Messari: Public mining companies have sold almost all BTC mined in 2022
Tom Dunleavy, an analyst from the research cryptocurrency company Messari, believes that miners who immediately sell mined bitcoins have a bad effect on the price of BTC.
Argo Blockchain To Sell Galaxy Digital Mining Center in Texas for $65 Million
Mining company Argo Blockchain has announced strategic deals with Galaxy Digital. As a result, the firm will sell its flagship data center in Texas for $65 million and refinance loans.
Argo Blockchain Sells Helios Facility to Galaxy Digital
To avoid bankruptcy, Argo Blockchain had to sell the Helios facility. The company also received a loan of $ 35 million. After the suspension of trading on NASDAQ, the company announced in a press release that it was selling the Helios facility to Galaxy Digital Holding for $65 million.
Binance Cloud Mining shut down due to weather in the USA
Due to extreme weather conditions in North America, Binance Cloud Mining products have been disabled. It's all about power outages and blackouts. Thus, the administration of Binance announced that it will extend the validity of subscriptions to the Cloud Mining product for three days to compensate its users for losses.
Canaan expects a moderate decline in its revenue by the end of 2022
While the price of bitcoin has decreased by 70% since the beginning of the year, the turnover of Canaan is reduced by only 14% in yuan.
Miners have become more likely to turn to "green" initiatives
Crypto miners are often criticized by regulators and activists for non-ecological activities. In this regard, profile manners began to turn more and more often to the so-called "green" initiatives.
Mike Novogratz bought the Helios mining farm because of his faith in Bitcoin
Galaxy Digital CEO Mike Novogratz considers the company's decision to acquire the Helios bitcoin mining enterprise very successful.
2 mining pools control more than 53% of the hashrate of the bitcoin network
On the evening of December 28, 2022, the computing power of the bitcoin network (BTC) increased to 300 Eh/s (hash/sec). Three days before its growth on December 25, the BTC hashrate fell to a minimum of 170 Eh/s, which happened due to a power outage by bitcoin miners from Texas to remove excess load from the network.
Shibarium Blockchain and second-level solution
The Shibarium blockchain, which is expected to launch in 2022, is a second-level solution for the innovative Shiba Inu (SHIB) meme coin. In partnership with the Unification Foundation, the launch of the Shibarium blockchain will introduce a new protocol for the SHI stable coin. In addition, Shibarium will add new utilities to the Shiba management token, BONE.
Olympus DAO Decentralized Reserve Currency Protocol
In this article, we will try to understand what Olympus DAO is, and also tell you what this innovative protocol does, what is the mission of its team, and how to participate in it.
When to fix profits in investments in cryptocurrency?
There are a number of factors to consider when planning to sell your crypto assets. Since knowing when it is best to sell cryptocurrency is of great importance for a profitable return on investment.
Kadena and the KDA token
The Kadena network presents new solutions for scaling the first-level proof of work (PoW) blockchain, designed for both individual developers and enterprises.
Exploring the XinFin Network blockchain and the XDC Token
XinFin Network is an enterprise—class hybrid blockchain solution. The XDC protocol, based on the native XDC token, uses the Public XDPoS consensus mechanism to verify transactions.
How to find a large and profitable project in the field of crypto?
How to find a new crypto project? The widespread adoption of blockchain and Web3 has caused a global shift in attitudes towards cryptocurrency. Not so long ago, the media spoke negatively about Bitcoin and cryptocurrency in general. It was assumed that cryptocurrency is a hoax, a fraud, doomed to failure and suitable only for illegal activities.
Crypto trading with leverage: features and Nuances
Have you ever wondered how to use leverage in cryptocurrency trading? The amount of leverage in cryptocurrency, depicted in the ratios, looks like this: 5x corresponds to a ratio of 1:5, and 20x — 1:20. Thus, the coefficient shows how the trader's capital is multiplied.
