What Is 21e8?

If you’ve spent much time on crypto Twitter within the past couple of days, you may have seen some discussion and even hysteria regarding a recently-mined block. Block #528249’s six leading characters were “21e800”, a phrase that has grabbed the attention of conspiracists and curious individuals throughout the cryptocurrency space. “An Exceptionally Simple Theory of … Read more

Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate

The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. In addition, several crypto-related proposals have been submitted including one that requires crypto firms to bid for power. Also read: Yahoo! Japan Confirms Entrance Into the … Read more

Crypto Markets, Weak Demand from Miners Hurt GPU Producers

Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up. Also read: Bitcoin Businesses … Read more

Why the Cryptosphere Is Losing Its Mind Over This 18-Digit Number

00000000000000000021e800 – that’s 18 zeros followed by 21e8 and another two zeros – doesn’t look particularly remarkable. Nor does 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, which is the complete hash it’s associated with. And yet this series of numbers and letters has sent the cryptosphere into overdrive, sparking talk of quantum computing breakthroughs, time travel, Satoshi’s return, and the hidden … Read more

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the … Read more

Missoula County in Montana Delays Decision on Bitcoin Mining Moratorium

Following two hours of intense and well-balanced debate on whether a proposed temporary ban on Bitcoin mining should be upheld or revoked, the Missoula County Commission postponed making a decision until August. The commission had invited the public’s participation in the debate, and as The Missoulian reported, the gathered crowd was split evenly between those … Read more