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Man configuring a crypto mining rig with multiple GPUs, showcasing the setup process for building a mining system
Introduction The digital gold rush of the 21st century, cryptocurrency mining, has seen a significant upsurge in interest across Australia. With the promise of rewards in the form of digital currency, many are diving into the world of crypto mining, eager to stake their claim. But embarking on this digital venture is more complex than...
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Principal Assistant Director for energy for the White House office of science and technology policy, Costa Samara, has detailed that the White House is seeking to introduce policies to lower cryptocurrency mining energy consumption, according to a report from Bloomberg Law.     Following President Joe Biden’s executive order in March pressing federal agencies to...
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PART 4: 2022: The Future of Crypto What we have seen so far in 2022   Entering 2022 and the month of January saw a highly volatile market, continuing the negative trend line, with many of the top crypto losing a lot of value. BTC began the year with a $900 billion market capitalisation and...
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Bitcoin Fundamental & Technical Report – 17th November   In today’s report, we are taking an in-depth look at the technical structure of BTCUSD. Firstly, as usual, we will digest the recent fundamentals in the crypto space. Digital asset investment products attracted $151 million last week, cooling from prior weeks but remained positive. Bitcoin-related funds...
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BTC network reset resulted in 7% in mining difficulty Last week the BTC network reset resulted in a 7% jump in mining difficulty as the overall network hash rate continued to climb. The recovery can be attributed to Chinese miners finding sites to deploy their rigs and other investors expanding their own mining operations to...
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4th December 2020 This week we cover: When will we see Bitcoin break 20k? Ethereum going from strength to strength How Cryptocurrency can help our future? Fear, Greed & Mentality When will we see Bitcoin break 20k? This week saw Bitcoin finally break it’s all time high but also abruptly rejected near the $20,000 resistance....
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20th November 2020 This week we cover: Ethereum 2.0 launch COVID-19 and the effects on the Cryptocurrency market Record highs across the whole market Fear, Greed & Mentality Ethereum 2.0 to be launched on 1st December The long anticipated ETH 2.0 has finally been announced, and will be released on 01/12/2020. The concerns following low...
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20th November 2020 This week we cover: Could Bitcoin reach 100k in the next 12 months? Ethereum to follow Bitcoins bull run in the very near future Is a blockchain based voting app a must? Fear, Greed & Mentality Could Bitcoin reach 100k in 12 months?  Over the past 4-6 months, Bitcoin has been gaining...
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November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all love and cherish. With Bitcoins price hovering...
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BLOCKFI CHASING INSTITUTIONAL INVESTORS BlockFi is a cryptocurrency lending start-up that raised $18.3 million USD in series A funding back in August of this year. Among the funding parties, contributions were made by Winklevoss capital, Galaxy Digital and Morgan Creek. BTCMANAGER reported this week,  BlockFi is intending to launch Institutional Services, a new platform specifically...
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