The new rigs will add 7.6 EH/s to the firm’s self-mining capacity, but won’t be installed until the first quarter of 2024.
Powered by WPeMatico
Category: model
Auto Added by WPeMatico
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too […]Powered by WPeMatico
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s reservations in the dollar-based economy. Alexis Ren: ‘The Economic Structure We Have […]Powered by WPeMatico
Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics
During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break […]Powered by WPeMatico
$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’
The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as […]Powered by WPeMatico
Bank of Israel Drafts Model of a Digital Shekel
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at any moment. The Israeli central […]Powered by WPeMatico
‘Nothing Goes up in a Straight Line’- S2F Creator Plan B Claims Bitcoin Price Drop a ‘Mid-way Dip’
Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the recent price dip and stressed that “nothing goes up in a straight line.” Plan B believes this price drop […]Powered by WPeMatico
Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% […]Powered by WPeMatico
Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’
Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.” Stock-to-Flow Author Is Confident in the S2F Price Model Back in November 2020, […]Powered by WPeMatico
$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021
Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and told his Twitter followers that he has “no doubt whatsoever” that the S2FX trend is […]
The post $100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021 appeared first on Bitcoin News.
Powered by WPeMatico