Flexible Mining is an approach where miners can adjust their mining operations based on various factors, such as market conditions, energy costs, and mining difficulty. This method allows miners to switch between different cryptocurrencies or alter their mining intensity to optimize profitability.Miners may choose to mine the most lucrative coin at any given time, taking advantage of fluctuating prices. For instance, if one cryptocurrency’s value rises dramatically, miners may focus their resources on mining that particular asset to maximize earnings.Additionally, Flexible Mining enables users to adapt to changing electricity rates or network congestion, ensuring efficient use of resources. By leveraging strategies like remote shutdowns or hardware reallocation, miners can effectively respond to economic pressures, improving overall operational flexibility.This adaptability is crucial in a market where conditions can change rapidly, allowing miners to stay competitive and maintain profitability in an often volatile environment.
Tether Settles $299.5 Million Claim With Celsius Bankruptcy Estate
Tether has paid $299.5 million to the Celsius Network bankruptcy estate, resolving a legal dispute that stemmed from the cryptocurrency lender’s