Follow Cointelegraph’s comprehensive coverage of the 2024 Bitcoin halving event. Get the latest updates on the BTC halving, which occurs on the Bitcoin blockchain every four years, or 210,000 blocks. Stay informed with exclusive analysis and real-time insights.Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second with a $240 million investment.Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.Bitcoin’s current price action is “hardly a surprise,” given the extraordinary bullish action leading up to the fourth halving.
Source: Digital Coin News (digitalcoinnews.net)
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