Mining

The cost of mining Bitcoin reduced to its lowest in ten months. This is because people involved in the mining operation are now making use of better equipment to do the mining. This has reduced the difficulty of mining Bitcoin to about 6.7%. During last week’s Wednesday strategist disclosed that the production cost for Bitcoin […]

‘Core Scientific’, a large mining firm, is forced to sell out tokens which the firm mined in June. Core Scientific is one of the world’s leading mining firms with over 180,000 servers around the globe, which account for 10% of the world’s crypto mining computing power. It needed to settle some debt and purchase new […]

The Crypto and Blockchain Industry is currently going through hard times. Therefore stakeholders in the industry are likely to pounce on headlines and development that may help revive the crypto market. During the past week, the news about the uncovered abundant gold ore in Uganda portrayed the kind of development that has ability to revive […]

Miners on blockchain networks are facing the hard decision of shutting down operations as the price of tokens is no longer sustainable for operations. Bitcoin and Ethereum need a high amount of power supply for a mining operation. The implication of this is the high cost of power. A very good chunk of the amount […]

Video game players are happy, while investors in cryptocurrency are anxious to know when crypto will seize to plummet. The crypto market crash has caused the price of GPUs to gradually reduce. GPU has recorded a fifteen percent decrease in price during last month: May. A personal Computer news and review webpage: Tom’s Hardware disclosed […]

New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]

New LUNA: starting as low as $0.50 (50 cents), rose by around six thousand percent to thirty dollars ($30) on Bybit. However, this was the price that the new crypto reached before it changed direction; dipping to thirteen to sixteen dollars ($16). Also, the LUNA versus Tether USD fell to roughly around five to seven […]

Van Eck in affiliation with the creative NFT agency of South Korea begins the new NFT collection platform. The management of VanEck, a global investment company, declared openly the commencement of an Ethereum platform for NFTs transactions, which will be partnering with NUMOMO, a reputable NFT agency whose head-quarter Is in South Korea. This ground-breaking […]

SILVER Price Analysis – February 11 The price may increase to the resistance level of $23 and if it does not hold, it may incline to $24 and $25 levels. When the bears interrupt the bulls, price may decrease towards the support level of $22, $21 and $19. XAGUSD Market Key Levels: Resistance levels: $23, […]

XAGUSD Price Analysis – September 10 Silver (XAG) is up 3.90 percent from the last session, assisted by the dismal NFP report, which came in below forecasts. XAGUSD reached $24.87, its highest level in a month, as per the technical analysis. The dollar stays depressed overall, extending weekly losses. Key Levels Resistance Levels: $26.00, $25.50, $25.00 Support […]