Bear Market and Declining Hashrates Mean Mining ETH No Longer Profitable, Analysis Finds

Susquehanna’s analysts say that due to the slump in crypto markets and declining network hashrates, mining Ethereum using a GPU is no longer profitable. Mining Ethereum (ETH) using a graphics processing unit (GPU) is no longer profitable, according to an analysis from U.S.-based global trading and technology firm Susquehanna. CNBC reported Nov. 13 on Susquehanna’s […]

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Central Bank Digital Currencies Could Have Legitimate ‘Role,’ Says IMF’s Lagarde

IMF head Christine Lagarde says relevant actors “should consider the possibility to issue digital currency.” The head of the International Monetary Fund (IMF) has said the international community should “consider” endorsing central bank issued digital currencies (CBDCs) in a speech at the Singapore Fintech Festival Nov. 14. IMF managing director Christine Lagarde said that despite […]

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Germany: Bitcoin.de Crypto Exchange Operator to Acquire 100% of Investment Bank Tremmel

Bitcoin Group SE, operator of major German crypto trading platform bitcoin.de, has acquired a 100% stake in investment bank Tremmel Wertpapierhandelsbank GmbH. German holding company Bitcoin Group SE has acquired a 100 percent stake in investment bank Tremmel Wertpapierhandelsbank GmbH, Cointelegraph auf Deutsch reports today, Nov. 13. Bitcoin Group SE, based in Herford, Germany, operates […]

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Poll: One Third of German Logistic Managers Think Blockchain Will Improve Supply Chains

A survey recently conducted by Hermes shows that one third of German logistics managers believe that blockchain will improve cooperation in supply chains. More than a third of German logistics managers believe that blockchain technology has the potential to significantly improve cooperation in supply chains, according to a Hermes survey published Nov. 12. The survey […]

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