Cryptocurrency miners have been trying to lower their costs since the advent of Bitcoin (BTC). Now, due to adverse cryptocurrency market conditions, this endeavor has become increasingly critical.
Consequently, some miners are now using solar energy to run their operations. For example, Reddit user “cadese” claims he is using solar panels to reduce costs significantly — stating:
Bitcoin mining is forcing me to go solar power. I just installed solar panels to run my miners during the day. …
Knowing the bitcoin exchange rate for 2019 will allow you to plan investments in cryptocurrency and extract maximum profit from them. What price for bitcoin can we expect in 2019? What do the experts say? What should an investor be looking at?
In December 2017, the cost of bitcoin went over the $20,000 mark, which made even those with no previous interest in cryptocurrency start to think about investing in it. …
Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows.
Data from Coin360 captured the moment panic hit for traders on Wednesday, BTC/USD going from $7,950 to $7,450 in just five minutes.
The reasons for the dip are yet to become clear, but the volatility upends the most recent period of flat performance for Bitcoin.
The move may have been preempted. As Cointelegraph reported, on Tuesday, BTC/USD saw rejection at $8,300 after attempting to push higher, temporarily returning to the $7Ks before a rebound.
Those gains have now firmly disappeared, Bitcoin marking a floor not seen since mid-May. …