The total capital of the wealthy of the cryptocurrency world is estimated at about $55 billion. This is comparable to the GDP of Croatia or the capitalization of an asset such as Ripple (XRP).
The record was set on May 13, when the total hash rate stopped at 198 EH/s. However, it soon began to decline and showed a downtrend for six weeks. Against the backdrop of bans in the PRC, it fell by almost 65%.
The product is called the NewPac. It connects to a laptop or PC through a USB port. According to the businessman, it allows everyone to try mining and become part of the cryptocurrency world.
Analysts expect a falling rate to 22 thousand and even lower. This is due to the fact that a fairly massive sale of the asset began, which caused a slight panic among smaller holders.
The idea of combining a decentralized data storage and payment system was most vividly described in the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System”.
The power plant is considered one of the oldest in the United States. It is owned by Albany Engineering Corp (AEC), which rebuilt the facility in 1986.