Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked […]
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How Bitcoin miners’ woes might set stage for BTC price rebound
Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zoneBitcoin’s mining economy...
