CBOE BTC Futures to Expire on March 14

At the moment of press, 4 month contracts for BTC are traded on the exchange
12 March 2018   1739

Currently, four monthly contracts for Bitcoin are traded on the exchange. The nearest of them expires on Wednesday. This is reported by Forbes.

According to the data, over the past week the contract was traded in the price range between the minimum of $ 8,380 and the maximum at $ 11710 with a difference of 28.4%.

Such a volatility was facilitated by the announcement of the SEC on mandatory registration of online platforms that deal with the trade in digital currencies.

It is expected that this week, among other factors affecting the value of Bitcoin, there may be added volatility, which is also associated with the expiration of the contract.

Since Bitcoin trades without interruptions, and CBOE working hours are limited, the movement of the value of the cryptocurrency at the weekend is not taken into account by the exchange, which is why some investors may lose their money.

Before the February espiration of futures, many users expected a decrease in the price of Bitcoin, based on the state of the market before the close of trading in January, however, this did not happen.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   54

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.