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Now, an “overweight” rating isn’t a “Buy this now, oh my goodness, what a steal! This stock is liable to rip your face off” rating; instead it’s more of a “Hey, this thing will perform well compared with its peers.” Basically, “If mining stocks don’t all go up, at least
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Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which
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The crypto winter has clearly been rough for miners, who have seen profit margins shrink as bitcoin prices plunged more than 50% this year, while power prices soared and capital dried up. However, some miners, such as Merkle, have continued to build up their facilities during the bear market to
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The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by
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“Gracias al atractivo precio de la electricidad acordado el año pasado bajo un contrato privado de ocho años, se espera que las dos instalaciones reduzcan los costos generales de energía de nuestro portfolio, a pesar de los aumentos de los productos básicos en el mercado”, afirmó en el comunicado Geoff
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"With attractive electricity pricing established last year under an eight-year private party power contract, both facilities are expected to lower overall energy costs for our portfolio, despite rising commodity costs in the energy market," Geoff Morphy, president and chief operating officer of Bitfarms, said in the press release. Original Source
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El hashrate en Ethereum Classic, que continúa con el mecanismo proof-of-work, aumentó de 70,5 terahash/segundo (TH/s) a las 6 a. m. UTC del jueves, antes de que finalizara la fusión, a 158,3 TH/s a la 1 p. m. el mismo día, según muestran los datos de CoinWarz. En Ravencoin, el
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Computing power on the Ethereum Classic (ETC) and Ravencoin (RVN) networks, or hashrate, has nearly doubled a few hours after mining was rendered obsolete on the Ethereum network, which underpins the world's second-largest cryptocurrency by market cap. Source
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Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher,
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While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE)
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