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Bitcoin Back Above $27,600 as US Banking Crisis is Far from Over

Bitcoin Back Above $27,600 as US Banking Crisis is Far from Over

U.S. officials decided on interest rates yesterday. Traditional financial markets, as well as Bitcoin and cryptocurrency, had a very bearish response to the Federal Reserve (Fed) and the subsequent press conference by chairman Jerome Powell. Before dropping as low as $26,600, the price of bitcoin briefly reached $29,000. What has altered the bull case for …

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BITMAIN Appears at Blockchain Life 2023 to Discuss PoW and New Opportunities for the New Year

BITMAIN Appears at Blockchain Life 2023 to Discuss PoW and New Opportunities for the New Year

The Blockchain Life 2023 conference was held in Dubai on February 27–28, and BITMAIN, the top producer of mining servers for digital currencies under the ANTMINER brand, presented there. It displayed the newest ANTMINER products as well as cutting-edge technologies and incentives like the Hashrate Award Coupon. It also sponsored the VIP AfterParty of the …

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Bitcoin Price Prediction as Fed Chair Powell Warns of Higher Than Expected Interest Rates – Will Crypto Prices Crash?

In the world of cryptocurrency, Bitcoin remains one of the most popular and widely traded assets. Recently, as the Chairman of the US Federal Reserve, Jerome Powell, warned of higher-than-expected interest rates, many investors question whether this will lead to a crash in crypto prices.  In this update, we will take a closer look at the current state …

Bitcoin Price Prediction as Fed Chair Powell Warns of Higher Than Expected Interest Rates – Will Crypto Prices Crash? Read More »

Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners

Iris Energy to Nearly Triple Hash Rate With Estimated 44,000 New BTC Miners

With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.  mining company Iris Energy has revealed it will nearly triple its mining capacity with the addition of thousands of mining rigs. On Feb. 13 the firm said it purchased an additional 4.4 exahashes per second (EH/s) worth …

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