CryptoMining
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đ Bitcoin Mining Hits New Heights: Hashrate and Difficulty Reach All-Time Highs! đ
Bitcoin mining is breaking records once again! For the first time ever, mining difficulty has surged past 92 trillion, up from the previous high of 90.66 trillion set in August. đ
The hashrate is following suit, with a historic peak of over 690 EH/s reached on September 9. This new record comes after a brief dip following the April halving, showing that miners are not only resilient but also ramping up their efforts. đȘ
Whatâs Driving the Surge?
Despite Bitcoin's price fluctuations, miners continue to boost their computing power. New, more efficient mining machines and the ongoing effects of the last bullrun are fueling this upward trend. As a result, the hashrate has increased threefold since May 2022, even as BTC's price saw significant changes. đ
Impact on the Market:
The rise in hashrate and difficulty doesnât directly affect Bitcoinâs price but reflects miners' confidence and the industryâs ongoing evolution. Minersâ decisions to invest in new technology and expand operations underscore their belief in Bitcoinâs future.
Stay tuned and watch as Bitcoin mining reaches new milestones!
#Bitcoin
#CryptoMining #Hashrate #Blockchain #BTC
$BTC
$ETH
$BNB
Bitcoin mining is breaking records once again! For the first time ever, mining difficulty has surged past 92 trillion, up from the previous high of 90.66 trillion set in August. đ
The hashrate is following suit, with a historic peak of over 690 EH/s reached on September 9. This new record comes after a brief dip following the April halving, showing that miners are not only resilient but also ramping up their efforts. đȘ
Whatâs Driving the Surge?
Despite Bitcoin's price fluctuations, miners continue to boost their computing power. New, more efficient mining machines and the ongoing effects of the last bullrun are fueling this upward trend. As a result, the hashrate has increased threefold since May 2022, even as BTC's price saw significant changes. đ
Impact on the Market:
The rise in hashrate and difficulty doesnât directly affect Bitcoinâs price but reflects miners' confidence and the industryâs ongoing evolution. Minersâ decisions to invest in new technology and expand operations underscore their belief in Bitcoinâs future.
Stay tuned and watch as Bitcoin mining reaches new milestones!
#Bitcoin
#CryptoMining #Hashrate #Blockchain #BTC
$BTC
$ETH
$BNB
See original
CleanSpark Increases Capacity: Purchase of 7 Mining Facilities Will Increase Hashrate by 22%
CleanSpark continues to expand its presence in the Bitcoin mining market. It recently announced the purchase of seven mining facilities in Tennessee, which will increase its hashrate by 22%. These facilities were previously owned by GRIID Infrastructure and will now become part of CleanSpark's assets, strengthening its position among the largest Bitcoin mining players.
Scam or Legit? đ Uncovering the Dark Secrets of $TOMATO Mining Platform
1/ What is $TOMATO?
$TOMATO claims to be a decentralized mining platform, promising effortless mining and high returns. Itâs gaining attention fast, but is it too good to be true? Letâs dive deeper.
2/ Red Flags You Should Know
Before jumping in, watch out for these warning signs:
Lack of transparency: no clear info on the team, technology, or business model
Unverified claims: promises of high returns with no solid evidence to back them up
No security audits: most legitimate projects undergo audits, but $TOMATO does not
3/ Suspicious Online Presence
A quick look at $TOMATOâs website raises more questions:
No social proof: no active social media channels or community engagement, essential for building trust in crypto
4/ Shady Marketing Tactics
Their marketing is aggressive, and not in a good way:
Referral schemes: encouraging users to bring in new participants with bonus promises
FOMO tactics: urging investors to âact nowâ before itâs âtoo lateâ
5/ Is It a Ponzi Scheme?
The structure looks shady:
Relying on new investors: profits seem to come from new users, not mining operations
Bad experiences: reports of missing payouts, frozen accounts, and unresponsive support are all over the forums
6/ Scam Accusations
Many users are calling $TOMATO a scam, sharing stories of delayed withdrawals and poor customer service. The red flags keep piling up.
7/ Stay Safe in Crypto
Always research before investing in any platform. Look for audits, check community feedback, and never invest more than youâre willing to lose.
#CryptoSafety #TOMATOScam #ScamAlert #CryptoMining #BinanceSafety
1/ What is $TOMATO?
$TOMATO claims to be a decentralized mining platform, promising effortless mining and high returns. Itâs gaining attention fast, but is it too good to be true? Letâs dive deeper.
2/ Red Flags You Should Know
Before jumping in, watch out for these warning signs:
Lack of transparency: no clear info on the team, technology, or business model
Unverified claims: promises of high returns with no solid evidence to back them up
No security audits: most legitimate projects undergo audits, but $TOMATO does not
3/ Suspicious Online Presence
A quick look at $TOMATOâs website raises more questions:
No social proof: no active social media channels or community engagement, essential for building trust in crypto
4/ Shady Marketing Tactics
Their marketing is aggressive, and not in a good way:
Referral schemes: encouraging users to bring in new participants with bonus promises
FOMO tactics: urging investors to âact nowâ before itâs âtoo lateâ
5/ Is It a Ponzi Scheme?
The structure looks shady:
Relying on new investors: profits seem to come from new users, not mining operations
Bad experiences: reports of missing payouts, frozen accounts, and unresponsive support are all over the forums
6/ Scam Accusations
Many users are calling $TOMATO a scam, sharing stories of delayed withdrawals and poor customer service. The red flags keep piling up.
7/ Stay Safe in Crypto
Always research before investing in any platform. Look for audits, check community feedback, and never invest more than youâre willing to lose.
#CryptoSafety #TOMATOScam #ScamAlert #CryptoMining #BinanceSafety
Earn $5 Every Minute with This Passive Online Money-Making Method!
Discover how you can mine cryptocurrency effortlessly 24/7 with a mining app. Hereâs the scoop:
- Users can withdraw their earnings to PayPal, cryptocurrency, or their bank account, offering flexibility in accessing funds.
- Many have earned significant amounts, with some making over $1,000 through mining.
- The app allows for passive mining directly on your phone, with earnings deposited every 20 hours. You can set a minimum amount before withdrawing.
- Boosting your mining power can increase your earnings, but be aware it may consume more energy and affect your phone's performance.
- There are multiple ways to exchange your cryptocurrency for USD, including player wallets and exchangers like Lego.
Start earning $7 a day in passive income and see how you can make money while you sleep!
#CryptoMining #PassiveIncome #EarnCrypto #Binance #CryptoMarketMoves
$ETH
$BTC
$BNB
Discover how you can mine cryptocurrency effortlessly 24/7 with a mining app. Hereâs the scoop:
- Users can withdraw their earnings to PayPal, cryptocurrency, or their bank account, offering flexibility in accessing funds.
- Many have earned significant amounts, with some making over $1,000 through mining.
- The app allows for passive mining directly on your phone, with earnings deposited every 20 hours. You can set a minimum amount before withdrawing.
- Boosting your mining power can increase your earnings, but be aware it may consume more energy and affect your phone's performance.
- There are multiple ways to exchange your cryptocurrency for USD, including player wallets and exchangers like Lego.
Start earning $7 a day in passive income and see how you can make money while you sleep!
#CryptoMining #PassiveIncome #EarnCrypto #Binance #CryptoMarketMoves
$ETH
$BTC
$BNB
1/ What is $TOMATO? đ
$TOMATO presents itself as a decentralized mining platform offering users the ability to mine tokens with ease and promising high returns with minimal effort. đ Itâs been making waves, attracting attention from both seasoned and new investors. But here's the question: Is it a legit opportunity or just another too-good-to-be-true scheme? đ€
Stay tuned as we dig deeper into what $TOMATO has to offer and whether itâs worth your investment. đ
#Binance #TOMATO #CryptoMining #DYOR #CryptoNews
$TRX
$TON
$TAO
$TOMATO presents itself as a decentralized mining platform offering users the ability to mine tokens with ease and promising high returns with minimal effort. đ Itâs been making waves, attracting attention from both seasoned and new investors. But here's the question: Is it a legit opportunity or just another too-good-to-be-true scheme? đ€
Stay tuned as we dig deeper into what $TOMATO has to offer and whether itâs worth your investment. đ
#Binance #TOMATO #CryptoMining #DYOR #CryptoNews
$TRX
$TON
$TAO
SUN.io Slashes Gas Fees by 99% for SUN Boost Mining Pool!
$SUN
Exciting update for crypto fans! SUN.io has dramatically cut gas fees for the SUN Boost mining pool by 99%. You now only need to pay 1% of the usual gas fees to dive into Meme token mining.
In addition, transaction fees on SunSwap V2 have been reduced to 1%. This major cut is designed to make mining and trading more accessible and cost-effective.
Take advantage of these lower fees and boost your crypto activities today!
#SUNio #CryptoMining #SunSwap #DeFi
$SUN
Exciting update for crypto fans! SUN.io has dramatically cut gas fees for the SUN Boost mining pool by 99%. You now only need to pay 1% of the usual gas fees to dive into Meme token mining.
In addition, transaction fees on SunSwap V2 have been reduced to 1%. This major cut is designed to make mining and trading more accessible and cost-effective.
Take advantage of these lower fees and boost your crypto activities today!
#SUNio #CryptoMining #SunSwap #DeFi
đšÂ BREAKING NEWS: Russian Bitcoin Miners Strike Gold! đš
In an astonishing revelation, Russian Bitcoin miners have reported mining a whopping 54,000 BTC in 2023! đČ This massive haul, valued at around $3 billion, has solidified Russiaâs position as a major player in the global crypto mining industry.
Key Highlights:
Industrial Scale Operations:Â The scale of mining operations in Russia has reached new heights, with industrial players leading the charge.Economic Impact:Â This mining boom is expected to bring a significant tax windfall to the Russian Treasury, estimated at around $559 million.Future Prospects:Â With new investments and infrastructural developments, the Russian Bitcoin mining sector is poised for even greater growth.
Why This Matters:
For Crypto Investors:Â This development could influence Bitcoinâs market dynamics and overall stability.For the Economy:Â The influx of tax revenue and job creation in the IT sector could have far-reaching economic benefits.
Join the Conversation! đŁïž What do you think about Russiaâs massive Bitcoin mining success? Is this a sign of more to come? Share your thoughts in the comments below! đ
Follow us for more breaking crypto news and stay ahead of the curve! đ
#CryptoNews #Bitcoin #CryptoMining #Russia #BreakingNews
In an astonishing revelation, Russian Bitcoin miners have reported mining a whopping 54,000 BTC in 2023! đČ This massive haul, valued at around $3 billion, has solidified Russiaâs position as a major player in the global crypto mining industry.
Key Highlights:
Industrial Scale Operations:Â The scale of mining operations in Russia has reached new heights, with industrial players leading the charge.Economic Impact:Â This mining boom is expected to bring a significant tax windfall to the Russian Treasury, estimated at around $559 million.Future Prospects:Â With new investments and infrastructural developments, the Russian Bitcoin mining sector is poised for even greater growth.
Why This Matters:
For Crypto Investors:Â This development could influence Bitcoinâs market dynamics and overall stability.For the Economy:Â The influx of tax revenue and job creation in the IT sector could have far-reaching economic benefits.
Join the Conversation! đŁïž What do you think about Russiaâs massive Bitcoin mining success? Is this a sign of more to come? Share your thoughts in the comments below! đ
Follow us for more breaking crypto news and stay ahead of the curve! đ
#CryptoNews #Bitcoin #CryptoMining #Russia #BreakingNews
đšÂ BREAKING NEWS: Crypto Miners Pivot to AI - The New Gold Rush! đš
Crypto miners are making a game-changing move, shifting their powerful equipment to the booming AI sector! đĄđ° What does this mean for the future of both industries? đ€
đ Inside Scoop: Crypto miners, known for their high-performance hardware, are now leveraging their rigs for artificial intelligence tasks. This pivot is being hailed as the ânew gold rush,â with miners finding lucrative opportunities in AI processing. đ
đĄÂ Why This Matters:
Maximizing Profits:Â By diversifying into AI, miners are tapping into a rapidly growing market, ensuring their investments yield higher returns.Sustainability:Â This shift could lead to more sustainable operations, as AI tasks often require less energy compared to crypto mining.Innovation:Â The crossover between crypto and AI is fostering innovation, with new applications and technologies emerging from this synergy.
đ„ Join the Conversation! What are your thoughts on crypto miners diving into the AI sector? Is this the future of mining? Share your insights and predictions in the comments below! Letâs ignite the discussion! đŁïž
Follow us for more breaking news and in-depth analysis on the latest trends in the crypto and AI worlds! đ
#CryptoMining #AIRevolution #TechNews #Innovation #FutureOfMining
Crypto miners are making a game-changing move, shifting their powerful equipment to the booming AI sector! đĄđ° What does this mean for the future of both industries? đ€
đ Inside Scoop: Crypto miners, known for their high-performance hardware, are now leveraging their rigs for artificial intelligence tasks. This pivot is being hailed as the ânew gold rush,â with miners finding lucrative opportunities in AI processing. đ
đĄÂ Why This Matters:
Maximizing Profits:Â By diversifying into AI, miners are tapping into a rapidly growing market, ensuring their investments yield higher returns.Sustainability:Â This shift could lead to more sustainable operations, as AI tasks often require less energy compared to crypto mining.Innovation:Â The crossover between crypto and AI is fostering innovation, with new applications and technologies emerging from this synergy.
đ„ Join the Conversation! What are your thoughts on crypto miners diving into the AI sector? Is this the future of mining? Share your insights and predictions in the comments below! Letâs ignite the discussion! đŁïž
Follow us for more breaking news and in-depth analysis on the latest trends in the crypto and AI worlds! đ
#CryptoMining #AIRevolution #TechNews #Innovation #FutureOfMining
Bitcoin mining is like digital gold mining, except instead of a pickaxe, you need a powerful computer. đ»âïž Just don't forget to pay your electric bill, or you might find your profits disappearing! âĄïž #CryptoMining
"đ„ Breaking News: Nasdaq-listed Canan and Hong Kong-listed New Huo Technology (a Huobi Group affiliate) are joining forces! đ€ The strategic partnership aims to revolutionize the cryptocurrency mining and custody landscape. Buckle up, the mining game's about to level up! đ #CryptoMining #StrategicPartnership"
FREE BTC MINING đ„đ„đđâ€ïžâđ„
Try CryptoTabâthe world's first browser with mining features. Earn BTC without looking up from watching videos, chatting, or gaming online. Join the community of more than 35 million users all over the world already enjoying CryptoTab Browser
click the link to join:
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#BTC⏠#CryptoBillionaire #CryptoMining #Bitcoin⏠#BTCMiners
https://cryptotabbrowser.com/landing/79/36565061
Try CryptoTabâthe world's first browser with mining features. Earn BTC without looking up from watching videos, chatting, or gaming online. Join the community of more than 35 million users all over the world already enjoying CryptoTab Browser
click the link to join:
https://cryptotabbrowser.com/landing/79/36565061
#BTC⏠#CryptoBillionaire #CryptoMining #Bitcoin⏠#BTCMiners
https://cryptotabbrowser.com/landing/79/36565061
đ„đ„đ„ Kyrgyzstan Raises $1m from #CryptoMining Taxes in 2023 đ„đ„đ„
Kyrgyzstan is quietly establishing itself as a notable player in the crypto mining sector, poised to generate over $1 million in government tax revenue this year.
According to reports from 24KG, the nation's finance ministry has reported $900,000 in tax revenue from crypto miners in the first 11 months of 2023. Notably, August saw a significant spike, with miners contributing over $132,000 in taxes, indicating a growing trend in crypto mining activity within Kyrgyzstan.
Mining-related tax payments notably surged in the second quarter of the year, with February tax payments starting at just under $8,300 and experiencing rapid growth in April.
Kyrgyzstan's Energy Minister, Taalaibek Ibraev, mentioned that most crypto mining operations in the country are affiliated with owners of small hydroelectric power stations. While generated electricity is primarily used for domestic needs, many power station owners collaborate with crypto mining firms on a contractual basis.
The nation's appeal to crypto miners lies in its power generation from river networks, akin to Costa Rica and Paraguay. Kyrgyzstan's hydropower potential is considerable, with the International Trade Administration noting that up to 142 billion kWh of energy could be produced, of which only 10% has been tapped in installed capacity.
The focus on green energy aligns with the growing interest from crypto miners seeking environmentally friendly operations. As crypto mining activity continues to rise in Kyrgyzstan, the nation is positioned as an attractive destination for crypto mining ventures, leveraging its abundant hydropower resources.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsđđ°đ« #cryptocurrency #BinanceSquareTalks
#taxation
Kyrgyzstan is quietly establishing itself as a notable player in the crypto mining sector, poised to generate over $1 million in government tax revenue this year.
According to reports from 24KG, the nation's finance ministry has reported $900,000 in tax revenue from crypto miners in the first 11 months of 2023. Notably, August saw a significant spike, with miners contributing over $132,000 in taxes, indicating a growing trend in crypto mining activity within Kyrgyzstan.
Mining-related tax payments notably surged in the second quarter of the year, with February tax payments starting at just under $8,300 and experiencing rapid growth in April.
Kyrgyzstan's Energy Minister, Taalaibek Ibraev, mentioned that most crypto mining operations in the country are affiliated with owners of small hydroelectric power stations. While generated electricity is primarily used for domestic needs, many power station owners collaborate with crypto mining firms on a contractual basis.
The nation's appeal to crypto miners lies in its power generation from river networks, akin to Costa Rica and Paraguay. Kyrgyzstan's hydropower potential is considerable, with the International Trade Administration noting that up to 142 billion kWh of energy could be produced, of which only 10% has been tapped in installed capacity.
The focus on green energy aligns with the growing interest from crypto miners seeking environmentally friendly operations. As crypto mining activity continues to rise in Kyrgyzstan, the nation is positioned as an attractive destination for crypto mining ventures, leveraging its abundant hydropower resources.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsđđ°đ« #cryptocurrency #BinanceSquareTalks
#taxation
$You can't keep showing up on #Web3æŻä» for 365 days and not make a huge win.
One of which is why you're still Early on $ICE Mining. A 24-hr mining project.
Another distribution on $ICE is in 20 days. Here's how to snag your own đ” $ICE tokens.
Cost: $0
Time âł5-Mins
Potential Reward $100 Minimum
1. Head over to https://ice.io/.
2. For IOS devices, click on register. While Android devices should choose from either installing the app via playstore or downloading directly.
3. Upon successful installation, enter your email and click on "login/SignUp".
4. On the next window, "a three digit code" would be displayed. Pen it down âđœ, now minimize the app and head over to your registered email inbox.
5. Open the mail subject "Hi Snowman..." and click "sign in to ice".
6. You'll be redirected to a "Login confirmation page" on your browser, and asked to fill in the three digit code displayed. After that you'll be logged in on the $ICE app.
7. Onboarding, Claim a Username by entering any one of choice, "Note this is exclusive to you and can only be registered once"
8. Who invited you? Enter my unique name " paulstylus " to get a welcome bonus of 10 $ICE coins.
9. On your Dashboard, click on the Blue Chevron button to commence mining.
10. Scroll to add your BSC address in the option below, confirm terms and validate wallet submission.
11. Complete all other aspect of personalization.
12. Spread the value by getting your referral link "Invite Friends" and share to friends.
13. Remember to always do a check in every 18hrs to extend your mining sessions.
14. That's all for now on $ICE mining.
For more $$$ info, kindly leave a Follow, Like and comment opinions and contributions in the comment box.
See you soon đđœ
Do you want more alpha on crypto mining?
Let me know in the comment section
#CryptoMining #Write2Earn #FinanceUpdates
One of which is why you're still Early on $ICE Mining. A 24-hr mining project.
Another distribution on $ICE is in 20 days. Here's how to snag your own đ” $ICE tokens.
Cost: $0
Time âł5-Mins
Potential Reward $100 Minimum
1. Head over to https://ice.io/.
2. For IOS devices, click on register. While Android devices should choose from either installing the app via playstore or downloading directly.
3. Upon successful installation, enter your email and click on "login/SignUp".
4. On the next window, "a three digit code" would be displayed. Pen it down âđœ, now minimize the app and head over to your registered email inbox.
5. Open the mail subject "Hi Snowman..." and click "sign in to ice".
6. You'll be redirected to a "Login confirmation page" on your browser, and asked to fill in the three digit code displayed. After that you'll be logged in on the $ICE app.
7. Onboarding, Claim a Username by entering any one of choice, "Note this is exclusive to you and can only be registered once"
8. Who invited you? Enter my unique name " paulstylus " to get a welcome bonus of 10 $ICE coins.
9. On your Dashboard, click on the Blue Chevron button to commence mining.
10. Scroll to add your BSC address in the option below, confirm terms and validate wallet submission.
11. Complete all other aspect of personalization.
12. Spread the value by getting your referral link "Invite Friends" and share to friends.
13. Remember to always do a check in every 18hrs to extend your mining sessions.
14. That's all for now on $ICE mining.
For more $$$ info, kindly leave a Follow, Like and comment opinions and contributions in the comment box.
See you soon đđœ
Do you want more alpha on crypto mining?
Let me know in the comment section
#CryptoMining #Write2Earn #FinanceUpdates
Laos Halts Power to Crypto Mining Businesses
CryptosHeadlines.com - The Leading Crypto Research Network
Electricite du Laos (EDL) wonât provide electricity to cryptocurrency mining in the country anymore, according to local reports.
Electricite du Laos (EDL) has declared that it will stop providing electricity to cryptocurrency mining in Laos, as reported by local media.
The announcement came on August 24, with EDL explaining that Laos had a dry spell in the first half of 2023, leading to increased electricity demand due to extreme heat while hydropower plants struggled to produce enough power.
EDL, which generates 95% of the countryâs electricity through hydropower, aims to provide electricity locally and export large amounts to the Electricity Generating Authority of Thailand (EGAT) to support Thailandâs power grid in the upcoming dry season of 2024. If the drought worsens, Laosâ hydropower plants might produce less electricity, reducing their export capability.
Authorities in Laos also mentioned that cryptocurrency mining operations havenât been able to repay their debts. In September 2021, Laos permitted six companies to explore trading and mining cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#CryptocurrencyNews #Blockchain #Bitcoin #CryptoNews #CryptoMining
Electricite du Laos (EDL) wonât provide electricity to cryptocurrency mining in the country anymore, according to local reports.
Electricite du Laos (EDL) has declared that it will stop providing electricity to cryptocurrency mining in Laos, as reported by local media.
The announcement came on August 24, with EDL explaining that Laos had a dry spell in the first half of 2023, leading to increased electricity demand due to extreme heat while hydropower plants struggled to produce enough power.
EDL, which generates 95% of the countryâs electricity through hydropower, aims to provide electricity locally and export large amounts to the Electricity Generating Authority of Thailand (EGAT) to support Thailandâs power grid in the upcoming dry season of 2024. If the drought worsens, Laosâ hydropower plants might produce less electricity, reducing their export capability.
Authorities in Laos also mentioned that cryptocurrency mining operations havenât been able to repay their debts. In September 2021, Laos permitted six companies to explore trading and mining cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Important:Â Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#CryptocurrencyNews #Blockchain #Bitcoin #CryptoNews #CryptoMining
đșđžâïž SOS partners with Bitmain for mining power! đŒđ Hosting contract inked for 6000 rigs till Aug 20, 2025. đđ Another 5000 SOS rigs in Texas hosting center. Fueling the mining force! âĄđ #SOSBitmainPartnership #CryptoMining đâïž #BitcoinWorld