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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Sin…

Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward.

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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Term…

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country.

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Bitcoin Mining Difficulty Drops by 6% In First Adjustment After Hal…

The Bitcoin network just fine-tuned a key parameter to coax back miners who quit after last week's halving hammered their profits.

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Bitcoin Loophole: Wanna Make $13K in 24 Hours? This Crypto Trading…

A bitcoin investment scheme claiming to help people make over $13,000 within 24 hours has recently gained more attention. Bitcoin Loophole claims to be an algorithmic crypto trading app that enables its members to make daily profits and become millionaires within 61 days. However, it is a scam associated with a different kind of investment.

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45 Older-Generation Bitcoin Miners Are Unprofitable After the Rewar…

On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s bitcoin exchange rates.

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Crypto.com Rolls Out Visa Card to 31 European Nations

Crypto.com said Friday it has begun shipping its crypto-to-fiat card, the MCO Visa, across the European Union.

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Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto

An Australian woman has been charged by New South Wales State Police for unlawfully exchanging millions of dollars-worth of cryptocurrency including bitcoin.

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Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving

Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining pools join the top mining pool contenders.

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Many Ether Whales Might Be Leaving for Bitcoin: Data

While ether’s (ETH) price has risen by nearly 50% this year, the number of addresses holding large amounts of the currency, popularly known as whales, has declined significantly. 

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First Mover: Dull Bitcoin Halving Salvaged by Satoshi Tribute in Bl…

Bitcoin's halving, the subject of amped-up buzz, hype and speculation since late 2019, proved anticlimactic on Monday as prices slid for a third straight day and the blockchain network slowed to a crawl.

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Hut 8 Mining Revenue Continues Decline in Q1

Hut 8 Mining, one of Canada’s largest mining operations, reported less-than-stellar first-quarter 2020 earnings Monday, the same day as the bitcoin halving.

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Bank of England Predicts Worst Economic Crash in 300 Years for UK

The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make out where the economy stands now,” one economist described.

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