Day: March 14, 2022

Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power – Mining Bitcoin News

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Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims to produce 255 TH/s at 20.8 joules per terahash (J/T). 255 TH/s and 20.8 J/T: Bitmain Launches the Most Efficient Mining Rig to Date The application-specific integrated circuit (ASIC) manufacturer Bitmain is turning heads with its latest product. The Antminer S19 XP Hyd. is a…

🚨 Bitcoin: Un SANS Faute depuis 2010 (.. preuve)

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EU Committee Rejects Proposal to Ban PoW Networks Such as Bitcoin

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Quick take: The EU’s ECON committee has voted against a proposal to ban proof-of-work crypto networks in the region 32 members of the committee voted against the proposal with 24 in favor The proposal was meant to target proof-of-work networks such as Bitcoin’s that did not meet environmental sustainability standards Crypto mining will most likely be added to the EU sustainable finance taxonomy The Committee on Economic and Monetary Affairs (ECON) of the European Parliament has just voted against a bill that proposed a ban on the use and mining…

Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests

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Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for traders to dump another big stash of the Russian national currency if a classic bullish continuation pattern plays out. Bitcoin heads towards 11 million rubles Dubbed the “ascending triangle,” the pattern appears when the price consolidates between a rising lower trendline (support) and a flat upper trendline (resistance). It completes after the price breaks out of the consolidation range in the direction…

BTC Continues to Consolidate, Despite Encouraging Comments From Elon Musk  – Market Updates Bitcoin News

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Bitcoin and ETH were once again consolidating to start the week, despite bullish comments from Elon Musk. In a tweet earlier today, Musk said: “I still own & won’t sell my Bitcoin, Ethereum or Doge.” Although prices marginally rose, they remain close to recent support levels. Bitcoin The world’s largest cryptocurrency rebounded from its support level to start the week, however it still remained below $40,000. Following a low of $37,680.73 on Sunday, BTC/USD has so far risen to an intraday high of $39,234.62 on Monday. Today’s high comes as…

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

CryptoX – Cryptocurrency Analysis and News Portal “5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article 10 of that Regulation, with a view to including in the EU sustainable finance taxonomy any cryptoasset mining activities that contribute substantially to climate change mitigation and adaptation.” Original Source The post Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote appeared first on CryptoX. CryptoX Portal

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources

“5. By 1 January 2025, the Commission shall present to the European Parliament and to the Council, as appropriate, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article 10 of that Regulation, with a view to including in the EU sustainable finance taxonomy any cryptoasset mining activities that contribute substantially to climate change mitigation and adaptation.” Source

Bitcoin tracks $39K ahead of Europe vote on proof-of-work legality

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Bitcoin (BTC) stayed steady at $39,000 into March 14’s Wall Street close as stocks took the opportunity to reclaim some losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls need “miracle” $40,600 reclaim Data from Cointelegraph Markets Pro and TradingView showed BTC/USD unmoved at the opening bell on March 14. The pair had rebounded from a last-minute comedown into March 13’s weekly close to  avoid a deeper retracement. The week was set to bring many potential challenges for bulls, however, beginning with a European vote on outlawing proof-of-work algorithm cryptocurrencies March…

Bitcoin Hashrate Swells 15% Since Last Week As Analysts Expect Mining Difficulty To Increase

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Bitcoin mining difficulty fell by 1.5% last week, following the full recovery of China’s mining ban last year. China started to crack down on cryptocurrency, prohibiting financial institutions and payment companies from providing services related to cryptocurrency transactions. China accounted for roughly 75% of the “average monthly hashrate share,” a term used to calculate the computational power needed to mine Bitcoin. After Beijing effectively banned the country’s cryptocurrency miners in May, more than half of bitcoin’s hashrate disappeared from the global network. But as of the early months of 2022,…

Todo sobre blockchain en 2022: Web 3.0, NFTs y las DeFi – Tertulia en Itnig #1

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Una tertulia en vivo en la que discutiremos sobre varios asuntos relacionados con la tecnología blockchain, como la evolución de la Web 1.0, 2.0 y 3.0, la descentralización de datos, y los casos de uso de blockchain que se han transformado en negocio como la compra y venta de NFT o Tokens No Fungibles en plataformas como Open Sea. En esta tertulia junto a Bernat Farrero, Jordi Romero y Pablo Villalba debatimos sobre las finanzas descentralizadas o DeFi, y sobre qué son…