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Want To Invest in Safe Tokens and Make Profits? Then Solana (SOL) and Retik Finance (RETIK) Are the Perfect Options
12.1.2024
In the dynamic world of cryptocurrency investments, finding tokens that provide a balance of safety and profitability is crucial for investors. Two tokens that have been gaining considerable attention for their potential returns and unique features are Solana (SOL) and Retik Finance (RETIK)....
Scorpion Casino (SCORP) Stuns Crypto Community With Its Offerings As Presale Target Nears
3.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) stands out as a unique venture by seamlessly blending immersive gaming and casino experiences with substantial profitability. While achieving various milestones, its most...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
Dyson Finance Becomes Fastest-Growing DEX on Polygon zkEVM and Linea, Revolutionizing Liquidity Provision
25.12.2023
PRESS RELEASE. TAIPEI, December 25th 2023 – Dyson Finance, the game-changer in Decentralized Exchanges (DEX), has made waves in the past quarter on Polygon zkEVM and Linea, challenging the norm of DEXs grappling with Liquidity Provider (LP) profitability. In an impressive feat, Dyson Finance...
Is Cardano Going to Zero? ADA Price Slips 3% as Crypto Markets Rally – Will This Mining Protocol Go Viral?
15.12.2023
Recent weeks have seen a strong recovery by #8 ranked cryptocurrency Cardano (ADA), yet ADA Price has slipped -3% despite an impressive resurgence in the ecosystem’s valuation, leaving some dejected holders asking ‘is Cardano going to zero?’. The downtick contrasts Cardano’s...
Will Elon Musk’s Cyber Truck Accept Dogecoin (DOGE) And This New Altcoin?
13.12.2023
The crypto market has attracted several celebrities, and high-profile figures due to its eye-popping profitability and unique usabilities. Tech billionaire Elon Musk is one of the most ardent supporters of cryptocurrencies, especially Dogecoin (DOGE). But a new cryptocurrency has entered the arena...
Retail broker Saxo Bank profitability rose in 2023
5.12.2023
Saxo Bank Group, Saxo Hong Kong’s parent company, recently released its financial results for H1 2023, projecting a spectacular performance amidst an otherwise challenging market scenario. Saxo Bank Group reported a profitability increase of $75 million, marking a considerable increase of around...
Cardano Price Prediction as ADA’s Profitability Lags at 35% – Is $0.40 the Last Critical Resistance Before $1?
1.12.2023
Source: Dall•E 3 The Cardano price has seen a 2% bounce in the past 24 hours, rising to $0.382175 on a day when the wider crypto market has gained by 2.5%. ADA is now down by 2% in the past week, yet the coin remains up by 32% in the last 30 days and by […]
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Crypto Mining Profitability Soars as Miners Rake In Record $32 Million in Revenue in One Month
14.11.2023
Image Source: Pixabay The crypto mining industry is experiencing a surge in profitability, with miners earning a record $32 million in revenue in the past month. The hashrate, a measure of the computational power needed to mine a coin, has reached an all-time high, indicating that miners are using...
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
6.11.2023
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/s) with electricity expenses at $0.07...
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
27.10.2023
Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven new devices. The following provides a look at...
SpaceCatch ecosystem boosts tokenomics for amplified profitability
26.10.2023
SpaceCatch just launched the closed-beta version focusing on the ”product-first” philosophy. The “Pokémon GO killer” also comes out with several changes to $CATCH tokenomics. SpaceCatch and the product-first philosophy This innovative crypto game, SpaceCatch, which is prospected to...
How Bitcoin price report by Glassnode can affect mining profitability?
19.10.2023
Glassnode’s latest report analyzes Bitcoin’s price dynamics and discloses insights that could enhance your investment strategies. Glassnode’s in-depth analysis focuses on capital rotation in digital assets, an essential factor nobody pays attention to. This report introduces...
Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use
1.9.2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...
Bitcoin revenue per terahash nears record lows as hashrate soars
28.8.2023
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability
S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment
24.8.2023
On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset. The impacted banks include Associated Banc Corp., Comerica Inc., KeyCorp, UMB Financial Corp., and Valley National...
Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy
14.8.2023
A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production....
Hydro Expansion: Bitfarms Begins 50 MW Bitcoin Mining Farm Buildout in Paraguay
7.8.2023
Bitfarms Ltd. has started development on a new 50-megawatt (MW) Bitcoin mining facility in Paraguay, the company announced on August 7, 2023. The farm will be located in Paso Pe near Bitfarms’ existing mining operations in Villarrica and is expected to be fully operational in the first...
Enhancing Profitability of Wind and Solar Through Bitcoin Mining
27.7.2023
It's all about solving "the duck curve" problem on the grid. This op-ed is part of CoinDesk's Mining Week
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...