🏆 We Have Our Champions! 🏆
👑 Royalty AI-Pool Winners:
🥇 First Place: Congratulations to who secured the top spot with an impressive 15,000 Apex Coins! 🥇💰
🥈 Second Place: Kudos for their stellar performance, earning them 10,000 Apex Coins. 🥈💰
🥉 Third Place: A big round of applause, who clinched the third spot with 5,000 Apex Coins. 🥉💰
🏰 Dominion AI-Pool Champions:
🥇 First Place: Let's celebrate , the undisputed champion of the Dominion AI-Pool, with an astonishing 30,000 Apex Coins! 🥇💰
🥈 Second Place: Bravo, securing the second spot with a remarkable 20,000 Apex Coins. 🥈💰
🥉 Third Place: takes the third spot with an impressive 15,000 Apex Coins, showing true dedication. 🥉💰
💥 Bonus Round Standouts:
Our Bonus Round brought additional thrills to the event!
🥇 First Place: A special mention, earning the top spot in the Bonus Round with 2,000 Apex Coins. 🥇💰
🥈 Second Place: A hearty congratulations, securing the second spot with 1,500 Apex Coins. 🥈💰
🥉 Third Place: Well done, for taking the third spot with 1,500 Apex Coins in the Bonus Round. 🥉💰
🌠 The Journey Continues:
Thank you to all our participants for making this an unforgettable adventure. We hope you enjoyed the thrill of the Grand Revival: Fall Prize Season. Stay tuned for more exciting events and opportunities with Apex One AI. Your journey to financial prosperity continues, and we're here to make it extraordinary! 🚀💎
Warmest Regards,
The Apex One AI Team 🌟🚀
The results are in, and we're thrilled to announce the outstanding winners of our Grand Revival: Fall Prize Season.🌟👑 Royalty AI-Pool Winners:
🥇 First Place: Congratulations to who secured the top spot with an impressive 15,000 Apex Coins! 🥇💰
🥈 Second Place: Kudos for their stellar performance, earning them 10,000 Apex Coins. 🥈💰
🥉 Third Place: A big round of applause, who clinched the third spot with 5,000 Apex Coins. 🥉💰
🏰 Dominion AI-Pool Champions:
🥇 First Place: Let's celebrate , the undisputed champion of the Dominion AI-Pool, with an astonishing 30,000 Apex Coins! 🥇💰
🥈 Second Place: Bravo, securing the second spot with a remarkable 20,000 Apex Coins. 🥈💰
🥉 Third Place: takes the third spot with an impressive 15,000 Apex Coins, showing true dedication. 🥉💰
💥 Bonus Round Standouts:
Our Bonus Round brought additional thrills to the event!
🥇 First Place: A special mention, earning the top spot in the Bonus Round with 2,000 Apex Coins. 🥇💰
🥈 Second Place: A hearty congratulations, securing the second spot with 1,500 Apex Coins. 🥈💰
🥉 Third Place: Well done, for taking the third spot with 1,500 Apex Coins in the Bonus Round. 🥉💰
🌠 The Journey Continues:
Thank you to all our participants for making this an unforgettable adventure. We hope you enjoyed the thrill of the Grand Revival: Fall Prize Season. Stay tuned for more exciting events and opportunities with Apex One AI. Your journey to financial prosperity continues, and we're here to make it extraordinary! 🚀💎
Warmest Regards,
The Apex One AI Team 🌟🚀
🏆 Celebrating Our Victors! 🏆
The moment we've all been waiting for has arrived! We're thrilled to announce the remarkable winners of our recent competition. 🌟
🥇 First Place: A massive round of applause for kerim.******, B84BC7F51EF0 whose incredible performance has earned them a spectacular reward of 2,000 APEX! 🥇💰
🥈 Second Place: Let's give a standing ovation to g.al****, 5C84C6E9425C who's secured the second spot and been awarded a fantastic prize of 1,500 APEX. 🥈💰
🥉 Third Place: We can't forget hami****, E8A76F47ACA5 who's taken the third spot with a fantastic prize of 1,500 APEX as well. 🥉💰
These outstanding individuals have truly proven their skills and dedication. 🚀
Stay tuned for more exciting events and opportunities with us. Your journey to financial prosperity is just beginning, and we're here to make it extraordinary! 🌟💎🚀
The moment we've all been waiting for has arrived! We're thrilled to announce the remarkable winners of our recent competition. 🌟
🥇 First Place: A massive round of applause for kerim.******, B84BC7F51EF0 whose incredible performance has earned them a spectacular reward of 2,000 APEX! 🥇💰
🥈 Second Place: Let's give a standing ovation to g.al****, 5C84C6E9425C who's secured the second spot and been awarded a fantastic prize of 1,500 APEX. 🥈💰
🥉 Third Place: We can't forget hami****, E8A76F47ACA5 who's taken the third spot with a fantastic prize of 1,500 APEX as well. 🥉💰
These outstanding individuals have truly proven their skills and dedication. 🚀
Stay tuned for more exciting events and opportunities with us. Your journey to financial prosperity is just beginning, and we're here to make it extraordinary! 🌟💎🚀
ETHER SURGES ABOVE $2,000 ON BLACKROCK ETF HOPES
Ether is trading above $2,000 for the first time since April after it came to light that BlackRock, the world’s largest asset management firm with nearly $10T in AUM, has registered an entity called the iShares Ethereum Trust in Delaware.
The registration was first spotted by X user Summers on Delaware’s Division of Corporations website. They noted that BlackRock created a similar entity a week before filing its spot Bitcoin ETF application with the SEC.
Meanwhile, Bitcoin bulls continue to cheer as the digital asset shows no signs of slowing down, briefly trading near $38,000 for the first time since May 2022, prior to the collapse of Terra’s ill-fated UST stablecoin.
https://apexone.ai/en/blog/category/crypto-news/article/ether-surges-above-usd2-000-on-blackrock-etf-hopes
Ether is trading above $2,000 for the first time since April after it came to light that BlackRock, the world’s largest asset management firm with nearly $10T in AUM, has registered an entity called the iShares Ethereum Trust in Delaware.
The registration was first spotted by X user Summers on Delaware’s Division of Corporations website. They noted that BlackRock created a similar entity a week before filing its spot Bitcoin ETF application with the SEC.
Meanwhile, Bitcoin bulls continue to cheer as the digital asset shows no signs of slowing down, briefly trading near $38,000 for the first time since May 2022, prior to the collapse of Terra’s ill-fated UST stablecoin.
https://apexone.ai/en/blog/category/crypto-news/article/ether-surges-above-usd2-000-on-blackrock-etf-hopes
BITCOIN MINING REVENUE HITS YEARLY HIGHS OF OVER $42.3M
On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain. This surge coincided with Bitcoin's price spiking to over $37,000 on the same day, driven by heightened expectations surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC).
The upswing in mining revenue is attributed to the combined impact of Bitcoin's price increase and heightened network activity. Lane Kasselman, President of Blockchain, pointed out that increased network congestion results in higher transaction fees, contributing to miners' earnings. While network congestion in May was influenced by demand for Ordinals—a concept akin to NFTs—the current surge is primarily linked to the escalating price of Bitcoin.
The anticipation of U.S. spot Bitcoin ETF approval has played a pivotal role in the recent price rally. The SEC, known for historically rejecting Bitcoin ETF applications, is facing a unique situation with the expiration of deadlines for rebuttal comments on multiple pending ETF applications, potentially leading to the simultaneous approval of 12 Bitcoin ETFs.
Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form.
https://apexone.ai/en/blog/category/crypto-news/article/bitcoin-mining-revenue-hits-yearly-highs-of-over-usd42-3m
On November 9, Bitcoin mining revenue reached a new yearly peak, totaling $42,386,514.038, surpassing the previous high of $41,744,197.067 in May 2023, as per data from Blockchain. This surge coincided with Bitcoin's price spiking to over $37,000 on the same day, driven by heightened expectations surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC).
The upswing in mining revenue is attributed to the combined impact of Bitcoin's price increase and heightened network activity. Lane Kasselman, President of Blockchain, pointed out that increased network congestion results in higher transaction fees, contributing to miners' earnings. While network congestion in May was influenced by demand for Ordinals—a concept akin to NFTs—the current surge is primarily linked to the escalating price of Bitcoin.
The anticipation of U.S. spot Bitcoin ETF approval has played a pivotal role in the recent price rally. The SEC, known for historically rejecting Bitcoin ETF applications, is facing a unique situation with the expiration of deadlines for rebuttal comments on multiple pending ETF applications, potentially leading to the simultaneous approval of 12 Bitcoin ETFs.
Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form.
https://apexone.ai/en/blog/category/crypto-news/article/bitcoin-mining-revenue-hits-yearly-highs-of-over-usd42-3m
Tether Expands into Bitcoin Mining With $500M Investment
Tether, a company specializing in stablecoins, is preparing for a significant expansion into Bitcoin mining, with a planned investment of approximately $500 million over the next six months. In an interview with Bloomberg, Paolo Ardoino, the expected CEO of Tether, shared the company's intentions to construct mining facilities and invest in other miners. The focus of this expansion will be on establishing mining sites in Uruguay, Paraguay, and El Salvador, with the goal of increasing Tether's computing power to represent 1% of the BTC mining network. These new facilities will have a capacity ranging from 40 to 70 megawatts.
This mining investment is part of Tether's recent $610 million debt financing facility, which was extended to German miner Northern Data Group. Tether has been actively increasing its loans throughout the year and had previously made a strategic investment in Northern Data Group to support initiatives related to artificial intelligence.
Ardoino outlined Tether's mining objectives, aiming to achieve 120 megawatts of direct mining operations by the end of this year and an impressive 450 megawatts by the end of 2025. The company is also considering the establishment of a 300-megawatt facility and plans to set up its mining infrastructure inside containers that can be relocated based on fluctuations in electricity prices. Ardoino emphasized that Tether's approach to mining is gradual, stating, "We are not in a hurry to become the largest miner in the world."
In December, Paolo Ardoino will assume the role of Tether's CEO while maintaining his position as the chief technical officer of parent company Bitfinex, as previously announced in October.
Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form.
https://apexone.ai/en/blog/category/crypto-news/article/tether-expands-into-bitcoin-mining-with-usd500m-investment
Tether, a company specializing in stablecoins, is preparing for a significant expansion into Bitcoin mining, with a planned investment of approximately $500 million over the next six months. In an interview with Bloomberg, Paolo Ardoino, the expected CEO of Tether, shared the company's intentions to construct mining facilities and invest in other miners. The focus of this expansion will be on establishing mining sites in Uruguay, Paraguay, and El Salvador, with the goal of increasing Tether's computing power to represent 1% of the BTC mining network. These new facilities will have a capacity ranging from 40 to 70 megawatts.
This mining investment is part of Tether's recent $610 million debt financing facility, which was extended to German miner Northern Data Group. Tether has been actively increasing its loans throughout the year and had previously made a strategic investment in Northern Data Group to support initiatives related to artificial intelligence.
Ardoino outlined Tether's mining objectives, aiming to achieve 120 megawatts of direct mining operations by the end of this year and an impressive 450 megawatts by the end of 2025. The company is also considering the establishment of a 300-megawatt facility and plans to set up its mining infrastructure inside containers that can be relocated based on fluctuations in electricity prices. Ardoino emphasized that Tether's approach to mining is gradual, stating, "We are not in a hurry to become the largest miner in the world."
In December, Paolo Ardoino will assume the role of Tether's CEO while maintaining his position as the chief technical officer of parent company Bitfinex, as previously announced in October.
Let us know what you loved about this article, what could be improved, or share any other feedback by filling out this short form.
https://apexone.ai/en/blog/category/crypto-news/article/tether-expands-into-bitcoin-mining-with-usd500m-investment
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