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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »

2021-6-2 11:00


Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity

As people look for a hedge against currency devaluation, inflation, and defaults, the value of Bitcoin surges to almost 5.9 million pesos compared to the 3.4 million pesos official rate. The post Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity first appeared on BitcoinExchangeGuide. дальше »

2021-6-2 21:35


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Australian Mining Company Expects Bitcoin To Overcome Backlash Over Energy Concerns

Sydney-based Bitcoin mining company Iris Energy Pty expects the world’s largest cryptocurrency to overcome the struggles brought on by the concerns regarding its effect on the environment. Crypto investors and holders are well aware of Bitcoin’s latest plunge, with the digital coin falling to a figure that more than halved its all-time high in May. […] дальше »

2021-6-1 15:35


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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […] дальше »

2021-6-1 15:30