Companies in the Bitcoin mining space have primarily enjoyed a favorable regulatory landscape in the United States. For many of these firms, their goal is to redistribute the global hash rate and curb China’s dominance. However, one company is facing pullback from residents of a New York town following an expansion Read more…
On a sweltering summer afternoon in West Texas, a cryptocurrency miner backed by billionaire Peter Thiel powered down its data-processing centers for about 30 minutes. During that short window, the company made money not from Bitcoin, but from selling electricity. On hot days without wind, the company, Layer1, can sell Read more…
Miners on the Bitcoin network have increasingly become bullish about the top cryptocurrency’s potential long term gains, per data collated from wallet addresses. This is despite the price of Bitcoin r struggling to stay above $11,500 and finding the hurdle above $12K too high for the time being. According to data from Read more…
Amidst the oil market madness, can Bitcoin (BTC) pull through to hit $10,000 before the halving? Can Bitcoin brace the current market and rise beyond the $10,000-mark before the halving? Here are our top 5 picks in favor for a bitcoin bull rally. 1. Bitcoin (BTC) spikes above $6,900 breaching above Read more…
The price of Bitcoin has now broken through the $6,000 barrier as its price continues to recover from the crash earlier this month. The price of Bitcoin (BTC) has suddenly broken upwards through the $6,000 barrier—and is now at $6,300. The surge came at exactly 12.00 UTC. Within 40 minutes, Read more…