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Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August


August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners...

Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000


Bitcoin dropped below the $29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is expected to climb to a reading of 46.8. Ethereum...

Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis


In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to...

Why is XRP price down today?


XRP price is down today like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week

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