Month: November 2021

GameFi fever and potential risks

November 28, 2021 By admin 0

After the success of Axie Infinity, blockchain-based game projects were continuously launched. However, users need to be wary of the risks of the new investment sector.​ GameFi is a term for games built on the Blockchain platform, NFT item trading. After the success of Axie…

Texas faces grid overload as Bitcoin (BTC) mining demand soars

November 26, 2021 By admin 0

As the US state of Texas faces a rapid influx of Bitcoin mining operations, the state’s electrical infrastructure will have to support the industry’s additional 5,000 megawatts (MW) of energy demand by 2023. . The Bitcoin mining industry in Texas currently consumes about 500 to…

The US becomes the largest Bitcoin mining center in the world

November 26, 2021 By admin 0

According to data from the Cambridge financial selection center, the US has overtaken China for the highest share of Bitcoin mining market share in the world. China’s ban on Bitcoin mining and trading activities has had a huge impact on the sector, forcing miners to…

Crypto miners hunt for CPU to make Bitcoin miner

November 26, 2021 By admin 0

After the thirst for graphics cards, miners are looking to buy CPUs to mine Raptoreum – the digital currency that has just appeared on the market. The Raptoreum project launched on February 26, but began to grow strongly from the beginning of November. Within the…

Bitmain S19XP Bitcoin Miner

November 26, 2021 By admin 0

The Bitmain S19XP model uses a 5 nm chip manufactured by TSMC, costs $ 10,500 and has a processing capacity of 140 billion hashes per second. Antminer S19XP is the new version announced this month of the S19 series, first launched in mid-2020. S19XP claims…

Countries look to nuclear power to mine Bitcoin

November 26, 2021 By admin 0

Kazakhstan is considering using nuclear power in the context of a power shortage due to the influx of Bitcoin miners from China. President Kassym-Jomart Tokayev of Kazakhstan admitted that the country is in a severe shortage of electricity. After China banned cryptocurrency mining in May,…

Bitcoin big upgrade after 4 years

November 26, 2021 By admin 0

Taproot, Bitcoin’s biggest upgrade in four years, was activated on November 14, prioritizing the privacy and efficiency of transactions. Taproot is important because it opens up a lot of opportunities for entrepreneurs and businesses interested in expanding the utility of Bitcoin, is what Alyse Killeen,…

The World’s First Bitcoin City

November 26, 2021 By admin 0

Nayib Bukele, the president born in 1981 of El Salvador, intends to build Bitcoin City with an investment of about 1 billion USD. The plan was announced by Mr. Bukele at Bitcoin Week – an event held this past week to mark El Salvador becoming…

Regret buying gold instead of Bitcoin

November 26, 2021 By admin 0

With the same capital of more than 100 USD, if buying 0.03 Bitcoin since the beginning of the year, so far, the profit has been doubled compared to buying gold. Less than a month when Bitcoin hit $60,000, the digital currency set an all-time high…

Energy Consumption Soars As Bitcoin Peaks

November 26, 2021 By admin 0

The Bitcoin network’s energy consumption spiked as the cryptocurrency’s price surpassed $66,000, as world leaders sought to tackle climate change. The price of the world’s largest cryptocurrency reached $ 66,700 at the end of October, breaking the record set in mid-April of this year. Bitcoin’s…