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Bitcoin Miner Acquires Wind Farm in Texas
The US-based Bitcoin company, MARA Holdings Inc., has made headlines by purchasing an entire wind farm in the state of Texas. According to DER STANDARD (https://www.derstandard.de/story/3000000248606/bitcoin-miner-kauft-kompletten-windpark-und-nimmt-ihn-vom-netz), the firm plans to disconnect it from the public grid and use its energy exclusively for their mining operations. This move highlights the ongoing struggle for sustainable energy sources within cryptocurrency mining.
MARA Holdings' Massive Bitcoin Purchase
In a significant financial maneuver, MARA Holdings acquired nearly 11,800 Bitcoins at a cost of $1.1 billion on December 10th. As reported by Cointelegraph Deutschland (https://de.cointelegraph.com/news/mara-holdings-kauft-bitcoin-btc-fur-1-1-mrd-us-dollar-erstmals-hashrate-von-50-eh-s-erreicht), this purchase coincided with achieving a record-breaking hash rate of 50 EH/s, marking a new milestone in the industry. Despite these achievements, MARA's stock saw a slight decline following this announcement.
The Best Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
Google's Quantum Leap Threatens Cryptocurrency Security
A recent breakthrough by Google could potentially disrupt digital currencies like Bitcoin. WELT reports (https://www.welt.de/wirtschaft/article254821248/Google-Mit-diesem-Durchbruch-rueckt-die-Entzauberung-des-Bitcoins-etwas-naeher.html) that Google's new quantum chip "Willow" significantly advances error correction capabilities in quantum computing—a development that might eventually threaten blockchain encryption security if scaled up sufficiently.
Ray Dalio and Larry Fink Embrace Cryptocurrencies
The evolving landscape of cryptocurrencies is drawing attention from major financial figures such as Ray Dalio and Larry Fink. According to DER AKTIONÄR (https://www.deraktionaer.de/artikel/maerkte-forex-zinsen/bitcoin-ray-dalio-und-larry-fink-schwaermen-von-kryptos-20371625.html), both have expressed newfound interest in digital assets amidst changing regulatory environments and increasing institutional acceptance.
Cryptocurrency Speculation: The Rise of Schmidtcoin
An intriguing addition to global financial markets is Schmidtcoin—an internet fantasy currency trading at minuscule values compared to established cryptos like Bitcoin. ZEIT Campus discusses (https://www.zeit.de/2024/53/kryptowaehrungen-bitcoin-wert-spekulation-schmidtcoin) how despite lacking intrinsic value or reputable backing entities, such speculative ventures highlight diverse opportunities—and risks—in crypto investments today.
Sources:
- Bitcoin-Miner kauft kompletten Windpark und nimmt ihn vom Netz
- MARA Holdings kauft Bitcoin (BTC) für 1,1 Mrd. US-Dollar: Erstmals Hashrate von 50 EH/s erreicht
- Google: Mit diesem Durchbruch rückt die Entzauberung des Bitcoins etwas näher
- Bitcoin: Ray Dalio und Larry Fink schwärmen von Kryptos
- Kryptowährungen: Im Schatten des Bitcoin
- Boeing hebt ab! Bitcoin dranbleiben? MicroStrategy, Tesla, Brent-Öl in der Analyse
