Cryptocurrency Analysis and News Portal
“Zero Hash has defined a new fintech vertical of ‘digital-assets-as-a-service,’” founder and CEO Edward Woodford said in a press release. “Our thesis is very simple – every financial services firm and a wide variety of customer businesses will offer a crypto or NFT product within the next 12 months.” Original Source
Read More
As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mining yet? Will it ever be? A Recap Just a few days after the Bitcoin hashrate reached an All-Time High, thus
Read More
Violent protests have poured into the capital of Kazakhstan in an outraged response to sharp fuel rate hikes. For citizens of the central Asian country, the government has resigned and a state of emergency has been declared in the nation’s capital. But for the rest of the world, the turmoil
Read More
Prime Blockchain (PrimeBlock), a new cryptocurrency mining company in the United States, is hiring its inaugural management team after starting to mine Bitcoin (BTC) in September.PrimeBlock told Cointelegraph on Thursday that it appointed Goldman Sachs veteran Gaurav Budhrani as the company’s CEO.Budhrani spent over 10 years at Goldman, with his
Read More
Bitcoin (BTC) has all but deleted any trace of the mining ban which saw hash rate dive 50% this year.According to the latest estimates, the network hash rate is now back at levels from May, just before China outlawed its Bitcoin mining industry.Hash rate recovers the dipFive months since the
Read More
Following sweeping crackdowns by China against Bitcoin mining activity, the United States has now emerged as the leading nation in terms of hash rate.According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), Bitcoin (BTC) miners in America account for 35.4% of the total global BTC mining hash rate distribution.CBECI data
Read More
The funding round was led by the venture arm of Point72, the firm helmed by billionaire investor and New York Mets owner Steven Cohen.Sep 30, 2021 at 2:19 p.m. UTCUpdated Sep 30, 2021 at 2:19 p.m. UTCEdward Woodford, co-founder of Seed CX and Zero Hash, far right. (CoinDesk archives) Original Source
Read More
Bitcoin miners based in China now control less than 50% of the total BTC hash rate Hash rate originating within China is dropping as the government continues to crack down on Bitcoin mining The United States is the biggest beneficiary of the migration of mining away from China Bitcoin’s hash rate has also
Read More
The Bitcoin (BTC) price is not the only metric seeing record numbers as the network hash rate has set a new all-time high.According to data from Blockchain.com, the estimated seven-day average Bitcoin hash rate is now at about 148 exahashes per second, or EH/s. This figure represents the amount of
Read More
Riot Blockchain, a Nasdaq-listed cryptocurrency mining company, has inked another deal with Chinese mining giant Bitmain to buy 15,000 Antminers. According to a Dec. 21 announcement, the Colorado-based firm expects the new purchase will contribute a 65% increase to its total Bitcoin (BTC) mining hash rate.The purchase cost Riot $35
Read More