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During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]Powered by WPeMatico
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, […]Powered by WPeMatico
At least three blockchains have publicly announced that their teams’ arms are open wide ready to accept any stray former Terra developers following the collapse of its ecosystem.
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Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost […]Powered by WPeMatico
Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top […]Powered by WPeMatico
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, […]Powered by WPeMatico
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days. 18 Crypto Assets See Values Increase […]Powered by WPeMatico
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% […]Powered by WPeMatico
Kadena is one of the JPMorgan spinoffs focusing on blockchain technology. The company unveiled its public chain earlier this week, and launched a wallet service to boot. Kadena is a public chain primarily built for smart contracts. Kadena is a Public Blockchain After all These contracts will be interoperable between its public chain and private chain aspects. It is evident that big banks are also betting big on blockchain infrastructure for a wide variety of use cases. This chain aims to be scalable and offer proof-of-work alternatives to secure the network as a whole. This new ecosystem also consists of
The post JPMorgan Spinoff Launches its own Hybrid Blockchain for Smart Contracts appeared first on The Merkle Hash.
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MARCH 26, 2019 – BROOKLYN, NY Kadena is excited to announce that Chainweb–Kadena’s public proof-of-work blockchain–is now live in testnet! What is Chainweb Testnet? This version features the core innovation of Kadena’s Chainweb: multiple, braided proof-of work chains progressing in parallel, each referencing its peer chains, synced over three global regions (Asia, US, EU) to represent a truly distributed, secure, scalable blockchain. Chainweb Testnet v0 includes: 10 chains – This is the most innovative and important feature of Chainweb. We are testing the security and scalability of braiding multiple Bitcoin-like (proof-of-work) chains. Three regions – In order to truly test
The post Announcement: Kadena Public Blockchain Testnet LIVE appeared first on The Merkle Hash.
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