Month: January 2022

US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position – Mining Bitcoin News

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Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. The United States Commands a Large Concentration of Bitcoin Miners, 66 Exahash Recorded in the US on January 24 According to chainbulletin.com’s mining map, there is a large concentration of the Bitcoin network’s hashrate located…

Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting

“First Mover” hosts were joined by Marc Lopresti, managing director at The Strategic Funds, for an in-depth analysis on the crypto markets as cryptocurrencies suffer yet another sell-off. Since November, about $1.3 trillion has been wiped out in the total market cap. Plus, what could we expect from the Biden administration’s digital asset strategy that’s reportedly set to release next month? Nyca Partners Executive-in-Residence Matt Homer and CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De provided their insights. Then CoinDesk Executive Editor Marc Hochstein explained Privacy Week at…

Has Bitcoin Reached Its Bottom? Analyst Says It Still Has A Long Way To Go

Bitcoin has had a rollercoaster of a month in January. The digital asset which enjoyed much success in 2021 has walked into 2022 with bloody feet. Since then, it has managed to crumble more than 50% of its $69K all-time high. As nerves run high, investors scramble to make sense of when the onslaught will cease. As bitcoin is yet to see any significant support below the $40,000 level, analyst says the worst may be yet to come. Bitcoin Has Lost Critical Support Level Pseudonymous analyst Dave the Wave is…

Reasons to invest on bitcoin or not by Neha Nagar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoins #bitcoin #cryptocurrency #bitcoinmining #crypto #bitcoinnews #blockchain #btc #ethereum #bitcoinprice #bitcoincash #bitcointrading #cryptocurrencies #forex #money #bitcoinexchange #investment #cryptotrading #litecoin #trading #bitcoinbillionaire #forextrader #binaryoptions #investing #cryptonews #bitcoinvalue #entrepreneur #invest #bitcointechnology #bhfyp #nehanagar ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Here’s 5 altcoins to study as crypto prices drop close to a 1-year low

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The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand. Despite traders’ concern that another extended crypto winter could be starting, it times like these when investors can capitalize on great opportunities to pick up fundamentally sound cryptocurrencies at a discount. Crypto Fear & Greed Index. Source: Alternative.me In that vein, here’s a closer look at several…

The Winners of Metaverse Alliance 2021 Global Metathon – Press release Bitcoin News

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press release PRESS RELEASE. Lasting for two months, the largest Metaverse Hackathon (called Metathon) organized by Metaverse Alliance and LD Capital has officially ended on January 21, 2022, PST. Over 100 contestants took part, with nearly 280 developers from 13 different countries engaged. To ensure the professionalism and fairness of the Metathon, 36 judges were invited from the leading funds such as Republic, Delphi Digital, Binance Labs, LD Capital, YGG, HashKey Capital, Huobi Ventures, OKEx Blockdream Ventures, KuCoin Labs, DHVC, NGC, SpringWind, Kardiachain, MEXC Pioneer, etc., top tier public chains…

Lohnt sich Bitcoin Mining für mich? 24h minen mit Gaming PC | Guide & Selbstexperiment 2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In diesem PowerTest testen wir, ob es sich für jeden lohnt Bitcoin zu minen. Und wie einfach das ist. Dazu gehen wir mit euch alles durch, von den Voraussetzungen über die Software bis hin zur Auszahlung. Wir versuchen uns hier mit Nicehash, einem ziemlich einfachen Programm zum Minen für jedermann. Das Experiment: wir minen 24 Stunden lang und schauen, was am Ende nach Abzug der Stromkosten übrig bleibt. Lohnt es sich für einfach nebenbei wirklich wenn man nur einen Gaming PC benutzt?…

Fitch Ratings warns of risks crypto miners pose to US power supply

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Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power. In a Monday notice, Fitch Ratings said that only utilities in states like Washington, which have excess generation capacity, may be capable of meeting the power requirements of many crypto mining operations. The agency claimed that though some crypto mining firms can become “the largest customer in a rural service territory,“ the operations typically bring in “very little additional economic benefits” from jobs…

Cosmos Climbs Higher, While Solana’s Fall Continues – Market Updates Bitcoin News

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After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. ATOM/USD climbed to an intraday high of $36.23, which is around $10 from its all-time high (ATH), which it hit on January 7th. Monday’s move came as prices rebounded from the recent support level of…