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Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat

24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...

Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy

23.1.2021
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences...

Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s

22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...

Svelte and Spring Animations

8.1.2021
Spring animations are a wonderful way to make UI interactions come to life. Rather than merely changing a property at a constant rate over a period of time, springs allow us to move things using spring physics, which gives the … The post Svelte and Spring Animations appeared first...

Overheated rally? 3 warning signs emerge for Bitcoin as funding rate soars

6.1.2021
Bitcoin is rallying as buyers in the U.S. continue to drive the price up but signs of overheating are emerging in Asia

As BTC price gets close to $36K, Bitcoin network hash rate hits new high

6.1.2021
The Bitcoin network hash power is at an all-time high as the spot price looks to breach the $36,000 price mark for the first time

BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin

2.1.2021
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces...

Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase

22.12.2020
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million

Did Bitcoin price just see a 'retail FOMO peak signal'? This indicator says yes

19.12.2020
The Binance Futures funding rate overtook Deribit on Dec. 18, which has historically led to Bitcoin to consolidate or pull back

Track Your Games' FPS With These Apps

14.12.2020
Cyberpunk 2077 is a beast of a game, and it’s going to crush your frame rates (FPS) if you want to experience it in all its ray tracing, high-resolution, gorgeous glory. My heart goes out to you, Xbox One and PlayStation 4 gamers; you must be having a rough time. Cyberpunk 2077 punishes PC users...

From mom’s house to warehouse: Bitcoin mining is going industrial

12.12.2020
As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged

Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto

4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...

Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes

27.11.2020
Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last...

Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate

26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...

OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away

19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...

Bitcoin mining revenue hits yearly high, after return to pre-halving levels

19.11.2020
Bitcoin mining revenue has topped $20 million per day, its highest level this year

Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

18.11.2020
On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily...