Ethereum devs discuss gas optimizations, but it will probably be too little too late
Developers see the problem, but there is little they can do right now. Go to Source Powered by WPeMatico
mining
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ETH miner revenue reaching a new all-time-high may be bad news for low volume yield farmers
Is DeFi a mousetrap for retail investors? Go to Source Powered by WPeMatico
Nvidia teases a massively improved RTX 3080, but will it be good for mining?
The performance gains probably won’t be enough to overcome Nvidia’s mining disadvantage. Go to Source Powered by WPeMatico
Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building. Go to Source Powered by WPeMatico
Russian ministry proposes to amend law banning crypto transactions
Crypto mining is allowed, but payout in crypto is prohibited. Go to Source Powered by WPeMatico
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid the Covid-19-induced global recession. For the three … Read more
Researchers are calling this new malware a triple threat for crypto users
The surrounding threat level is low, but there are fears it could increase. Go to Source Powered by WPeMatico
Kazakhstan on track for $700M crypto mining investment goal, says minister
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining. Go to Source Powered by WPeMatico
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain … Read more
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
The situation is eerily reminiscent of December 2017. Go to Source Powered by WPeMatico