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Hash Rate, Fee Changes Don't Hurt Bitcoin - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides


Apr 20, 2021
A recent plummet in hash rate and spike in transaction fees has raised some questions about Bitcoin’s resilience. But they shouldn’t.
Over the weekend, the Bitcoin hash rate dropped off a cliff, leaving many industry participants wondering what had happened. Over the last couple of days, information and context has been provided by industry experts as to what was behind this steep fall in hash rate.
For instance, this Twitter thread by Mustafa Yilham does a great job explaining the current situation.
TLDR: A large amount of Bitcoin miners in the Xinjiang region had to shut off their machines, due to a water leakage in a coal mining plant that led the central and local governments in China to temporarily shut down operations at other coal mining operations. As it is still the “dry season” in China, a majority of Bitcoin mining operations leverage under-utilized/over-supplied electricity sources, of which a majority in China (about 80%) a ....

Mustafa Yilham , Lightning Network , Hash Rate , Transaction Fees , மின்னல் வலைப்பின்னல் , ஹாஷ் ரேட் , பரிவர்த்தனை கட்டணம் ,

Welcome To IANS Live - LatestNews - Moreno, Lasso begin govt transition in Ecuador


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Quito, April 20 (IANS) Ecuador s President Lenin Moreno received President-elect Guillermo Lasso at the presidential palace in Quito to officially start the government transition process, with just over a month to go before the end of the current administration.
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Update: 20-April-2021 ....

Guillermo Lasso , Lenin Moreno , News Service , India Private , President Lenin Moreno , President Elect Guillermo Lasso , All Rights , கில்லர்மோ லாசோ , லெனின் மேலும் , செய்தி சேவை , இந்தியா ப்ரைவேட் , ப்ரெஸிடெஂட் லெனின் மேலும் , அனைத்தும் உரிமைகள் , சரியான நேரத்தில் ,

Welcome To IANS Live - INTERNATIONAL - Moreno, Lasso begin govt transition in Ecuador


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IANSLive
Quito, April 20 (IANS) Ecuador s President Lenin Moreno received President-elect Guillermo Lasso at the presidential palace in Quito to officially start the government transition process, with just over a month to go before the end of the current administration.
To get full access of the story, click here to subscribe to IANS News Service
© 2021 IANS India Private Limited. All Rights Reserved.
The reproduction of the story/photograph in any form will be liable for legal action.
For news, views and gossips, follow IANS at Twitter.
Update: 20-April-2021 ....

Guillermo Lasso , Lenin Moreno , News Service , India Private , President Lenin Moreno , President Elect Guillermo Lasso , All Rights , கில்லர்மோ லாசோ , லெனின் மேலும் , செய்தி சேவை , இந்தியா ப்ரைவேட் , ப்ரெஸிடெஂட் லெனின் மேலும் , அனைத்தும் உரிமைகள் , சரியான நேரத்தில் ,

Nifty: Large corrections unlikely, but 14,250 support crucial


Large corrections unlikely, but 14,250 support crucial
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Last Updated: Apr 19, 2021, 07:19 AM IST
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Synopsis
Stock indices fell 1.5% last week and are down 7% since record high levels that were hit in mid February. Technical analysts see the broader index facing resistance at 14,900 and 15,000. The Nifty ended up 36.40 points, or 0.25%, at 14,617.85 on Friday.
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Technical and derivatives analysts say the Nifty index is likely to find major support at 14,250 level. The market sentiment continues to be weighed down by the record daily surge in coronavirus cases but analysts believe that big corrections are unlikely unless the index breaches the above level. Stock indices fell 1.5% last week and are down 7% since record high levels that were hit in mid February. Technical analysts see the broader index facing resistance at 14,900 and 15,000. The Nifty ended up 36.40 points, or 0.25%, at 14,617.85 on Friday. ....

Bank Nifty , Nifty Midcap , Nifty Index , வங்கி நிஃப்டி , நிஃப்டி குறியீட்டு ,