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Bitcoin Mining Council faces critics

Some Twitter users called the council "an attack on Bitcoin" while others claimed the group would drive the currency's mining and transaction costs higher, amount to a bigger waste of energy and make it less viable for payments.....»»

Category: topSource: foxnewsMay 25th, 2021

Bitcoin Mining Difficulty Faces Largest Downward Adjustment Since 2022

Bitcoin Mining Difficulty Faces Largest Downward Adjustment Since 2022.....»»

Category: topSource: yahooMay 11th, 2024

Deal to Create Chinese Lithium Giant Faces Legal Challenge

A Chilean court is set to rule on a legal challenge to Tianqi Lithium’s deal to buy 24% of mining company SQM—which critics say could create a cartel for a key element in electric-vehicle and smartphone batteries......»»

Category: smallbizSource: wsjOct 21st, 2018

Bitcoin Miner TeraWulf Reports Worse-Than-Expected Q1 Results

Bitcoin mining compnay, T.....»»

Category: blogSource: benzinga7 hr. 18 min. ago

DoJ Charges "Bitcoin Jesus" With Tax Fraud

DoJ Charges 'Bitcoin Jesus' With Tax Fraud Authored by Turner Wright via CoinTelegraph.com, The early crypto investor, often called ‘Bitcoin Jesus,’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.....»»

Category: worldSource: nytApr 30th, 2024

Bitcoin tumbles 5%, tests key $60,000 price level as sell signal looms

If bitcoin does not quickly reclaim support at about $62,000, it faces a downward test of its next support level near $51,500, Katie Stockton said. Lauren DeCicca/Getty Images; Jenny Chang-Ro.....»»

Category: dealsSource: nytApr 30th, 2024

Bitcoin Faces Potential Downturn As Analysts Eye "Second Danger Zone" — But What Happened To "Memecoin Supercycle?"

As Bitcoin (CRYPTO: BTC) faces some uncertainty, the crypto world is buzzing with talk of the “Memecoin Supercycle.” Bitcoin Faces ‘Second Danger Zone’ read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Bitcoin Faces "Second Danger Zone" As Analyst Warns Of Potential Downside: Here"s What To Expect

Bitcoin (CRYPTO: BTC) is currently in a precarious position, with a potential downside looming, according to a prominent crypto analyst. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

Why Bitcoin Mining Stock Marathon Digital Is Moving Higher After Hours

Marathon Digital Holdings Inc (NASDAQ:MARA) shares are moving higher after the bell on Thursday after the Bitcoin (CRYPTO: BTC) miner announced an read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Jack Dorsey"s Block Announces Development Of "Full Bitcoin Mining System"

Jack Dorsey's Block Announces Development Of 'Full Bitcoin Mining System' Authored by Turner Wright via CoinTelegraph.com, Payments firm Blo.....»»

Category: personnelSource: nytApr 24th, 2024

Bitcoin Mining Stocks Are Rising Monday: What"s Going On?

The halving is a programmed process in the bitcoin protocol that occurs every 210,000 blocks, or approximately every four .....»»

Category: blogSource: benzingaApr 22nd, 2024

Latest Bitcoin Halving Could Cost Miners Billions Of Dollars In Revenue: Report

On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded read more.....»»

Category: blogSource: benzingaApr 20th, 2024

Bitcoin"s sell-off could continue another 18% lower as the crypto breaks through a key support level, technical analyst says

"We see the pullback as an interruption in the uptrend, not the start of a bearish reversal, given the recent breakout above the 2021 high." Lauren DeCicca/Getty Images; Jenny Chang-Rodriguez/BIBitcoin faces an increased risk of falling 18% afte.....»»

Category: topSource: businessinsiderApr 16th, 2024

"Bitcoin Is Just An Extractive Bubble," Says Portfolio Manager, As Blackrock"s Acceptance Fails To Quell Finance Sector Critics

Despite the endorsement of Bitcoin (CRYPTO: BTC) by investment heavyweight BlackRock Inc. (NYSE:BLK), skepticism about the cryptocurrency persists among many finance professionals. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Chinese Crypto Exchanges Continue To Suspend Services Amidst Regulatory Uncertainty

Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»

Category: blogSource: benzingaMay 25th, 2021

Elon Musk Might Reconsider His Stance On Bitcoin Mining, Asks Followers To Help Dogecoin Developers

Tesla Inc (NASDAQ: TSLA) CEO said he had talked with Bitcoin (CRYPTO: BTC) miners. And they might have changed his mind about the environmental impact of bitcoin mining. read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Elon Musk met with Bitcoin miners to discuss making the cryptocurrency more environmentally friendly

Musk attended a discussion hosted by MicroStrategy's CEO on establishing standards for the industry's energy reporting and ESG goals. Bitcoin mining uses huge amounts of energy. Andia/Gett.....»»

Category: topSource: businessinsiderMay 24th, 2021

Bitcoin miners agree to form council amid meeting with Elon Musk

Tesla CEO Elon Musk participated in a meeting with Bitcoin miners over the weekend, following concerns he raised publicly about the environmental impact of the cryptocurrency that sent prices tumbling......»»

Category: topSource: foxnewsMay 24th, 2021

China may ban all bitcoin mining soon, Ars Technica says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 24th, 2021

Bitcoin not for us, HSBC CEO says

Europe's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the year's high, after China cracked down on mining the currency and prominent advocate Elon Musk tempered his support......»»

Category: topSource: foxnewsMay 24th, 2021

Study Finds 4.5% Of All Bitcoin Mining Is In Sanctions-Hit Iran

Study Finds 4.5% Of All Bitcoin Mining Is In Sanctions-Hit Iran A .....»»

Category: personnelSource: nytMay 23rd, 2021