Bitcoin Mining in Ethiopia
Ethiopia has taken a significant step forward by increasing its Bitcoin mining power allocation to 600 MW. This move is part of the country's broader strategy to harness renewable energy sources for cryptocurrency mining, which could potentially boost economic growth and technological advancement within the region. The decision aligns with Ethiopia's commitment to sustainable development and positions it as a key player in the global crypto-mining industry. For more details on this development, visit Bitcoin Nachrichten at this link.
US Inflation Impacts Bitcoin Prices
The latest data from WirtschaftsWoche indicates that inflation in the United States has decreased for six consecutive months, now standing at 2.4%. Despite this positive trend, the Bitcoin market experienced a slight downturn following these announcements. Analysts had anticipated an even lower rate of 2.3%, but consumer prices rose slightly above expectations compared to August levels. As such fluctuations continue to influence investor sentiment towards cryptocurrencies like Bitcoin, stakeholders remain vigilant about future monetary policy shifts by the Federal Reserve aimed at maintaining economic stability amidst ongoing financial uncertainties across various sectors globally. More information can be found through WirtschaftsWoche at this link.
Sources:
- Äthiopien erhöht die Zuweisung der Bitcoin-Mining-Leistung auf 600 MW
- Bitcoin-Kurs aktuell: Inflation in den USA bei 2,4 Prozent – Bitcoin gibt leicht nach
- Bitmain bringt neue hocheffiziente Bitcoin-Mining-Maschinen auf den Markt mit einer Leistung von über 319 TH/s.
- Bitcoin bricht den Allzeithashrate-Rekord mit 698 EH/s, während Miner den Markt-Herausforderungen trotzen
- Compass Mining geht eine Partnerschaft mit Mindshift ein, um Bitcoin-Mining in Südkorea auszubauen.
- Peter Todd – Dieser Kanadier soll Bitcoin erfunden haben
