The supply of crypto mining machines failed to meet market demand in Q2 2019, according to a new report by TokenInsight. The supply of crypto mining machines failed to meet market demand in Q2 2019 despite the surge of mining hardware prices, new research says. Popular suppliers ran out of stock in Q2 Bitcoin (BTC) […]
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Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings. Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran’s National Tax Administration (INTA). Per a report by local English-lanuage news daily Financial Tribune, […]
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Thailand-based energy company PTT and blockchain energy nonprofit Energy Web Foundation are jointly building a blockchain-based renewables platform. Thai state-owned oil and gas company PTT and blockchain energy nonprofit Energy Web Foundation (EWF) are jointly building a blockchain-based renewables platform. According to a press release shared with Cointelegraph on Sept. 11, the parties are developing […]
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Blockchain energy startup Power Ledger to launch first trial of P2P tech in rural areas of Western Australia to trade surplus energy on the blockchain. Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas. Energy monetization for outlying settlements According to a blog post […]
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The Blockstream CEO says the era of altcoins ruling the market is done and that Bitcoin would return to owning 90% of it. Bitcoin (BTC) is reverting to its historical 90%+ market dominance at altcoins’ expense, one of the industry’s best-known figures has declared. Back: Bitcoin will hit 90% dominance again In a Twitter debate […]
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Bitmain announced two new S17 series Bitcoin miners and a delivery delay compensation program. Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with Cointelegraph. The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company […]
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A giant Bitcoin transaction involved $700 in fees, when just $35 would have seen it process in the next block. A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35 Social media users […]
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U.S. Department of Energy grants $200,000 to blockchain company Factom to help secure the power grid. The U.S. Department of Energy (DOE), is granting nearly $200,000 to blockchain company Factom to help protect the national power grid. Blockchain to improve grid reliability and resilience On July 12, the U.S. Department of Energy awarded the funds. […]
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Crypto exchange Binance and blockchain trust company Paxos join forces to launch USD-backed stablecoin, approved by the NYDFS. Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS) Binance USD […]
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Annual electricity demands for Bitcoin mining is now lower than a year ago, when hash rate was under half current levels. Bitcoin (BTC) energy consumption is becoming rapidly more efficient, new data shows as hash rate continues to hit record highs. Record hash rate with less power Data from aggregator Statista accessed on Sept. 5 […]
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