Category: Cryptocurrency News

African crypto experts and entrepreneurs explain why the CFA franc is an uncomfortable currency and why Bitcoin is making waves as a replacement.

PRESS RELEASE. Vancouver, Canada – MetaBlox has completed their seed round and have raised over $2 million ​​from some of the most highly regarded firms in Web3. The seed funding is co-led by Synergis Capital and CollabCurrency, followed by NFT Technologies, SNZ holdings, Future Life, Slope, CrowdCreate, and multiple technology and few crypto-focused family offices. […]

Title outlines it all, I'm so sick and tired of governments and influencers trying to pin cyber crime onto crypto just because it's a digital currency. You know what else is digital? Gift cards. You know what most cyber crime is done through? Gift. Cards! ​ Not only crime but people also worry about companies…
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Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled. The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever. The new mining setup employs liquid cooling. According to reviewers, it is the most power-efficient among all models of mining equipment from this manufacturer. These hydro cooling rigs are exclusively for usage in Bitmain containers. Bitmain Rig Packs A Punch The newly announced mining rig is dubbed “Antminer S19 XP Hyd.” It boasts 255 terahashes per second (TH/s) of processing power and 20.8 joules per terahash (J/T) of power efficiency while operating on 5,304 watts, according to Bitmain’s website. The machine features a liquid cooling system, which involves using a coolant flowing through pipes to dissipate heat from the device. The cooling rigs will launch in the first quarter of 2023 for a little under $20,000 per unit. Related Article | Abra CEO Predicts Ethereum Could Reach $40,000 – But Some Fintech Analysts Don’t Agree Furthermore, the energy efficiency of this new model slightly outperforms Bitmain’s previous best rig – the Antminer S19 XP. Notably, Bitmain has also announced the release of the ANTSPACE HK3, a new bitcoin mining container that can comfortably accommodate 210 mining machines and uses up to 1 megawatt of electricity. Aiming For Sustainable Bitcoin Mining Bitmain has been focusing on long-term bitcoin mining and has recently unveiled measures in this area. Bitmain will create up to 500 MW of clean digital mining infrastructure at Merkle Standard’s hydro-powered facilities in Eastern Washington as part of the joint venture. BTC total market cap at $767.68 billion on the daily chart | Source: TradingView.com Furthermore, the Beijing-based chipmaker has gained a significant stake in one of America’s major crypto-mining facilities via a collaboration with Allrise Capital. The move might help Bitmain’s market expansion in the United States even further. According to mining data, the bitcoin mining metrics have seen some intriguing developments in recent months, as the Bitcoin hashrate grew by more than 15% in a week as processing power steadily increased. Energy Efficient Mining Meanwhile, Block Inc.’s CEO, Jack Dorsey, revealed last October that the firm was exploring developing an open-source bitcoin mining system built on bespoke silicon to decrease entry barriers for both businesses and people. In January, Thomas Templeton, Block’s general manager for hardware, emphasized that the planned approach would improve bitcoin mining efficiency and other benefits. Templeton said: “We’re interested because mining is about more than just producing new bitcoin. We regard it as a long-term need for a decentralized and permissionless future.” In a related event, Hive Blockchain had signed an arrangement with Intel to acquire the latter’s recently introduced energy-efficient blockchain accelerators named Bonanza Mine. Related Article | Ripple Welcomes More Than 4,000 Artists Into Its New NFT Platform Featured image from Bitcoin News, chart from TradingView.com

Lend USDT stablecoins to DeversiFi (layer 2 Ethereum DEX) and receive yield-earning aUST in exchange. DeversiFi will transfer coins to Anchor on the Terra protocol, where they’ll be lent to other crypto projects. No gas fees for lenders. No need for Ethereum users to move funds to Terra directly. Yield available from collateral deposited by…
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A runner and Bitcoin hodler from India is on a mission to travel to 40 countries in 400 days using Bitcoin only.

Guys, What's your views on Crypto Trading Bots? Has Anyone tried it? I can recommend one of the best Crypto Trading bot i.e https://wundertrading.com/en WunderTrading will help you to automate any TradingView scripts into the fully functioning crypto trading bot. With our easy to use automated trading software you can construct and adjust any crypto…
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Honestly , this is so frustrating , it's like every single coin that's being released in the market is a scam or a rug pull or a trick to manipulate me into stealing my money . From celebrity NFTS , which are ENDLESS by the way . To new tokens and startups , I can't…
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Passing on your crypto to your friends or family has been a worry to some, but an exchange claims that they have the solution.