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How collapsing oil prices could have a positive effect on US miners

Andreas Antonopoulos has recently so that he can see the recent downturn in oil prices as a net positive for crypto miners on a global scale.  Speaking at the end of last week, he posted a video where he said that the oil prices could have a positive effect for miners by providing cheaper electricity. The well-known advocate for the leading cryptocurrency, Andreas Antonopoulos has recently so that he can see the recent downturn in oil prices as a net positive for crypto miners on a global scale. Speaking at the end of last week on the 27th of May,...

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Despite COVID19, Portable Data Center and Cryptocurrency Mining Company SLiC Closes a Successful Seed Round!

SLiC has closed it’s Seed Round valuing the company at USD 12 MN post-money. This was a very exciting achievement in a not so friendly global environment. I am very proud of what the team has accomplished using applications such as Zoom to communicate with investors and our team. What is SLiC International? SLiC International Ltd (SLiC) is an Immersion Cooled, Portable Data Center (PDC) company, incorporated in Bermuda. After a successful Seed Round the company is due to launch it’s Series A Funding Round later in 2020. You Can Review the SLiC Press Release via LinkedIN. Seed funding has...

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Antonopoulos on the halving: even if the miners shut down, the network is still in safe hands

Recently speaking in his podcast, Andreas Antonopoulos gave his opinion that Miners could be subsidised. However, many critics of bitcoin made the argument that transaction fees on their own won’t be able to provide the security on the network. Recently speaking in his podcast, one well-known bitcoin advocate, Andreas Antonopoulos gave his opinion that if the total amount of transaction fees increase on the bitcoin network, Miners could be subsidised and that the amount of fees and the value will be worth the security of the network. He further says:  “We’ll have to wait and see if we’ll see more...

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Could the oil price make bitcoin mining a more lucrative investment?

Earlier this month on the 20th of April, the United States oil futures contracts for May delivery slipped due to storage problems.  The price of oil quickly fell below zero and what followed was a significant round of FUD in the market as well as other commodities. Earlier this month on the 20th of April, the United States oil futures contracts for May delivery slipped due to storage problems. The price of oil quickly fell below zero and what followed was a significant round of FUD in the market as well as other commodities. When it comes to bitcoin, the...

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Gas/oil companies and bitcoin mining

Bitcoin mining has been often seen as a controversial topic.  This is due to its massive use of power and electricity however Marty Bent has accepted a solution with open arms he says could reduce waste in the oil and gas sector. Bitcoin mining has been often seen as a controversial topic. This is due to its massive use of power and electricity however one podcaster, Marty Bent has accepted a solution with open arms which he says could actually reduce waste in the oil and gas sector. In a blog post published earlier this week on the 15th of...

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