The country's finance minister said the launch could be postponed to as late as September, according to Reuters.El Salvador has postponed its planned $1 billion bitcoin bond offering due to unfavorable market conditions, Finance Minister Alejandro Zelaya said on Tuesday on Salvadoran TV show "Frente a Frente."It had initially been scheduled to launch between March 15-20 but the Russia-Ukraine war and its impact on the price of bitcoin caused the government to change the date, according t...

The country's finance minister said the launch could be postponed to as late as September, according to Reuters.El Salvador has postponed its planned $1 billion bitcoin bond offering due to unfavorable market conditions, Finance Minister Alejandro Zelaya said on Tuesday on Salvadoran TV show "Frente a Frente."It had initially been scheduled to launch between March 15-20 but the Russia-Ukraine war and its impact on the price of bitcoin caused the government to change the date, according t...

Amendments sought by the crypto industry were not accommodated, and the policies will go into effect on April 1. Indians will begin paying a capital gains tax of 30% on crypto transactions in just one week after the nation’s Parliament passed a controversial tax proposal on Friday, sparking uproar and disappointment among the country's crypto industry. In addition to the capital gains tax, Indians transacting with crypto will also have to pay a 1% tax deducted at source (TDS), and taxes ...

Amendments sought by the crypto industry were not accommodated, and the policies will go into effect on April 1. Indians will begin paying a capital gains tax of 30% on crypto transactions in just one week after the nation’s Parliament passed a controversial tax proposal on Friday, sparking uproar and disappointment among the country's crypto industry. In addition to the capital gains tax, Indians transacting with crypto will also have to pay a 1% tax deducted at source (TDS), and taxes ...

Anonymity – this word plunges many into fear. Fear of the unknown and fear of ever having to leave your comfort zone. However, some have overcome all this. One international team of experienced risk managers, programmers and quants has decided to make a loud statement about their developments in automatic high-frequency trading algorithms (HFTA). The Mechanics of the Future team has created an anonymous Insider Protocol ecosystem built on an improved version of MimbleWimble technology.What is...

Anonymity – this word plunges many into fear. Fear of the unknown and fear of ever having to leave your comfort zone. However, some have overcome all this. One international team of experienced risk managers, programmers and quants has decided to make a loud statement about their developments in automatic high-frequency trading algorithms (HFTA). The Mechanics of the Future team has created an anonymous Insider Protocol ecosystem built on an improved version of MimbleWimble technology.What is...

The decrease is likely a result of miners unplugging their machines due to high energy costs, said Compass Mining CEO Whitt Gibbs.The difficulty of mining a bitcoin (BTC) block dropped 0.35% on Thursday, the second time this month, after a consistent climb since November.On March 3, mining difficulty dropped 1.5%, data from information platform Glassnode shows.The difficulty adjusts automatically relative to the computing power on the network, also known as the hashrate, to keep the time betw...

The decrease is likely a result of miners unplugging their machines due to high energy costs, said Compass Mining CEO Whitt Gibbs.The difficulty of mining a bitcoin (BTC) block dropped 0.35% on Thursday, the second time this month, after a consistent climb since November.On March 3, mining difficulty dropped 1.5%, data from information platform Glassnode shows.The difficulty adjusts automatically relative to the computing power on the network, also known as the hashrate, to keep the time betw...

The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000.Good morning. Here’s what’s happening: Prices: Bitcoin holds over $41,000, despite a slight weekend drop; ether and most other major cryptos follow a similar pattern. Insights: The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to re...

The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000.Good morning. Here’s what’s happening: Prices: Bitcoin holds over $41,000, despite a slight weekend drop; ether and most other major cryptos follow a similar pattern. Insights: The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to re...

As it decarbonizes, the mining industry might help push energy producers to build more renewable power sources.Eliza Gkritsi, Sandali Handagama Mar 26, 2022 at 11:51 p.m. Updated Mar 27, 2022 at 12:43 a.m. Layer 2 UP Around 15,000 cryptocurrency mining rigs are humming away at HIVE Blockchain’s 30 megawatt (MW) data center in Boden, Sweden. But not all the time. Sometimes, the facility powers down to help the local grid. The data center, drawing cheap energy from local hydropower producers, a...

As it decarbonizes, the mining industry might help push energy producers to build more renewable power sources.Eliza Gkritsi, Sandali Handagama Mar 26, 2022 at 11:51 p.m. Updated Mar 27, 2022 at 12:43 a.m. Layer 2 UP Around 15,000 cryptocurrency mining rigs are humming away at HIVE Blockchain’s 30 megawatt (MW) data center in Boden, Sweden. But not all the time. Sometimes, the facility powers down to help the local grid. The data center, drawing cheap energy from local hydropower producers, a...

A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved.Will Gottsegen Mar 19, 2022 at 5:38 a.m. Updated Mar 19, 2022 at 6:19 a.m. Layer 2 Yuga Labs claims zero responsibility for ApeCoin – it’s just taking a significant chunk of the profits. (The British Library, modified by CoinDesk) Earlier this week, it was announced members of the Bored Ape Yacht Club NFT collection w...

A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved.Will Gottsegen Mar 19, 2022 at 5:38 a.m. Updated Mar 19, 2022 at 6:19 a.m. Layer 2 Yuga Labs claims zero responsibility for ApeCoin – it’s just taking a significant chunk of the profits. (The British Library, modified by CoinDesk) Earlier this week, it was announced members of the Bored Ape Yacht Club NFT collection w...

A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved.Will Gottsegen Mar 19, 2022 at 5:38 a.m. Updated Mar 19, 2022 at 6:19 a.m. Layer 2 Yuga Labs claims zero responsibility for ApeCoin – it’s just taking a significant chunk of the profits. (The British Library, modified by CoinDesk) Earlier this week, it was announced members of the Bored Ape Yacht Club NFT collection w...

A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved.Will Gottsegen Mar 19, 2022 at 5:38 a.m. Updated Mar 19, 2022 at 6:19 a.m. Layer 2 Yuga Labs claims zero responsibility for ApeCoin – it’s just taking a significant chunk of the profits. (The British Library, modified by CoinDesk) Earlier this week, it was announced members of the Bored Ape Yacht Club NFT collection w...

To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.Access to capital is the backbone of any industry, not least of all for cryptocurrency-linked companies that are relatively young and in a hyper-growth mode. For digital asset miners, the need for capital is more pronounced because these companies require a large amount of funding for infrastructure and equipment t...

To finance mining rigs in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale.Access to capital is the backbone of any industry, not least of all for cryptocurrency-linked companies that are relatively young and in a hyper-growth mode. For digital asset miners, the need for capital is more pronounced because these companies require a large amount of funding for infrastructure and equipment t...

A survey of economists had expected the country, with its soaring economy, to leave the rate unchanged; avalanche and solana, among others were well into the green.Good morning. Here’s what’s happening: Prices: Bitcoin held steady above $40,000 as several altcoins surged. Insights: Taiwan surprises with interest rate hike. Technician's take: BTC's price range could persist, although there is less chance of another major sell-off. Catch the latest episodes of CoinDesk TV for insightf...

A survey of economists had expected the country, with its soaring economy, to leave the rate unchanged; avalanche and solana, among others were well into the green.Good morning. Here’s what’s happening: Prices: Bitcoin held steady above $40,000 as several altcoins surged. Insights: Taiwan surprises with interest rate hike. Technician's take: BTC's price range could persist, although there is less chance of another major sell-off. Catch the latest episodes of CoinDesk TV for insightf...

Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study. This piece is part of CoinDesk's Mining Week.PLATTSBURGH, N.Y. – In a rundown strip mall, behind a Family Dollar store and a plastic recycling facility, tens of thousands of specialized computers packed into shipping containers mine bitcoin 24-7. Unless they were looking for it, visitors to Skyway Plaza might not even notice the ...

Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study. This piece is part of CoinDesk's Mining Week.PLATTSBURGH, N.Y. – In a rundown strip mall, behind a Family Dollar store and a plastic recycling facility, tens of thousands of specialized computers packed into shipping containers mine bitcoin 24-7. Unless they were looking for it, visitors to Skyway Plaza might not even notice the ...

Here are some of the innovative and sometimes hilarious functions bitcoin miners have found for their rigs.Jeff Wilser Mar 25, 2022 at 3:25 a.m. Layer 2 UP Close your eyes and visualize bitcoin mining. Maybe you see nothing, as the very concept of “bitcoin mining” can seem abstract and fuzzy. Maybe you see a warehouse stuffed with racks of ugly machines. (Warmer.) Or maybe your imagination summons a team of digital trolls who go “mining,” virtual pickaxes in hand, whistling while they work, t...

Here are some of the innovative and sometimes hilarious functions bitcoin miners have found for their rigs.Jeff Wilser Mar 25, 2022 at 3:25 a.m. Layer 2 UP Close your eyes and visualize bitcoin mining. Maybe you see nothing, as the very concept of “bitcoin mining” can seem abstract and fuzzy. Maybe you see a warehouse stuffed with racks of ugly machines. (Warmer.) Or maybe your imagination summons a team of digital trolls who go “mining,” virtual pickaxes in hand, whistling while they work, t...