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Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So
The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […] дальше »
2021-5-24 11:17 | |
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How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week
Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally. Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage. The State Grid in […] дальше »
2021-5-22 05:02 | |
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Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with power outages in Sichuan, China, and the upcoming difficulty change. дальше »
2021-5-20 22:00 | |
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Covalent launches decentralized data query network to power web 3.0 infrastructure
Covalent, the leading blockchain data provider, has launched its decentralized data query network to power web 3. 0 infrastructure. This launch moves the platform beyond a centralized blockchain data API, enabling token holders and developers to engage with the network in new ways. дальше »
2021-4-30 16:07 | |
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Covalent launches decentralized data query network to power web 3.0 infrastructure
CryptoNinjas » Covalent launches decentralized data query network to power web 3. 0 infrastructure Covalent, a blockchain data provider, today announced it has launched its decentralized data query network to power web 3. дальше »
2021-4-30 22:05 | |
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Blockchain Technology Tapped to Power China-Europe Rail Trade
Blockchain technology continues to find novel use-cases. Blockchain Technology Powers China-Europe Trade According to a report by Big News Network published on April 11, distributed ledger technology (DLT) is being leveraged to boost trade via the China-Europe train routes. дальше »
2021-4-12 22:00 | |
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Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors
On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network. дальше »
2021-3-2 18:15 | |
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Tokamak Network Announces Strategic Partnership with Bounce Finance
Tokamak Network, the market’s leading layer-2 on-demand aggregator has recently announced the commencement of a partnership with Bounce Finance, a decentralized auction protocol providing competitive swap environments that power the future of open finance. дальше »
2021-2-2 13:34 | |
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bKash and Mobile Money Connect Through RippleNet To Power Wallet-To-Wallet Remittances
Today, we’re thrilled to announce our partnership with Mobile Money, a Malaysian mobile wallet company. Through RippleNet, Ripple’s global payments network, Mobile Money has connected to bKash, Bangladesh’s largest provider of mobile financial services (MFS) which serves over 45 million users. дальше »
2021-1-14 01:04 | |
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Wrapped Bitcoin (wBTC) finally arrives at TRON
While the end of 2020 may be all about Bitcoin (BTC), the majority of the year was marked by a massive development of the DeFi sector, which is still on-going. Countless investors moved to projects focusing on decentralized finance, while development platforms did everything in their power to attract developers and users to their network. дальше »
2020-12-29 16:18 | |
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Video: Lightning Network And Gaming With MintGox
On this episode of the Bitcoin Magazine Podcast, a panel of experts discuss the power of the Lightning Network and micro payments for gaming. The post Video: Lightning Network And Gaming With MintGox appeared first on Bitcoin Magazine. дальше »
2020-12-4 01:36 | |
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Bitcoin Mining: Network Congestion, Fees Uptick, China Ban, & Russian Hash Power in Play
In the world of Bitcoin mining, the hash rate of the network, the computing power used to validate BTC transactions has taken a drop following the positive difficulty adjustment of 8. 8%. The 7-day average hash rate of the network is currently at 131 EH/s, down from the all-time high of 146. дальше »
2020-12-2 20:54 | |
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Cartesi Announces Bootstrapping of Noether Sidechain Network
Cartesi (CTSI), the project enabling smart contracts to run on a Linux environment, is launching the PoS system that will power the data availability side-chain (Noether) on mainnet. Noether will be a highly optimized data availability oracle for temporary storage and a key element of Cartesi’s scalability stack. дальше »
2020-11-30 20:18 | |
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Teloscoin Now Offering Affordable Mining Boards
Mining is one of the most important aspects of the cryptocurrency industry since miners guarantee the immutability of a blockchain network by offering their hash power. However, the industry has been The post Teloscoin Now Offering Affordable Mining Boards appeared first on AMBCrypto. дальше »
2020-11-27 18:00 | |
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Poker Websites Buying Millions of Dollars Worth of BTC Per Day to Meet Crazy High Customer Demand
Bitcoin is helping people get hilariously rich as it continues to surge. According to Bloomberg, online gamblers have also taken to cashing out in BTC to get their winnings bigger and bigger. Winning Power Network, which operates AmericasCardRoom. дальше »
2020-11-21 22:48 | |
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30% of Bitcoin Network Supports Taproot; OKEx Mining Pool’s Hash Power Crashes Over 99%
The Bitcoin network is strong, with the 7-day transaction count keeping above 2 million and the hash rate of the network recovering at a healthy pace. Amidst the growing hash rate, as we reported, the OKEx mining pool's dominance has tanked while Bitcoin’s mining pool is slowly climbing the ranks. дальше »
2020-11-19 18:57 | |
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Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. дальше »
2020-11-11 08:30 | |
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Bitcoin Hash Rate Takes a Big Jump as Miners Migrate from Sichuan, China
Bitcoin price may have taken a breather after a 20% rally, but the same can’t be said about the hash power miners are using to produce BTC. Towards the end of Sept. , the network's hash rate hit a new all-time high in terms of raw value, as per Blockchain. дальше »
2020-11-11 20:43 | |
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MimbleWimble Privacy Coin, GRIN, Becomes Latest Network to Be Hit With A 51% Attack
GRIN, a mimblewimble protocol-based privacy coin, had become the latest victim of a 51% attack when a group of unknown miners got control of more than 50% of the network's hashing power. On November 7th, the network came under attack by an unknown mining group, which was able to gain control of 57. дальше »
2020-11-10 19:22 | |
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Kraken Reveals Its Stance on Likely Bitcoin Cash Hard Fork
Major cryptocurrency exchange Kraken will support Bitcoin Cash Node if any BCH chain split occurs this month. The trading venue will only credit users with Bitcoin Cash ABC if it manages to attract notable hashing power following the introduction of a controversial network upgrade on Nov. дальше »
2020-11-7 22:57 | |
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Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption
Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used. The post Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption appeared first on Bitcoin Magazine. дальше »
2020-10-20 20:52 | |
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Introducing CBEI: A New Way To Measure Bitcoin Network Electrical Consumption
Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used. The post Introducing CBEI: A New Way To Measure Bitcoin Network Electrical Consumption appeared first on Bitcoin Magazine. дальше »
2020-11-7 20:52 | |
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AdEx Launches Elastic Staking Rewards Following Chainlink Partnership
AdEx, the next-generation blockchain-powered digital advertising network, has just partnered with Chainlink, the world’s largest and most popular blockchain oracle provider, to integrate Chainlink oracles into its staking ecosystem to power its novel staking loyalty pool and governance system. дальше »
2020-10-8 18:00 | |
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Crypto investment company KR1 invests in Moonbeam Network
KR1, a cryptocurrency and blockchain asset investment company, today announced that it has invested a total of USD $100,000 in the Moonbeam Network project. KR1 took part in Moonbeam’s seed funding round alongside Hypersphere Capital and HashKey Group and will receive a yet-to-be-determined amount of Glimmer (GLMR) tokens that will power Moonbeam’s blockchain. дальше »
2020-10-2 20:57 | |
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Chainlink to power TrustSwap SmartLock and SmartEscrow products
After its initial token launch in June, TrustSwap, a smart contracts payments platform announced in a blog that Chainlink's Price Reference Data – its decentralized oracle network – had been integThe post Chainlink to power TrustSwap SmartLock and SmartEscrow products appeared first on AMBCrypto. дальше »
2020-9-19 01:33 | |
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Bluzelle oracle to power Polkadot DeFi developers
Decentralized data network startup Bluzelle will provide its decentralized storage services to developers who will build on Polkadot’s DeFi ecosystem, a flagship project of the Web3 Foundation, accoThe post Bluzelle oracle to power Polkadot DeFi developers appeared first on AMBCrypto. дальше »
2020-9-15 20:30 | |
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Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain networks. The broker insists that it does not have any way of monitoring or determining which blockchain is benefitting from a particular algorithm hash data. дальше »
2020-9-9 15:30 | |
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Bitcoin Miners Aren’t Fazed By This Price Pullback As Hashrate Hits New Record High
The benchmark cryptocurrency has retraced from $12,500 to around $10K over the past couple of weeks. Nevertheless, the hashrate of the bitcoin network — which is basically the amount of computing power dedicated to securing the network — has cranked a new all-time high. дальше »
2020-9-9 13:40 | |
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Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report by cybersecurity company, ESET. дальше »
2020-9-4 12:30 | |
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TRON Strategically Partners With Band Protocol For Scalable Oracle Technology & Extensive Integrations
TRON Network, one of the largest blockchain-based operating systems in the world, has strategically partnered and completed integration with Band Protocol to bring secure and verified decentralized oracles to power its rapidly growing DeFi and decentralized application space. дальше »
2020-8-31 17:07 | |
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The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear power plants. дальше »
2020-8-25 05:00 | |
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Not So DeFi: Curve (CRV) Founder Takes Over 71% of Platform’s Governance DAO
The founder of DeFi platform Curve, a decentralized liquidity pool, took over 70% of the network’s voting power over the weekend. His move came as Yearn. finance, the yield farming app, attained over 58% of the voting power on the network. дальше »
2020-8-24 15:00 | |
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Proposal to Cut Ethereum’s Annual Inflation Rate Met With Miner Criticism
A new Ethereum Improvement Proposal (EIP) which aims to decrease the network’s mining reward is currently being debated. EIP-2878 looks to drop the block reward to just 0. 5 ETH. Those behind the new EIP claim it will bring annual inflation down and preserve the purchasing power of ether. дальше »
2020-8-20 16:35 | |
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NiceHash Now Supports Bitcoin Lightning Network, Launches Node
NiceHash—one of the world’s largest hash power broker and cryptocurrency exchange, now supports the Lightning Network (LN) after the completion of their Beta testing. In a post published on July 24, 2020, it said interested users can now connect to their LN node after previously explaining that the move was a necessary “step in theRead MoreRead More. дальше »
2020-7-24 17:00 | |
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IOST (IOST) Partners with ProDeFi to Power the DeFi Economy
IOST, a scalable, enterprise-grade blockchain network based on the next-generation consensus algorithm “Proof-of-Believability” (PoB) today announced a partnership with leading decentralized financial network ProDeFi to enable cross-chain transactions across one or more protocols within the IOST network. дальше »
2020-7-22 14:21 | |
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Peter Schiff Suggests Recent Twitter Hack Promoting Bitcoin Scam Is A Prelude To Bitcoin Itself Being Hacked
Bitcoin is arguably the most secure network in the world. The network’s hash rate is the amount of computing power dedicated to securing it and is often deemed as the litmus test of the overall security. дальше »
2020-7-16 15:14 | |
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Chainlink (LINK) to Power Crypto Lender Nexo’s Lending and Trading Operations
Chainlink (LINK), a decentralized oracle network has inked a partnership with leading crypto lending platform Nexo to add more transparency to its operations as the latter prepares to enter the prime brokerage space. дальше »
2020-7-9 19:00 | |
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Crypto News Roundup for July 7, 2020
The Bitcoin hashrate, a key metric representing the net processing power of the Bitcoin network, reached a new all-time-high earlier on Tuesday. At a seven-day average of 123. 4 EH/s, this new milestone signifies that miners are pledging more power than ever to secure the network. дальше »
2020-7-8 22:58 | |
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Bitcoin Poised for Largest Difficulty Adjustment Since 2018
Within the next couple of days, the Bitcoin (BTC) network will experience a massive upward difficulty adjustment. The coded variable determines the amount of computing power required to find the right hash in a Bitcoin transaction block. дальше »
2020-6-15 22:17 | |
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Bitcoin Hash Rate in Recovery, Approaching All-Time High
Bitcoin’s hash rate has recovered significantly since its halving last month — so much so that it’s approaching an all-time high once again. Hash rate is a solid indication of network health as it equates to total computing power on the BTC network. дальше »
2020-6-8 10:20 | |
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Bitcoin's hash power still largely 'seasonal'
Bitcoin miners have always been in the spotlight; right from its initial heydays to the ones leading up to its recent halving. For the network, the miners are a very crucial part of the puzzle. For miThe post Bitcoin's hash power still largely 'seasonal' appeared first on AMBCrypto. дальше »
2020-6-6 18:00 | |
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