Search Results for: pay down debt

Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

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The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are…

Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’

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Economist Peter Schiff has predicted that the U.S. dollar will have “one of its worst years ever” en 2023, warning that the inflation problem is “about to get much worse.” He also shared his prediction about the worst-performing sectors of the…

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

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While bitcoin prices have been lower than the estimated cost of bitcoin production, la red’s hashrate has dropped a great deal since mid-November. Ahora, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exhash por segundo (EH/s)…

Las acciones de Core Scientific fueron rebajadas después de que la presentación ante la SEC insinuara una posible quiebra

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Uno de los mineros de bitcoins que cotizan en bolsa más grandes, Núcleo científico, ha sacudido a los inversores con una reciente presentación ante los EE.UU.. Comisión de Bolsa y Valores que plantea la posibilidad de que la empresa pueda solicitar protección por quiebra. The filing notes that Core Scientific…

Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’

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Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. es “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? por supuesto…

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 billones

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A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. índice de precios al consumidor (IPC) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt…

Las operaciones mineras de Bitcoin continúan expandiéndose en medio del criptoinvierno, Al convertir 'gas desperdiciado en energía a escala'

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La industria minera de bitcoins continúa expandiéndose a medida que las empresas obtienen más megavatios de capacidad., construyendo nuevas instalaciones, y adquirir miles de circuitos integrados para aplicaciones específicas (asico) plataformas mineras. El viernes, la firma Validus Power reveló que adquirió dos gas natural…

Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner

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Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Por lo tanto, even when the price is hovering around $20,000, a bitcoin miner…