US access to Venezuelan oil could eventually lower Bitcoin mining costs, Bitfinex says
Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say.
Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say.
Original source
Read on CointelegraphRelated market context
CoinDesk 20 performance update: Ethereum (ETH) falls 1% as index trades lower
Cronos (CRO), down 1.4% from Thursday, was also an underperformer.
Why is Solana falling despite ETF inflows and booming activity?
Solana spot ETF AUM crossed $1 billion by month-end, following $115.3 million in net inflows in May, the best monthly figure of 20...
Canaan Inc increases Bitcoin holdings by 41 BTC to 1,867 BTC
Canaan Inc.'s growing Bitcoin reserves enhance its dual role as a mining hardware provider and crypto asset holder, diversifying i...
Retail Crypto Trading in Japan May Face Major Reset as Tax Cut Plan Advances in Lower House
Japan’s Lower House has advanced a bill that would bring crypto assets under the country’s financial instruments framework. The mo...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Japan's Lower House Passes Bill Moving Crypto Under Securities Law, Opening Path to ETFs and 20% Tax Rate
Japan's lower house passed a bill on Thursday that reclassifies cryptocurrencies as financial instruments under the country's secu...