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Tag: Bitcoin

Bitcoin may have nasty ‘surprise’ in store for investors – media

The top cryptocurrency could plunge 70% next year from the fallout of the FTX exchange collapse, Standard Chartered warns The price of Bitcoin could drop to as low as $5,000 next year in a market surprise that investors are underpricing, UK-based multinational bank Standard Chartered has said as cited by Decrypt, a website that covers cryptocurrency. The prediction was made as part of the banking group’s…

El Salvador doubles down on Bitcoin

The Central American country will start buying one crypto coin per day, according to its president The cryptocurrency industry’s turmoil, triggered by the FTX exchange collapse, has not dented the enthusiasm of El Salvadoran President Nayib Bukele towards Bitcoin. He announced on Wednesday that the nation will start purchasing the token on a daily basis starting from November 17. The announcement comes nearly three months…

How play-and-earn blockchain gaming is changing the world of video games

[In partnership with: Wemix] In this episode of Morning Studio Decrypts – a series that invites specialists in the blockchain space to discuss and explain different topics related to the technology – Henry Chang, CEO of video game developer Wemade, answers three fundamental questions about blockchain gaming. He tells us how blockchain technology is set to redefine the future of gaming by enabling in-game economies…

US company plans to use bitcoin mining to clean up coal waste

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube A company in Pennsylvania has an unusual plan to deal with coal waste – crypto mining. Stronghold Digital Mining uses waste left behind by decades-old coal power plants to generate the electricity for hundreds of supercomputers working to mine bitcoin. The US Environmental Protection Agency says that although waste coal is burned using a different process,…

'You Shall Not Mine!' | Spanish Police Bust Covert Bitcoin Farm

Police in Santiponce, a town in the province of Seville, have raided a crypto mining farm that was illegally tapping into the public electricity supply, and seized equipment estimated at around $50,000. #news #worldevents ————————————————————————————————– Freedom over censorship, truth over narrative. Subscribe for new videos EVERYDAY: https://www.youtube.com/channel/UCpwvZwUam-URkxB7g4USKpg?sub_confirmation=1 Follow us on Facebook: https://www.facebook.com/RTnews Follow us on TikTok: https://www.tiktok.com/@rt.news Follow us on Telegram: t.me/rtnews Follow us on…

Is Kazakhstan's Bitcoin boom unsustainable? – BBC News

Concerns over dirty energy and electricity use have followed Kazakstan’s Bitcoin boom. A huge amount of the world’s Bitcoin mining – the process by which transactions are verified and new “coins” made – takes place in Kazakhstan. The country is now the second biggest in the world for mining after the US – but it has come at a cost, with the nation now using…

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