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US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States  – Economics Bitcoin News

After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed

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Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate

Iran-based sellers on peer-to-peer trading platform LocalBitcoins are currently asking for around 1 billion Iranian rials or over $24,000 per Bitcoin (BTC) — well over its 2017 all-time high — as tensions reach a boiling point between Washington and Tehran.LocalBitcoins lowest offers per BTC. Source: LocalBitcoinsBitcoin price soars in

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Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain

Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020.Chinese industry news outlet 8BTC reported on Dec. 24 that the new ASICs will have significant advantages compared to the previous generation. The new firm’s 5nm manufacturing process is expected

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