Bitcoin traders were waiting for the price to drop to the support at $9,500 but this was not to be. Instead of dropping further, the price stabilized at the $9,800 level and continued its upward momentum. However, the next hurdle is the $10,400 area where Bitcoin currently finds resistance. Miners now keep running the remaining old machines since a high bitcoin price at the moment (above $10,000 since the weekend) keeps such operations profitable, while waiting for new models to be delivered. While most mining farms remain open during the Chinese New Year, there have been incidents where mining farms were shut by local governments due to the Wuhan Coronavirus outbreak. Sharding to Scale Ethereum 2.0 which is a database scaling solution. There are two reasons for which a database might need scaling. Too much load and too much data. In these cases, the database can be sharded. Litecoin Foundation revealed that they entered into a strategic partnership with Cred to offer interests on LTC held as collateral. With this move, Cred clients get the chance to freeze up their holdings with Cred. As more people and industry stakeholders will discover $CHZ in the next few days/weeks, it is time for a recap thread courtesy of Alexander Dreyfus. What exactly is Chiliz CHZ? References: Bitcoin Price Rebounds Strongly https://ift.tt/2uG726v Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment https://ift.tt/2OMorBp https://ift.tt/2tT4KR6 Ethereum Price Explodes, Now Up 100% in 50 Days. 100K Validators Flock to Stress Test Lighthouse Ethereum 2.0 Testnet https://ift.tt/39pTLxy Litecoin Collaborates with Cred https://ift.tt/2SlxJ9K Cliliz Founder Alex Dreyfus Recaps Chiliz and is getting excited about next ‘announcement’? https://twitter.com/alex_dreyfus/status/1227535716512608258 https://twitter.com/alex_dreyfus/status/1227215094716805121 --------- #Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano --------- New Weekly CryptoTag #Giveaway - Simply Subscribe to Altcoin Buzz and drop a comment on the Video - Winners for this weekly giveaway will be announced on every Saturday --------- Altcoin Buzz Free Newsletter: https://ift.tt/2KaADZC Sign up for Crypto.com and We Both Get $50 USD https://ift.tt/2P7Alq9 Sign up for eToro https://ift.tt/2KxN3uI --------- Visit our website: https://altcoinbuzz.io Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://ift.tt/2EyHESp Telegram: https://ift.tt/2DJ5Uhp ---------- NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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