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Marathon Digital Holdings reports an 11% increase in hash rate and 2% decrease in blocks won for August 2024, highlighting operational improvements and future goals. (Read More)
Bitcoin has lost more than 10% in the past two weeks as fear of a US recession, spot Bitcoin ETF outflows and the threat of miner capitulation grows.
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.
The Bitcoin network hashrate hit a new all-time high of 746 EH/s on September 3rd, showcasing improved security and fundamentals. This comes as Bitcoin prices decline, underscoring the disconnect between short-term pricing and long-term network health.
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.
Amid Hamster Kombat officially listing on exchanges such as Binance and HashKey, the HMSTR token has been plummeting.
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021.
The Hashgraph Association will explore digital asset use cases such as equity and real estate tokenization with stakeholders in Qatar.
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch.
Hedera shifts toward open-source decentralization, transferring its codebase to Linux Foundations Decentralized Trust for global collaboration.
In this current economic slowdown, workers are accepting low-quality jobs with unspecified duty hours and at low pay rates. While challenging economic conditions are pushing people into informal employment, declining job creation has stagnant employment opportunities. Slow economic growth combined with high unemployment and elevated inflation compelled people to look for ways to earn extra money online.
In the area of cryptocurrency, cloud mining motivated many to earn a steady income online from their homes. Cloud mining seems a promising avenue for individuals who want to improve their financial conditions. Anyone can create an extra income source by investing modestly and using an internet connection.
Because the market is filled with several cloud mining platforms, not everyone will offer the desired accessibility and reliability. One platform that stands out from the rest is TopHash. If you want easy access alongside an improved experience, continue reading the post for more valuable insights.
TopHash: An Ultimate Solution for Cryptocurrency Cloud Mining
TopHash is an advanced cloud mining platform and a leading hash rate provider that is increasingly becoming popular. TopHash is more than an ordinary provider of cloud mining. It offers cutting-edge technology along with diversified product packages, making it stand out from the rest.
Behind the success of TopHash cloud mining lies the expertise of professionals. They have profound experience in Bitcoin mining, blockchain technology, data security, etc. TopHash is an intuitive cloud mining platform designed to enable users to make passive income even with small investments.
Besides, TopHash is committed to improving its services while making significant changes that will revolutionize the cryptocurrency cloud mining industry. Furthermore, this cloud mining platform is secure and users don't have to think about safety measures. They can earn extra money while investing what they can afford.
TopHash aims to provide its users with the ultimate environment that guarantees a seamless experience in every aspect. That way, users can have the best experience when investing in crypto assets. The best part is, that users don't have to buy expensive hardware or require technical knowledge.
All it takes is a few clicks to get started with cryptocurrency mining. If you have been looking for a reliable cloud mining service that helps you earn extra cash, TopHash is your best bet. It is a trusted service provider that offers the best cloud mining solutions you can find elsewhere.
Benefits of Cryptocurrency Cloud Mining with TopHash
Users expect many things from a reliable cloud mining provider and TopHash is not an exception. So, keeping in mind the expectations of its users, TopHash offers them numerous benefits with crypto cloud mining. Below listed are a few popular ones that you should know.
1. Perfect Solution for Beginners
Cloud mining might seem a complex thing for many people. But TopHash has made things easy for most people, especially those who have ventured out more recently. Their unique program on cloud mining includes packages where users don't have to spend a fortune.
The Company's mining program uses the latest software and hardware to get the best outcome from cloud mining. That way, TopHash doesn't have to purchase them for their needs. So, you don't need to spend money buying space for certain items or bear the electricity costs.
People are more concerned about the start-up costs because of the sluggish economic condition and unemployment. They need something that helps generate a decent income with minimal investment.
2. You Don't Need Technical Experience
Gone are those days when you should know how to operate mining equipment. TopHash is dedicated to providing the best user experience, unlike other cloud mining services.
Most programs from TopHash rely on cloud-based technologies. Moreover, the experts ensure they are up and running 24/7. As such, you can focus on crypto mining while leaving the headache to TopHash. Their systems are always online.
3. You Can Mine Different Types of Cryptocurrencies
Through TopHash's cloud-based platform, you can mine Ethereum, Bitcoin, Litecoin, and many more. You don't have to sign up for different platforms to take part in several cryptocurrencies. You can access your favorite crypto on their secure platform.
TopHash Cloud Mining Plans
Here are the affordable plans offered by TopHash for everyone. Enjoy the perks of crypto cloud mining and the best services from TopHash.
Earn More Money with TopHash's Affiliate Program
Earn more money on TopHash through their affiliate program. Whenever someone uses your referral to sign up and make purchases, you will earn 4.5% as a commission.
Make sure to join the affiliate program on TopHash's official website. After receiving the referral link, share it with people you know. Withdraw commissions without any investment.
Earn Extra Cash with TopHash Today:
Do you want to start earning extra money? Get started with TopHash today and grow your crypto portfolio. Take a look at the affordable plans offered by TopHash. Register your account with TopHash now.
FAQs
1. Is TopHash Safe?
TopHash has certified professionals who have expertise in several areas from cryptocurrency security to blockchain technology. Their systems use EV SSL Encryption that prevents data theft. The servers are safe against DDoS threats.
2. Do I Need to Invest to Earn?
If you want to earn extra cash without investing money, join their affiliate program. The earnings will be limitless because you will make extra cash on others' purchases.
3. What is the minimum deposit and withdrawal amount?
$50 is the minimum amount set for both deposits and withdrawals.
In short, cloud mining is a good way to earn extra cash at home. For more details, click here: https://tophash.net
Company Contact: Oden Johnson--------------
Information Provided via Press Release
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Asset manager 21Shares has added Anchorage Digital Bank and BitGo as custodians for its spot crypto exchange-traded funds (ETFs) the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). According to a Sept. 12 statement, Anchorage Digital Bank and BitGo will now work alongside current custodian Coinbase to enhance 21Shares’ spot […]
The post 21Shares diversifies custodians to reduce ‘single-point failure risk’ in crypto ETFs appeared first on CryptoSlate.
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there.
The deal will see Emtechs CBDC solutions and its regulatory and compliance sandboxes integrated into Accentures offerings.
The ZKX shutdown highlights the importance of transparency and accountability in cryptocurrency projects.
According to data from CoinMarketCap, the price of Bitcoin (BTC) has taken a nosedive this week falling by 9.03% to trade below the $62,000 price mark. This negative price action brings the assets net gain over the last month to a mere 0.20%, indicating a period equally influenced by both buyers and sellers. As Bitcoin now attempts to find a support level, blockchain analytics platform CryptoQuant has revealed certain elating developments in the token mining space. Related Reading: Bitcoin Miner Capitulation Comes To An End Time To Buy BTC? Bitcoin Miners Hashrate 2% Away From Network ATH On Friday, CryptoQuant shared on X that the Bitcoin miner hashrate has been on the rise this last week, reaching as high as 604 exhashes/second (EH/S). According to the analytics team, this value represents a 6% gain from the lows on July 9 but remains 2% off the network’s current all-time high hashrate value. Cryptoquant report states that Bitcoin miners are currently enjoying a better pay condition compared to April as daily mining revenues have grown by over 50% since early July, thus reducing the need to offload their assets. This is proven evidently as daily Bitcoin miner outflows stayed between approximately 5000 – 10,000 BTC in July, showing a notable decrease from the range of 10,000 – 20,000 BTC seen in early March when Bitcoin reached the $70,000 price mark. Generally, the Bitcoin hashrate measures the total computational power used to mine and process transactions on the Bitcoin network. It is a crucial indicator of miners confidence in BTC, with an increase signaling belief in mining the token due to profitability from current or future prices. However, the ability of Bitcoin miners to sustain their recent performances despite the tokens recent dip could prove pivotal in initiating a market price rebound, especially as a sell-off by these miners could further drive down the tokens price. Nevertheless, a future decline in hashrate is a more likely scenario as miners profitability is largely depends on Bitcoins price in addition to network fees. Related Reading: Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price BTC Price Overview At the time of writing, Bitcoin trades at $61,387 with a loss of 5.05% in the last 24 hours. Meanwhile, the assets daily trading volume is barely up by 5.35% and is valued at $42.9 billion. Historical price data indicates BTC may currently be in the support zone, however, any further decline past this level could result in prices as low as $55,000 as seen in early July. Alternatively, if the crypto market eventually finds some stability in this zone, a return to the $70,000 price zone is on the cards. Featured image from Reuters, chart from Tradingview
Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from.
The Hong Kong Monetary Authority (HKMA) has introduced the Project Ensemble Sandbox, an initiative designed to test tokenization use cases across various asset classes and real-world financial applications, according to an Aug. 28 statement. The sandbox will explore and refine the use of tokenized money in interbank settlements and transactions involving tokenized assets. HKMA chief […]
The post Hong Kong’s Project Ensemble Sandbox explores future of tokenized finance appeared first on CryptoSlate.
HashKey Exchange, the first licensed retail virtual asset exchange registered in Hong Kong, announced its official launch today. Together with executives from the HKSAR government, top-tier banks, insurers, and Big 4 auditing firms, HashKey held the grand launch in Hong Kong. Strictly adhering to the SFC’s user registration and KYC requirements, the HashKey Exchange platform […]
The post Hong Kong’s first licensed crypto exchange HashKey is now live appeared first on CryptoNinjas.
Explore the importance of hashes in Web3, ensuring data integrity, security, and efficiency in blockchain technology. (Read More)
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