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3232Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge
https://www.digit.info/ethereums-hashrate-taps-an-all-time-high-as-miners-race-to-mint-eth-before-the-merge/
Sat, 09 Apr 2022 14:00:18 +0000https://www.digit.info/2022/04/09/ethereums-hashrate-taps-an-all-time-high-as-miners-race-to-mint-eth-before-the-merge/Read more]]>While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher […]
]]>Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea
https://www.digit.info/gaming-giant-animoca-brands-reveals-ban-against-russian-users-co-founder-compares-russia-to-north-korea/
Thu, 03 Mar 2022 14:30:37 +0000https://www.digit.info/2022/03/03/gaming-giant-animoca-brands-reveals-ban-against-russian-users-co-founder-compares-russia-to-north-korea/Read more]]>Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned Russia to North Korea. Animoca […]
]]>Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses
https://www.digit.info/coinbase-will-not-institute-a-blanket-ban-on-all-transactions-tied-to-russian-crypto-addresses/
Tue, 01 Mar 2022 16:30:40 +0000https://www.digit.info/2022/03/01/coinbase-will-not-institute-a-blanket-ban-on-all-transactions-tied-to-russian-crypto-addresses/Read more]]>The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that the digital currency platform would not “institute a blanket ban” against ordinary Russian users. Coinbase, Coinberry, and Kucoin Follow Binance’s and Kraken’s Decision to Refuse ‘Sabotaging Ordinary Russian Users’ On […]
]]>Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
https://www.digit.info/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/
Fri, 25 Feb 2022 17:30:41 +0000https://www.digit.info/2022/02/25/russian-bitcoin-mining-assessed-amid-conflict-with-ukraine-large-eth-pool-cancels-service-to-russia/Read more]]>With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced it has halted services to Russia entirely. “We apologize to our Russian miners; […]
]]>Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High
https://www.digit.info/ethereum-hashrate-taps-record-setting-1-petahash-as-eths-mining-profitability-remains-high/
Tue, 28 Dec 2021 07:30:11 +0000https://www.digit.info/2021/12/28/ethereum-hashrate-taps-record-setting-1-petahash-as-eths-mining-profitability-remains-high/Read more]]>20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). […]