Bitcoin Day News

Iran Temporarily Stops Authorized Crypto Mining To Save Energy For Winter

The Iranian government has again ordered licensed miners to cease operations due to power shortages during the winter months. According to earlier reports, Iran temporarily banned cryptocurrency mining amid high power demand in the summer. However, following previous restrictions, authorized crypto-mining entities resumed mining in September Crypto Mining Farms Shut Down .The Iranian government is now taking measures to reduce …

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90% Of All Bitcoins Mined. When Will All Bitcoin Enter CIrculation?

While mining 90 percent of Bitcoin took only 12 years, the remaining 10 percent will take an unusually long time because of “Bitcoin halving”. When Bitcoin was launched in 2009, not many were sure how it would play out. However, the world’s first cryptocurrency gained rapid success and cemented its dominance as the market leader, far ahead of its competition. …

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Crypto DoNations To Charity Are Booming. What to know Before Making A Year-End gift

Cryptocurrency donations to charity are booming, with gifts still rolling in as the calendar winds down. Investors may still bypass capital gains taxes on profitable assets, and score a write-off for 2021 if they itemize deductions. However, there are things to consider before transferring crypto to charity, experts say. Cryptocurrency donations to charity are booming, with gifts still rolling in …

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2 days ago 38065 Tesla CEO Elon Musk Reveals Why He’s Pro Dogecoin Amid Debate Over Web3, Ethereum, Decentralization

Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point of failure, and corporate-controlled lies,” he stressed. Elon Musk Shares Why He’s Pro Doge Elon Musk’s Doge explanation came …

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Bitcoin Might Fade Out Of Existence, Warns Academic

Prasad stated that Bitcoin’s lack of efficiency and its inability to facilitate exchange as a mode of payment will be the reason for its downfall. The future of Bitcoin is hard to predict, but Eswar Prasad, an international trade policy professor at Cornell University has warned that the world’s most popular cryptocurrency could fade out in the near future. In …

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