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Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found … Read more
A financial professor is skeptical about Bitcoin’s design but is still very much involved in crypto research and is bullish about the future of digital assets. Go to Source Powered by WPeMatico
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia. Go to Source Powered by WPeMatico
The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to one percent of the industry’s total hash rate, according to a report by Arcane research. Go to Source Powered by WPeMatico
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill. Go to Source Powered by WPeMatico
The hearing, “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States,” is the latest from Congress to explore the issues concerning crypto assets. Go to Source Powered by WPeMatico
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans. Go to Source Powered by WPeMatico
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation. Go to Source Powered by WPeMatico
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs. Go to Source Powered by WPeMatico
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars after its latest funding round, and is backed by companies … Read more
