Place/Date: - December 2nd, 2022 at 1:08 pm UTC · 4 min read Source: Orbeon Protocol Investors in Solana, Polkadot, and the new crypto project Orbeon Protocol could be the most profitable investments when the market expectedly wakes up in 2023. Everyone in the cryptosphere knows of Read More
Once again, Bitcoin miners went significantly lower in terms of monthly revenue, raking in only about $472 million in November.Bitcoin (BTC) mining continues to prove unprofitable as monthly revenues keep going down from previous values. According to data studied by The Block Research, the month of November saw Bitcoin mining Read More
The Merge forced miners to shift to alternative GPU mineable cryptocurrencies, a newly forked version or dump or sell their equipment at a low price. Shift to alternative GPU mineable cryptocurrencies One of the direct effects of the Merge includes miners turning to the Ethereum fork, Ethereum Classic (ETC), Read More
Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. 30. Currently, the possibility of an even more Read More
But while the Nordics’ fragmented energy markets can bring opportunities, they also present difficulties in hedging power prices, Jogg said. The financial products sold to companies looking to hedge their power costs are aimed at the entire Nordics market, but the actual price of power miners are looking to hedge Read More
Ether and other major cryptos spend much of the weekend in the red to close a turbulent week.
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Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Read More
The broader crypto market showed an impressive price rally mid-day, August 31. Cryptos such as Bitcoin and Ethereum have increased by 0.87% and 2.58%. BTC’s price is $20,319.03, while ETH has regained a hold on $1589.74. The top coins are now trading in the greens.
But the morning hours of August Read More
The latest trend in the Bitcoin “hash ribbon” indicator has just formed a pattern that has historically been a buy signal for the crypto.
Bitcoin Hash Ribbon Buy Signal Goes Off As Miner Capitulation Comes To An End
As explained by an analyst on Twitter, the BTC miner capitulation phase seems to Read More
With the surging popularity of nonfungible tokens (NFTs), many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying an NFT was “to make money.”Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter Read More