Search
Argo’s H1 Revenue Soars but Profits Drop as Bitcoin’s Halving Boosts Mining Costs
9.9.2020
Argo Blockchain has reported a near quadrupling in revenue even as capital depreciation led pre-tax profits to slide by 45%
Band Protocol CEO says that a single Chainlink data request costs $450
1.9.2020
Band Protocol is about to give Chainlink a run for its money on Ethereum
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
1.9.2020
The situation is eerily reminiscent of December 2017
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
18.8.2020
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0.065-0.075 yuan or $0.01 per kilowatt-hour. According...
Destination Blockchain: Shaking Up Travel Industry and Cutting Costs
1.7.2020
Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry
Ethereum Developers Consider New Fee Model as Gas Costs Climb
29.6.2020
With EIP 1559, Ethereum developers are proposing a dynamic pricing system to lower the blockchain network's current high gas fees
Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019
8.6.2020
On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
Bitcoin Transaction Costs Soar 400% Amid Halving Hyperbole
11.5.2020
The average transaction cost for Bitcoin (BTC) soared 414% in the days before the halving, peaking at $3.19 on May 8, from as low as $0.62 on April 26. This is the highest price bitcoiners have paid for a transaction on the network in ten months, according to data from Bitinfocharts. Fees are paid...
Miners in Europe Gear Up for Bitcoin Halving, but Energy Costs Still a Barrier
9.5.2020
As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving?
Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis
7.4.2020
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic
Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them
27.3.2020
According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Also read: Bitcoin Hashrate Down 45% – Miners...
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits
12.3.2020
Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts....
Australian Court Accepts Cryptocurrency Exchange Account as Security for Legal Costs
28.2.2020
A court in Australia has agreed that a crypto exchange account can be used as security for potential legal expenses. Acknowledging the volatile nature of decentralized digital assets, the judge nevertheless conceded that cryptocurrency is a recognized form of investment in the current uncertain...
For Crypto Miners, Bitcoin’s Halving Could Mean a Doubling in Costs
14.2.2020
To the operators of high-speed computers used to mine for bitcoin, the halving looks more like a doubling — of costs
The Unseen Performance Costs of Modern CSS-in-JS Libraries
13.2.2020
This article is full of a bunch of data from Aggelos Arvanitakis. But lemme just focus on his final bit of advice:
Investigate whether a zero-runtime CSS-in-JS library can work for your project. Sometimes we tend to prefer writing CSS in JS for the DX (developer experience) it offers, without...
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
London-Based Cryptocurrency Exchange LBX Faces Compulsory Liquidation
9.2.2020
London-based cryptocurrency exchange LBX is the latest digital asset trading venue to face critical difficulties and is now being liquidated. Despite rising crypto prices, which typically lead to an influx of new traders, some regulated exchanges have struggled to survive amidst rising legal fees...
UK Crypto Startups to Pay Discounted £2,000 Fee for Registration, FCA Revises Application Charges
5.2.2020
Young and small cryptocurrency businesses will pay lower registration fees than big companies, the United Kingdom’s financial watchdog has decided after consultations with members of the industry. The revised fee scheme takes into account the firms’ income to determine the amount...