Mining

Shares of Bitcoin mining companies surged by 24.4% on the back of the Bitcoin price rally past the $70,000 mark as well as the diversification of miners into the AI sector.

Bitcoin Mining Stocks Rise Because AI and Economic Situation

<img src="https://static.bittime.com/cms-static/upload/Bitcoin_Mining_6d1500a3e2.webp" alt="Bitcoin Mining" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?cn=400001">Bittime</a> -&nbsp;Shares of Bitcoin mining companies surged by 24.4% on October 28, 2024, driven by the rally&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC-IDR?cn=400001">Bitcoin price</a> which passed the $70,000 mark.&nbsp;Analysts cite increasingly supportive global economic conditions and the diversification of miners into the AI ​​sector as the main factors driving this surge in Bitcoin mining shares.&nbsp;<figure class="image"><a href="https://www.bittime.com/register?cn=400001" target="_blank" rel="noopener noreferrer"><img style="aspect-ratio:601/301;" src="https://static.bittime.com/cms-static/upload/join_registrasi_lucky_draw_2a7ca2565e.webp" alt="join registrasi lucky draw.webp" width="601" height="301"></a></figure><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Bitcoin Mining Stocks Rise Supported Macroeconomic Factors</h2>Mitchell Askew, chief analyst at Blockware, emphasized that economic instability, including increased global liquidity and inflation concerns, has driven investors towards assets like Bitcoin.According to Askew, spending deficits and low interest rates are contributing to increased global liquidity, while the poor performance of government bonds indicates long-term inflation concerns.&nbsp;After interest rates were lowered in September, investors started looking for alternatives, one of which was the Bitcoin market. And Bitcoin mining is now considered more responsive to market fluctuations.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/pendapatan-mining-bitcoin-stabil">Bitcoin Mining Income Stable, Miner Shares Potential to Rebound</a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Diversifying into the AI Sector, Bitcoin Mining Stocks Rise</h2><img src="https://static.bittime.com/cms-static/upload/Saham_Mining_Bitcoin_b5b630011c.webp" alt="Saham Mining Bitcoin " width="929" height="600">Source: tradingview.comApart from relying on Bitcoin mining activities, some mining companies are also expanding their business into the AI and high-performance computing sectors.&nbsp;From the image above, it can be seen that some Bitcoin mining companies have seen their shares rise.This increase in share price shows that these Bitcoin mining companies are benefiting from stable market conditions and high investor interest.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Selling Pressure Decreases, Bitcoin Mining Stocks Rise</h2>According to Askew, miners who experienced losses since the Bitcoin halving last April have withdrawn from the market. Those who are unable to compete end up dropping out of the market, which lowers the pressure to&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/BTC-IDR?cn=400001">sell Bitcoins</a> so that Bitcoin prices are more stable.&nbsp;Askew also added that Bitcoin mining difficulty is predicted to increase for the third time, which indicates that the surviving Bitcoin mining companies are now in better condition.<a target="_blank" rel="noopener noreferrer" href="https://support.bittime.com/hc/id/articles/10949596921487-Waktunya-Cuan-Seru-Auto-Earn-20-APY-untuk-Koin-Hype-di-Bittime"><img src="https://static.bittime.com/cms-static/upload/OPS_Auto_Earn_2648e95eef.webp" alt="OPS - Auto Earn.webp" width="600" height="338"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">State Participation in Bitcoin Mining &nbsp;</h2>Several countries such as Argentina, the United Arab Emirates and Ethiopia are now using state-owned resources to mine Bitcoin. This shows the interest of several countries in exploiting the economic benefits of Bitcoin mining.&nbsp;Additionally, VanEck's Mitchell Sigel highlighted that several BRICS member countries plan to use Bitcoin in international trade as a way to avoid dependence on the US dollar.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/marathon-digital-tandai-setiap-blok-bitcoin-dengan-made-in-usa">Marathon Digital Marks Every Bitcoin Block “Made in USA”</a><h2 style="line-height:1.7999999999999998;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto di Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Cara_Beli_NEW_e4ecd75e9d.webp" alt="Cara Beli NEW.webp" width="753" height="301"></a>Want to trade sell<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id"> buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr"> BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr"> ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr"> SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

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Bitcoin Mining.webp

Analyst: Bitcoin Mining Stocks Rise 24% Because AI and Economic Situation

Bitcoin mining revenues plummeted after the Bitcoin halving, but have started to stabilize and are expected to rebound. Read this article to find out more!

Bitcoin Mining Revenue Stable, Potential to Rebound

<img src="https://static.bittime.com/cms-static/upload/Bitcoin_Mining_Revenue_d954d48831.webp" alt="Bitcoin Mining Revenue" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Matrixport shows how income from&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/BTC-IDR?content_id=news&amp;cn=400001">Bitcoin mining</a> dropped drastically after Bitcoin halving in April 2024.Even so, shares of Bitcoin mining companies are showing quite stable performance and are expected to experience a rebound soon. Read this article to find out more!<a target="_blank" rel="noopener noreferrer" href="https://support.bittime.com/hc/id/articles/10813570229391--Memecoin-Civil-War-Team-HMSTR-vs-Team-CATI-Menangkan-Total-Hadiah-50-Juta-Rupiah"><img src="https://static.bittime.com/cms-static/upload/hmstr_vs_cati_010a69d12b.webp" alt="hmstr vs cati.webp" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Impact of Bitcoin Halving on Bitcoin Mining Revenue&nbsp;</h2><img src="https://static.bittime.com/cms-static/upload/Pendapatan_Mining_Bitcoin_a56aae68f4.webp" alt="Pendapatan Mining Bitcoin" width="810" height="408">Source: x.com/matrixportIn April 2024, the fourth Bitcoin halving, reducing the rewards of 6,25 BTC become 3,125 BTC per block. As a result, daily income from Bitcoin mining has decreased significantly.Before the Bitcoin halving, daily mining income was quite large, namely around $70 million. After the halving, it fell drastically to $31 million.&nbsp;Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/performa-bitcoin-di-q3-melemah-tetap-jadi-aset-terbaik">Bitcoin Performance in Q3 Weakened, Still the Best Asset in 2024?</a>&nbsp;&nbsp;<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Strategies for Dealing with Bitcoin Mining Revenue Drops</h2>Even though daily income from Bitcoin mining has decreased sharply, shares of Bitcoin mining companies have shown relatively stable performance.&nbsp;One of the key strategies implemented by many Bitcoin mining companies is to hold most of the Bitcoins they mine, instead of selling them directly on exchanges.&nbsp;This aims to reduce selling pressure in the market, while taking advantage of the potential for long-term&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC-IDR?content_id=news&amp;cn=400001">Bitcoin price</a> increases. By holding Bitcoin, these companies can earn greater profits when the price of Bitcoin rises, even though they have to bear the risk of price volatility.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Bitcoin Miner Stocks Have the Potential to Rebound</h2>With Bitcoin mining revenues starting to show signs of stabilization, Matrixport estimates that shares of Bitcoin mining companies have the potential to rebound in the near future.&nbsp;Although the decline in revenue due to the Bitcoin halving is significant, many analysts believe that the Bitcoin mining market has bottomed out and will now start to recover.If the price of Bitcoin rises again, then the shares of miners holding large amounts of mined Bitcoin will likely experience a significant spike in value.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/harga-bitcoin-diprediksi-raih-ath-baru">Bitcoin Price Predicted to Reach New ATH Later This Year</a>&nbsp;&nbsp;<h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>Want to trade, sell and&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://play.google.com/store/apps/details?id=com.bittime.currency.exchange&amp;hl=id">buy Bitcoins</a> and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!Check the exchange rate<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/btc-to-idr">&nbsp;BTC to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/eth-to-idr">&nbsp;ETH to IDR</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/converter/sol-to-idr">&nbsp;SOL to IDR</a> and other crypto assets to find out today's crypto market trends in real-time on Bittime.

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Bitcoin Mining Revenue.webp

Bitcoin Mining Revenue Stable, Miner Stocks Potential to Rebound

Kinto will allocate 2% of the total supply as mining rewards before September 18, 2024.  

Kinto Mining Rewards

<img src="https://static.bittime.com/cms-static/upload/Kinto_Mining_Rewards_2be2913b59.webp" alt="Kinto Mining Rewards" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;AndLight Layer 2 Kinto announced that it will allocate 2% of the total supply as mining rewards before September 18 2024. Read this article to find out the full news!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Kinto: Layer 2 that Focuses on Stability</h2>Kinto is a Layer 2 network focused on improving the scalability and efficiency of transactions on the blockchain. The network offers solutions that enable faster transactions and lower fees compared to traditional on-chain transactions.&nbsp;With a focus on decentralization, Kinto aims to build an open and secure financial system, accessible to anyone. Allocating 2% of the token supply as mining rewards is part of a strategy to encourage user participation and strengthen the network.Also Read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/mining-ore-solana-aktif-kembali-dengan-pasokan-terbatas">ORE Solana Reactivates Mining Activities with a Limited Supply of 21 Million Tokens</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Most Mining Rewards Allocation</h2>Kinto will allocate 2% of the token supply as mining rewards over the next 90 day period, ending on September 18, 2024. This amount is considered the highest in Kinto's history and it is believed there will never be another reward allocation of this size.This not only attracts the attention of miners, but also investors and crypto enthusiasts who see a great opportunity in earning these substantial rewards. This high reward allocation is expected to encourage activity on the Kinto network and attract more users to join and participate in the Kinto ecosystem.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Mining Rewards: Opportunity for a Surge in Activity at Kinto</h2>This announcement has created a buzz among the crypto community, especially among those already familiar with Layer 2 networks and their benefits.&nbsp;Through these mining rewards, it is estimated that there will be a surge in activity on the Kinto network, which can increase the value and utility of the Kinto token itself.By providing significant incentives to miners, Kinto hopes to expand the reach and adoption of their network worldwide.Also Read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/rusia-legalkan-mining-bitcoin">Russia Legalizes Bitcoin Mining and International Trading Using Crypto&nbsp;</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SUN)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Kinto Mining Rewards.webp

Kinto Allocates 2% of Token Supply for Mining Rewards Before September 18

Solana Ecosystem reactivated the ORE mining program with a very limited supply of 21 million.

Mining ORE Solana Reactivates with Limited Supply

<img src="https://static.bittime.com/cms-static/upload/Mining_ORE_Solana_Reactivates_bc37834420.webp" alt="Mining ORE Solana" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;The Solana ecosystem announced that the ORE ecological mining project has officially reactivated mining activities. ORE is one of the crypto assets with a very limited supply because the total number of ORE that will exist on the market will never exceed 21 million.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">Mining Project ORE in the Solana Ecosystem</h2>ORE is one of the mining projects in the <a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/trade/SOL-IDR?content_id=news&amp;cn=400001">Solana</a> ecosystem, a blockchain known for its high transaction speed and scalability. The project has attracted attention because it has maintained a limited supply of its tokens.&nbsp;With only 21 million OREs available, token scarcity is expected to increase the value of OREs over time. The reactivation of ORE mining activities also indicates that the total number of OREs will remain limited to 21 million. The more people mining now, the fewer OREs will be available in the future.&nbsp;&nbsp;Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/batas-total-mining-ore">Ore Sets Total Mining Limit of 21 Million ORE Tokens to Prevent Inflation!</a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">ORE Mining is Active Again</h2>For those of you who are interested in starting ORE mining activities, it is important to understand the technical and hardware requirements needed. Mining crypto, including ORE, usually requires powerful hardware and a stable internet connection.&nbsp;However, specific details on how to start ORE mining and the tools required have not been disclosed. To stay updated with Solana's ORE mining program, you can follow ORE's official website and social media.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">Limited ORE Token Supply</h2>The limited supply of ORE tokens is a very important aspect that miners and investors need to consider. In the crypto world, scarcity can often increase an asset's value, especially if there is strong demand.&nbsp;With only 21 million OREs to be available, the project positions itself as a potentially scarce asset, similar to Bitcoin which also has a fixed supply limit.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/jaringan-layer-2-kinto-beri-mining-reward">Kinto Layer 2 Network Gives Mining Reward, 2% of Token Supply!</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SUN)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Mining ORE Solana Reactivates.webp

ORE Solana Reactivates Mining Activity with Limited Supply of 21 Million Tokens

This article will discuss Bitcoin mining, starting from the meaning, how it works, and what is needed. Read until the end of the article.

What is Mining Bitcoin and How Does It Work?

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mining bitcoin adalah - bittime (1).webp

Riot Platforms announced that it dropped its proposal to acquire Bitfarms after more than a year of negotiations. Read the news!

Riot Platforms Cancels Acquire Bitfarms

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Riot Platforms Cancels Acquire Bitfarms.png

 Bitcoin mining company Riot Platforms announced that it is dropping its acquisition proposal Bitfarms. This announcement comes after more than a year of efforts by Riot to reach good negotiations with Bitfarms.

Initially, Riot Platforms submitted a proposal to acquire Bitfarms at $2.30 per share. However, this offer was rejected by the board of directors Bitfarms. To apply further pressure, Riot continued to buy shares Bitfarms until they became the largest shareholders with ownership of 14.9% of the company.

Strategy for Reshuffling the Board of Directors

Riot Platforms announced its plans to replace members of its board of directors Bitfarms, including interim Chairman and CEO Nicolas Bonta, as well as director Andrés Finkielsztain. They put forward three new candidates, namely John Delaney, Amy Freedman, and Ralph Goehring. Riot also requested a special meeting be held to remove existing board members and replace them with their proposed candidates.

The main challenge facing Riot is the "poison pill" plan implemented by Bitfarms. This plan is designed to prevent acquisitions by diluting the shares held by parties seeking to take over the company. 

However, Riot remains committed to continuing their acquisition efforts, believing that the merger of the two companies will create the largest Bitcoin mining company listed on a public exchange.

This announcement had a negative impact on the share prices of both companies. Bitfarms shares fell more than 6% after the news, although they remained trading above the $2.30 per share buyout offer. 

This shows that traders are still looking Bitfarms as a potential acquisition target. On the other hand, Riot shares also fell slightly as Bitcoin prices fell by 3% in the last 24 hours.

Riot Platforms believes that with a shake-up of the board of directors Bitfarms, they can achieve more constructive negotiations and ultimately succeed in their acquisition efforts. If successful, the merger is expected to create the world's largest Bitcoin mining company that is strongly positioned for long-term growth.

You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) price and other cryptos to find out today's crypto market trends in real-time on Bittime.

Bitcoin Mining Company, Riot Platforms, Cancels Acquire Bitfarms!

Ton Boost allows users to earn TON tokens by completing the missions and tasks provided. Come on, take a look at this article in full.

What's that Ton Boost?: Profitable and Fun Mining Game

Apa itu Ton Boost Game Mining yang Menguntungkan dan Menyenangkan.png

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Apa itu Ton Boost Game Mining yang Menguntungkan dan Menyenangkan (1).png

 - Ton Boost minpresent new innovations in the world of cryptocurrency mining by offering experience game mining TON that is easy to access, fun, and profitable. 

Available on the Telegram platform, Ton Boost allows users to earn TON tokens by completing the missions and tasks provided. Come on, take a look at this article in full.

Ton Boost is a TON mining game that allows users to earn TON tokens by completing missions and tasks. This game is available on Telegram and can be played by anyone with a Telegram account.

To play Ton Boost, you just need to follow the following steps:

Ton Boost has several advantages compared to other TON mining games, including:

There are several ways to get more TON tokens in Ton Boost, including:

Ton Boost is a TON mining game that is easy to play, fun and profitable. If you want to earn TON tokens in an easy and fun way, Ton Boost is the right choice for you.

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. 

Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. 

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

 and other cryptos to find out today's crypto market trends in real-time on Bittime.

Ore, Solana-based mining project has announced it will set a total cap of 21 million ORE tokens, with all tokens expected to be mined by 2064. 

Ore Mining Limit

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Ore Limit Mining.png

 Ore, Solana-based mining project has announced it will set a total cap of 21 million ORE tokens, with all tokens expected to be mined by 2064. 

Hardhat Chad, the creator of this Solana on-chain mining project, revealed that version 2 (v2) of ORE contracts will introduce such supply limits to increase protection against inflation.

The Ore project was initially launched to test the concept of “Proof of Work on Proof of Stake” (PoW on PoS) and create a fairly launched token that can be mined by everyone. 

This idea arose from the desire to create peer-to-peer electronic assets that could be used by anyone, without excessive centralization or control. In the first version (v1), there was no fixed limit on the token supply, which raised concerns regarding future inflation.

With feedback from the community, the second version (v2) of the ORE contract will introduce supply limits to address these concerns. However, the supply function of ORE remains unchanged in v2, with a stable mining rate of 1 ORE per minute. This means that all tokens are expected to be mined until 2064, providing a long period of stabilization and adoption by the user community.

Advantages of Solana as a Payment Network

One of the underlying aspects of the Ore project is the utilization of Solana's high-speed payment network. Solana is known for its high transaction speed and low fees, making it an ideal choice for peer-to-peer electronic asset implementation. 

By leveraging these advantages, Ore aims to realize the original dream of cryptocurrency as an efficient and decentralized means of electronic payment.

The Ore v2 project is currently in the final stages of auditing, and the client software is also being prepared for release. 

This audit process is very important to ensure that all technical aspects of the new contract are secure and free from vulnerabilities that could be exploited by irresponsible parties. 

Once the audit is complete and the client software is released, it is expected that there will be increased adoption and use of ORE tokens within the Solana ecosystem.

Smeanwhile, pOre's project has received significant recognition in the crypto community. Recently, Ore was announced as the top winner in the Solana Renaissance Hackathon by Colosseum. 

This award highlights the project's innovation and potential in bringing new concepts and effective solutions to the crypto world.

Ore Potential: The Most Popular Mining Project on Solana

With a set supply limit and support from the community, the Ore project has great potential to become one of the leading mining projects in the Solana ecosystem. 

The supply cap of 21 million tokens ensures that ORE tokens will have a more stable value and be resistant to inflation, making them more attractive to investors and users.

Additionally, with Solana continuing to grow as one of the leading blockchain networks, the Ore project will also benefit from infrastructure improvements and wider adoption. 

Solana's speed and efficiency as a payments network provides a strong foundation for Ore to grow and expand.

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