Monthly Archives: January 2022

Marathon Mined 3,197 BTC In 2021, An 846% Increase YoY

Last year was Marathon’s best year to date as the miner increased its hash rate by 1,790%. Marathon mined 3,197 bitcoin in 2021, an 846% increase from the previous year. In December, the company produced 147% more bitcoin than in November. Marathon received over 10,000 new mining rigs from Bitmain during December. Bitcoin mining company Marathon Digital Holdings had a record year in 2021 as it produced over 3,000 bitcoin, up from 338 BTC in the previous year, the company said in a statement Monday. The miner […]

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How Bitcoin Will Save Millennials

The technology is a future of hope for the most indebted generation in the history of the United States. All generations have rich nostalgia for the decade of their childhood. Our coming of age is our purest time. And for the millennials, it’s probably best encapsulated by the 1990s. The 90s are milk and honey for us. We remain so fond of the music, the TV and cinematic treasures, our first AOL experiences and the quintessentially middle class comfort many of us experienced, whether we fit into […]

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Bitcoin Mining At Home: Trend To Watch In 2022

Bitcoin Magazine gets an inside scoop on the hot at home mining trend from various companies in the industry. Home bitcoin mining is enjoying a wave of popularity right now as would-be bitcoiners recognize all the positive spin-offs of mining at home: home heating, greenhouse projects, and being a part of the bitcoin revolution. As 2021 draws to a close, Bitcoin Magazine has been checking in with a few of the companies in the bitcoin mining space to get a sense of how the market for ASICs […]

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Happy Birthday, Bitcoin! Industry players share a few words

Bitcoin’s genesis block was mined 13 years ago today! To celebrate the Bitcoin network ‘s 13th anniversary, Cointelegraph gathered birthday messages from industry players to mark the occasion. Following a hash rate all-time high, Bitcoin (BTC) has officially reached its adolescent years and industry experts weigh in on its future. Beimnet Abebe, VP of Principal Trading at Galaxy Digital: “13 years ago Bitcoin was released. Although its creation garnered little fanfare, drawing the eyes and attention of only a few esoteric coders, its release would prove monumental, enabling anyone, […]

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Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins

The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey has skyrocketed and today, 28.96% of all trades with tether are paired against the Turkish lira. Inflation in Turkey Rises to the Highest Level in 19 Years, TRY Is Tether’s Top Pair Capturing 29% of All Trades, TRY Commands […]

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Wharton Professor: Bitcoin Is The New Gold For Millennials

Jeremy Siegel said in an interview that Bitcoin is acting as a better inflation hedge than gold. Bitcoin is providing better protection from inflation than gold, a Wharton finance professor said. Jeremy Siegel added that Bitcoin has replaced gold in the minds of younger investors. The peer-to-peer money outperformed gold by a large margin last year, rising by almost 60% while the metal lost 5% of its value. Bitcoin is acting as a better inflation hedge than gold and has replaced the metal in the minds of […]

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Bitcoin traders expect $60K by month’s end, marking $45K as ‘accumulation’

Analysts predict a short-term drop to $46,000 for BTC before it resumes its uptrend, which could see its price rise to $60,000 by February. The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts.  Data from Cointelegraph Markets Pro and TradingView shows that, after climbing above $47,500 to start the new year, the price […]

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COC#8: Bitcoin’s 2021 Review Using On-Chain And Price Related Data

A look back at 2021’s most important events and on-chain trends for bitcoin’s price action, as well as a brief look forward into 2022. Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements. This eighth edition provides a year in review for 2021 and then assesses what current trends look like going into 2022. A Year Of Modest Growth The bitcoin price opened the year at $27,346 (on Kraken) and actually never looked back. Hopes were very […]

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Smart TVs and NFTs Collide: Samsung Introduces World’s First Television-Based NFT Platform

The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology. Samsung Reveals Smart TV With NFT Capabilities One of the largest electronics manufacturers worldwide, Samsung Electronics, has noticed how popular NFTs are today and the company believes there’s something needed to view these digital artworks. The U.S. Samsung Newsroom published a summary of the company’s latest lineup of MICRO LED, Neo QLED, and Lifestyle […]

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Cardano became the most developed crypto on Github in 2021 — Santiment

It’s has been a little over three months since Cardano’s Alonzo Fork was implemented, but the blockchain is already gaining significant traction among developers. According to data compiled by CryptoRank and Santiment, Cardano (ADA) was the most developed crypto on Github in 2021, with over 140,000 events.  Rounding out the top three were Kusama (KSM) and Polkadot (DOT) at second and third places, respectively, with roughly the same number of events over the year. Cardano beat Ethereum’s development activity by a wide margin, with the latter coming […]

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