Crypto enthusiast Simon Byrne has decided to use the power of his hybrid sports car to mine Ether (ETH). As the Coin Desk portal clarifies, the American installed a mining farm in the trunk of a BMW i8 car. The farm is powered by the sports car battery. The equipment includes six video cards of the Nvidia RTX 3080s series, which are most often used in altcoin mining. They can work while…
The Ethereum rate still has a chance of surpassing $ 2,000, according to Cointelegraph analyst Marcel Pechman. At 3:00 p.m. Moscow time, the main altcoin is worth $ 1.3 thousand, and its value has increased by 110% over the past month, according to data from…
Will Bitcoin continue to fall in price?
January 26, 2021
Since January 8, Bitcoin has fallen in price by almost 25%. On that day, the first cryptocurrency set a new price maximum – $ 42 thousand.Then quotes began to decline, on January 22, one coin was worth less than $ 29 thousand. But BTC has already won back part of the…
Chinese public gaming company The9 has announced an agreement to purchase 26,007 ASIC miners as part of its plan to enter the cryptocurrency market. NBTC, a subsidiary of The9, will operate ASIC miners that are expected to deliver a hashrate of 549 petahesh per second (PH / s). The9 reports that “most” of the miners are already operating in Xinjiang, Sichuan and Gansu. According to…
Financial expert and implacable critic of the first cryptocurrency, Peter Schiff, once again pointed out the disadvantages of bitcoin, comparing it to gold. Community response was not long in coming.
Losing the private key to your Bitcoin wallet is not the same thing as…
Subsidiary Digital Currency Group entered the top 10 mining pools
January 26, 2021
Foundry, a subsidiary of the Digital Currency Group (DCG), entered the top 10 largest mining pools in the world. CEO Barry Silbert announced this on Tuesday, January 26th. Foundry will soon enter the top 5 mining pools and become “the largest pool in the US,”…
More than 50% of wallets are involved in Cardano staking
January 26, 2021
The majority of Cardano (ADA) cryptocurrency holders participate in staking – 55% of wallets with non-zero balance have delegated their coins for staking.
Earlier this month, Cardano emerged as the most decentralized blockchain and displaced the Polkadot network as the leader. Currently 69% of issued ADA coins are locked for staking. Cardano’s developers have stated that the network…
FinCEN Resumes Discussion Period on Crypto Industry Regulation
January 26, 2021
The Financial Crimes Enforcement Network of the United States (FinCEN) has extended the discussion period on recently proposed rules for transactions involving virtual currencies. The comment period will run 60 days after the proposal is added to the federal register on…
What are Bitcoin charts signaling?
January 26, 2021
Bitcoin launched an upside attempt on January 25, but bounced off the $ 33,700 resistance area and began to decline. Despite the significant drawdown, Bitcoin could find short-term support and make a new attempt to strengthen and storm the aforementioned resistance. Price…
The Santimet report says that the number of addresses containing at least 100,000 UniSwap (UNI) tokens has grown significantly over the past three weeks. The researchers found that the number of large wallets rose to 237 (+ 16%). Three weeks ago, only 204 addresses owned the same volume of cryptocurrency. The accumulation is observed against the background of the growth in the value of the DeFi…