Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs

Ethereum’s scalability woes come under the spotlight once more following the release of the latest Bored Ape Yacht Club NFT collection. The post Ethereum user spends $44,000 in gas fees to mint Bored Ape ‘Otherside’ NFTs appeared first on CryptoSlate. дальше »

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ETH burning and gas prices surge, how will ETH’s value be shaped?

Ethereum ETH/USD is a community-run cryptocurrency project that powers thousands of decentralized applications (dApps). It is also the home for many non-fungible tokens (NFTs), as many creatives will typically select this specific blockchain network as a means of minting their NFTs. дальше »

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Ethereum Gas Fees Spike to New Highs on Latest NFT Hype

There were many disgruntled Ethereum users over the weekend following a Yuga Labs nonfungible token (NFT) launch which caused gas prices to surge to new highs. The post Ethereum Gas Fees Spike to New Highs on Latest NFT Hype appeared first on BeInCrypto. дальше »

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Ethereum: Ponzi scheme or genuine opportunity? Users wary as gas fees skyrocket

Ethereum (ETH) is seeing an unmatched spike in inactivity. From institutional adoption to rising traction, and whatnot. Given the demand, Ethereum (ETH) network participants raised $2.48 billion in The post Ethereum: Ponzi scheme or genuine opportunity? Users wary as gas fees skyrocket appeared first on AMBCrypto. дальше »

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2,000% of Ethereum's Hourly Issuance Burned as Gas Price Skyrockets

2,000% of the hourly issuance on the network burned, making around $80 million for Ethereum miners дальше »

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ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs

While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees.

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Ethereum Network Revenue Surges Year-on-Year but Falls This Quarter

Ethereum network revenue from gas fees plunged 44% in the first quarter of this year compared to Q4 2021, with around $2. 1 billion worth of ETH tokens burned. But year-over-year performance told another story as revenues surged 46% from $1. дальше »

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How Western Sanctions on Russia Could Make Crypto an International Reserve Currency

If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto. дальше »

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How To Add Fantom to Metamask? Setting Up FTM Network On MM

Intro Fantom is a completely decentralized blockchain network that focuses on a permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets. Fantom provides an alternative to Ethereum since it offers better transaction speed and lower gas fees. дальше »

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Solana’s MonkeyLeague Now on OpenSea

Albeit in BETA mode, this is a HUGE step for Solana’s, MonkeyLeague, their premium play to earn NFT game. The game NFTs that have been completely blowing up the Solana ecosystem is now available on the world-leading NFT marketplace and at a fraction of the cost in gas fees! Why?   Well, that is down to […] The post Solana’s MonkeyLeague Now on OpenSea appeared first on NFT News Today. дальше »

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Bitcoin Slips Toward $38K After Rally Fizzles

Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K, market analysts say. дальше »

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Game Of Silks Partners With Arbitrum to Enhance its On-Platform User Experience

Derivative play-to-earn metaverse based on thoroughbred horse racing, Game of Silks (Silks) has announced a partnership with Arbitrum to improve its on-platform user experience. Arbitrum’s higher throughput and decreased gas expenses are at the heart of these new capabilities. дальше »

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Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million

Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources. дальше »

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Ethereum Transaction Fees Near Six-Month Low Amid Declining Prices

Ethereum gas prices have been declining for a while now. It had risen to its all-time high back in 2021 when the bull market was in full bloom. It then continued to maintain on the high spike, spiking at various intervals to high points. дальше »

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Lucky Ape Travel Club’s Public Sale is LIVE

Tampa, FL – April 18, 2022 – Globetrotters everywhere will be happy to hear that there is now an NFT that will take their traveling adventures to a whole new level. The Lucky Ape Travel Club’s public mint has just gone live, meaning that you can seize your traveling token for just 1 ETH+gas fees. дальше »

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OpenSea: From volumes to gas, a look at how the biggest NFT marketplace is doing

If you want a quick and dirty way to gauge the state of the NFT market, it's worth a shot to take a look at the stats for OpenSea, arguably the best known NFT marketplace in the crypto industry at preThe post OpenSea: From volumes to gas, a look at how the biggest NFT marketplace is doing appeared first on AMBCrypto. дальше »

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NFT Buyers Who Lost Thousands Due To Faulty Smart Contracts Say Manifold Is Trying To Deflect The Blame

The NFT minting platform Manifold said a combination of bots and “too much traffic” were responsible for a chaotic NFT drop that caused hundreds of buyers to lose thousands of dollars worth of $ETH in gas fees, without ever receiving the tokens they purchased. дальше »

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Ethereum Gas Usage Rose in March as Ether Ran to $3.5K

ERC20 token generation in March was 125% above February's levels, even as developers continue to build new projects on other blockchains. дальше »

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Bitcoin and Ethereum transaction fees are dropping

Ethereum rivals can no longer use the network’s high transaction fees against it as data from On-chain data provider, Santiment, has revealed that ETH gas fees have dropped by 90% since November 2021. дальше »

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Ethereum's gas prices slipping but what does it mean for NFT buyers

Petrol prices may be climbing worldwide, but in the crypto world, it's a very different story. In fact, since February 2022, it's been a good time to take that road trip you've been thinking of. дальше »

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Bengal Energy to mine Bitcoin using stranded gas wells in Australian outback

Canadian oil and gas miner Bengal Energy is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs. дальше »

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Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback

Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs. дальше »

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U.S. oil and gas companies are using unspent energy for bitcoin mining

Proof-of-Work (PoW) blockchains such as Bitcoin and Ethereum have been under the scrutiny of regulatory agencies because of the high carbon footprint they leave at their pace. PoW blockchains utilize huge amounts of electricity used in computational power to mine transactions and mint new coins. дальше »

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Ethereum Merge – when, why and what?

How about we answer the three above questions? Some of the most asked in crypto – let’s get to it. Ethereum’s Problems Ethereum’s problems are well publicised. I sometimes like to lament that it has become a blockchain of the elites, such are the prohibitive gas prices. дальше »

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Exxon Mobil Is Starting to Burn Excess Gas to Mine Bitcoin

Super Gassy Instead of simply burning excess natural gas for no reason and wasting it completely, Exxon Mobil is making a change we’re not entire sure is an improvement – they’re taking that “extra” 18 million cubic feet of gas per month and using it to power crypto mining facilities. The oil giant reached an […] дальше »

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Oil giant Exxon Mobil uses Bitcoin to reduce greenhouse gas emissions

Exxon Mobil uses excess natural gas to mine Bitcoin from oil wells in North Dakota. The post Oil giant Exxon Mobil uses Bitcoin to reduce greenhouse gas emissions appeared first on CryptoSlate. дальше »

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Oil giant Exxon Mobil uses Bitcoin to “reduce” greenhouse gas emissions

Exxon Mobil uses excess natural gas to mine Bitcoin from oil wells in North Dakota. The post Oil giant Exxon Mobil uses Bitcoin to “reduce” greenhouse gas emissions appeared first on CryptoSlate. дальше »

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Selling gas and oil for Bitcoins? This Russian lawmaker thinks so

Pavel Zavalny, the head of Russia’s Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The post Selling gas and oil for Bitcoins? This Russian lawmaker thinks so appeared first on CryptoSlate. дальше »

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Oil giant Exxon to expand its gas to power crypto mining pilot program to four countries

Exxon Mobil Corporation is conducting a pilot program using the surplus natural gas from… The post Oil giant Exxon to expand its gas to power crypto mining pilot program to four countries appeared first on Coin Journal. дальше »

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ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report

The oil giant is looking to make use of natural gas that would otherwise be wasted at sites around the world, according to the report. дальше »

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Exxon Mobil to Expand Gas-to-Bitcoin Pilot to More Countries

American multinational oil and gas giant ExxonMobil is yet to officially confirm its gas-to-Bitcoin pilot дальше »

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Exxon Is Mining Bitcoin With Excess Gas: Report

The fourth-largest oil company in the world is now considering taking its gas-to-bitcoin pilot to four countries. дальше »

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Russia Is Open To Selling Natural Gas For Bitcoin

Russia can trade with ‘friendly’ countries in national currencies or bitcoin, the chairman of the State Duma committee on energy said. дальше »

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US Lawmakers Tip Crypto Mining As Key To Energy Independence

Pete Sessions believes Bitcoin mining can help the US achieve energy independence. It comes as the conflict in Europe has pushed gas prices higher. Texas has become a hotspot for Bitcoin mining amid local political support. дальше »

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Williams to Partner With Context Labs on Technology to Certify and Optimize Clean Energy Delivery

Williams today announced it will utilize Context Labs’ Decarbonization as a Service™ technology solution to support the gathering, marketing and transporting of responsibly sourced gas... дальше »

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From Pariah to Partner: Crypto's Climate Answers

There are signs that policymakers are beginning to recognize crypto's potential for balancing the grid and reducing greenhouse gas impacts. дальше »

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Stranded no more? Bitcoin miners could help solve Big Oil's gas problem

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?

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Optimism saved users $1B in Ethereum fees

Optimism, perhaps the best-known Layer 2 scaling solution, has saved Ethereum network users more than a billion dollars in gas fees in a year according to its official blog post. These funds will be used to reduce network fees even more and to grow the Optimism team. дальше »

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Ethereum-проект Optimism привлек $150 млн при оценке в $1,65 млрд

Optimism, работающий над решением второго уровня для масштабирования Ethereum, привлек $150 млн по итогам раунда финансирования Серии B. Инвесторы оценили проект в $1,65 млрд. After over a year on mainnet, our milestones keep adding up: $1B in gas fees saved for users, thousands of smart contracts deployed, three separate forks. дальше »

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DeFi to reach mass adoption via institutional participation, DEX founder says

The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs. дальше »

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Полиция Рио-де-Жанейро арестовала подозреваемых в причастности к GAS Consultoria

Бразильская полиция задержала вероятных создателей мошеннической схемы инвестирования в криптовалюты GAS Consultoria. дальше »

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Gas fees: Ethereum is now cheaper than Polygon

Who would have guessed Ethereum gas fees would ever be cheap again? Sometimes the past week, gas fees have been as low as just 10 gwei per gas unit even for high-priority transactions. The post Gas fees: Ethereum is now cheaper than Polygon appeared first on CryptoSlate. дальше »

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$5 Billion Ethereum Burned Since August 2021, Fees Stabilized?

Since its debut on August 4, 2021, the Ethereum Improvement Protocol (EIP) 1559 has been an integral feature of the London Hard Fork. The major goal of this upgrade is to stabilize the excessive gas fees that are caused by scalability issues with Ethereum’s proof-of-work (POW) network. дальше »

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Gas heater broke down? I'll just heat my caravan with a Bitcoin miner

When a propane gas heater stopped working, Bitcoin mining came to the rescue of a cold caravan in Colorado.

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Ethereum gas fees drop to lowest levels since August 2021

Data also shows that the average gas price on Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on Wednesday. дальше »

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THORChain spikes by 34% after activating synthetic assets

“Trading with synthetics on THORChain has half the swap fees, making swaps cheaper, cheap gas fees, and faster for traders. You can do near-instant trades at a high volume,” said developer Chad Barraford. дальше »

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What’s behind the fall in Ethereum fees?

Ethereum is one of the most popular blockchains for NFTs, but limited capacity and high gas fees have made Ethereum NFTs prohibitively expensive for many NFT enthusiasts Why are gas fees at a six-month low? In more ways than one, NFTs have become the go-to investment for many crypto enthusiasts, especially over the last year. дальше »

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Report: Ethereum transaction fees now as cheap as $15

Gas fees on Ethereum are falling, and it’s currently at a six-month low, says Arcane Research. The post Report: Ethereum transaction fees now as cheap as $15 appeared first on CryptoSlate. дальше »

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Bitcoin Holds, Stocks Red, Gas Falls

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KyberSwap DEX launches on layer-two network Arbitrum

The decentralized exchange has moved onto Arbitrum to help users get around Ethereum network congestion and expensive gas fees.

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