Bitcoin | ForkLog

ForkLog 10 14.07.2021

Briton who lost 7,500 BTC will use artificial intelligence in landfill search

A resident of Newport, England, James Howells, who accidentally discarded a hard drive containing 7,500 BTC in 2013, says he intends to search for it using X-ray scanning equipment and artificial intelligence.

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ForkLog 10 13.07.2021

Compute North to lift Bitcoin-mining data-centre capacity to 1.2 GW

Compute North announced plans to expand supported data-centre capacity to 1.2 GW. The Block reports.

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ForkLog 9 13.07.2021

Lightning Network capacity up 70% since the start of the year

Lightning Network micropayments capacity has grown by 70% since the start of the year.

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ForkLog 10 13.07.2021

Glassnode analysts report a drop in miner activity amid shrinking exchange balances

Balances of exchange wallets continue to decline for the third week in a row as miners’ net position moves into accumulation. Glassnode analysts concluded as much. The shift from distribution to holding coins has become characteristic for other categories of participants in the crypto market as well. As volatility squeezes out of the Bitcoin market, it is starting to feel like the calm before the storm. This week we analyse a range of metrics seeking bull/bear triggers for — Miners — Exchanges — Derivatives — Investors. Read more in The Week On-chain https://t.co/HHjjHethbY

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ForkLog 19 13.07.2021

Google Trends: Interest in Bitcoin Falls to November 2020 Levels

The number of searches for the word 'Bitcoin' fell to mid-November levels of last year.

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ForkLog 7 12.07.2021

JPMorgan questions Bitcoin’s use as a payments instrument in El Salvador

JPMorgan analysts cited low liquidity, Bitcoin volatility, and the risk of converting into the U.S. dollar as the main constraints on using digital gold in El Salvador. Bloomberg reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 12.07.2021

American firm Lincoln Avenue Capital invests $33.5 million in Bitcoin

An American investment company focused on affordable housing, Lincoln Avenue Capital, acquired 1,000 BTC at an average price of $33,525.

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ForkLog 9 12.07.2021

Mike Novogratz: Asia is selling Bitcoin, while the US is buying

Galaxy Digital founder Mike Novogratz, in CNBC's commentary, said that the American cryptocurrency community has taken a leading position in a bear market whose origins lie in Asia.

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ForkLog 10 09.07.2021

Meitu posts $2.6m loss on cryptocurrency investments

Meitu, the Hong Kong-listed photo-editing software maker, posted a $2.6 million loss for the second quarter from the negative revaluation of its cryptocurrency holdings.

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ForkLog 12 09.07.2021

Steve Wozniak calls Bitcoin a mathematical marvel

Bitcoin surpasses gold, as the resource of precious metal is limited and its extraction is difficult, said Apple cofounder Steve Wozniak at Talent Land Digital 2021.

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ForkLog 11 09.07.2021

Bank of Russia says major economies will not legalise Bitcoin

Major economies will not legalise Bitcoin, as this would pose risks to financial stability. This was stated by the deputy chairman of the Bank of Russia, Alexei Zabotkin.

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ForkLog 8 09.07.2021

Owners of 120-year-old hydroelectric plant boost profits through Bitcoin mining

Located in Mechanicville, New York, Albany Engineering Corp (AEC)'s hydroelectric plant yields Bitcoin mining profits three times higher than revenue from selling energy, according to the Times Union.

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