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Tag Archives: MINING

Cryptocurrency: The Reality Check Leads to Crash offered to Industry

The most popular cryptocurrency such as Bitcoin, Ethereum, XRP has globally wiped the crypto market well in recent years and Almost US$700 billion has been wiped off from global cryptocurrency markets since their peak. Bitcoin — the most well-known cryptocurrency — began its exponential climb in November last year, surging by 200 percent …

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Bitcoin Faces Second Largest Difficulty Drop in History After Latest Adjustment

Bitcoin’s hashing trouble calculation is ordinarily balanced at regular intervals to keep up the ordinary 10-minute square time. It has been balanced for the second time today since the start of a supposed “crypto winter” in mid-November, after which the trouble in mining Bitcoin has been consistently dropping. Bitcoin’s (BTC) …

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Apple’s Chip maker Braces For Dampening Crypto Mining Demand

The world’s largest independent semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC) predicted that its fourth-quarter revenue would increase by only a couple percentage points, forecasting revenues of 9.35 billion to 9.45 billion. Its 2017 fourth-quarter revenue was 9.2 billion. Taiwan is not only the world’s largest semiconductor foundry, but it …

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