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The great American mining migration
[vc_row][vc_column][vc_column_text] The Great American Mining Migration By Dominik Poiger, Head of Product Management, Iconic Holding The Great American mining migration is now complete. As we pointed out previously, Chinese miners had to leave Mainland China and set-up shop elsewhere. Past months data had already indicated that most of these miners would either sell their mining rigs, close up…
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Iconic Monthly Crypto Overview – September 2021
Stay up to date with our monthly crypto overview: September was a historic month for Bitcoin as El Salvador became the first nation to adopt the cryptocurrency as legal tender. In the top ten crypto assets, a big winner this past month has been Solana, which is up an 38.57% despite the overall correction in…
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An Update on Bitcoin’s Hash Rate
Previously, we discussed the initial impact of Chinese miners on the “China mining ban” in our article from June 21, 2021. After almost two months it is now time for an update on Bitcoin’s Hash Rate. It has become quite clear that – after years of fake news on this topic – China seems to have…
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Is Bitcoin’s Carbon Footprint Improving?
Bitcoin’s hashrate dropped significantly from its all-time-high, sitting at a rate not seen since November 2020. According to data from blockchain.info, Bitcoin’s current hashrate is now (as of 21 June 2021) at approximately 110M TH/s, 30% below its all-time high of around 190M TH/s from a few weeks ago. Bitcoin mining has been largely concentrated…
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Iconic Funds lists Bitcoin ETP on XETRA
The Iconic Physical Bitcoin ETP will be listed on Xetra starting May 12, 2021 With the newly launched ETP, investors can gain exposure to Bitcoin on Xetra in a cost-effective way. The ETP is 100% collateralized by coins held in an institutional-grade custody solution with Coinbase Custody. FRANKFURT GERMANY, May 12, 2021 – Iconic Funds’ Physical Bitcoin…
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