By Karen Freifeld (Reuters) -President Joe Biden on Tuesday nominated Alan Estevez, a former Pentagon official, to be the U.S. Commerce Department's undersecretary...
The diversified location of Bitcoin mining facilities following China’s crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says.
It’s unclear if the shutdowns are on account of orders handed down from above or the results of China’s introduced regulatory crackdown on crypto miners. Reports alleged that cryptocurrency miners in China’s Yunnan province could also be out of fee for a day if not longer because of the Chinese Communist Party’s one hundredth anniversary […]
The price of bitcoin has recently bounced from the $30,000 to now trade around $36,000 according to CryptoCompare data, and its movement coupled with a crash in its hashrate led to a key indicator flashing a buy signal. That key indicator, the Puell Multiple, is the ratio of the daily issuance if bitcoin in U..S […]
With the ongoing unfolding of the ‘hashrate migration’ away from China, bitcoin’s hashrate dropped significantly. [embed]https://twitter.com/DocumentingBTC/status/1408882899559104512[/embed]