Crypto Currency

cryptocurrency mining company expanding to Eastern Kentucky

HAZARD, Ky. (WYMT) – ANKR/Exponential Digital, a cryptocurrency mining company, will be opening an operation location in Eastern Kentucky.

The operation facilities will be in Chad, just outside of Cumberland.

The company is already searching for Data Center Facilities Technicians. Employees selected will be responsible for maintaining critical facilities infrastructure. Employees will be responsible for performing repairs, corrective maintenance, and complex installations.

You can apply for a job here.

In addition to providing around ten jobs initially, this company will also be a major energy consumer on the Cumberland Valley Electric power grid. This will help keep rates down

Read More

Former Texas electronics giant RadioShack’s new owner reboots as cryptocurrency company

HOUSTON, Texas — Although the RadioShack electronics retail chain essentially crumbled following bankruptcy filings in 2015 and 2017, the name has survived for 100 years. In a bid to make RadioShack relevant for another 100 years, the brand’s new owner is making a play for one of the hottest, and most controversial, emerging business sectors in the world – cryptocurrency.

Seeking to capitalize on RadioShack’s global brand name, Miami-based owner Retail Ecommerce Ventures is propelling RadioShack (once based in Fort Worth) into the promising yet murky territory of cryptocurrency. Cryptocurrency is digital currency built on a technology platform known as

Read More

First LGBT+ cryptocurrency bets on ‘changing the world’

The world’s first LGBT+ cryptocurrency sets out to promote equality by harnessing the community’s economic clout

By Enrique Anarte

MADRID, Dec 31 (Thomson Reuters Foundation) – It might sound like a marketing gimmick, but the founders of the first LGBT+ cryptocurrency said they want to harness the community’s economic power with the aim of “changing the world”.

The maricoin, a play on words taken from a homophobic slur in Spanish, was launched on Friday in a week-long pilot test involving 10 businesses in Chueca, known as the LGBT+ neighbourhood of Spain’s capital, Madrid.

Maricoin’s backers are aiming for the virtual

Read More

Bitcoin’s ‘One Percent’ Controls Lion’s Share of the Cryptocurrency’s Wealth

It’s good to be the bitcoin 1%. The top bitcoin holders control a greater share of the cryptocurrency than the most affluent American households control in dollars, according to a study by the National Bureau of Economic Research.

The study showed that the top 10,000 bitcoin accounts hold 5 million bitcoins, an equivalent of approximately $232 billion.

With an estimated 114 million people globally holding the cryptocurrency, according to crypto.com, that means that approximately 0.01% of bitcoin holders control 27% of the 19 million bitcoin in circulation.

By comparison, in the U.S., where wealth inequality is at its most extreme

Read More

CoinDeskMarket Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes PublicTesla's bitcoin acceptance helped to send the BTC price to an all-time high near $65000 in April, almost unthinkable just a few months….8 hours ago

CoinDeskMarket Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes PublicTesla’s bitcoin acceptance helped to send the BTC price to an all-time high
near $65000 in April, almost unthinkable just a few months….8 hours ago… Read More

Top Crypto Mining Stocks for Q1 2022

The cryptocurrency industry is still young but growing rapidly. Cryptocurrencies are a relatively new form of digital currency, with Bitcoin being the most well-known example. Cryptocurrencies utilize blockchain technology, which makes possible the maintenance of a secure and decentralized record of transactions without the need for a trusted third party. Cryptocurrency mining companies use computers to solve complex computational problems in order to validate transactions on a blockchain and generate new cryptocurrency coins. Cryptocurrency can then be held and used for certain transactions or be sold for fiat currency. Some of the big names in the crypto mining industry include

Read More

A cryptocurrency entrepreneur paid $28M to ride Blue Origin into space, but missed his flight.

Blue Origin has announced the winner of an auction it held six months ago to visit space on the first New Shepard mission from West Texas.

Sun was identified Wednesday and announced that he purchased five additional seats on top of his $28 million bid. He will select five people to ride alongside him in the fourth quarter of 2022.

“I won the auction 6 months ago but missed the launch,” Sun said on Twitter. “However, this did not stop my

Read More

Firm to offer real estate brokers payment in cryptocurrency as part of ‘natural progression’

Major athletes and musicians have gotten paid in cryptocurrency – and now real estate agents can as well.

A specialty finance firm called RLTY Capital is the first to offer brokers the option to get their commissions paid up front, in crypto, underscoring how digital coins are becoming a more mainstream part of financial transactions.

“As crypto has become more widely used, we decided that it would be a good option to offer agents and that it is quite possibly the way of the future,” Briggs Elwell, CEO and co-founder of RLTY Capital, told Yahoo Finance in an interview.

“We’re

Read More

2 Top Cryptocurrencies to Buy Now and Hold Forever

During the past year, the cryptocurrency market has surged 240% to $2.2 trillion. That’s even more impressive in light of the recent sell-off. Since peaking at almost $3 trillion in early November, the market has fallen by more than a quarter. Unfortunately, that type of volatility is common when dealing with crypto assets. Token prices tend to fluctuate wildly, often without apparent reason.

Regardless, cryptocurrencies have undoubtedly created tremendous wealth, and that trend is set to continue. Digital assets are now gaining traction with wealth managers, public companies, and other institutions. In the years ahead, that dynamic should push the

Read More

Top predictions for crypto in 2022, from bitcoin crash to regulation

Vertigo3d | iStock | Getty Images

Crypto crash

Some experts believe bitcoin is due for a sharp decline in the coming months.

The cryptocurrency surged to a record high of almost $69,000 in November. It’s now sitting below $50,000, down almost 30% from its peak. Wall Street wisdom defines bear markets as a decline of 20% or more from recent highs, but it’s worth noting bitcoin is notorious for its volatility.

Carol Alexander, professor of finance at Sussex University, said she expects bitcoin to tank to as low as $10,000 in 2022, virtually wiping out all of its gains in

Read More