The Blockstream CSO announced that Bitcoin miners are reporting technical issues with the Bitmain rigs resulting in 20-30% failure rates. Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%. According to an April 26 tweet from Samson […]
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Bitcoin volatility is steadily increasing as the halving approaches, and investors can gain from bull and bear price action by betting on volatility. Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, […]
Continue ReadingBlockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19. Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research. The program follows widespread contributions from the crypto community toward the distributed scientific research platform, Folding@Home. Organization researching COVID-19 qualify for 2TB […]
Continue ReadingOne week after Justin Sun’s hostile takeover of Steem, Huobi launched trading for the community hard fork Sun sought to suppress. The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi. The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem […]
Continue ReadingBitcoin price is looking like it’s on the verge of a breakout according to several indicators on multiple timeframes as the MACD is about to cross bullish. Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward […]
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These crypto firms are joining the fight against COVID-19. Will this move highlight the benefits of cryptocurrencies and establish the industry? All over the world, doctors, nurses and medical resources are strained as the fight against the coronavirus continues. In response, many charitable organizations and philanthropists from various industries have come forward to offer their […]
Continue ReadingEthereum Co-founder says Ethereum’s soon-to-be obsolete mining hardware could be directed towards Zero Knowledge Proofs. Vitalik Buterin, co-founder of the distributed Blockchain-computing platform, Ethereum, has had a lot to say in recent weeks. On April 25, Buterin appeared on The Shitcoin Dot Com Show to discuss the launch of Ethereum 2.0. During the interview, Vitalik […]
Continue ReadingMany Bitcoiners believe ‘unlimited money printing’ will cause hyperinflation and boost BTC’s price — but experts believe deflation could be on the way. Many Bitcoiners believe that ‘unlimited money printing’ will cause hyperinflation and a major BTC price spike this year — but experts in the U.S. and Australia predict deflation is more likely to […]
Continue ReadingWhy hasn’t the Ethereum blockchain found the perfect solution for its scalability problem since 2014, and does one really exist? The Ethereum team has been trying to solve the blockchain scalability problem since 2014. During that time, solutions such as Raiden, Plasma, zk-SNARKs, sharding and rollups appeared in the developers’ tool kit. However, the implementation […]
Continue ReadingThe upcoming Bitcoin halving may result in greater demand and higher prices, but what are the challenges for the 2020 halving? Sometimes less is more. That’s a tenet of modern design, but it’s also a central belief of many in the decentralized cryptocurrency community. Throughout the Bitcoin (BTC) world — in Twitter threads, on crypto […]
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