Ethereum Reaches a new All-time High for Gas Usage

Transaction fees affecting different cryptocurrency ecosystems in unique ways. For Ethereum, its gas used – based on a 7d moving average – has reached a new all-time high.  Every service or application built on top of Ethereum utilizes gas to operate. Ethereum Gas Usage Rises Swiftly Additionally, all regular users also pay transaction fees in … Read more

Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments

On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory. Bitmain Cofounder Micree Zhan Accused of Causing Mining … Read more