Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand rapidly increases. Sweden’s Energy Minister Khashayar Farmanbar told Bloo...
Tag: Demand
House, Senate Democrats push regulators to demand data from Bitcoin miners
A group of Congress members including US Sen. Elizabeth Warren and US Rep. Jared Huffman sent a letter to the Department of Energy (DOE) and Environmental Protection Agency (EPA) Friday asking regulat...
Gasoline Demand Is the Lowest in a Year. Blame Remote Work, Not Pump Prices.
Text size U.S. crude oil inventory levels still remain 5% below the five-year average for this time of year. Brandon Bell/Getty Images It isn’t just high oil prices, but Americans working from home th...
Demand for Crypto Mixers Hits ATH, Illicit Address Activities Draws Majority
The rising use of mixers in the crypto space draws public attention. Criminals and their illicit activities are being accused of involving in this situation, according to Chainalysis. The blockchain ...
TSLA is losing market share despite rising demand for EVs
Demand for electric vehicles (EVs) is apparently heating up; however, not all brands are fully benefitting from the increased interest. Namely, according to data released by Motor Intelligence, Tesla ...
Delta Air Lines Demand Is So Strong ‘There Is A Fight To Get On The Airplane,’ CEO Says
Travelers pass through Hartsfield Jackson International Airport on July 2nd, 2022 as July 4th travel … [+] begins. (Photo by Nathan Posner) Anadolu Agency via Getty Images Delta Air LinesDAL sai...
Why Bitcoin? Chinese Protesters Demand Frozen Deposits
Over 1,000 Chinese protesters stormed Zhengzhou, a city in China’s central province Henan, on Sunday to express their disapproval of the fund freeze carried out by local banks, and also retrieve their...
Demand Response: Texas Bitcoin Miners To Shut Operations To Alleviate The Grid
A heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the moment where the demand response program shows what it can do for the Texan community, but that’s sti...
Demand for Smartphones Is Slowing. These 3 Stocks Could Be Hurt, Analysts Say.
Text size Qorvo is more at risk from the slowdown in the economy than other makers of wireless chips because it focuses more on the lower end of the market, according to Cowen. Dreamstime Wall Street ...
Vauld Customers Demand Swapping Enabled, As Nexo Update Awaited
As anxious customers await an update on Vauld’s future course of action, there are rising demands for allowing minimal features. The users are asking for clarity what could be the fate of their funds....
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility – Mining Bitcoin News
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery p...
$1,200 ETH Is in High Demand According to This Data
Gamza Khanzadaev $1,200 per ETH seems like very attractive price for small crypto investors According to fresh data presented by Glassnode, crypto investors are rushing to buy Ethereum at the current ...
TSMC Sales Soar 44% in Another Sign of Resilient Tech Demand
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported better-than-expected quarterly revenue, providing another signal that electronics demand is holding up better than feared. Most Read...
Russia: increasing demand for crypto hardware wallets
Due to the restrictions introduced by foreign sanctions against Russia, many are opting to use crypto, which is why demand for hardware wallets, one of the safest ways to store these assets, is increa...
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia – Bitcoin News
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger a...
Mortgage demand sinks even as rates drop
People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Mortgage rates dropped for the second week in a row, but that didn’t ...
Founder Of Apple Distributor Com7 Joins Ranks Of Thailand’s 50 Richest As Demand Explodes
This story appears in the July 2022 issue of Forbes Asia. Subscribe to Forbes Asia Sura Khanittaweekul Kittidech Charoenporn/Forbes Thailand This story is part of Forbes’ coverage of Thailand’s ...
Zimbabwe Sells Gold Coins to Ease US Dollar in High Demand
(Bloomberg) — Zimbabwe’s central bank plans to sell gold coins to the public from July 25 as a store of value to stabilize the nation’s tumbling currency and offer an alternative to the US dolla...
Nvidia Sees Crypto Mining Demand Cooling, Semiconductor Companies Slash Earnings Forecasts
The crypto bear market and declining demand for crypto mining chips have caused semiconductor companies to batten down the hatches. Bank of America analysts say that semiconductor downturns happen eve...
Decrease in demand for crypto mining rigs affected GPU prices
Data shows GPU prices have continuing to travel down recently as Ethereum mining profits are observant of a decline. Knowledge from the technical school outlet Tom’s Hardware suggests graphics cards p...
Oil Swings as Traders Grapple With Recession Concerns, Demand
(Bloomberg) — Oil fluctuated as investors weighed concerns that a global slowdown will erode demand against still-solid physical market signals. Most Read from Bloomberg West Texas Intermediate ...
Here’s how a massive labor shortage and pent-up demand helped create a chaotic summer for airlines
Each holiday weekend this summer has ended in chaos for many travelers facing huge numbers of flight cancellations and delays. July Fourth weekend could likely be more of the same. More flights have a...
Surging Fuel Costs Are Causing Demand Destruction, Says Vitol
(Bloomberg) — The global surge in the cost of fuel is starting to weigh on demand, according to the world’s biggest independent oil trader. Most Read from Bloomberg Consumers are being hit by th...
Nvidia Game Card Prices Fall Along With Crypto Mining Demand
(Bloomberg) — The turmoil in the cryptocurrency industry has ravaged portfolios and left large and small investors struggling to adapt. It’s also taken a toll on a corner of the tech world that ...
Semiconductor stocks are ‘one of the safest places to be’ despite weakening demand
Amidst reports of weakening demand for PCs and Smartphones, a Stifel analyst continues to recommend semiconductor stocks for the long-term investors. Ho explains why he’s sticking to semiconduct...
Dogecoin (DOGE), Shiba Inu (SHIB) Gain Demand, Here’s Why
Dogecoin (DOGE) and Shiba Inu (SHIB) prices are showing strength despite the recent market-wide correction. On-chain analysis suggests a growing interest in coins as the number of unique addresses acc...
Ethereum Classic: These levels could be the demand zone next week
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Like many altcoins in the crypto sphere, Ethereum Classic [ETC] h...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings for its latest quarter. “Recently, the industry demand environmen...
Senators Demand $632 Million For Coast Guard Yard
The Coast Guard Yard in Baltimore, Maryland. U.S. Coast Guard In Congress, a bipartisan effort is coming together to help boost the Coast Guard’s aged and underfunded ship repair infrastructure. On Ju...