NEW YORK, Aug. 25, 2021 /PRNewswire/ -- The cryptocurrency market is on the rebound. This year has been full of important development for digital currencies and the global infrastructure supporting this market. After a troublesome and volatile period of time for cryptocurrencies in recent months due to a political crackdown in China on crypto miners, concerns over stronger regulations from governments and the immense energy required to mine Bitcoin, the prices of many of cryptos are once again on the rise. According to a report by CNBC, Bitcoin's biggest investors appear to be upping their positions as the price recovers. In fact, cryptocurrency accounts holding roughly USD 50 Million or more worth of Bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. ISW Holdings Inc. (OTC: ISWH), Bit Digital, Inc. (NASDAQ: BTBT), Riot Blockchain, Inc. (NASDAQ: RIOT), The9 Limited (NASDAQ: NCTY), BIT Mining Limited (NYSE: BTCM)
Some of the problems that the crypto market was recently facing are already being solved. For example, by the latest estimates, the Bitcoin network uses as much energy in one year as the country of Argentina. Yet, some companies in the crypto and blockchain market have taken steps to improve the situation. Manhattan Solar Partners, LLC, a joint venture between BIT5IVE, LLC and GMine LLC, recently announced plans to build crypto data centers utilizing over a gigawatt of renewable energy in...
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