Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recordedContinue Reading
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was alsoContinue Reading
Changpeng Zhao, founder and CEO of Binance, the biggest cryptocurrency exchange by volumes traded, pondered the importance of decentralization and the relation it has with security and freedom. Zhao stated that there are several aspects of decentralization and that this is part of a gradient scale, explaining the different waysContinue Reading
Investing shouldn’t be a light-hearted decision, but it sounds more complicated than it is. In traditional finance, some brokers guide investors through the process, making it a more straightforward experience. With Bitcoin, there can be no intermediaries, and there should not be in the true spirit of the cryptocurrency. However,Continue Reading
A proof of concept on a farm in Ireland demonstrates how bitcoin mining can create value from methane and carbon dioxide waste. This is an opinion editorial by John Quigley, a Bitcoin mining researcher and digital nomad from Ireland. A version of this article was originally published on Adaptive Analysis.Continue Reading
A renewable energy mix of solar, wind and hydropower will improve bitcoin mining profitability while helping efforts to combat climate change. This is an opinion editorial by Jerry Usman, an electrical engineer and tech writer. Is progress being made toward green bitcoin mining? Absolutely! Despite the regulatory upheavals, reasonable progressContinue Reading
The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.” Jim Cramer toContinue Reading
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société GénéraleContinue Reading
According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving has surpassed 60%. However, while most halving countdown clocks leverage the ten-minute average, the countdown leveraging the most current block intervals of around 7:65 minutes shows theContinue Reading
At the end of January 2022, non-fungible token (NFT) sales raked in $4.77 billion and NFT sales have slipped month after month since then. Last month, $549.82 million in NFT sales took place in September which shows monthly NFT sales are more than 88% lower than they were in January.Continue Reading
