Kadena – DIGIT INFO

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

DIGIT — Wed, 30 Nov 2022 20:30:02 +0000

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) […]

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These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

DIGIT — Sat, 17 Sep 2022 15:30:07 +0000

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, […]

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Rival blockchain projects angling for talent from Terra developers

DIGIT — Tue, 31 May 2022 06:11:14 +0000

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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Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise

DIGIT — Tue, 17 May 2022 10:00:42 +0000

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 […]

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Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences

DIGIT — Sat, 23 Apr 2022 06:30:40 +0000

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 […]

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Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

DIGIT — Sun, 17 Apr 2022 19:00:53 +0000

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, […]

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As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week

DIGIT — Wed, 29 Dec 2021 18:30:05 +0000

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 […]

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Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion

DIGIT — Fri, 05 Nov 2021 22:30:00 +0000

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% […]

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JPMorgan Spinoff Launches its own Hybrid Blockchain for Smart Contracts

DIGIT — Wed, 15 Jan 2020 20:11:41 +0000

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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Announcement: Kadena Public Blockchain Testnet LIVE

DIGIT — Wed, 27 Mar 2019 01:21:19 +0000

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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