This is the first bitcoin rewards halving in which value can be assigned to individual sats, which can now be traded like NFTs following last year’s launch of the Ordinals protocol. The first sat to be mined after this month’s halving could theoretically attain a value of $1 million or more on marketplaces for digital
Despite Ethiopia’s historical lack of prominence in technological progress, the country’s abundant renewable energy sources and cost-effective electricity rates are rapidly capturing the interest of Bitcoin miners on a global scale (Illustration: Addis Standard) By Zelalem Takele @ZelalemTakelee Addis Abeba – In the heart of East Africa, a surprising powerhouse is rising in the world of cryptocurrency. Ethiopia,
(Bloomberg) — Crypto miner Bitdeer Technologies Group is in talks with private credit firms to arrange about $100 million in financing, according to people with knowledge of the matter. Most Read from Bloomberg The company is working with a financial adviser to raise capital, which it will use to ramp up its Bitcoin mining capacity,
Workers install a new row of Bitcoin mining machines at the Whinstone US Bitcoin mining facility in Rockdale, Texas, on October 9, 2021. AFP /AFP via Getty Images Lawyers representing a crypto trade group that includes one of the nation’s largest bitcoin mining companies have scored an interim victory in their scramble to stop the
After rising by more than 150% in 2023, the price of bitcoin surpassed $45,000 on the second day of 2024, to its highest level since April 2022. Bitcoin is the world’s first cryptocurrency and the largest by market capitalisation. Many analysts and industry experts expect the rally to continue in the current calendar year, with