Archive for the ‘Bitcoin’ Category
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How the FTX Collapse is Affecting Bitcoin Miners and Bitcoin Mining
Last Updated: February 06, 2023The FTX bankruptcy was one of the latest major crashes in the cryptocurrency space, albeit not its first one. The crypto space has had its share of brokers and companies falling because of inadequacies in their infrastructure. These flaws become even more apparent during a bear market where most crypto prices crash after seeing months […]
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Blockchain Statistics 2022-2023
Last Updated: December 14, 2022Blockchain Statistics 2022-2023 • 29.7% Of Blockchain Market Value Belong To Banks. • Worldwide Blockchain Users Stands At 2.8% • IoT To Experience A 40% Increase By 2026 • 80% Of Business Leaders Will Adopt Blockchain Technology • Metaverse Will Become A $13 Trillion Sector • Blockchain Technology To Add $1.76 Trillion To Global GDP […]
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Bitcoin Mining Versus Buying Bitcoin
Last Updated: September 06, 2022Top 7 reason why Bitcoin mining outperforms buying Bitcoin. When it comes to cryptocurrency, there are a lot of different ways to obtain it. You can buy it in an exchange, or you can mine it. When people think about acquiring Bitcoin, they think about buying it on an exchange. However, Bitcoin mining is […]
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Bitcoin Mining Statistics
Last Updated: July 10, 2022Bitcoin Mining Statistics 2022-2021 There are currently 300 million people using crypto worldwide 65% of Bitcoin miners are located in China global hashrate will rise to 327 exahashes per second Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 Mining bitcoin creates between 22 – 22.9M metric tons of CO2 annually 900 Bitcoins are mined […]
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Compass Mining
Last Updated: October 15, 2021Review Compass Mining and All About Them Their Mission Compass Mining is a bitcoin-first company. Our mission is to support the decentralized growth of hashrate and to strengthen network security. Our goal is to help more people learn about bitcoin and how it works, explore the benefits of bitcoin, and how to mine bitcoin. Awesome […]
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What is Cloud Mining and How Does It Work?
Last Updated: August 28, 2020What is Cloud Mining and How Does It Work? Over the past decade, more and more people have started to become interested in cryptocurrency like Bitcoin. They want to become a part of the movement, but they may not want to just buy Bitcoin. In addition, they might not want to go the route of […]