European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors.
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European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors.
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“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford.
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The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on.
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ERCOT reported that wind generation in Texas was “generating significantly less,” potentially leaving the state unable to meet energy demands during triple-digit temperatures.
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With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022.
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The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment.
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As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
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