Publicly-listed mining firm Argo Blockchain has broken its own records for Bitcoin mining, seemingly escaping the adverse impact of the COVID-19 pandemic. London Stock Exchange-listed mining firm Argo Blockchain has broken its own records for Bitcoin (BTC) mining, seemingly escaping the adverse impact of the COVID-19 pandemic. An operational update published by Argo on April […]
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Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin miner. Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin (BTC) miner. In a report published on April 3, Aqua Security issued a threat alert over […]
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Bitcoin failing to break past critical resistance could see the leading digital asset revisit $3k levels over the coming weeks. Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset. However, despite an effort to blast […]
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A former Christian pastor targeted his African-American parishioners with fake investments in ‘the first black-owned alkaline water company.’ The United States Securities and Exchange Commission has charged a former pastor and his wife for stealing $500,000 through a trio of fraudulent businesses, including a cryptocurrency offering purportedly backed by a bottled water business. According to […]
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Bitcoin has seen strong gains since the coronavirus triggered sell-off occurred in mid-March but the drop may bring unexpected changes to the mining industry. This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way […]
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The case for an immediate Bitcoin price spike after the halving in May is flawed, past data shows. The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does […]
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This is the first part of a deep dive into the years-long debate between proponents of Proof of Work and Proof of Stake. Which one is better and why? This is the first of two articles providing a deeper dive into the eternal debate between the Proof of Stake (PoS) and Proof of Work (PoW) […]
Continue ReadingTwo halvings in April will spark a month of increasing attention to BTC until its own halving takes place, despite its lack of profitability, says Coin Metrics. Bitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a […]
Continue ReadingBitcoin price fell by 10% after the latest drop in mining difficulty, suggesting selling pressure from miners is driving down BTC price. Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down […]
Continue ReadingBitcoin doesn’t brrr money to succeed, so it could be the best time to buy as several price indicators are suggesting the BTC price bottom may be close. The Bitcoin (BTC) price remained relatively sideways last week and not once did it test resistance or support of the descending channel identified in last week’s analysis. […]
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