🐂 HBO Will Reveal the True Identity of Satoshi Nakamoto

🌍 On October 9, a documentary film from HBO will premiere, in which the creators promise to uncover the identity of the creator of Bitcoin.

🌍 Director Cullen Hoback stated that he dedicated three years to investigating this mystery, and a key moment in revealing the secret was the CEO of Blockstream, Adam Back.

“In our film, we present very compelling arguments, and I am confident that the person we focus on will surprise many and spark numerous discussions,” the director noted.

🌍 Politico emphasized that if the results of the investigation are accepted by the public, it could lead to significant changes in global financial markets and even impact the presidential elections in the United States.

🌍 According to experts, the creator of the first cryptocurrency holds 1.1 million BTC in their account.

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🐂 UAE cancels VAT on transfers and conversions of cryptocurrencies

⏺The authorities of the United Arab Emirates are abolishing the value-added tax (VAT) on cryptocurrency transactions, including transfers and conversions.

⏺On October 2, the Federal Tax Authority (FTA) of the UAE published updates to VAT regulations. According to consulting firm PwC, the new rules exempt investment fund management services and transactions involving virtual assets from VAT.

⏺The auditing firm clarified that in the UAE, virtual assets are considered instruments subject to digital trading or conversion and used for investment purposes. It is important to note that this definition does not cover fiat currencies or financial securities.

⏺As the publication points out, the UAE aims to become a cryptocurrency hub by lowering barriers for investors from around the world.


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🐂 Uminers is nominated in two categories at the Blockchain Life Awards 2024:

⏺Mining distributor of the year
⏺ Company of the Year

Blockchain Life Awards 2024 is the 11th international independent award in the field of the Internet, cryptocurrencies, mining and an important part of the Blockchain Life 2024 forum.

The winners in each category are determined by online public voting from October 7 to October 20 on the official website:

https://blockchain-life.com/awards-2024/

We need your support! Follow the link and cast your vote for Uminers in the following categories.

🌐 @uminersglobal
www.uminers.com

🐂 Mayor of Rockdale Talks About Saving the Town Through Mining

⏺The mayor of Rockdale, Texas, Ward Rodham, discussed how Bitcoin mining has helped residents escape poverty and restore infrastructure. Rockdale was once an industrial hub with an Alcoa plant that closed in 2008 due to rising energy prices, leading to job losses and a decline in tax revenues.

⏺However, the robust energy infrastructure left behind by the plant made the town attractive for mining operations. As a result, mining companies created hundreds of new jobs and invested over $1 billion in the region, becoming major taxpayers. Additionally, they contribute funds for local needs such as education, safety, and sports.

🌐 @uminersglobal

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🐂 Bitmain has introduced new models of ASIC miners!

At the Bitcoin Amsterdam conference, Bitmain presented new miner models based on the SHA-256 algorithm: the Antminer S21+ Hyd and the Antminer S21+.

Antminer S21+ Hyd
Hashrate: 319 Th/s
Energy efficiency: 15 J/T
Power consumption: 4785 W

Price: $5285

Antminer S21+
Hashrate: 216 Th/s
Energy efficiency: 16.5 J/T
Power consumption: 3564 W

Price: $3740

🌐 @uminersglobal

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🐂 Blockchein Life 2024
In just a week, we will meet in Dubai at the international forum Blockchain Life 2024. Don’t miss the event of the year:
https://blockchain-life.com/asia/en/?utm_source=sponsor&utm_medium=referral&utm_campaign=uminers

🐂 Use the promo code UMINERS for a 10% discount!

🐂 Larry Fink: Bitcoin is an Asset Class, Like Gold

⏺ Larry Fink, CEO of BlackRock, has recognized Bitcoin as a valid investment, likening it to gold. In the Q3 2024 earnings call, he addressed Bitcoin's potential for market growth despite existing regulatory hurdles. Fink expressed a positive outlook on Bitcoin's future, highlighting the influence of cryptocurrencies and blockchain technology on global finance.

⏺He remarked, "We consider Bitcoin to be an asset class in its own right," and noted the growing acceptance of digital assets. BlackRock's iShares Bitcoin Trust (IBIT) has seen $23 billion in inflows since its launch in January 2024, while the iShares Ethereum Trust (ETHA) attracted over $1 billion within its first two months.

⏺ Fink forecasted that Bitcoin could eventually rival the US housing market, which is currently valued at $49.6 trillion. He underscored the significance of transparency, liquidity, and analytics for the advancement of digital assets.

🌐 @uminersglobal

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🐂 Ethiopia is becoming one of the centers for mining.

⏺Currently, electricity consumption for mining purposes in Ethiopia is 600 MW, which accounts for over 10% of the country's total consumption of 5,200 MW. This highlights the significance of cryptocurrency mining for Ethiopia's economy.

⏺By the end of 2024, the government plans to increase mining capacity by several hundred megawatts, with hydroelectric power stations remaining the primary source of energy.

⏺A favorable regulatory environment and support from the government create conditions for innovation and the implementation of advanced technologies in mining operations. As a result, Uminers has become one of the first companies to begin building its own data center in Ethiopia, launching the first phase of 100 MW by the end of 2024.

🌐 @uminersglobal

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www.uminers.com

🐂 The price of Bitcoin (BTC) has surpassed $68,000

🪙 Bitcoin (BTC) has reached a new high for October, climbing to $68,000.
The overall market capitalization of cryptocurrencies has reached $2.4 trillion, while the daily trading volume stands at $81 billion.

📈 According to a CoinDesk report, market sentiment is shifting towards buying, fueled by positive economic indicators from both China and the United States. The Fear and Greed Index in the cryptocurrency space has moved out of the fear territory and is currently at 73 out of 100.

⭕️ Bitcoin's price experienced a significant surge following the gains in Chinese stocks during the morning session on October 14.

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🐂 Uminers. News

🐂 The Trump Family's Crypto Project Sold Tokens for Only 4% of the Planned Amount

⭕️The sale of tokens for the crypto platform World Liberty Financial, which includes three of Donald Trump's sons on its team, was personally announced by him through his account on X. The platform is built on the Ethereum blockchain and utilizes the largest lending crypto protocol on the market, Aave.

⭕️Despite the hype, the project team managed to attract only 4% of the amount they aimed to raise from the token sale. According to the project's "roadmap," they planned to raise $300 million through the sale of WLFI tokens, with a project valuation of $1.5 billion, but the actual sales volume amounted to only $11.5 million.

⭕️According to the terms, buyers are not allowed to sell or even transfer WLFI tokens to anyone for a year.

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🐂 Uminers. News

🐂 DIGEST 14-18 OCTOBER

Stay ahead in the crypto world with our latest digest, covering essential updates and insights from the crypto mining industry

⭕️Blockchein Life 2024 - show more

⭕️Larry Fink: Bitcoin is an Asset Class, Like Gold - show more

⭕️Ethiopia is becoming one of the centers for mining - show more

⭕️The price of Bitcoin (BTC) has surpassed $68,000 - show more

⭕️The Trump Family's Crypto Project Sold Tokens for Only 4% of the Planned Amount - show more

🌐 @uminersglobal

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🌍 www.uminers.com

🐂 Uminers. News

❗️Blockchain Life 2024 starts tomorrow❗️

🐂 UMINERS is engaged, once again, as the event's general sponsor, so be sure to visit our booth A1. We have many exciting and surprising gifts reserved for the forum guests!

⚡️ Join us at the year's most important crypto conference.

❗️ This is an event you can't miss! See you in Dubai!

🌐 @uminersglobal

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🐂 Uminers. Events

🐂 As part of the Blockchain Life 2024 forum, a raffle for valuable prizes was held among the guests!

Congratulations to the winners, and thank you all for participating!

🌐 @uminersglobal

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🌍 www.uminers.com

🐂 Uminers. Events