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3232The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work
https://www.digit.info/the-pow-dominance-purge-only-6-crypto-assets-out-of-the-top-50-market-caps-use-proof-of-work/
Fri, 16 Sep 2022 16:30:28 +0000https://www.digit.info/2022/09/16/the-pow-dominance-purge-only-6-crypto-assets-out-of-the-top-50-market-caps-use-proof-of-work/Read more]]>At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are only three tokens that leverage a PoW consensus mechanism. Moreover, out of 50 of the largest crypto coins by valuation, only six use PoW and […]
]]>Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
https://www.digit.info/top-10-pow-dominance-evaporates-9-years-later-only-two-proof-of-work-coins-will-remain-after-the-merge/
Fri, 19 Aug 2022 23:30:20 +0000https://www.digit.info/2022/08/19/top-10-pow-dominance-evaporates-9-years-later-only-two-proof-of-work-coins-will-remain-after-the-merge/Read more]]>The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings will be PoW tokens, which is a […]
]]>Crypto Markets Take Deep Losses, Global Trade Volumes Skyrocket, Elon Battles Crypto Twitter
https://www.digit.info/crypto-markets-take-deep-losses-global-trade-volumes-skyrocket-elon-battles-crypto-twitter/
Sun, 16 May 2021 21:01:51 +0000https://www.digit.info/2021/05/16/crypto-markets-take-deep-losses-global-trade-volumes-skyrocket-elon-battles-crypto-twitter/Read more]]>Bitcoin and a slew of digital currency markets are seeing significant losses on Sunday as a majority of coins are down between 2-15% during the last 24 hours. The entire crypto-economy has dropped more than 6% and bitcoin dominance is down to 40% the lowest the metric has been in two years. Crypto Markets Face […]
]]>As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains
https://www.digit.info/as-bitcoin-drops-in-value-proof-of-stake-tokens-that-use-less-energy-see-double-digit-gains/
Sat, 15 May 2021 19:30:38 +0000https://www.digit.info/2021/05/15/as-bitcoin-drops-in-value-proof-of-stake-tokens-that-use-less-energy-see-double-digit-gains/Read more]]>Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]