Tag: Still

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit Since BTC prices slid below the $ 8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $ 0.12 per kWh are profiting at current prices. Of […]

Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst

Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst After hitting $ 6,600, Bitcoin (BTC) saw a strong price bounce, returning to $ 7,800 just yesterday. Though, analysts have asserted that the cryptocurrency market remains in a weak state, despite the nearly 20% recovery that has been seen over […]

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some odd reason […]