Elon Musk Eyes Twitter CEO Role, Gains Key Investors Over the last 24 hours, 19 different parties have put forward $7.1 billion in commitments to help finance Elon Musk’s $44 billion takeover of one of the world’s most popular social media platforms, Twitter. As a result, it is expected that Musk will become Twitter’s...Continue Reading
Bitmain in mid-March released the Bitmain S19 XP Hyd, a new liquid cooling miner that is its most power-efficient model to date, delivering 255 TH/s at 20.8 J/T. Being the world’s largest manufacturer of cryptocurrency mining equipment, Bitmain’s new S19 XP Hyd has the greatest power efficiency among all of the company’s rigs. ...Continue Reading
As the need for use of cleaner energy in Bitcoin mining hardware becomes paramount, Canaan has recently released its new Bitcoin Mining hardware in its A12 series, gearing up its expansion of self-mining. The Avalon 1266 will have 100 terahash per second (TH/s) mining hashrate capacity and 35 joules per terahash (J/T) power efficiency,...Continue Reading
Following strong demand, Commonwealth Bank in November, 2021, announced that it will “become Australia’s first bank to offer,cryptocurrency services which give customers the ability to buy, sell and hold crypto assets, directly through the CommBank app.” In doing so, CBA partnered with Gemini, one of the world’s largest regulated cryptocurrency exchanges and custodians, as...Continue Reading
2021: The Explosion of Web 3.0, Metaverse, and NFTs An array of decentralised technologies such as Web 3.0, the Metaverse and the explosion in popularity of Non-fungible tokens (NFTs) continued the upward bullish trend of cryptocurrency and blockchain for much of 2021. The vision of Web 3.0 Web 3.0 was first coined by...Continue Reading
Over the past 3 years Bitcoin miners have experienced a roller coaster of emotions when calculating profitability. The Bitcoin miners who performed the best were those who got in early during or before 2016 and were rightfully rewarded when the 2017 bull run came along. However those rewards did not come without major risks. The...Continue Reading
Ethereum Classic: A Top Choice for Impressive Mining Profits Ethereum Classic (ETC), one of MiningStores recommended coins to mine, has had some very impressive price gains in the past week. As a result, our GPU mining community are licking their lips at the new daily profits this coin is providing. What is causing ETC to...Continue Reading
Bitcoin has surged 35% since June, and this week week alone Bitcoin has climbed another $1,000 USD! So, what is causing the cryptocurrency market to return to its previous highs, and how can you take advantage of it? The main factor contributing to the latest highs of Bitcoin has come from institutional investors opening their...Continue Reading
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