Bit Digital, a company formerly primarily engaged in Bitcoin mining, is positioning itself for a big-picture Ethereum (ETH) staking pivot. This is a bold step that opens up significant promise as well as danger particularly during a time of contradictory signals from the markets. This article analyzes the company's strategic...
Bit Digital, once known for its role as a Bitcoin mining company, is undergoing a major strategic transformation. This week, the company made its withdrawal from Bitcoin mining official, announcing its pivot towards Ethereum staking. With this move, the debate shifts to whether that was a strategic masterstroke or a...
Even newer to the market, the Ledger Nano S has been an extremely popular entry point for many into the world of cryptocurrency hardware wallets. Its combination of affordability and ease of use made it the default choice among those looking to secure their digital assets. With Ledger's announcement that...
Litecoin (LTC) has been the underdog in the crypto space for more than ten years. Born as an alternative to Bitcoin, it sought to address some of Bitcoin’s shortcomings, including transaction speed. The crypto landscape today is a far cry from when Litecoin was created. In this post we will...
Cryptocurrency moves at the speed of light. As it matures, we need to bring the same sophistication to the tools we use to defend our networks and protect our digital resources. For some, the Ledger Nano S has been a reliable partner on this path. With frequent tech upgrades and...
Cryptocurrency advocates have been making a lot of noise about a new trend in Bitcoin mining. Recent data indicates that BTC.com, a major mining pool, is directing a staggering 98% of its miner transfers to Binance. This concentration of Bitcoin flow presents some broader strategic implications for the market. It...
Bit Digital, a New York-based crypto mining firm, is rattling the digital currency ecosystem. They’re doing this in a big way, though, by completely shifting their business model from Bitcoin mining to Ethereum staking and treasury management. This strategic pivot raises important questions about the associated risks and rewards. The...
D'CENT Wallet is not just sitting back. It's actively shaping the Web3 landscape. It proves this point with its “Tap That Drop” campaign, now in its third cycle. This smart contract academy exposes users to the thrilling universe of dApps and crypto assets. From explorers to collectors, participants will experience...
Bitcoin mining—the process that keeps the Bitcoin network running—has gone from massively profitable to barely profitable. LeeChiaJian, a keen observer of the crypto landscape, investigates the recent dramatic drop in Bitcoin miner revenue and explores the long-term sustainability of mining operations under the current conditions. This example analysis provides significant...
Bitcoin's hashrate, a key indicator of the network's security and mining activity, has seen some dramatic swings recently. Geopolitical events, environmental issues, technological changes, and potential errors in reporting contribute to the volatility. Together, their engagement forms a daunting terrain that can lead to discouragement. To navigate this reality, or...
