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Category: Proof of Stake (PoS)
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ETH Fees Surge to All Time High After the Crypto Passed the $1,000 Mark
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ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract
This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, Ethereum’s cofounder Vitalik Buterin sent 3,200 ETH to the genesis phase deposit contract in order […]
The post ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract appeared first on Bitcoin News.
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Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March
The merculet token gained 160% from $0.00068 to $0.0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets.Bitcoin.com. Despite the price surge, merculet had trading volumes of just $112,000. At the time of writing, merculet’s market capitalization was $4.5 million. This […]
The post Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March appeared first on Bitcoin News.
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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert […]
The post US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space appeared first on Bitcoin News.
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Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS attack” the Avalanche sale has been rescheduled for July 15, 2020. For quite […]
The post Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’ appeared first on Bitcoin News.
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Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018
The cryptocurrency mining industry is spread all over the world and includes everyone from small miners with a few GPUs at home to vast datacenters with both ASICs and racks of endless GPUs. As such, one of the best ways to get an overall view of the market is via the chip suppliers. And the […]
The post Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018 appeared first on Bitcoin News.
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Bitmex Research: We Doubt Ethereum’s Ability to Reduce Reliance on PoW
The proposed and upcoming changes to the operation of the ethereum cryptocurrency have been a matter of debate recently, with questions like employing ASIC resistance mining, capping and others splitting the community. Now an outside party is also taking issue with the concept of ethereum shifting away from PoW. Also Read: Australia’s Digitalx Launches Cryptocurrency […]
The post Bitmex Research: We Doubt Ethereum’s Ability to Reduce Reliance on PoW appeared first on Bitcoin News.
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