Monday, March 16, 2020

Bitcoin's price crash casts a shadow over mining firms, which have spent $500M+ since Sept. to prep for the "halving" in May, where mining rewards drop by 50% (Wolfie Zhao/CoinDesk)

Wolfie Zhao / CoinDesk:
Bitcoin's price crash casts a shadow over mining firms, which have spent $500M+ since Sept. to prep for the “halving” in May, where mining rewards drop by 50%  —  Bitcoin's price crash last week has cast a shadow over mining firms, which have spent over half a billion dollars overhauling equipment …



No comments:

Post a Comment

An interview with Ciena CEO Gary Smith, a veteran of the 2001 telecoms crash, on AI demand outpacing supply for Ciena's optical networking chips, and more (Steven Rosenbush/Wall Street Journal)

Steven Rosenbush / Wall Street Journal : An interview with Ciena CEO Gary Smith, a veteran of the 2001 telecoms crash, on AI demand outpa...