The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect …
Read More »Bitcoin miners upgrade power centers and get into AI to brace for slashed revenue post halving
Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the thick of cracking down on the sector writ large, and Core Scientific the company he had agreed to take over, was battling angry …
Read More »The working of cryptocurrency in 2024 and how does make money to crypto?
Welcome to the thrilling world of cryptocurrency, where digital assets reign supreme and traditional financial systems are being revolutionized. In this blog post, we will delve into the workings of cryptocurrency in 2024 and explore how you can potentially make money from this exciting new form of currency. Get ready …
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