7 Largest U S Crypto Mining Firms Use Enough Electricity To Power Houston Congress Finds

The investigation by Democrats revealed that seven leading mining firms across the country are utilizing 1,045 megawatts of electricity, sufficient to power a city the size of Houston, Texas, with 2.3 million residents, The New York Times reported on July 15. Energy consumption by the firms is likely to increase after a majority noted that they intend to add more mining rigs in the coming years. For instance, Marathon Digital Holdings operated about 33,000 rigs as of February and plans to hit 199,000 rigs in two years....

December 20, 2022 · 2 min · 315 words · Sharon Mendoza

Active Directory Search Limit

As the Active Directory organization grows, you might need to change the number of objects to search. There are generally three ways that this can be accomplished: a group policy object, the Microsoft Management Console (MMC) that you are using, or directly modifying the registry. The difference among the three is that with a group policy object linked to an organizational unit, all of the user objects within the OU, or users within a child OU will be configured to use the setting....

December 20, 2022 · 2 min · 351 words · Robert Hernandez

Alphabet Inc Googl Bulls Eyeing 1 161 Despite Slump Finbold

To show a descriptive representation of the fundamental prospect of GOOGL, let us turn our focus to its financial performance. Positive Fundamental Prospects for Alphabet Inc. Alphabet Inc. has a current operating margin of 21.15%, a gross margin of 55.58%, and a net profit margin of 21.22%. These performance monitors show that Alphabet Inc. generates more profit after expenses than other market participants. Additionally, Alphabet Inc.’s return on total capital, return on invested capital and return on equity sit at 17....

December 20, 2022 · 2 min · 307 words · Cornell Russell

Amazon Is The World S 5Th Most Visited Website With 3 Billion Visits A Month

Elsewhere, social media giant Facebook.com ranks third at 11.2 billion visits while the unique visits stand at 1.5 billion. Adult content platform Pornhub.com is tenth with 2.2 billion visits, recording 0.4 billion unique visits. Data on most visited websites globally is provided by Semrush. [coinbase]

December 20, 2022 · 1 min · 45 words · Glenda Starks

Apple Announces Three Airtag Upgrades To Counter Stalking Complaints Finbold

A post published by Apple acknowledged that the company is aware of the increasing unwanted tracking alerts but rated the count as ‘rare.’ Apple stated that it’s already engaging with relevant authorities to contain the misuse. The first update introduces a new privacy warning while setting up the AirTag. According to Apple, the feature will issue alerts indicating that the AirTag tracks personal belongings. The alert will also warn against following people illegally since it’s a crime....

December 20, 2022 · 2 min · 263 words · Charles Chavira

Asia Pacific Fintech Investment Soars By 9 1 During Q2 2020 Finbold

Australia’s investments were mainly in the growing digital banking sector. Judo Bank and Xinja recorded the highest funding amounting to $176 million during the quarter. In the future, open banking developments in Australia may continue to spur investor interest in digital banks. Elsewhere, India’s move to crack down on foreign investors impacted funding which dropped by 38% to $339 million compared to Q1 2020. Before Q2 results, India was the focus of fintech funding in Asia....

December 20, 2022 · 1 min · 183 words · Darlene Witt

Bahrain Central Bank Set To Test Bitcoin Payment Processing Solution

In a press statement published on September 13, OpenNode stated that the solution is guided by the growing interest in digital assets across the Middle East. The company noted that the solution would be central to pushing economic growth while supporting businesses. Once deployed, OpenNode said that the payment solution would usher in the room to develop similar products in the future. According to Dalal Buhejji from the Bahrain Economic Development Board, the Bitcoin payment solution is part of the growing digital economy in a regulated space....

December 20, 2022 · 2 min · 230 words · Dorothy Chech

Banks Seize Stimulus Payments Of Customers With Overdrawn Accounts Finbold

The Treasury Department started the first round of these payments to the citizens via direct bank deposits. Some of the recipients are victims of the current situation. While the direct bank deposit was created to ease the payment process and support easy tracking of the process through a new IRS website, it is now the bane of some beneficiaries who were eagerly awaiting the relief package. Stimulus Payments Recipients Dismayed Benji Pedro, a 24-year-old recording artist who lives in Columbia, S....

December 20, 2022 · 2 min · 359 words · Marquita Wright

Bitcoin Approaches A Bullish Golden Cross As Btc Reclaims 23 000

In this line, Bitcoin is on the verge of a potential golden cross formation pattern, as the 50-day moving average (MA) approaches crossing above the 200-day MA, crypto commentary Twitter account Bitcoin Archive shared on January 26. One of the consequential golden crosses in 2019 resulted in Bitcoin surging in value when the asset was trading in the zone of $5,000. The resulting rally saw Bitcoin hit an all-time high of almost $69,000 in 2021....

December 20, 2022 · 2 min · 415 words · Adrian James

Bitcoin Atm Installed At Elon Musk S Tesla Gigafactory Finbold

A Bitcoin ATM now operational at the Tesla Fremont Gigafactory in Nevada. It is not clear when the LibertyX ATM was installed but a view of Google Map shows that the facility attracted only one comment within the last nine hours as of writing. This is an indicator that the Bitcoin ATM might have been installed recently. The installation of the ATM was first shared by a Twitter user by the name Will Reeves....

December 20, 2022 · 2 min · 367 words · Martin Maldonado

Bitcoin Breaks Past 21 000 As Bulls Regain Advantage

By press time, the flagship cryptocurrency was trading at $21,200, gaining almost 5% in the last 24 hours. Interestingly, before the job data, Bitcoin had shown signs of correcting below $20,000 following the sustained tightening onslaught from the Federal Reserve. The breakout comes following Bitcoin’s sideways trading pattern, with the asset consolidating between $19,000 – $20,000. Despite the threats of sliding below $20,000, a section of analysts maintained bulls had a technical advantage over bears....

December 20, 2022 · 2 min · 258 words · Adell Glory

Bitcoin Leads Crypto Market Gains As Omicron Variant Fears Temporarily Ease

The market corrected courtesy of various factors, including the World Health Organization’s official warning about Omicron, the new strain of Covid-19, along with regulatory concerns in India. The recovery has been boosted by the news that the new variant presents mild symptoms. After dropping by almost 20% in the last ten days, Bitcoin was trading at $57,120 by press time, gaining almost 5% in the last 24 hours. On the other hand, Ethereum saw a price recovery of over 5% to trade at $4,307....

December 20, 2022 · 2 min · 398 words · Christine Dame

Bitcoin Market Capitalisation Hits 1 Trillion Surpassing Facebook Tesla

With a market cap of slightly above $1 trillion, the asset is now valued higher than social media giant Facebook (NASDAQ: FB) whose capitalisation stands at $928 billion. Moreover, Bitcoin’s market cap is also above electric vehicle manufacturer Tesla (NASDAQ: TSLA) which is valued at $795 billion, as of the time of writing. Elsewhere, Bitcoin significantly trails gold which has a market cap of $11 trillion. Notably, if Bitcoin continues to surge in value, it stands a better chance to surpass silver which has a market cap of $1....

December 20, 2022 · 2 min · 354 words · Ricky Rodriguez

Bitcoin Miners Revenue Drops To A 12 Month Low As Crypto Industry Struggles

In this line, as of August 21, the total Bitcoin miners’ revenue stood at $19.65 million, a 12-month low or a drop of 61% from the $50.73 million recorded on August 22, 2021, data by Blockchain.com indicates. Over the 12 months, mining revenue peaked on October 25 at $74.41 million during the height of Bitcoin’s bull market. Bitcoin miners hit with crypto market meltdown Bitcoin miners have generally suffered the brunt of the ongoing market crash, with a majority forced to readjust their operations....

December 20, 2022 · 2 min · 322 words · Carlos Guy

Bitcoin S Market Cap Surpasses 80 Of Silver S Finbold

Data provided by CompaniesMarketCap shows that Bitcoin’s market cap was $1.112 trillion by press time, while silver stood at $1.384 trillion, representing 80.43% of the precious metal. The milestone comes after bitcoin traded at $61,222 on April 10, marking the highest price level in two weeks. By press time, the asset was trading at $59,873, according to CoinMarketCap. Amid the weekend price surge, there have been talks of bitcoin facing a constrained supply at a time....

December 20, 2022 · 2 min · 242 words · Danielle Fryer

Bitcoin Whales Wake Up From Winter Nap To Buy The Dip As Inflow Activity Hits A 4 Month High

Utilizing the Large Holders Inflow, which racks the funds going into addresses belonging to whales, it was confirmed on June 15 that crypto intelligence platform IntoTheBlock spotted the largest inflow since February as 116,000 Bitcoins were bought, according to data published by the platform on June 16, 2022. Notably, the 116,000 BTC inflow may indicate that Bitcoin’s prices may be close to reaching a bottom since large buyers at these levels often make large purchases after a significant price decline....

December 20, 2022 · 2 min · 268 words · Phylicia Vorpahl

Blackstone S Ceo Biggest Wall Street Political Donor At 27 Million

According to filings from the Center of Responsive Politics and the Campaign Finance Institute, Schwarzman has outspent other Wall Street billionaires like Michael Bloomberg, George Soros, Paul Singer, and Robert Mercer. With a net worth of about $18.2 billion, the executive has doubled his contributions compared to the 2018 midterm elections. To date, his largest contribution has been towards the Congressional Leadership Fund at $20 million as of July this year....

December 20, 2022 · 2 min · 362 words · Anna Rosa

Bulls Keep Close Eye On Xrp For Breakout Amid Lengthy Consolidation Phase

Indeed, the value of XRP has stagnated in the same region for several months, showing no signs of a possible breakout. This development contrasts the general market, as most altcoins have taken advantage of the 2023 rally to record price breakouts. In particular, between late October 2022 and January 25, the value of XRP has mainly traded in the range of $0.40 and $0.46. However, the token has momentarily breached key support and resistance levels during the period while sustaining a high trading volume....

December 20, 2022 · 2 min · 373 words · David Delgado

Cardano Adds Over 100 000 Wallets In November Despite Ftx Debacle

In particular, the decentralized finance (DeFi) network Cardano (ADA) has added about 100,837 wallets in November alone, despite the sector operating in a bear market, with the FTX collapse complicating matters further. As of November 25, the figure stood at 3,734,363, while at the start of the month, the number of ADA wallets was 3,633,526, according to Cardano Blockchain Insights data. Cardano’s impressive wallet growth can be tied to the increased network activity, considering that the platform has yet to witness any bullish triggers in recent weeks....

December 20, 2022 · 2 min · 390 words · Cassandra Green

Cardano Adds Over 100 Smart Contracts In Just Two Days Highest Ever Jump Finbold

Plutus (a Cardano-based smart contracts platform) has experienced significant growth due to the upgrade. Most notably, things have just lately begun to pick up speed, with the network adding more than 100 smart contracts in as little as two days. Between January 30 and February 1, the number of smart contracts on the network climbed by 116, bringing the total number on the network to 1,127 as of the first day of February....

December 20, 2022 · 3 min · 437 words · Santa Hicks