Nearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trap | TokenGuardHub

📢 Crypto Market Update

Stay updated with the latest cryptocurrency news, blockchain developments, Bitcoin, Ethereum, DeFi, NFTs and Web3 trends. Here is today's top story.

Nearly a fifth of all Bitcoin mining power is sitting completely dark, and turning it back on could trigger a brutal margin trap

Luxor estimates 235 EH/s of capacity is idle for mixed reasons, complicating the capitulation signal as Texas’s summer curtailment window ends.

Source: CryptoSlate

👉 Read Full Article

Comments

Post a Comment

Popular posts from this blog

Meet ChatGPT-6 Astra: A Supercomputer for Only $20? | TokenGuardHub

Image
📢 Crypto Market Update Stay updated with the latest cryptocurrency news, blockchain developments, Bitcoin, Ethereum, DeFi, NFTs and Web3 trends. Here is today's top story. Have you heard of AGI? Artificial General Intelligence. It’s the idea that AI can handle cognitive work at a human level. For years, it was just hypothetical, a Hollywood movie concept at best. Now, OpenAI says they have achieved it – with ChatGPT 6 Astra. In theory, an AGI could read a legal document, write Source: BeInCrypto 👉 Read Full Article
Read more

'The Right Trade': Strategy CEO Has No Regrets Selling Bitcoin at $60K Before Buying Back Higher | TokenGuardHub

Image
📢 Crypto Market Update Stay updated with the latest cryptocurrency news, blockchain developments, Bitcoin, Ethereum, DeFi, NFTs and Web3 trends. Here is today's top story. Phong Le said Strategy’s cost of capital—not Bitcoin’s price—drove its decision to sell nearly 7,000 BTC before resuming purchases above $80,000. Source: Decrypt 👉 Read Full Article
Read more

Australia says it removed 45 crypto, remittance registrations over the past year | TokenGuardHub

Image
📢 Crypto Market Update Stay updated with the latest cryptocurrency news, blockchain developments, Bitcoin, Ethereum, DeFi, NFTs and Web3 trends. Here is today's top story. AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment scams. Source: Cointelegraph 👉 Read Full Article
Read more