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The company’s gross mining margin during the year was $50.1 million compared to $8.5 million the year before, which Hive attributes to taking control of its operations in Sweden and ending bitcoin cloud mining, as well as switching to independent mining in Quebec. Source
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A lot of new investors believe that they have missed the opportunity on bitcoin. This is simply not true. Less than 10% of the world currently know about bitcoin. That leaves over 6 billion people in the world who do not know about bitcoin. So in actuality, the investors who
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A major shift in location could actually good for Bitcoin as major miners are now leaving China following the country’s crackdown on mining Bitcoin. Galaxy Digital CEO Mike Novogratz has echoed other experts and is calling the migration to different places on the planet, a possible positive development. Novogratz mentioned on
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Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange Binance and one of the world’s top crypto billionaires, does not own much except crypto.“I’m one of those guys who value liquidity much more than owning something. I actually prefer not to own anything,” Zhao said in a Bloomberg
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Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto.In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his tune” on previous advice that investors should allocate roughly 1% of their net worth to Bitcoin (BTC)
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MicroStrategy is turning to investors to fund up to $400 million more in bitcoin purchases. Source
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The wealth Elon Musk has gained this year is higher than what Warren Buffett is currently worth.Tesla’s stock has quadrupled in 2020 on the back of splits and the possibility of inclusion into the S&P 500 Index.Tesla’s Battery Day has excited investors, too.Tesla CEO Elon Musk is now worth $108
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There are two warring factions at the Federal Communications Commission (FCC). One side represents the business class, or the dominant internet service providers (ISPs) that want less regulation, freer markets, and the ability to determine how to run and where to build their networks. Its apotheosis is found in the current
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The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud.As MLM scam monitoring resource BehindMLM.com noted on Dec. 1, OneCoin.eu no longer returned a live result as of Nov. 30. “Legal investigation” offlines OneCoin.euUpon investigation, a representative
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Neo, a decentralized open source blockchain application platform, announced that it became the first-ever blockchain member of Microsoft’s .NET Foundation.In the press release published on Sept. 24, the platform stated that during the .NET Conference 2019 Neo “joined the .NET Foundation, the Microsoft-created, globally leading open-source foundation,” adding:“Based on
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