Major Crypto Stock Selloff Hits Market Crypto-related stocks experienced significant declines on Wednesday, with bitcoin mining companies that had been riding the artificial intelligence infrastructure wave taking the hardest hits. The selloff was broad-based and affected nearly every corner of the crypto stock universe. Bitfarms, Cipher Mining, Hut 8, and HIVE all dropped between 10%…
Miners Pivot to AI as Bitcoin Growth Slows Bitcoin miners are facing a challenging transition as they shift their business models toward artificial intelligence and high-performance computing. The move comes as bitcoin’s price has only increased by about 10% this year, which is quite modest compared to previous periods. With corporate bitcoin treasury strategies losing…
Network Growth and Financial Shifts Bitcoin mining reached a significant milestone in September when the network averaged 1.034 zetahashes per second, marking the first time it crossed the zetahash threshold. This growth came with some economic pressure though – hashprice fell below $47 per petahash per second during the same period. According to recent analysis,…
New Bounty System Goes Live Axie Infinity has rolled out a fresh set of community bounties that give players more ways to earn rewards. There are five different types now available, covering combat, harvesting, exploration, dojo performance, and AXP gains. The point values range from 15 to 400 points, which I think makes sense for…
Bitcoin Miner’s Strategic Shift to AI Infrastructure IREN, the bitcoin mining company that’s been making waves with its pivot to artificial intelligence infrastructure, just received a major vote of confidence from Wall Street. Cantor Fitzgerald analyst Brett Knoblauch more than doubled his price target for the stock, moving it from $49 to $100. That represents…
MELI is the new hot buzzword of the GameFi racetrack, and its token further shows a rapid upward trend. There is not only the MELI token, it also has another partner – PCE. Players should have known its core token MELI, and many of them have even enjoyed dividends. There is only one way to…
$DODI enables users play the games or open their own rooms in a gambler-only environment with no house or casino in pooled betting multiverse Players benefit from enhanced risk reward parameters and room owners earn by monetizing their communities and followers DoubleDice (Uniswap: DODI), launching today, has developed a trailblazing decentralized gaming (DeGa) platform which…
To Preview the November 30th NFT Drop, AEXLAB Partners With Metadrop to Unveil the New VAILIENS NFTs at Art Basel in Miami. MIAMI, FL / ACCESSWIRE / November 26, 2021 /AEXLAB, a Miami-based technology company whose main focus is on developing virtual reality from the ground up, is preparing to drop their VAILIENS NFTs on Metadrop….
November 25, 2021– Rocket Network is about to announce the launch of RNK token, a completely decentralized traded cryptocurrency. The RNK token allows online payments to be sent directly from one party to another without the use of a centralized financial system. Using the Binance Smart Chain, the ecosystem enables fast and low-cost transactions (BSC)….
Bitshiba is back again with very big news for its community. The cryptocurrency will be scheduling its next pump upcoming week and the official announcement will be made on Bitshiba’s socials. This will be a great opportunity for crypto enthusiasts who may or may not already hold $SHIBA. Ever since the beginning of its launch,…
