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Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times
21.2.2023
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block...
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
17.2.2023
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says...
Meta Reportedly Preparing for a New Round of Layoffs
14.2.2023
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams, causing operational delays and affecting the output...
Meta Calls 2023 a ‘Year of Efficiency;’ Anticipates More Losses in Its Metaverse Division
4.2.2023
Meta, the company that owns Facebook, Instagram, and Whatsapp, has shared its fourth quarter results, reporting better numbers than expected. While the company beat revenue estimates, CEO Mark Zuckerberg declared 2023 a “Year of Efficiency,” hinting at a further restructuration of...
Green Crypto Project to Drive Up EV Charging Payments Efficiency Raises $300k - How to Invest in C+Charge
17.1.2023
The electric vehicle (EV) industry is experiencing a rapid growth and with it comes the need for a more efficient and convenient way to charge these vehicles. Enter C+Charge, a blockchain-based platform that aims to make EV charging more accessible and convenient for EV owners. The platform...
Document.elementFromPoint
30.12.2022
Reacting to events with JavaScript is the foundation of a dynamic experiences on the web. Whether it’s a click event or another typical action, responding to that action is important. We started with assigning events to specific elements, then moved to event delegation for efficiency, but...
Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid
3.12.2022
On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be beneficial to the Texas grid during the upcoming...
How smart contracts can improve efficiency in healthcare
2.12.2022
From insurance to telehealth, smart contracts are finding use cases across the healthcare industry
Mining Rig Manufacturer Canaan Launches 2 New ASIC Bitcoin Miners With up to 130 Terahash
24.10.2022
On Monday, bitcoin mining rig manufacturer Canaan Inc., announced the launch of the company’s latest high-performance bitcoin miners called the A13 series. Canaan has revealed two models in the A13 series, which feature “improved power efficiency over its predecessors,” and the new models produce...
Sui Network Turns to Mist Units to Improve Payment Efficiency
21.10.2022
Developers said that denoting Sui in Mist units will enable more flexibility in SUI transactions by supporting micropayments at very low gas fees
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...
Sam Bankman-Fried announces efficiency updates to FTX
10.10.2022
The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
Working Group to Develop Efficiency Standard for Crypto Mining in Russia
19.9.2022
Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining...
YouTuber's Teardown Of New PS5 Posits It's Cheaper Despite Price Increase
7.9.2022
A revised model of the PlayStation 5 recently appeared in Australia, and a preliminary teardown of the hardware shows some big changes. The main takeaways are that Sony has made the guts of the machine more efficient and possibly reduced the power consumption of the system by almost 10 percent....
Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations
4.9.2022
The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well...
CCRI Finds TRON as One of the Top Eco-Friendly Blockchains
25.8.2022
A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just...
Pocket DAO Passes Two Key Proposals on Node Incentives
28.7.2022
PRESS RELEASE. Pocket Network, a decentralized Web3 infrastructure provider that services blockchain data requests for applications and developers, is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down. As of late June,...
First Mover Asia: Is DEX Efficiency a Threat to Coinbase Long-Term?; Bitcoin Sinks Below $22K
26.7.2022
Coinbase’s revenue dwarfs the decentralized exchange Uniswaps, but the two companies are generating roughly the same trading volume, and Uniswap is operating with a significantly smaller workforce
CFTC will remodel LabCFTC, education office to increase regulatory efficiency
25.7.2022
CFTC chair Rostin Behnam spoke at a webinar about how the agency, even lacking broad authority, is trying to keep up with rapid developments in financial technology