texas. Foundry U.S. is the largest mining pool in North America and the fifth-largest globally. The hash rate is a measure of collective mining power. A mining pool enables miners to combine their hashing power with other miners all over the world. Bitcoin Mining In The U.S. According to the data, within the U.S., New York accounts for 19.9%…

Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments – Bitcoin News

Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry. Kapruka to Launch Cryptocurrency Payments Within Weeks Kapruka (Kapruka.com), a major e-commerce platform in Sri Lanka, has revealed its intention to start accepting payments in cryptocurrency quite soon. Kapruka’s founder and Chairman Dulith Herath made the announcement on Twitter this week. Quoted by the Sri Lankan Daily Mirror newspaper,…

Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR

Bitcoin could pick up momentum above $56,100 and that could attract buying in DOT, UNI, LINK, and XMR. Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on Sep. 12 to about 45% today. This shows that the strong recovery in cryptocurrencies has largely been led by Bitcoin.  This sharp run-up in Bitcoin has pushed the Fear and Greed indicator into the Greed zone. Although this indicator suggests that markets may have run up quickly in a…

Bitcoin Mining Simplified for BEGINNERS!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video we unearth what it mean to mine BITCOIN. There is a bit of technical analysis but feel free to skip though it. Hopefully after this video you’ll be richer in your background knowledge of the mining process. Who knows you might even join your own pool ! TIMESTAMPS 00:00 – Intro 00:09 – What is Bitcoin mining 01:13 – Why does Bitcoin need miners 01:47 – What is the process of Bitcoin mining 05:13 – The future of Bitcoin/…

Facebook’s Diem has global ambitions

The year 2021 seems to be a big year for the blockchain world as several projects, such as nonfungible tokens (NFTs) and centralized decentralized finance exchanges (CeDeFis), are taking the central stage. Also at the forefront is Facebook’s Libra. Not too long ago, the media was rife with the news that the world’s largest social media network was developing plans for a global digital currency. Then, after a while, it looked like Facebook shelved plans for it. Disputes with regulators around the globe had a hand in delaying and redirecting…

Cryptocurrency Market! Are we crashing more? Where is the Bottom? Bitcoin and Altcoins! 2021!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Where are the Bitcoin(BTC) and the ALTCOINS(ALTS) going? Is it safe to accumulate right now? ALL these will be answered in this video. The point is if we have met the bottom! The answer is no. I believe that we are going further down to 27.000 USDT. Can we accumulate more now for the long term? YES. Will altcoins have now a swing high? YES. Can we get in at a better price? YES. However the decision is yours to make. I…

Beltracchi’s ‘Salvator Mundi’ — Notorious Art Forger Banned from Selling at Galleries Steps Into the NFT Game – Blockchain Bitcoin News

While the world of non-fungible token (NFT) assets continues to swell, the notorious artist and art forger Wolfgang Beltracchi has joined the NFT industry with a collection of NFTs called “The Greats.” Beltracchi is well known for admitting that he forged hundreds of paintings and sold the artworks in the name of the original famed artists like Heinrich Campendonk, Fernand Léger, and Max Ernst. Wolfgang Beltracchi Introduces ‘The Greats’ Collection An infamous artist who got caught selling forged art from some of the world’s most beloved artists, Wolfgang Beltracchi, is…

Who Bought $1.6B in Bitcoin Wednesday, and Why? — CoinDesk

Here’s an example, albeit on a bigger scale, of how one firm handled a major buy of bitcoin: Last year, when MicroStrategy purchased $450 million in bitcoin, the company did so in smaller clips from Coinbase over the course of five months, not five minutes. While the price eventually moved up over the course of those several months, each trade didn’t cause it to shoot up with the same kind of ferocity seen this past Wednesday, thus keeping CEO Michael Saylor’s costs from, well, slipping away from him as he…

Mining bitcoin all day every day

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mining bitcoin all day every day #miningbitcoin #bitcoinmining #bitcoinnews #bitcoinforbeginners #cryptoforbeginners #cryptomining #bitcoinfarm #gpu ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version