SWIFT and the clearing place and the computerized cash research establishment of the People’s Bank of China (PBoC) have united to begin a monetary passage organization in China. The new entity, called Finance Gateway Information Service Limited, was enrolled in Beijing on January 16 with 10 million euros ($12 million) as consolidation capital, as indicated by openly available reports. The [...]
Ukraine’s Ministry of Energy is considering building a bitcoin mining center to utilize the country’s excess nuclear power. Officials of the ministry held a discussion last week with Yevhen Vladimirov — Ukraine’s deputy energy minister for digital development, Energoatom — the country’s state-owned nuclear energy company Hotmine — Ukraine’s bitcoin mining machines manufacturer to move […]
TL;DR Breakdown BTC peaked at $36,900. Closest support at $34,500. A bearish 4-hour pin-bar formed earlier today. Today`s Bitcoin price prediction is bearish as the market has reached the $37,000 resistance area once again and seems to reject further upside so far. The overall market has experienced a strong upswing over the last 24 hours. […]
TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating expending over $10 billion to capitalize on a Bitcoin mining chip plant located in Austin Texas. […]
According to the Reuters report, a global chip shortage is choking the production of machines used to “mine” bitcoin, a sector dominated by China, sending prices of the computer equipment soaring as a surge in the cryptocurrency drives demand. The scramble is pricing out smaller miners and accelerating an industry consolidation that could see deep-pocketed […]
Bitcoin’s Volatility Helps Ether Close in on New All-Time High | CoinShares to Launch Bitcoin Exchange-Traded Product on SIX Swiss Exchange | Iran Seizes 45,000 Bitcoin Mining Machines After Closing Illegal Operations
Two employees at a Chinese school, the principal and vice-principal, have reportedly been dismissed from their duties for mining Ether (ETH) on school property using the institution’s electricity and facilities. The two principals are said to have secretly installed mining rigs at Puman Middle School in China’s Chenzhou, Hunan province, stealing the school’s power to […]
