The ever-dynamic crypto mining industry has been even more active following China’s crackdown. The global hashrate has largely shifted to North America, making the US a key international mining hub where institutions now take central stage. This new demographic of miners have special requirements, which Foundry has been catering to through its rapidly growing Foundry USA Pool … [Read more...] about [SPONSORED] A Paradigm Shift in Mining
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Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift is Priced in
Bitcoin appears to have digested the U.S. Federal Reserve’s (Fed) impending hawkish or anti-inflation policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally post the Fed decision due later on Wednesday.The central bank is widely expected to announce a $30 billion reduction in asset purchases starting in January … [Read more...] about Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift is Priced in
Did ConstitutionDAO Shift the Overton Window on What DAOs Can Accomplish?
This episode is sponsored by NYDIG.Download this episodeLast night the crypto community waited with bated breath to see who had won the first printing of the U.S. Constitution. Despite raising over $40 million from 17,000 people, the ConstitutionDAO was ultimately outbid. In this episode, NLW discusses how the DAO came together, how the bidding went down and how the community … [Read more...] about Did ConstitutionDAO Shift the Overton Window on What DAOs Can Accomplish?
Four North American Bitcoin miners that could benefit from the East-West shift
Even before China finally wielded the ban hammer on crypto mining, Bitcoin (BTC) miners in North America had been building up their capacity amid efforts to gain a larger share of the global hash rate distribution. From building bigger data centers to acquiring hardware inventories, these establishments have been making concert efforts to balance the hash-power dichotomy … [Read more...] about Four North American Bitcoin miners that could benefit from the East-West shift
A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
Bitcoin (BTC) plunged 7.38% to hit a five-month low of $29,313 on June 22 as the market faced the prospect of another sell-off, this time led by miners affected by a recent crackdown against cryptocurrency entities in China.Bitcoin drops below $30,000 for the first time since January. Source: TradingViewThe People's Bank of China said on June 21 that it had summoned multiple … [Read more...] about A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report