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Cryptocurrency
CleanSpark is Making a Provident Move for Mining
CleanSpark, a bitcoin miner, has increased its mining capacity in the United States by buying 20,000 additional Antminer S19j Pro+ processors for $43.6 million. The acquisition will increase the company’s computing capacity by 37%, bringing the total number of miners acquired during the bear market to 46,500 units. Video content CleanSpark will pay $32.3 million for the equipment after implementing coupons at a 25% discount, for a total price per…
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News
IMF Suggests That The Restrictions on Bitcoin Intercept Any Risk of a Speculative Market for El Salvador
Following a recent visit, the IMF has advised El Salvador to “reconsider” its intentions for using Bitcoin. Due to the “speculative nature” of the cryptocurrency markets, the worldwide monetary audit organization has recommended El Salvador to be cautious when increasing government exposure to them. The International Monetary Fund (IMF) stressed in a statement on February 10 that El Salvador’s usage of Bitcoin is “limited” and as a result, the dangers…
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News
Rapidly Increasing Space Debris May Prevent Us from Finding Other Possible Civilizations
Despite its swift development, space exploration also brings a hefty challenge: Space debris. These are objects that were sent into orbit but no longer perform any useful purpose. The danger they pose is growing by the day; in fact, research shows there are more than 670 thousand pieces larger than 1 cm currently floating around! Astronomers are warning that the sky may become so congested with space debris and active…
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Finance
Survive Stock Market and Economic Crises with These Five Tips
The US Federal Reserve has had to step in due to the Ukraine war and coronavirus pandemic, resulting in inflation hitting its highest point of 40 years. Therefore, stock consumption increased. This month, they have implemented a turnaround on interest rates multiple times and initiated tighter monetary policy. Yet this tightrope act must be carefully balanced as higher interest can reduce inflation and slow economic growth, further fuelling recessionary fears…
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Investment
The Biggest IPOs of the Last Decade
Predicting an IPO’s success can be tricky, as no one can guarantee a surefire return on investment. To best understand how to reap long-term profits from IPOs, it’s helpful to look back and analyze some of the biggest placements in the last decade and their current outcomes. By studying past performance data, you can better anticipate future successes or pitfalls when investing in initial public offerings. Saudi Aramco Broke the…
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