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‘ASIC Financing’ Is Driving Down Bitcoin Mining Profitability

Bitcoin mining profitability is in the basement, seeing all-time lows in 2020.Conversely, Bitcoin's hashrate has surged throughout 2020, propelled in part by mining farms financing new hardware to boost their operations.Bitcoin's hashrate has taken a dip as China's wet season comes to an end, but mining professionals predict this will

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Blockchain tech’s multipurpose role in driving global advancement

Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations.Food industryBlockchain tech in the

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First Mover: Capitalism’s Biggest Crisis Isn’t Driving People to Bitcoin – It’s the Volatility

“It was the best of times; it was the worst of times.”The opening line to Charles Dickens’ "A Tale of Two Cities" provides an apt-enough description of the moment crypto investors now find themselves in as the coronavirus takes a devastating toll on the global economy, raising ugly questions about

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