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Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
Diablo 4's Next Update Is Going To Completely Change The Game
30.8.2024
Diablo 4's next big update arrives in October as part of the game’s next season, which is also coming at the same time as its first paid expansion. This new update, which is going to be tested by players in September, is changing quite a lot of things, including the level cap, how monsters scale...
Bitcoin price technicals target $87K by 2025, with one key resistance level in the way
30.8.2024
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance
Nikon možná bude vyrábět více objektivů pro video. Dají se očekávat nové power zoomy
30.8.2024
It's time to ditch Bitcoin Power Law Theory
30.8.2024
The Bitcoin Power Law Theory relies purely on mathematics. It doesn't account for the human nature of how Bitcoin is traded
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
30.8.2024
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...
The Lord Of The Rings: The Rings Of Power Season Two Opens Strong, Then Stumbles
29.8.2024
The opening scene of the second season of Amazon Prime’s Lord of the Rings series The Rings of Power lingers long after I finish the first episode, through the second, and well after the credits roll on the third. It’s stunning, immediately making me feel like this season could put things back...
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
29.8.2024
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
27.8.2024
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their...
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Thai authorities raid illegal Bitcoin mine behind local power outages
25.8.2024
Thai authorities will address the broader issue of illegal mining and its impact on the country’s energy infrastructure
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
23.8.2024
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to register all the energy consumed by the equipment connected to the power grid. The detection...
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Your Lord Of The Rings: The Rings Of Power Refresher Ahead Of Season 2
23.8.2024
Amazon’s massive fantasy series, The Lord of the Rings: The Rings of Power is set to kick off its second season on the streaming service on August 29. The prequel takes place thousands of years before the events of the J. R. R. Tolkien novels The Hobbit and The Lord of the Rings, though there...
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....
Lower interest rates could be the key to DeFi summer: HashKey CEO
16.8.2024
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence