Institutional investment in Bitcoin mining by large public companies has notably impacted the landscape for individual and small-scale miners, with significant consequences for the network’s dynamics, according to a Bitfinex report on the cryptocurrency mining ecosystem ahead of the Bitcoin halving. The study reveals a shift from the decentralized vision of Bitcoin, where individuals contributed to network security, to a scenario dominated by corporate entities. These entities prioritize shareholder returns, operating on a much larger scale with different priorities than smaller miners. The report emphasizes their focus on profitability and managing investor expectations, often sidelining the community’s more altruistic values
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BEFE Coin's $0.01 on the Horizon: Insights for Investors
With the Bitcoin halving now completed, here is the next crypto project to start looking into: the BEFE meme coin. The BEFE coin is a new crypto meme coin that has been throwing investors off the old stints of failure they have been getting with other meme coins' choppy movement.
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Top 5 Hottest Coins To Buy Before May For 100X Potential
The crypto market remains somewhat bearish, but coins to buy like GALA, Scallop, Ondo, Ethena, and Brett show signs of an imminent upswing. Each coin provides unique technological advancements and boasts strong community engagement. Investors deem these tokens highly promising, offering the potential for significant returns. 1. Gala (GALA) Top May’s Coins To Buy List The post Top 5 Hottest Coins To Buy Before May For 100X Potential appeared first on CoinGape .
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BONE Price Primed To Rally? Shiba Inu Executive Hints As ShibaSwap Goes Multi-Chain
In a bid to inject optimism, Shiba Inu’s marketing lead LUCIE recently took to a post on X, drawing attention to vital developmental endeavors within the Shiba Inu ecosystem. ShibaSwap (BONE), a DeFi platform on Shiba Inu’s ecosystem, is going multi-chain by expanding to Ethereum & Shibarium, according to Lucie’s post shared today. This announcement The post BONE Price Primed To Rally? Shiba Inu Executive Hints As ShibaSwap Goes Multi-Chain appeared first on CoinGape .
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MATIC Price Revival Chances Decline With Continuous Dip: Sell or HODL?
MATIC, a popular token launched by the Polygon network, has been continuously declining, breaking the investor’s expectations. There was a time when it was among the top ten best-performing cryptocurrencies on CoinmarketCap, but its recent MATIC price defeats have shifted the token to the 18th position. This is the state of the Polygon network token, The post MATIC Price Revival Chances Decline With Continuous Dip: Sell or HODL? appeared first on CoinGape .
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