Maximize Bitcoin Mining Profits with Untapped Flare Gas in Northern Asia

09.09.2024 60 times read 0 Comments Read out

Bitcoin Mining: Maximize Your Profits with This Byproduct

According to BTC-ECHO, Infinity Hash aims to elevate the profitability of Bitcoin mining for its users. Expansion into Northern Asia now enables the utilization of previously untapped flare gas, offering both economic and ecological advantages.

The new mining location in Northern Asia is expected to be operational by the end of 2024, with a capacity of around 100 megawatts (MW). By using flare gas, the electricity price is approximately $0.015 per kilowatt-hour (kWh), significantly boosting profit margins.

Frankfurt School Appoints Co-Pierre Georg as Director of the Blockchain Center

According to Coin Kurier, Co-Pierre Georg has been appointed as the new Professor of "Practice in Digital Finance and Technology" at the Frankfurt School of Finance & Management, and will also take over as the head of the Frankfurt School Blockchain Center (FSBC). Since September 1, 2024, he has been part of the Finance Department of the business school.

Previously, Georg was an Associate Professor of Finance at the EDHEC Business School in France and has extensive research experience, including at the research center of the Deutsche Bundesbank and guest stays at renowned institutions such as HEC Paris, EPFL, and MIT.

Bitcoin Drifting Ahead of US Inflation Data: Are Bears Approaching?

According to a recent analysis by XTB S.A. German Branch on PresseBox, the Bitcoin price is currently meandering deeper, while the upcoming release of US inflation data could change everything. These data could lead to significant price movements.

FinancialNews.de's Markets in the Morning reported on dynamic stock markets in Eastern Europe as well as major companies like Volkswagen and Siemens Energy. Particularly interesting is a look at the crypto market, focusing on Bitcoin, as Western markets are often saturated and Eastern European companies can offer attractive investment opportunities.

AI and Blockchain Revolutionize Venture Capital: Democratizing Startup Financing

According to an article by Coin Kurier, traditional venture capital is being radically transformed by artificial intelligence (AI) and blockchain. The integration of these technologies is democratizing startup financing, facilitating easier access to capital, and significantly improving decision quality through algorithms.

$DAWGZ also offers exciting investment opportunities on Coinbase's Base-Blockchain with potential for price gains and attractive staking yields thanks to innovative approaches like multi-chain support, as further reported by Coin Kurier.

Ripple Price Up to $513,000? Study Shows Extreme Potential for XRP

According to an article by Coin-Update, the whitepaper "A Comprehensive Approach to Determine the Fair Market Value of XRP" is causing a stir in the crypto world. It predicts prices ranging from $9.81 to an extremely optimistic $513,158 per unit, based on XRP playing a larger role in the global financial system.


However, XRP recently declined by about four percent due to a multi-month downtrend, despite support from Ripple co-founder Chris Larsen, who supports Vice President Kamala Harris.

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Article Summary

Infinity Hash aims to boost Bitcoin mining profitability by using flare gas in Northern Asia, while Co-Pierre Georg has been appointed as the head of Frankfurt School Blockchain Center. Additionally, AI and blockchain are revolutionizing venture capital, XRP shows extreme price potential according to a study, and upcoming US inflation data could significantly impact Bitcoin prices.