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. After dropping to 111 exahash per second (EH/s), the network hashrate spiked a whopping 45% on Tuesday morning to 161 … Read more

Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision

While Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently sold for a whopping $66,666 to a user named “Pablo.” Non-fungible tokens have been very popular in … Read more