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Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
7.6.2022
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at...
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
26.5.2022
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when the difficulty dropped 4.81% at block height 691,488. Bitcoin...
Useful Tools for Creating AVIF Images
9.5.2022
AVIF (AV1 Image File Format) is a modern image file format specification for storing images that offer a much more significant file reduction when compared to other formats like JPG, JPEG, PNG, and WebP. Version 1.0.0 of the AVIF specification …
Useful Tools for Creating AVIF Images...
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
27.4.2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining...
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving
14.4.2022
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain...
Fed’s Brainard Says Balance Sheet Reduction to Happen Rapidly
5.4.2022
Brainard's speech comes a day before the Federal Open Market Committee (FOMC) will release minutes of its March 15-16 meeting in which members decided to raise the federal funds rate for the first time in three years
Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges
8.3.2022
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device
5.2.2022
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs...
WDRL — Edition 294: Floating UI, Aria not allowed, Open Props, Mercy and Opinion overload reduction
27.12.2021
Hey,
every year towards the end of it I want to remind you that if you like my work, you can help financing this newsletter by giving a contribution. I want to say thank you to everyone here who reads or supports this project.
This year has been challenging for many. For me, it definitely was....
Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability
11.12.2021
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a blog post called “Endgame,” published on December 6, the co-founder of Ethereum, Vitalik Buterin discussed plans to improve scaling, the upcoming...
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
28.11.2021
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin...
Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs
18.5.2021
A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive to improve productivity and efficiency amid rising competition from fintech and non-bank financial institutions. US Banking Sector...
Mike Rowe’s New Discovery+ Show Is Big Oil-Funded Propaganda
2.4.2021
Reality show host Mike Rowe’s new series Six Degrees, which is currently streaming on Discovery+ and will soon air on television, begins how I expected it would: with him on screen in a t-shirt, jeans, and baseball cap, and smiling wryly. It’s classic Rowe, posturing as an avatar for the “average”...
Bytetree Founder Believes Grayscale Should Lower Its ‘Unrealistically High’ Fee: Warns of Possible ‘Systemic Risk’
21.3.2021
The founder of Bytetree Asset Management, Charlie Morris, has suggested the reduction of the GBTC management fee as one way Grayscale Investment can ease the current selling pressure and possibly reduce the discount on the shares. Morris says if no action is taken, “the selling pressure will...
Bitcoin Halving: Definitive Guide (In Just 5 Minutes)
10.2.2021
Bitcoin halving is often referred to as “Halvening”, it’s a formulated reduction in the reward coins offered to the miners using a predefined blockchain algorithm. Bitcoin halvings take place once in every four – 4 years approximately, or for every … Continued
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Track: Design as Reduction | Artist: Brian Eno | Album: Film Music Europa
5.2.2021
Track: Design as Reduction | Artist: Brian Eno | Album: Film Music EuropaRead more
KickEX gives away $10,000 to celebrate the reduction of KYC requirements
21.7.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
To mark the occasion of reducing the KYC requirements, KickEX exchange is organising a mass trading contest with prizes for 100 the most active traders, starting the 21st of July. Contest participants need to make...