Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.
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Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.
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The bill was approved by the nation’s Senate in July as low-energy costs continue to boost mining activities in the country.
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This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
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As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.
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Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
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A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions.
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