Previous articleBitcoin Future Predictions Are Here: The Story So Far
2022 started as a fruitful year for Bitcoin and Ethereum miners, as prices for bitcoin and ether were just slightly below their ATH mania in 2021. However, as the year progressed, many miners soon ran into trouble as global macro and crypto markets collapsed from central bankers’ desperate attempts to maintain control of runaway inflation through various monetary policies and a significant escalation in the Russo-Ukrainian war.
Blockchain project Stacks has released a whitepaper outlining a new digital asset called "Stacks bitcoin" (sBTC) that aims to make Bitcoin fully programmable. Bitcoin's more straightforward scripting language currently limits what developers can create on the platform.
Bitfarms, a Canadian bitcoin mining company, has announced the departure of its CEO, Emiliano Grodzki, effective immediately. President and Chief Operating Officer Geoffrey Morphy has been named as his replacement. Grodzki, who co-founded the company in 2017 with Nicolas Bonta, will remain a director on the board. Bonta will become chairman of the board.