Bitcoin ( BTC ) has continued to seesaw, sliding 2

Bitcoin ( BTC ) has continued to seesaw, sliding 20% since May 6th and then recovering slightly over the past few days. The market cap now stands at US$144.86 billion, with US$1.64 billion traded in the past 24 hours. On the network side, hash rate and difficulty continue to push record highs, with ongoing shipments of ASICs from multiple mining companies, including Bitmain and Halong. Although the original Bitcoin Whitepaper described Proof of Work (PoW) as u201cone-CPU-one-vote,u201d the lea…

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