Mining
Explainer – How does cryptocurrency mining work?
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Month: June 2021
Bitcoin
Bitcoin miner Poolin immortalizes El Salvador’s BTC adoption on the blockchain
As is par for the course for Bitcoin (BTC), El Salvador becoming the first nation-state to adopt the cryptocurrency as legal tender is now immortalized on the blockchain. Data from blockchain explorer service Blockchair shows […]
Ethereum
Dfinity founder takes aim at Ethereum’s complex layer-two solutions
Dominic Williams, founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience. The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of […]
Blockchain
Bitcoin and Ethereum transaction fees sink 95% from all-time highs
The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months. Fees are paid to the miners […]
Litecoin
The Bitcoin price has only been higher than now for 12 days in its history
The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin’s entire 4,332-day history, representing just 0.28% of the cryptocurrency’s life. Crypto […]
Mining
Should you buy GPUs used for Cryptocurrency mining?
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Bitcoin
Bitcoin’s Dreaded Death Cross on the Daily Chart, Beckons
A potential death cross on the daily Bitcoin chart has been forming since mid- MayThe Bitcoin death cross should occur in the next week or soBitcoin continues to trade below the 200-day moving average and […]
Blockchain
Seoul monitors building safety with IoT and blockchain – Cities Today
Seoul will use Web of Issues (IoT) information and blockchain to repeatedly monitor older buildings. At the moment, metropolis workers have to go to buildings to hold out security inspections, however the brand new system […]
Monero
Privacy coins no more? CipherTrace files patents for tracing Monero transactions
Crypto analytics firm CipherTrace announced on Friday that it had filed two patents for technology capable of tracing transactions for privacy coin Monero (XMR). In a Friday blog from CipherTrace, the firm states that the […]
Altcoin
Theta and Theta Fuel (TFUEL) soar ahead of June 30 mainnet launch
Major protocol upgrades can play a significant role in altcoin rallies regardless of the state of the wider cryptocurrency market because new features excite token holders and help to attract new investors. One ecosystem that […]
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