Miners Are The Optimal Buyers: The Data Behind Bitcoin-Led Decarbonization In...
Comments from Senator Ted Cruz underscore the potential that Bitcoin mining has to integrate with the Texas energy grid in a transformative way.Recently, Ars Technica published an article from staff writer and environmental science PhD Tim de Chant, aiming to rebut Texas Senator Ted Cruz’s comments from the Texas Blockchain Summit earlier this month. De Chant took issue with the following statement from Cruz:“Because of the ability of bitcoin mining to turn on or off instantaneously, if you have a moment where you have a power shortage or a power crisis, whether it’s a freeze or some other....
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Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.
On-chain data shows the Bitcoin MPI has spiked up recently, suggesting that miners may have started to dump the crypto. Bitcoin Miners’ Position Index (MPI) Has Sharply Risen Recently As pointed out by an analyst in a CryptoQuant post, some data suggests BTC miners may have began to dump the coin following recent rally. The […]
In a surprise move, e-wallet provider and payment processor Neteller quietly started to accept bitcoin deposits at zero fees via BitPay. Neteller customers will now be able to top up their accounts by exchanging Bitcoin via Bitpay which enables Bitcoin conversion into e-currency, the e-currency is then deposited into the Neteller stored value account into one of the currencies offered by Neteller. Neteller, owned and operated by publicly traded British global payments company Optimal Payments PLC, is used by millions of consumers in more than 200 countries and especially popular in the....
Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […]
Interest in Dogecoin (DOGE) has been on a steady decline in the last year and miners have not been exempt from this. Recent data shows that these miners may already be losing faith in the meme coin which they have been offloading in the millions in the last two months. Dogecoin Miners Sell $53 Million […]