While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

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Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn

Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates that there are 22,709 crypto assets. Additionally, the market capitalization of the crypto economy has grown significantly, increasing by […]

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More Than 30% of BTC Traffic Stems from the Veriblock Project

More Than 30% of BTC Traffic Stems from the Veriblock ProjectOver the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend […]

The post More Than 30% of BTC Traffic Stems from the Veriblock Project appeared first on Bitcoin News.

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Is Merge Mining the Solution to Proof-of-Work Woes?

merge mining

Although Proof-of-Work (PoW) has proven through Bitcoin to be the most secure mechanism for securing a blockchain, this past year has shown that mining as we know it is not secure. As PoW problems be continuously revealed and amplified over the course of 2018, the value and success of mining has been increasingly contended. When […]

The post Is Merge Mining the Solution to Proof-of-Work Woes? appeared first on NullTX.

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A Look Back at the Top Cryptocurrency Markets From Christmases Past

A Look at the Top Cryptocurrency Markets From Christmases PastThe cryptocurrency ecosystem has grown dramatically in just a few years, with the number of crypto markets increasing from 59 in 2013 to over 2,000 today. Looking at historic snapshots of the cryptocurrency markets from Christmases past also shows a significant turnover in the leading altcoins by market cap. Also Read: Report Finds a Strong Relationship […]

The post A Look Back at the Top Cryptocurrency Markets From Christmases Past appeared first on Bitcoin News.

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The Top Ten Altcoin Markets of 2014 – How Are They Faring Now?

The Top Ten Altcoin Markets of 2014 - How Are They Faring Now?With the number of altcoins listed on Coinmarketcap reaching 1,640 as of this writing, the question begs – how will all of these altcoin markets perform in the long term? When looking back four years at a historic snapshot of the leading markets from June 1st, 2014, one can see that only two of the […]

The post The Top Ten Altcoin Markets of 2014 – How Are They Faring Now? appeared first on Bitcoin News.

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5 Years Ago You Should Have Bought Bitcoin, Not Altcoins

5 Years Ago You Should Have Bought Bitcoin, Not AltcoinsWith seemingly endless new altcoins claiming that they will change the world whilst generating exorbitant returns for investors, it can be highly informative to sometimes get a bird’s eye view of longer-term altcoin performance by digging through the annals of Coinmarketcap’s historic snapshots. When looking at a historic snapshot from May 12th, 2013, by far […]

The post 5 Years Ago You Should Have Bought Bitcoin, Not Altcoins appeared first on Bitcoin News.

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Hackers Target 400,000 Computers with Mining Malware

Hackers Target 400,000 Computers with Mining MalwareMore than 400,000 personal computers have been attacked in a large-scale attempt to distribute cryptocurrency mining malware. The hackers used sophisticated trojans to infect PCs mostly in Russia, but also in Turkey, Ukraine, and other countries. The coordinated assault lasted more than 12 hours. Also read: New Monero Mining Malware Sends Proceeds to Kim Il […]

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Regarding EnjinCoin’s “Game Channels” Announcement

TheMerkle_Ethereum Ownage GamingThere have already been a number of major announcements made by gaming cryptocurrencies in what is shaping up to be a pivotal year for game coins as a whole. This trend has accelerated recently, as EnjinCoin (ENJ) has made a major announcement regarding its future developments. On January 28, EnjinCoin announced its upcoming game channels technology branded as “Efinity”. Efinity represents a gamified lightning network-esque network with speeds and costs capable of handling millions of micro-transactions of items and tokens between players and game servers. Through these game channels, players and developers will be able to communicate, escrow, and transact complex in-game items and sets of

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Gaming Coins Are Thriving, and This Is Only the Beginning

Since December, video game-related currencies across the board have exploded in price and volume. Video games represent an industry prime for blockchain integration, and initial penetration is poised to take place as early as this year. Gaming cryptocurrencies are growing on an industry-wide scale to new all-time highs every day. EnjinCoin (ENJ) has grown from under US$0.03 to over US$0.30. GameCredits (GAME) and its sister coin, MobileGO (MGO) have both more than tripled during this time frame, with GameCredits setting a new all-time high above US$6.00. Unikoin Gold (UKG) appreciated from under US$0.20 to an all-time high above US$2.00. Although of questionable

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