Your guide to cryptocurrency mining
Bitcoin (BTC)
Because the value of Bitcoin is falling, the mining equipment has begun to operate at a loss. Electricity costs are rising and profits are falling. As Bitdeer points out, some equipment, like Antminer, that was produced in 2019 has stopped making a profit. So far, devices such as Antminer S19 and Whatsminer M30S+ and Antminer S19j are profitable.
Michael Saylor: “Bitcoin will never hit zero” . In an interview with Squawk Box on CNBC, prominent Bitcoin proponent Michael Saylor stated that BTC skeptics and opponents have failed. He mentioned a bill to regulate cryptocurrencies in the US, which Senators Kirsten Gillibrand and Cynthia Lummis have already completed work on.
U.S. firm Crusoe Energue, which specializes in using surplus natural gas for Bitcoin BTC mining, will soon begin deploying generators and equipment to collect the flared gas in Muscat, the capital of Oman. Crusoe CEO Chase Lochmiller commented that the company considers its presence in the Middle East and North Africa region important because that location accounts for 38% of global excess natural gas flaring from oil wells.
WASABI WALLET Wasabi is an open-source, non-custodial, privacy-focused Bitcoin wallet. It is a piece of software that runs on your computer and helps you to manage your bitcoins. Although Wasabi…
Taproot and Schnorr signatures – Coming soon updates to improve the privacy and scalability of the Bitcoin network. The privacy and scaling updates of Taproot and Schnorr signatures have made…
Bitcoin is changing the world, and any of its committed followers without hesitation will drum you a long list of reasons why the future of money is cryptocurrencies. And he…
European leaders, including Angela Merkel and Emmanuel Macron, have warned of the possibility of new outbreaks of disease. Due to COVID-19, in March, the value of cryptocurrencies fell by half,…
BitPay Desktop Wallet is a multi-signature HD wallet originally created to protect BitPay. BitPay supports several personal and general wallets, testnet and a full payment protocol. A private BWS site…
The scale of the withdrawal of bitcoins from cryptocurrency exchanges is at a six-month high. This is evidenced by the data provided by the Glassnode service. As of May 7,…
Halving Bitcoin (BTC) 2020? A bit more than a week remains before the main event of 2020 in the crypto world, a bitcoin halving. Over the past month and a…
