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April 17, 2024

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Bitcoin mining in China

Bitcoin closed below the major $30,000 support level on yesterdays daily candle. The question going forward now: is this a breakdown or a fakeout?   Yesterday’s red close is…
Bitcoin’s down almost half of its high point mark achieved earlier this year, and naysayers are chuckling about the things they’ve always known about the currency. Like they always…
The high price of Bitcoin has started an arms race between bitcoin miners to see which company can scale the largest, while maintaining the lowest overhead. But the unforeseen…
Cryptocurrency mining gobbles up a lot of expensive power every year. The stats are in and they’re staggering. A month after Bitcoin halved, the price to mine 1 BTC…
Hive Blockchain Technologies (HIVE.V) closed its previous announced acquisition of the dedicated cryptocurrency mining operation in Lachute, Quebec from Cryptologic (CRY.C) today. Don’t you love it when a plan…