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Bitcoin Miners’ Profitability May Narrow as Mining Difficulty Hits Second-Biggest Increase This Year

The hashprice, a metric coined by mining services firm Luxor Technologies that measures revenue per terahash of computing power, has dropped dramatically in the last month and particularly in the past few hours, following the difficulty adjustment. In the month of August, revenue in U.S. dollars per terahash dropped by

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XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history

Ripple (XRP) addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the XRP/USD and XRP/BTC pairs in late 2020.The return of XRP 'mega whales' A 76% spike in XRP "mega whale" addresses since

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DeFi Pushes N. America to World’s Second-Biggest Crypto Market

Growth in decentralized finance (DeFi) has driven North America to the world’s second-biggest largest crypto market, new research by crypto intelligence firm Chainalysis said.North American addresses received $750 billion in crypto between July 2020 and June 2021, or 18.4% of global transactions. Central, Northern and Western Europe received $1 trillion

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China’s Second-Biggest Bitcoin Mining Equipment Manufacturer Raises $90M in U.S. IPO

China-based bitcoin mining equipment maker, Canaan Creative raised $90 million in its U.S. Initial Public Offering (IPO), after selling the IPO shares at the bottom of its marketed range, reports Bloomberg on November 21, 2019. Canaan Creative Raises $90 Million at IPO Per the report, Canaan Creative was able to raise $90

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