Recent data revealed that Ethereum miners have disposed of significant ETH holdings following the latest price jump towards $420. Additionally, the Twitter sentiment has turned rather bearish for the second-largest cryptocurrency after the consequent price drop. ETH Miners Initiate Sell-Offs? Ethereum miners, the lifeblood of the current proof-of-work consensus algorithm behind the Ethereum blockchain, have perhaps gained the most from the ongoing decentralized finance...
Read More »Here’s Why Bitcoin’s Hashrate May Drop Further This Week
Yesterday, the Bitcoin network witnessed approximately 22 exahashes per second (EH/s) exit the ecosystem, as noted by Hashr8’s Thomas Heller on Twitter. The self-professed “mining maximalist” also shared his estimation that we’ll see the BTC mining difficulty decline somewhere between 7.4% to 8.8% by the end of the week — a drop that, if true, would be the worst negative difficulty adjustment since the infamous, COVID-19-induced “Black Thursday” crash in March. However, none...
Read More »Invest Smarter With King Mining
For any traders and investors, finding an effective and security investment place with high interest rates is a difficult problem. However, King Mining can meet with all of your requirements!Applying the development of blockchain technology, King Mining desires to bring you the easiest ways to make the biggest profits, the best quality service and the highest security!Cost-effectivenessKing Mining cuts out intermediaries and eliminates the need for costly mining, which drastically reduces...
Read More »Filecoin Miners Claim 25% of Block Rewards after Network Upgrade Goes Live
The latest Lotus 1.1.0 network software upgrade enables Filecoin miners to access 25% of mining rewards immediately with no vesting.As reported by The Block, Filecoin‘s network lead Molly posted on Wednesday a downloadable Lotus 1.1.0 software upgrade in the project’s Slack channel. Participants who want to continue operating in the decentralized storage network would have to comply since this is a mandatory upgrade.She posted the following in the channel:“You must upgrade before epoch...
Read More »#995 Ungarischer Politiker Stromdiebstahl, Prozess gegen Alexander Vinnik & Crypto Valley Festival Ticket Verlosung
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 995. Im heutigen Video geht’s um folgende Themen: Ungarischer Politiker Rücktritt Stromdiebstahl Mining, Prozess gegen Alexander Vinnik am Montag gestartet & Crypto Valley Festival Ticket Verlosung. 1.) Stromdiebstahl für Mining: Ungarischer Politiker muss zurücktretenhttps://bitcoin-kurier.de/stromdiebstahl-fuer-mining-ungarischer-politiker-muss-zuruecktreten/ 2.) Erpressung und Bitcoin-Geldwäsche:...
Read More »Weekly Recap: Bitcoin Remains Dormant While Ethereum Incurs Losses
The pioneer cryptocurrency remained stagnant during the third week of October.Bitcoin Remains Dormant While Traders Wait for VolatilityIt kicked off on Monday, October 12th, trading at $11,374, and closed Friday, October 16th, at $11,372. The bulls nor the bears could control BTC’s price action, showing indecision among market participants.Due to the dormant price action seen during the week of October 12th, Bitcoin’s volatility took a significant hit. The 60-day average dropped to a low...
Read More »Filecoin Plunges 80% in 4 Days While Miners Suffer the Most
Filecoin’s history has been turbulent since its creation in the early days of the crypto-verse. But investors can probably agree that nothing resembles what happened last week. Filecoin Traders Had a Hard Week… Speculators are having a rough time. The token initially had a brief and sudden rise of more than 100% immediately after its launch. Traders, analysts, and Filecoin fans were debating everywhere about the project’s fundamental value and how it could revolutionize the...
Read More »Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020
Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...
Read More »Yobit.net Virtual Mining: Giving Crypto Investors Sustainable Earning Avenue
Yobit.net offers a virtual mining service with the potential to grant investors a sustainable source of earning alternative income.Yobit.net, one of the oldest cryptocurrency exchanges around offers a virtual mining service with the potential to grant investors a sustainable source of earning alternative income. The entire cryptocurrency industry which gained wide prominence in the past decade has many established ways by which enthusiasts can make a fortune.Most notably are cryptocurrency...
Read More »Chainalysis Is Helping to Track Monero-Related Crime
According to Chainalysis, the revenue its taking in has tripled in recent months thanks to many public sectors looking to track blockchain and cryptocurrency activity.Chainalysis Has Seen Its Horizons GrowIn particular, the company is working with the Internal Revenue Service (IRS) to track a privacy-focused cryptocurrency known as Monero, which has been the object of much controversy over the years.Monero, for example, is often involved in crypto jacking operations, in which a hacker obtains...
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