Day: November 12, 2021

Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner – Mining Bitcoin News

At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and profitable bitcoin miner today. The New Antminer S19 XP Boasts 140 TH/s and 27% Less Electricity Consumption per Terahash This week the bitcoin mining industry has been buzzing about a new ASIC SHA256 mining rig…

Are institutional investors the key silent partners of crypto?

Imagine an institutional investor like an insurance company or pension fund decides that it wants to test the cryptocurrency waters. Or maybe a large corporation is looking to buy some Bitcoin (BTC) to diversify its treasury holdings. One thing they’re unlikely to do is announce their intention beforehand.That could drive up the price of the digital asset they are trying to buy. Thus, there’s often a lag between a large institution’s action — purchasing $100 million in Bitcoin, say — and its public announcement of such. “Institutional participation flows in…

Chinese Crypto Miner The9 Expands in US With Compute North Deal

The9 has signed a 32 megawatt (MW) mining capacity deal with Compute North to deploy 10,000 miners in the U.S. The high-end S19j miners will be online starting from the second quarter of 2022, the Shanghai, China-based miner said in a statement. The company also plans to add 14,000 miners with other hosting partners in countries including Canada, starting in December. With all 24,000 miners online, the company expects to have a hash rate of 2,160 PH/s. The move is the latest in the “great migration” of China-based crypto mining…

a Curated Designer NFT Marketplace and Series for Cardano – Press release Bitcoin News

press release PRESS RELEASE. Sydney, Australia – Cardingo is an NFT series and Cardano NFT marketplace that has secretly been in the works for months. While the world waited for Cardano smart contracts, the Cardingo team busily went to work on a series of NFTs and a unique marketplace to satisfy the tastes of Cardano fans worldwide. CNFTs started selling long before smart contracts. Platforms like cnft.io and easycnft.io have offered CNFTs for months. They have been so successful in fact the platforms are inundated with an overwhelming and constant…

AMC Theatres debuts online Bitcoin payments after months of teasing

American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option. AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for online payments. The new payment method already accounts for 14% of AMC’s total online transactions, Aron said, adding that cryptocurrencies join traditional payment options like Apple Pay, Google Pay and PayPal, the CEO wrote. Dogecoin (DOGE), a popular meme cryptocurrency that…

BlackRock iShares Exec Says Firm Has ‘No Current Plans’ to Launch Crypto ETFs: Report

BlackRock global head of iShares and index investments, Salim Ramji, said in an interview the $9.5 trillion firm has “no current plans” to launch cryptocurrency exchange traded funds (ETFs). “I personally think crypto – things like stablecoins and certainly things like distributed ledger technologies are a disruptive technology,” Ramji told the Financial News in an interview. However, Ramji, who sits on BlackRock’s global executive committee, also said the asset manager is holding back on launching cryptocurrency ETFs due to the “opaque” regulatory framework and liquidity concerns. In May, BlackRock CEO…

What is CryptoCurrency? | Everything About Bitcoin & Cryptocurrencies Explained for Beginners

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video you will get to know everything you need to Know About Cryptocurrency, Investments in Bitcoin and Other Cryptocurrency and how this Digital System Works. Download India’s simplest Bitcoin app, CoinDCX Go: Use the Code PUSHKAR100 while signing up to get Rs.100 worth of free bitcoin 🔥 Offer valid only for limited time period Buying Bitcoin on CoinDCX Go is as easy as tapping on your smartphone! If you are new to cryptocurrency, CoinDCX Go is definitely a go-to app…

What is CryptoCurrency? | Everything About Bitcoin & Cryptocurrencies Explained for Beginners

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video you will get to know everything you need to Know About Cryptocurrency, Investments in Bitcoin and Other Cryptocurrency and how this Digital System Works. Download India’s simplest Bitcoin app, CoinDCX Go: Use the Code PUSHKAR100 while signing up to get Rs.100 worth of free bitcoin 🔥 Offer valid only for limited time period Buying Bitcoin on CoinDCX Go is as easy as tapping on your smartphone! If you are new to cryptocurrency, CoinDCX Go is definitely a go-to app…

USDC issuer Circle supports proposal to regulate stablecoin issuers as banks

Issuers of stablecoins like Tether (USDT) and USD Coin (USDC) may soon be required to work under the same regulations as banks, but that seemingly doesn’t frighten the CEO of the USDC-issuer Circle. Commenting on the Biden administration’s proposal to work on a bank-like regulation for stablecoin issuers, Circle CEO Jeremy Allaire took a supportive stance for the recommendation. He highlighted that proposal’s aim to regulate dollar stablecoin issuers in the United States financial system as banks at the federal level by the Federal Reserve represents significant progress for the…

Bitcoin due to hit $90K ‘in coming weeks’ despite pullback — latest technical analysis

Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders. In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action. Update: High timeframes “remain bullish” Despite losing $4,000 in a single day Wednesday and trending sideways since, Bitcoin is anything but bearish, many analysts argue. With short-term conditions punishing leveraged long traders but funding rates still high, however, hodlers may be in for more pain before a recovery kicks in. When it does, new all-time…