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Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low


Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...

New in Chrome: CSS Overview


Here’s a fancy new experimental feature in Chrome! Now, we can get an overview of the CSS used on a site, from how many colors there are to the number of unused declarations… even down to the total number of defined media queries. Again, this is an experimental feature. Not only does that...

7-Eleven, CVS, Rite Aid: Libertyx Adds 20,000 Stores to Buy Bitcoin With Cash


Libertyx has expanded its network to include 20,000 7-Eleven, CVS, and Rite Aid Pharmacy stores where customers can buy bitcoin with cash. They can also buy bitcoin using debit cards at one of Libertyx’s vast network of ATMs, bringing the total of locations to 25,000 across 45 U.S. states....

Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7


Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...

Striking a Balance Between Native and Custom Select Elements


Here’s the plan! We’re going to build a styled select element. Not just the outside, but the inside too. Total styling control. Plus we’re going to make it accessible. We’re not going to try to replicate everything that the browser does by default with a native <select> element. We’re going...

Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving


Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC...

Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In


Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...

65% of Global Bitcoin Hashrate Concentrated in China


A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...

75 Companies Back Facebook Libra’s Competitor Celo


Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....

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