Why Bitcoin miners are getting overlooked this cycle
Retail investors often miss the fundamental role Bitcoin miners play in securing the decentralized network.
Retail investors often miss the fundamental role Bitcoin miners play in securing the decentralized network.
Cryptocurrencies continued their weak trading as recession fears weighed on risk assets ahead of Friday's key jobs data report.
While the process of mining itself has changed, becoming more centralized and being managed by large computer centers, companies such as NiceHash continue to serve small and big miners across the world. We sat with NiceHash’s Lead Mining Manager Marko Tarman to talk about how and why the process of mining has changed and how it can fit the current and future DeFi and crypto landscape.
The fake breach started with mocking tweets and crescendoed with a masked villain disrupting founder Illia Polosukhin to rip on the crypto "pipe dream" and telling viewers "there's nothing waiting for you in Thailand" (where NEAR's holding its hackathon in November). Reverse psychology aside, the marketing stunt makes callbacks to a decades-old character of early digital culture: Max Headroom. What really makes Max memorable today, and notable for the purposes of NEAR's rather cringey gambit, is the broadcast that wasn't supposed to be: the Max Headroom incident.
Check out the economic factors and company-specific risks behind these drops.
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday
Investors now have more options when it comes to buying cryptocurrencies.
In this weeks top financial and crypto news, U.S. stocks plunged, with tech and semiconductor sectors leading the decline, while Bitcoin ETFs saw their largest outflows since May. Meanwhile, the FBI warns of North Korean hackers targeting Bitcoin ETFs. Uniswap Labs was fined for offering illegal crypto derivatives trading, and Ripple's CEO announced their stablecoin is close to launch.