S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage old miners manufactured by Canaan, Bitmain, and others. Chinese bitcoin miners dealing with electronic component price increases have found...
IMCoin (IMC) Flies High
PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history. This week IMC reached a total of 19,028,319 tokens sold and a reserve or underlying fund of $34,777,399. The goal of IMC is to reach the...
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed addressing climate change for the first time. A number of economists and analysts now believe the Fed plans to help President-elect Joe Biden’s...
Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin and cryptocurrency payment services provider Bitpay has announced the launch of a new product called Bitpay Send. The new platform is called a mass...
Hollywood, Netflix & Amazon Agree $40m Judgment With Pirate IPTV Provider Crystal Clear Media
Back in August, members of the Alliance for Creativity and Entertainment (ACE), an anti-piracy coalition featuring the major Hollywood studios, Netflix, Amazon, and more than two dozen other companies, filed a lawsuit against US company TTKN Enterprises, LLC. Better known online as IPTV service Crystal Clear Media (CCM), TTKN and owners Todd and Tori Smith of Florida were accused by Disney, Paramount, Amazon, Warner, Universal,...
