The drop in the hash rate is equal to just over 2%due to the new restrictive measures. State Grid, the state energy company, calls for expanding the ban to the rest of the country.
Mudit Gupta, the creator of the Göerli ETH faucet, said that Cronje's proposal was unworkable. Cronje's announcement caused many Twitter users to express their discontent while others joked they would become millionaires.
In...
The alleged trader leveraged 325 ETH with the ETH/USDT pair at 25x, which caused him to lose 90% of the invested capital. Following the drop of the cryptocurrency, he sold his Ether holdings to recover part...
The interval between blocks grew to 32.6 minutes, 226% greater than the 10 minutes that characterize Bitcoin's block mining rate. The network's hash rate fell from 180 EH/s to an all-time low of 65 EH/s when...
The lower energy consumption for mining Bitcoin has reduced the chances of carbon dioxide emissions. Chinese mining farms are migrating to settle in places with renewable energy like the United States.
Currently, Bitcoin...
The law would bring benefits to wage earners and service exporters. Employees could pick whether they want to collect all or just part of their salary in cryptocurrencies.
Workers in a dependency relationship...
The authorities intend to make amendments to their criminal legislation. Russia seems to be protecting itself from the possible mass exodus of Bitcoin miners from China.
The Russian authorities are creating a series...
Two geothermal plants are the focus of attention within the bitcoin community. Geothermal energy currently produces about 204 MW of electricity, marking 22% of the total source.
Nayib Bukele’s proposal of bitcoin (BTC)...
The positivism about the upcoming hard fork has led the ETC network to accumulate profits above 30%. If the cryptocurrency crosses the resistance at USD 60.71, the bulls will recover the short-term control.
The ban on mining in Chinese key provinces is the main reason for the fall of the Bitcoin hash rate. The government of the Asian country has banned mining since the use of fossil fuel goes...