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Argentina Energy Provider Seals New Bitcoin Mining Deal


Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia. The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews

Shibarium witnesses a historic rise in gas fees ahead of a hard fork


Shibarium recently revealed that it was witnessing a historic rise in gas fees. This development coincided with a notable increase in the number of active users. The network has set the perfect stage for its upcoming L2 scalability solution upgrade. Even before its release, the much-anticipated...

Omnity Protocol Launches New Integration for Low Fee Runes Trading


Omnity protocol is launching a new integration for the trading of Runes tokens without ‘risky cross chain bridges” or any gas or transaction fees. The post Omnity Protocol Launches New Integration for Low Fee Runes Trading appeared first on Cryptonews

Celo Adds Tether’s USDT as Gas Currency


Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin...

Peter Brandt slams “Outrageous” Ethereum gas post-Dencun upgrade


Eminent financial specialist and professional marketer Peter Brandt has once again doubted the prospects of Ethereum (ETH), the well-known blockchain platform, the originator of smart contracts, and the foundation of the Decentralized Finance (DeFi) industry. According to Brandt, Ethereum, despite...

Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina


Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend. The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability


Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur...

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