An aerial view of several Boeing 737 MAX airplanes parked at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Lindsey Wasson | Reuters Boeing CEO Dave Calhoun on Mo...
Tag: Production
Bitcoin miners sold nearly 400% of their production in June but…
Bitcoin, the world’s largest cryptocurrency, despite the latest price hike, is finding it difficult to lure miners and prevent the exodus. For many operators, Bitcoin mining was an astonishingly lucra...
Banking Giant JPMorgan Says Lowered Cost of Bitcoin Production May Hurt Its Price – Here’s Why
Analysts at financial giant JPMorgan say the reduced cost of producing Bitcoin (BTC) may hurt the price of the leading digital asset. According to a new report, JPMorgan analysts say Bitcoin’s cost of...
JP Morgan Claims Drop In Bitcoin Production Cost Is Negative For BTC Price
The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since...
JPMorgan Chase Reports Cost Of Bitcoin Production Has Fallen To $13,000
JPMorgan Chase analysts have estimated that Bitcoin’s production cost has dropped by around $7000 over the past month. The drop in production costs could indicate a further drop in the price of Bitcoi...
Bitcoin miners still under pressure to sell but declining production costs provide relief
The recent downturn, along with a myriad of other factors, has put Bitcoin mining companies under pressure to stay operational. According to Politico, miners have also had to contend with interest rat...
Bitcoin production cost decline could be a negative for price, JPMorgan says
JPMorgan Chase & Co. strategists said that Bitcoin’s (BTC) cost of production is down by almost half to $13,000 presently from $24,000 at the start of June, Bloomberg News reported July 14, The N...
Bitcoin’s 50% Decline in Production Cost Could Further Harm its Price
Strategists at the American multinational investment bank JP Morgan Chase & Co recently revealed that bitcoin’s cost of production has dropped by nearly 50% over the last month. BTC Production Cos...
JPMorgan Says Bitcoin’s Cost of Production Has Dropped Dramatically
Alex Dovbnya American banking giant JPMorgan has noted that Bitcoin’s price has declined significantly American banking giant JPMorgan has estimated that the cost of production of one Bitcoin has plun...
Bitcoin Production Cost Dropped To $13K, Says JP Morgan. What Does This Mean for BTC Price?
Since reaching a peak of around $69,000 in November, Bitcoin has had trouble. From the Federal Reserve raising interest rates to fight inflation to the cryptocurrency industry experiencing high-profil...
JPMorgan Says Bitcoin Cost of Production May Be Down to $13,000
(Bloomberg) — Bitcoin’s cost of production has dropped from about $24,000 at the start of June to around $13,000 now, which may be seen as a negative for pricing, according to JPMorgan Chase &am...
JPMorgan Says Bitcoin Production Cost Drops 50% to $13,000, Why This Is Negative for BTC?
Wall Street banking JPMorgan has recently published a report that suggests that the Bitcoin production cost has dropped 50% over the last month. Currently, the BTC production cost stands at $13,000 do...
Italian Drought Puts One-Third Of National Agriculture Production – Like Tomatoes And Olive Oil – At Risk
Topline A historic drought in Italy could endanger 30% of the country’s agricultural production, agriculture minister Stefano Patuanelli warned lawmakers Wednesday, threatening output of staples like ...
Ripple Gets One Over the SEC as Court Orders Production of Ether-is-not-Security Hinman Speech
In the ongoing US Securities Exchange Commission (SEC) vs. Ripple Labs case, Magistrate Judge Sarah Netburn, on July 12, dismissed the agency’s appeal for the protection of William Hinman’s speech fro...
Global oil production is already near full capacity — Quartz
With US gasoline prices still above $4.50 per gallon, president Joe Biden is under immense pressure to balance the global oil market. Asking consumers to use less oil is a political dead end. His best...
Bringing Food Production Indoors: Some Examples
Indoor agriculture of various types has an increasingly important role in production of salad … [+] ingredients and herbs getty Last month the Indoor Agtech Innovation Summit was held in New Yor...
Greenidge Generation’s Bitcoin Mining Production Rose 18% in June
Greenidge Generation Holdings Inc., a US-based Bitcoin mining company, announced its mining production increased by about 18% in June. According to its monthly operating update released on Monday, Gre...
Marathon’s bitcoin production fell by 47.8% in June after storm knocked much of its mining fleet offline
Marathon self-mined 140 bitcoin in June — a 47.8% month-over-month reduction that was mainly a consequence of a storm that knocked 75% of the company’s active mining fleet offline. The bitcoin m...
Large Retailers Are Getting Hit Hardest by Overstocking
Big retailers are struggling to cope with large stockpiles of furniture, apparel and workout equipment, yet broad measures show inventories at American companies remain exceedingly lean by historical ...
Wind And Solar Production Grow As AI Fights Wildfires And Tesla Stares Down Its Chinese Rivals
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Los Angeles Times via Getty Images Last w...
Marathon Q2 Bitcoin production down 44% as fleet remains crippled
Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in Bitcoin production over the second quarter of 2022, with June registering as the company’s least productive ...
Riot Blockchain Saw a 73% YoY Increase of BTC Production in June
One of the leading cryptocurrency mining firms – Riot Blockchain – mined 421 BTC in June this year, a considerable increase compared to the 243 BTC produced in June 2021. The company has also started ...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Tesla Pauses Plants After Ending Shaky Quarter With a Production Milestone
(Bloomberg) — Tesla Inc. investors have a lot to parse after the July 4 holiday: a disappointing quarter of deliveries, a record month of production, and now several weeks of downtime at multipl...
Palladium price outlook as Russia looks to limit production
Jonathan Barratt is the CEO of CelsiusPro Australia, a boutique climate risk InsurTech company. In an interview with CNBC, Mr. Barratt raised the interesting proposition that Russia, being a major pro...
Disney Ups Their Unscripted Game By Forming New Production Unit To Create And Sustain Series
THE BACHELORETTE – ABC’s “The Bachelorette” stars Gabby Windey and Rachel Recchia. (ABC/Gizelle Hernandez) Announcing a newly formed unit, Walt DisneyDIS Television Alternative, the company has elevat...
North America Auto Production Slowly Rebounds: S&P Global Mobility
Ford Motor Co. Dearborn Truck Plant Photo: Charlotte Smith/Ford Motor Co. North American auto production is rebounding somewhat in 2022 – S&P Global Mobility said this week it expects production o...