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Showing posts from November 5, 2023

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Moody's analyst sees polarization around US budget issues persisting next year

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Tesla’s Little Known Super-Power

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Hut 8's Bitcoin Output Holds Steady in October, Defying Decline in Industry Production

This is the best way to Make Money Online step by step . Click Here to Join Now! The best part? There's no annual fee. Click here to apply now. Get Funded with 200k Now - Try it! Hut 8 Mining Corp. mined 112 Bitcoins in October amid recent developments, including the merger with US Bitcoin Corp. The mining firm's output in the period was equal to a daily production rate of around 3.6 Bitcoins. During October, Hut 8 sold 365 Bitcoins for CAD$14.6 million. This translates to an average selling price of approximately CAD$39,980 per Bitcoin. As a result, Hut 8 maintains a significant Bitcoin reserve of 9,113, according to the statement released by the company yesterday (Monday). Hut 8 installed an ASIC hash rate capacity of 2.6 EH/s in its Alberta facilities by the end of October. According to the company, this resulted in a production rate of 43.1 BTC/EH. Hut 8 Expands Operations Besides that, during the period, Hut 8 secured approval from the Ontario Superior Court of Justice

These 3 Firms Could Gain the Most as Cloud Computing Gets Heated

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AT&T Dividend Yield Pushes Past 7%

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FTX Seeks Court Approval for Sale of $744 Million Trust Assets

This is the best way to Make Money Online step by step . Click Here to Join Now! The best part? There's no annual fee. Click here to apply now. Get Funded with 200k Now - Try it! FTX, the beleaguered cryptocurrency exchange currently navigating bankruptcy proceedings, has petitioned the Delaware bankruptcy court to authorize the sale of crucial trust assets worth approximately $744 million. These assets, originating from crypto asset manager Grayscale and custody service provider Bitwise, have been targeted for sale to facilitate the preparation for forthcoming distributions to creditors. Overview of Trust Assets: Bitwise and Grayscale Holdings The trust assets in question encompass holdings within one Bitwise trust, evaluated at $53 million, and five Grayscale trusts valued at $691 million. These trusts serve as pivotal onboarding mechanisms for numerous investors, offering exposure to the cryptocurrency market without necessitating direct ownership of digital assets. In the cou

A Bullish Storm Is Brewing for Cloud Stocks

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