Recently, J.P. Morgan released a research report that seems to be creating a favorable atmosphere for President Trump, a candidate supportive of cryptocurrencies, ahead of the elections. The report states that the combined hash rate of the 14 Bitcoin mining companies tracked by J.P. Morgan, which are listed in the United States, currently accounts for […]
Since September 1, 2024, when Russia officially passed a series of bills encouraging cryptocurrency mining and trading, the growth rate of the mining industry within Russia has been rapid. Igor Runets, the owner and CEO of Bitriver, stated that due to the legal advantages provided by Russia, the growth rate of domestic cryptocurrency mining has
The Growth Rate of Russia’s Mining Industry Has Surpassed That of the United States Read More »
Around 10:30 AM Eastern Time, the price of Bitcoin broke through $66,000 and climbed to $66,500 in the following hours, reaching its highest point since August 1st this year. Analysts believe this may be related to China’s fiscal stimulus policies and the upcoming U.S. election on November 5th. “Historical data suggests that October’s seasonal strength
Bitcoin Price Reaches $66,500, the Highest Level Since August 1 Read More »
KAS coin is undoubtedly the most prominent POW cryptocurrency of 2024, with KAS ASICs consistently topping the ASIC profitability charts. However, after reaching a peak of 0.2 cents on August 1, 2024, the KAS price has retraced to its current level of 0.13 cents, marking the lowest point since June. Yet, this period of price
While KAS Coin Awaits A Price Rebound, It’s Time for Home Miners to Take Action Read More »
Recently, Tether’s Chief Executive Officer Paolo Ardoino expressed his view that geopolitical issues around the world are becoming increasingly prominent, with tensions running high from Europe to the United States and beyond. Fear is driving many countries to buy large amounts of gold. Paolo Ardoino believes that for individual investors, investing in Bitcoin and gold
Paolo Ardoino：Bitcoin Can Resist the ‘Wrath of God’ Read More »
On October 2, 2024, the Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued revisions to the country’s value-added tax (VAT) regulations, announcing that cryptocurrency transfers and exchanges are exempt from VAT. The UAE has been committed to positioning itself as a more crypto-friendly jurisdiction for digital asset transactions and as a global
When the UAE Becomes the Most Crypto-Friendly Country, What’s the Best Miner in the UAE? Read More »
According to Bloomberg, the current Vice President of the United States and 2024 Democratic presidential candidate, Kamala Harris, announced her support for the development of cryptocurrency, marking her first clear stance on this issue. She stated that if elected, she will promote artificial intelligence and cryptocurrency. More than 50 million people in the United
On September 26, 2024, Bitcoin broke through the 65,000 mark. This is the first time since August 2 that Bitcoin has reached such a key level of 65,000 USD. The price fluctuation has triggered a total of 138 million USD in contract liquidations across the entire cryptocurrency market, among which the short position liquidation of
After 8 Weeks, BTC Finally Breaks Through the Key $65,000 Level! Read More »
As the current BTC price continues to slump, many large-scale mining operations, after a long period of unprofitability, choose to sell mining machines that are not making money. These resold machines have sparked tremendous interest among miners worldwide. The reason these mining machines are being sold is not because the machines themselves are faulty, but
As manufacturers continuously introduce better new mining machines, and as the mining industry pursues more powerful new equipment, why do many BTC miners still prefer second-hand mining machines? When the price of Bitcoin is high, even machines with high energy efficiency ratios can generally create positive returns, and people do not need to shut down
Why Do Some Miners Prefer Second-hand Mining Machines? Read More »
At BITMARS, we value each client who has come to us, we listen and care what they think. At BITMARS, we never see ourselves as simply a “seller” for miners, we are dedicated to becoming a leading mining solution provider who can bring and create values for our customers’ mining journey.
