Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but saw an increase in monthly BTC mining rewards. Japanese IT giant GMO Internet Group has published the latest monthly disclosure on its in-house crypto mining operations, confirming that it took a steep hit in overall mining revenue. GMO released […]
Continue ReadingCan a largely cash-based society become the leader in bank-issued digital currencies? Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where […]
Continue Readingsponsored Struggling to find good recommendations for drinks, dinners and dancing? A blockchain startup is building a bot that scours the local area for hidden gems. Finding your way around a new city, or even discovering exciting things to do in areas you know well, is hard. Meanwhile, local economies have been struggling to prosper […]
Continue ReadingEthereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network. Ethereum (ETH) core developers have reached a tentative consensus to implement a new proof-of-work (PoW) algorithm that would increase the efficiency of GPU-based — as opposed to ASIC-based — mining […]
Continue ReadingThe government of Abkhazia has cut off power to 15 crypto mining farms due to concerns over electricity consumption. The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31. Per the announcement, Chernomorenergo […]
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Huobi plans to launch the company’s first crypto exchange — dedicated to EOS — in the first quarter of 2019. Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to a press release sent to Cointelegraph on Dec. 29. […]
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The Litecoin Foundation will sponsor a mixed martial arts title fight in the Ultimate Fighting Championship as part of its effort to expand crypto adoption. The Litecoin Foundation will sponsor an event of the Ultimate Fighting Championship (UFC) mixed martial arts organization, according to an announcement published Dec. 26. In the statement, the foundation said […]
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An additional 2.04 million Bitcoin Private, worth about $3.672 million, have reportedly been secretly coined while importing Bitcoin chain data. During the import of Bitcoin (BTC) chain data, an additional 2.04 million units of altcoin Bitcoin Private (BTCP) have reportedly been secretly coined, crypto assets analytics website Coin Metrics reports Dec. 23. The allegedly secretly […]
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Monero will feature tiny block rewards after the whole supply is mined, which will continue indefinitely. Miners have now extracted 90 percent of privacy-focused cryptocurrency Monero (XMR) and will net the remainder by May 2022, data from monitoring resource Monero Blocks confirmed Dec. 20. Monero — whose developers place anonymity and untethered usage of coins […]
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Fintech is believed to be a risk for financial stability, the Depository Trust and Clearing Corporation Systemic Risk Barometer Survey states. Fintech is believed to be a “systemic risk” to the broader economy, according to a survey conducted by the United States Depository Trust and Clearing Corporation (DTCC), Dec. 11. 20 percent of respondents to […]
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