Argentina's Embrace of Bitcoin for Contract Settlements
Argentina officially allows Bitcoin for legal contracts amidst high inflation, potentially paving the way for broader crypto adoption.
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Argentina officially allows Bitcoin for legal contracts amidst high inflation, potentially paving the way for broader crypto adoption.
After Argentina was defeated by Saudi Arabia in the FIFA World Cup 2022, the value of the country’s crypto fan token nosedived.
On-chain data shows the 30-day moving average of the Bitcoin mining hashrate is close to setting a new all-time high.
The company is offering to move approximately 8,000 machines to Texas.
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“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.