Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past 2,016 blocks. The next difficulty change, set to occur on March 10, is estimated to
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting
Mining cryptocurrency can be a good way to earn money, but it takes a lot of effort and knowledge to get into. While you will be able to make money if you get started right away, it’s not an easy task to do. However, many people are able to make money because they are dedicated …
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This is the first Ethereum public test since the Merge upgrade in September 2022. Developers said further testnets would be triggered in the coming week. According to a Jan. 31 post by Ethereum Foundation developer Parithosh Jayanthi, the “Zhejiang” public withdrawal testnet will launch on Feb. 1 at 3:00 pm UTC. Six days after Zhejiang
Holding the number one and two spots for overall market cap in cryptocurrency, Bitcoin and Ethereum are often compared against each other.There’s an ongoing debate over which cryptocurrency is better, but focusing on the individual tokens is only part of what makes Bitcoin and Ethereum different–and incredible.The Bitcoin and Ethereum blockchains were created for different purposes
Extreme fluctuations in the price of bitcoin often beg the question: Is BTC still worth buying?If you’re not familiar with Bitcoin, we recently published Bitcoin, Explained that shares the basics of Bitcoin and how it works.Here’s a quick recap:Bitcoin is a blockchain network, while bitcoin or BTC is a cryptocurrency.BTC has largest market cap of any cryptocurrency.BTC enables
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto Brokers Told to Comply With
What is a seed phrase, and why is it important?A seed phrase is your last resort when it comes to accessing the keys to your crypto. Should you ever get locked out of or lose your crypto wallet, your seed phrase can get you back in.But, lose the seed phrase, and the crypto is gone, so
ApeCoin gained 3% on Friday and remains green over the week ApeCoin will start to issue staking rewards on December 12 The cryptocurrency faces resistance approaching the upper limit of descending channel ApeCoin (APE/USD) staking functionality is no longer a dream – it’s a reality. Staking rewards are set to begin on December 12. Apes are
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught
Introduction Are you looking to invest in cryptocurrency, but you’re not sure where to start? Do you feel like every article out there talks in code and uses jargon you don’t understand? If so, then you need to get acquainted with the different types of crypto you can invest in. Crypto is not just bitcoin …
Keeping Up With Crypto The crypto world is definitely not the easiest thing to master. It’s difficult enough for experienced traders to keep up with the constant developments in the field, let alone for newbies who have yet to learn the basics. As the most novel addition to the financial scene, with a rather high …
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Polygon token has lost 2% in the day and 6% in a week Bulls continue to defend $0.77 amid weak momentum We need further price action to ascertain the potential direction for MATIC. Polygon’s (MATIC/USD) is one of those cryptocurrencies that has endured the bear turbulence quite well. The cryptocurrency looked prime for a sustained recovery
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir
This Blockchain Brief is all about Solana (SOL), an energy-efficient, fast, and low-cost blockchain that powers dApps around the world.What is SOL?Solana is a blockchain platform that includes proof of history (PoH) technology to improve speed without sacrificing security.Because of its PoH technology, Solana is one of the fastest blockchains available, with an average processing speed of
You shouldn’t have to pay fees to spend your crypto. It’s yours, after all.But this isn’t how it works with most crypto cards today. When you spend your crypto, companies charge you a transaction fee to convert your crypto to cash prior to completing your purchase.We believe you should be able to spend your crypto freely.This is
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