Bitcoin Fees Fall 60% While Transaction Count Declines

Bitcoin Fees Fall 60% While Transaction Count DeclinesBitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from just over $6.28 six […]

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Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash

Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]

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Are Developing Nations Really Warming up to Crypto Assets?

There have always been questions as to who is buying cryptocurrencies and for which specific purpose. In undeveloped countries, the adoption of crypto assets is progressing rather quickly, according to a new report.  For years now, people have claimed how Bitcoin can transform Arica in terms of finance. Crypto Adoption in Developing Nations For equally as long, there has been little to no evidence of crypto adoption across that continent. If the new report by Onfo is to be believed, things are not necessarily as black-and-white. Although its method of research is rather limited and doesn’t represent the entire world,

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