Bitcoin mining’s accessible nature has changed as the network has grown in use and adoption. CoinGecko, one of the most referenced cryptocurrency price monitoring platforms in the crypto industry, has released a new report on the profitability of Bitcoin mining based on energy costs. The report, titled Household Electricity Costs to Mine 1 Bitcoin at […]
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Governments are securing graphics processing units (GPUs) for AI development; UK and Saudi Arabia investing heavily. Saudi Arabia and the United Arab Emirates have purchased thousands of Nvidia’s H100 chips for AI research and innovation, despite the high cost of $40,000 per chip. The UK government has committed £100m to order components from Nvidia, AMD […]
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The popular metaverse platform, Roblox, is facing a high-profile lawsuit for allegedly promoting gambling among children and adolescents. The popular immersive gaming platform, Roblox, is facing a lawsuit in the United States for allegedly promoting gambling among children and adolescents. As reported by Bloomberg Law, some parents proceeded to sue after learning that their child […]
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The dollar dominance may be coming to an end. According to several experts, the US currency does not have much more time. Hegemonic for a long time in the world money market, the dollar would be doomed to certain death. Many American politicians make fun of the thing if they don’t buy it. However, former […]
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Market sentiment for September following the sell-off is explored through the lens of on-chain data and historical sentiment trends. In August 2023, the crypto market experienced significant fluctuations in its volatility. Over the last 48 hours, the market witnessed a massive $1 billion sell-off, triggered by a series of bearish events. The question arose: could […]
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