This stock market giant is trying everything to mine bitcoin … while there is still time!

Mad Bitcoin Miners – The fact that the Bitcoin network’s hashrate is already at its all-time highs does not deter some. The Marathon Patent Group announces that it has placed a record order for specialized ASIC mining machines from Bitmain.

Marathon wants to have over 100,000 Antminer S19

Listed on the Nasdaq stock exchange, the Marathon Patent Group company specializes in digital asset mining , a sector in which it is one of the main players in North America.

According to a press release issued on December 28, Marathon entered into a contract with Bitmain for the purchase of 70 000 miners type Antminer S19 .

Under the terms of the agreement, receipt of this gargantuan order will begin in July 2021 and is expected to end in December 2021.

With the 33,000 Antminer S19 miners that Marathon already owns today, the firm will therefore have a total of 103,000 latest generation bitcoin (BTC) miners .

“This purchase is (…) the largest S19 ASIC miner order Bitmain has ever received. We appreciate the hard work of their team to fulfill this order, as well as for the 30,000 S-19 miners that we have purchased since August 2020 (…) and we look forward to continuing to work with them to grow our business. “

The equivalent of more than 7% of Bitcoin’s global hahsrate

Once the order is fulfilled, the Marathon group will have a total computing power of 10.36 EH / s (exahashes per second).

If the BTC network’s proof-of-work consensus hashrate remained at 140 EH / s as it is now, Marathon alone would represent around 7.4% of this computing power.

One thing is certain in any case, with this order of 170 million dollars for its Antminers, Bitmain has already secured its 2021 season:

“The new contract for 70,000 Antminer S19 with Marathon convincingly demonstrates the major role of our S19, in providing our customers with world-class mining efficiency. (…) Marathon quickly became our biggest customer, and our partnership continues to mutually benefit both of our businesses. „

Irene Gao, Antminer Sales Director for North and South America

While listed companies, like MicroStrategy, invest in bitcoins, the Marathon group prefers to go straight to the source, to mine BTC itself (in the hope of reselling them for gold perhaps?). It will also represent a welcome geographic diversification of bitcoin mining, which will thus be a little less concentrated in China than at present.

World’s largest black market stops accepting Bitcoin

Monero has become the preferred cryptomeda among different activities, mainly illegal ones

The black markets found on the dark web have always been fans of Bitcoin as a form of payment, however, for at least 3 years things have been changing and recently the biggest of them stopped accepting Bitcoin and started to give preference to Monero.

The White House Market, one of the best known markets currently in darknet, has announced that it will stop supporting Crypto Engine as a form of payment and from now on will only accept Monero (XMR).

According to a statement made through Twitter assigned to the market, the platform will no longer accept Bitcoin because Morphtoken, an API that performed the conversion from BTC to XMR now blocks access from TOR nodes (The Onion Router).

„The solution using Bitcoin was only to help the transition to XMR and as far as we know, it is over. So, we are just accepting Monero“.

The idea of the black market has always been to use Monero as the main currency, not Bitcoin. The reason for this is quite simple, since the XMR is a cryptomoeda completely focused on privacy, and it is not possible to track the outgoing or incoming address of transactions.

Therefore, it is easy to understand why a black market, especially such a notorious one, has a preference for the use of crypto currency which makes any kind of identification difficult. Among all those that have this characteristic, Monero is older and more consolidated in the market.

Other markets of this type still offer support for Bitcoin, but with the market leader leaving BTC aside, we can see a similar movement in other platforms.

Monero replaces Bitcoin in different areas

It is curious, and worth pointing out, that this was not the first sign that Monero became preferred among different activities, especially illegal ones. Recently, Ransomware scams began to adopt the currency with a focus on privacy in place of Bitcoin.

While this increases the use of Monero, it may attract the attention of regulators, who have been trying for some time to find ways to track transactions on the asset’s network.

Monero is getting ahead of the competition when it comes to privacy in its transactions.

Domínio do Bitcoin atinge o pico do ano com XRP enfrenta novo processo

A Cointelegraph Markets revelou que os gráficos de dominância do Bitcoin subiram 69%.

O domínio do Bitcoin no espaço criptográfico atingiu um pico quando o principal ativo digital alcançou brevemente US $ 24.000 novamente. O preço do Bitcoin atingiu um novo recorde de US $ 24.000 no dia 19 de dezembro. Embora o BTC tenha visto grande volatilidade com seu preço caindo para $ 22.800, ainda está em alta de 1,23%, para $ 23.633,39.

Em um vídeo postado no Twitter, o analista da Cointelegraph Markets Michael van de Poppe disse:

“Historicamente, temos feito uma estrutura de ponta em dezembro, após a qual tivemos um primeiro trimestre maravilhoso para altcoins.”

O tweet da Cointelegraph Markets revelou que o gráfico de dominância do Bitcoin subiu 69% em meio à liquidação de XRP.

Como o Bitcoin continua a crescer, XRP está tendo dificuldades com as autoridades regulatórias. Em um processo recente , a Securities and Exchange Commission (SEC) dos Estados Unidos acusou a Ripple e dois de seus executivos de garantir mais de US $ 1,3 bilhão em uma “oferta contínua de ativos digitais não registrados”. Os dois executivos da Ripple mencionados no processo da SEC são o CEO Brad Garlinghouse e o co-fundador Christian Larsen. Como resultado do arquivamento, os analistas estão preocupados que o processo da SEC possa afetar a negociação de XRP.

O XRP já está registrando perdas. Até o momento, o XRP caiu 31,59%, para $ 0,321332

Ao contrário do Bitcoin, outros altcoins importantes também estão registrando declínios diários. Ether (ETH) está atualmente com queda de 2,56%, para $ 610,71. Além disso, o Tether caiu 0,06% e o Bitcoin Cash (BCH) perdeu $ 221%.

Ripple Network Activity Shows XRP ha perso la sua scintilla

Ripple Network Activity Shows XRP ha perso la sua scintilla post-Airdrop

Una candela avvolgente di fumo sbiadita. Macrofotografia del fumo di candela da vicino

Poiché gli investitori si sono dati da fare per acquistare XRP al fine di rivendicare una quantità corrispondente di gettoni Spark, l’altcoin ha Bitcoin Future avuto il suo più significativo breakout rialzista degli ultimi anni.

L’attività di Ripple network dopo il lancio della scintilla suggerisce che l’asset ha fondamentalmente perso la scintilla, ma i tecnici potrebbero suggerire che la scintilla è stata sufficiente per accendere la miccia, e la prima ondata è solo l’inizio dell’esplosione completa a venire.

L’effetto Ripple Effetto Airdrop Post-Flare Airdrop lascia l’attività di rete a livelli mensili bassi

La crittovaluta al terzo posto in ordine di importanza in base al limite di mercato sembra essere nel suo mondo e nel suo ciclo di mercato quando si tratta dello spazio criptato.

XRP ha perso la stagione altcoin dell’estate e non è stato influenzato dal Bitcoin rialzista dell’anno scorso. L’altcoin è rimasto così stagnante per così tanto tempo, è stato l’asset con le peggiori performance per tre anni consecutivi e si è comportato così male che Ripple è stato costretto a riacquistare una parte dell’offerta per riaccendere l’interesse.

La tattica è fallita, ma la scintilla necessaria per l’evasione è arrivata con l’airdrop del Flare Network e l’emissione di gettoni Spark a chiunque abbia in mano XRP al momento di un’istantanea a catena.

Il fascino dei gettoni Spark gratuiti ha causato un massiccio breakout nell’XRP e un rally di oltre il 200% dall’inizio alla fine. Ma dopo la data dell’istantanea del 12 dicembre, l’attività del protocollo Ripple è caduta da un precipizio, e il prezzo per ogni XRP è seguito

Come i gettoni di scintilla potrebbero aver acceso il fusibile XRP Bull Market Fuse

L’attività della rete di Ripple è infatti scesa ai minimi mensili, secondo la società di analisi delle catene di blocco Santiment. Non appena l’istantanea di Spark è finita, lo è stata anche la scintilla che ha innescato il rally. O lo è stata?

Mentre le cose potrebbero rallentare fondamentalmente per l’XRP, i tecnici suggeriscono che un rally mostruoso è appena iniziato grazie alla miccia accesa dalla nuova moneta del Flare Network sul blocco.

XRPUSD ha ribaltato la resistenza del mercato dell’orso come supporto, tenendosi al di sopra di un punto elevato fissato nel 2017.

Il breakout rialzista ha registrato anche sull’indice direzionale medio con un forte aumento e un rialzo rispetto al livello chiave di 20. La lettura dell’ADX di 20 o superiore suggerisce un trend forte, e passare sopra il 20 indica inizialmente che il trend è appena iniziato.

Ondulazione xrp scintilla gettone di scintilla xrp

L’indice direzionale medio dice che l’andamento del toro è solo all’inizio | Fonte: XRPUSD su TradingView.com

Durante l’ultimo ciclo, due impulsi sono arrivati strettamente impacchettati l’uno con l’altro. La linea verde DMI+ ha avuto un picco verso l’alto, poi un’altra volta prima che l’ADX passasse attraverso l’indicatore rialzista. Dopo quasi nove mesi di consolidamento, Ripple ha raggiunto per le stelle ancora una volta, fissando il suo prezzo di picco a oltre 3 dollari all’inizio del 2018.

Se la storia si ripete, il token Spark ha acceso la miccia per l’impulso rialzista uno dei tre, con il secondo che arriva da un giorno all’altro. Il terzo e ultimo impulso, che è il più redditizio di tutti, potrebbe arrivare tra un altro anno.

$ 6 billion! Brazilians love crypto – the financial authority names record Bitcoin sales

Brazilians have bought and sold $ 6.3 billion bitcoin, according to their IRS.

Trading providers have been required to provide details to the Brazilian Federal Tax Authority (RFB) since August 2019.

This data has now been compiled in a public report by RFB, which lists the volumes by cryptocurrency per month

From January to September 2020, a total of 33 billion Brazilian Reals, worth around 6.3 billion US dollars, were traded.

Most of it is in Cryptosoft and Eth, but the Brazilian Treasury also lists trading in Dai and Doge:

The first column is the cryptocurrency, then the month, then the number of actions / transactions, then the total and then the average total.

This includes data from over the counter (OTC) trading venues, of which there are nine large ones in Brazil: Transfero, Foxbit, Novadax, Escher, Nox, Red River, BitBlue, BitPreço, and OWS.

“These are investors who are looking for diversification, often leaving the traditional market, having completed financial investments with traditional banks and brokers and now coming to buy their first bitcoin. This customer profile prefers the OTC trade, ”explains Foxbit CEO João Canhada.

According to crypto exchange Foxbit, OTC trade accounts for 40% of its sales, with Brazil rising overall as a hotspot for bitcoin trading

They are the ninth largest economy in the world with a GDP of $ 1.8 trillion. They have inflation at 4.3% – and more importantly, the country stands next to hyperinflationary Venezuela and Argentina, where inflation is galloping.

Bitcoin is also particularly useful for trading outside the official channels, especially with China, as the currency can be moved in seconds, which shortens processing times for mail order.

The country also has a long history of capital controls, which could be an obstacle for small businesses. However, your government is generally friendly towards the industry and even tried to tokenize the real with its state bank in 2018.