Bitcoin’s halving upending global solo-mining profitability

The cost of mining one Bitcoin drastically changed after April’s halving, while eight countries with affordable electricity have already banned BTC mining. Mining Bitcoin (BTC) was once a cash cow for early individual adopters, but not since the halving earlier this year, according to a September study by NFT Evening.  People in Ireland, for example, have to spend around $321,112 to mine a single Bitcoin. In Iran, the same process would cost about $1,324. Due to energy costs, U.S. miners operated at a 50% loss when Bitcoin dropped to $57,909…

XRP Macro Charts Signal Explosive Bull Surge Amid SEC Appeal

Este artículo también está disponible en español. In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission’s decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby’s interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC’s latest legal maneuver. Bobby contrasts the immediate market reactions typically triggered by high-profile legal news with the actual long-term…

The Case for Congressional Focus on Decentralized AI

That’s why it’s imperative lawmakers not overlook decentralized AI as they begin to regulate AI. It’s probably human nature to ignore, considering the broader AI industry is exploding and dominated by some of the world’s biggest corporations. They’re acquiring startups, pushing advancements, and launching new products at a breakneck pace. While there’s nothing wrong with Microsoft, Meta, Alphabet, and others investing heavily in the industry, lawmakers need to create space for researchers, entrepreneurs, and developers to thrive as well; that entails among other things remaining vigilant on antitrust, and ensuring…

Memebet token presale surpasses $360K

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Memebet token presale has surpassed $360K as excitement grows for the first memecoin casino, offering exclusive benefits to holders. The Memebet token (MEMEBET) presale is starting to explode – it just surpassed the $360K total raised mark. Building the first-ever memecoin casino, Memebet merges the virality of joke tokens with the proven business model of crypto casinos. It’s a blueprint that benefits MEMEBET holders, who have exclusive access…

Analyst Says PEPE Bearish Continuation Is Possible For A 50% Price Crash

Este artículo también está disponible en español. The PEPE price could be in trouble from here after failing to maintain its upward momentum. This has led to a restart of the bearish momentum, and this could continue if bulls fail to pull up the price. In the event that bears do win out in this situation and maintain control, the PEPE price could continue to fall. According to crypto analyst Alan Santana, such a development could drive the PEPE price back towards levels not seen since early 2024. PEPE At…

Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations

Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at its Lake Mariner facility. Crypto Mining Firm Terawulf Sells […] Original

BOB (“Build on Bitcoin”) Announces Integration of One-Click BTC Staking into the Everstake platform

Integration of the BOB Stake SDK will allow Everstake to offer their retail and institutional users access to Bitcoin staking with just one click LONDON, Oct. 3, 2024 /PRNewswire/ — BOB (“Build on Bitcoin“), a first-of-its-kind hybrid Layer-2 combining the best of both Bitcoin and Ethereum, announced that Everstake, a leading blockchain service provider focused on staking, is bringing the BOB Stake one-click Bitcoin staking solution to the Everstake platform. This collaboration will provide up to 900,000 retail and institutional users secure and simple access to Bitcoin staking. The integration…

Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets

Este artículo también está disponible en español. Solana is trading above a crucial support level at $137 after experiencing a 17% correction from local highs around $160. This recent dip has left analysts and investors on edge, awaiting confirmation of the next price direction.  Just last week, sentiment was strongly bullish, but the current market atmosphere is filled with fear and uncertainty. One notable analyst, Carl Runefelt, has shared a chart highlighting the risk of Solana losing its key support level, which could lead to further downside. Related Reading The…