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Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1

Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from the $1.07 trillion crypto economy. Statistics show that a number of bitcoin miners capitulated over the last two weeks, selling 5,925 bitcoin worth millions, according to cryptoquant.com data. More Than 6,100 Bitcoin […]

Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy

Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in ProfitsAs the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, […]

Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy