Bull market breather bitcoin retreats after run on $20k
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Its corporate tax rate was comparable to the U. I envision a massive transfer of hash rate to Canada, and the campaigns already taking place to lure companies are seeing a lot of excitement.
He said that there are already initiatives in the works for strategic partnerships with farmers to make use of waste heat generated by mining to heat their greenhouses. These partnerships may see results as early as next winter. Canada has already become an attractive option for some companies, as seen by the recent announcement from Hut8 and Bitfury.
This could also be a solution for many companies in China that the government seems to be pushing to shut down. HQ appears to be making some forward-looking steps to address this very unusual problem.
This article originally appeared on Bitcoin Magazine. Two San Francisco blockchain startups are teaming up, including one that is aiming to create a kind of decentralized Airbnb. Can Bitcoin Be Destroyed? How likely is an end-of-days scenario for bitcoin? Not very, according to investor Sebastien Meunier in a piece that outlines the possibilities.
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