Cryptocurrency Analysis and News Portal
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below the 200 EH/s range six days
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During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only
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While crypto exchange FTX stole the limelight from other fallen ecosystems, South Korean authorities continue their efforts to bring closure to the victims of the year’s first crypto crash — Terraform Labs. Nearly six months after the Terra (LUNA) blockchain was officially halted, South Korean authorities froze approximately $104.4 million
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The FTX collapse has created a sense of uncertainty among large and retail investors alike, who are not very sure whether they should keep their
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After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a
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Place/Date: - October 22nd, 2022 at 9:55 am UTC · 3 min read Source: Big Eyes Coin (BIG) Cryptocurrencies and the blockchain business are rapidly rising and causing a seismic shift in the global financial system. Therefore, crypto enthusiasts can choose from a variety of exciting options.
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Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to
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Hold Bitcoin till the very end or sell a little bit to start a family? For one Bitcoiner in northwest London, it was a no-brainer.Noodle (a nickname), a Brit who first heard about Bitcoin around 2012, took profits on his Bitcoin buys to pay for in vitro fertilization (IVF) treatment
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Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to
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In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have
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