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AI and Crypto Mining: How will AI affect the industry?

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. . . . .   Since the inception of blockchain technology, crypto mining has emerged as a viable industry for miners to earn a steady flow of income. However, with the advent of Artificial Intelligence (AI), the mining sector is now looking at a viable alternative that is claimed to be cheaper and more efficient. As the crypto expansion took over the world in the past decade, the mining industry has become more and more consolidated, requiring heavy operational costs and complex digital infrastructure. Events like Bitcoin Halving have also impacted the passive earnings of miners even as the value of BTC has been skyrocketing year after year. Today, as of 2024, individual miners have almost vanished from the scene, passing on the baton to companies that can afford the operational costs. The expansion of the crypto ecosystem has been corresponding with the emergence of Artificial Intelligence futuristic technology set to define the decade of 2020. AI has permeated the mining ...
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Bitcoin Hits All-Time High After BTC ETF Options Debut, Memecoins Make Moves

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. . . . .   Takeaways BlackRock’s iShares Bitcoin Trust became the first US spot bitcoin ETF approved for options trading:  The price of bitcoin subsequently surged to nearly $98,000 on Thursday, reaching a new all-time high. Institutional interest in MicroStrategy surged this week, with the value of those holdings jumping to $15.3 billion:  Microstrategy founder Michael Saylor has continued to purchase bitcoin and MSTR shares have seen year-to-date gains of roughly 450%. Trump considers Teresa Goody Guillén for SEC chair:  Her appointment would likely usher in crypto-friendly policies and regulatory reform. Meme coins including Bonk, Mog, and Brett have set all-time highs amid a rally partly driven by the resurgence of DOGE to $0.43:  Bonk surged 120% following a burn campaign earlier this week, while Moo Deng also hit record prices. Russia has drafted amendments to tax crypto income, classifying digital assets as property:  The new laws would sub...
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OctaFX Copy Trading Review 2024: An In-Depth Analysis

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. . . . .   If you are looking for a way to trade the financial markets without spending hours on analysis, research, and execution, you may be interested in   OctaFX copy trading . OctaFX   copy trading   is a service offered by OctaFX, a global forex and   CFD   broker that allows you to automatically copy the trades of experienced and successful traders. In this guide by  Finestel , we will explain what OctaFX copy trading is, how it works, what are the pros and cons, and whether it is legit or a scam. We will also discuss the fee and pricing of OctaFX copy trading and the markets that it supports. By the end of this guide, you will have a better understanding of OctaFX copy trading and be able to decide if it is suitable for you. What is OctaFX Copy Trading? Review of the Platform’s Offerings OctaFX copy trading is a platform that connects traders, enabling them to share their strategies and performance with others. You can choose from a l...
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