Bitcoin ETFs test investor commitment to gold-backed paper
A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs, although analysts and fund managers said they are unlikely to challenge bullion longer term.
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Oil Giant Shell Makes Move Into Bitcoin Mining Industry
Mining News Pro - David Bailey, CEO of Bitcoin Magazine, was quoted as saying that an energy giant like Shell entering the mining space is “a big win for Bitcoin.”
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Is Bitcoin Mining Profitable in 2022
Mining News Pro - Bitcoin prices have been volatile this year. While the original crypto soared to $69,000 in November 2021, it sank to as low as $17,708 in June before rebounding to its current trading level at around $23,000.
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Bitcoin Mining Difficulty Level is Decreasing
Mining News Pro - Antpool, which succeeded in finding 638 block rewards, and F2pool, which found 606 blocks, continued the mining process.
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Bitcoin miners help US oil producers cut flaring
Mining News Pro - US oil producers are turning to an unexpected source to help solve the environmental problem of excess natural gas — cryptocurrency miners.
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Russia is about to power Bitcoin mines with fossil fuel
Mining News Pro - One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining.
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Bitcoin miners aim for green mining
Mining News Pro - Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors.
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What is Bitcoin Mining and How it Works?
Mining News Pro - The process of adding more Bitcoin to circulation and recording transactions on the blockchain is called mining.
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Where are the key Bitcoin mining hotspots?
Mining News Pro - Bitcoin mining is a controversial practice given the excessive energy it uses, meaning the key locations for the activity are highly changeable.
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The Matter of Energy: Mining Bitcoin or Mining Gold
Mining News Pro - In the matter of energy consumption most experts have reached at a same opinion which mining a cryptocurrency is using much more energy than even a country. This means that in the future we will be hurt by the usage of the energy by this mining farms.
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Goldman Sachs says bitcoin will compete with gold as “store of value”
Mining News Pro - Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Goldman Sachs analyst Zach Pandl said in a research note to clients.
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The possible Chinese coal link in Tesla’s Bitcoin binge
Mining News Pro - There’s a pretty good chance that any new Bitcoin generated after the cryptocurrency’s Elon Musk-aided surge toward $50,000 will be sourced using cheap coal power in China’s Xinjiang.
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New Relationship Spotted Between Bitcoin And Gold
Mining News Agency -The beginning stages of a new relationship between bitcoin and gold have been discovered by RBC Capital Markets.
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Gold may not be bitcoin, but miners can still make you money
Mining News Agency - Gold and silver prices haven’t had the best year when compared to industrial metals, and the outlook for next year looks muted at best.
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