Crypto for Advisors: Bitcoin’s Supply Reduction
What does Bitcoin’s fourth halving mean, and why does it matter?
Binary trading platforms with better performance and payouts
Bitcoin Mining
What does Bitcoin’s fourth halving mean, and why does it matter?
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)
Will Foxley’s doc about a small Texas town’s embrace of a new mining facility paints a more positive story about Bitcoin’s impact on rural communities than typically reported.
The two parties agreed on a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement.
Several months ago, the halving was expected to take place on April 28; now it’s on track to land on April 18. Blame the surge in bitcoin’s price, which has attracted more mining power and sped up the network.
The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures.
Stock appears undervalued given the wide gap between the company’s valuation and its growth prospects, the report said.
In another example of crypto using the courts to fight back against unwarranted regulatory interference, blockchain advocates stopped a U.S. statistics agency from issuing an “emergency” request for mining energy metrics.
Investors are pouring money into spot ETFs while avoiding miners due to risks related to Bitcoin’s halving event.
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.