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The upcoming Bitcoin halving, miners’ capitulation and the coronavirus pandemic have all simultaneously affected the network’s hash rate. How long can it last, and what should we expect? Go to Source Powered by WPeMatico
The coronavirus crisis has caused ample concerns on a global scale. Many businesses are threatened, including a Sweidhs Bitcoin pizza place suffering from a major decrease in revenue. It is evident that in-person spending at physical locations has diminished due to the coronavirus outbreak. Coronavirus Threatens a Swedish Pizza Place This has caused ample problems … Read more
After facing multiple delays, Russia’s lawmakers again postpone pending major cryptocurrency law, now due to the coronavirus Go to Source Powered by WPeMatico
The IRS has already changed some important payment deadlines and started crucial initiatives to help taxpayers. Will it help to win the fight against COVID-19? Go to Source Powered by WPeMatico
Blockchain development firm Bitfury is diverting its computational resources to a distributed computing research effort to combat COVID-19 Go to Source Powered by WPeMatico
The virtual world of Decentraland plays host to the Coinfest Conference this week, which was forced to relocate due to the COVID-19 lockdown Go to Source Powered by WPeMatico
Bitcoin gears up for what is traditionally its most lucrative quarter as coronavirus losses almost reach single figures Go to Source Powered by WPeMatico
The global impact of the coronavirus crisis cannot be underestimated. It now even seems that the Bitcoin mining industry may face some challenges moving forward, in the eyes of Riot Blockchain. Bitcoin mining requires a set of specific conditions to be met. Riot Blockchain is Concerned As those conditions align, the profitability of the venture … Read more
On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and … Read more
Riot Blockchain says that COVID-19 will affect its cryptocurrency mining business in its annual report to the SEC Go to Source Powered by WPeMatico
