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Ethereum Hashrate Skyrockets for the First Time in 2 Years
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For the first time in over two years, the Ethereum hashrate shot upwards, reaching nearly 250 terahashes a second. The closest it has been to the 300 TH/s recorded in August 2018, with it going down or stagnant until in July this year when it spiked.



The explosive increase in the ethereum...

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By: Wayne Jones

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#BTC #DeFi #ETH #Hashrate #PoW #Qtum
Staking Sets as the Trending Crypto Investment in 2020
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Over the last year, more people have been paying attention to staking to earn passive income with crypto. Averting from the widespread belief that huge profits can only be made from buying cryptocurrencies at low prices and selling them when prices go up, staking seeks to reduce PoW risks.



As...

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By: Wayne Jones

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#Cardano #FigmentNetworks #MyContainer #PoS #PoW
The Effects of Blockchains and Cryptocurrencies on the Manufacturing Sector
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The financial sector has undergone tremendous changes since cryptocurrencies and blockchain advancements hit the global market. After the launch of Bitcoin in 2009, institutional and retail investors have experienced a new digitized way of trading with digital currencies.



While...

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By: Wayne Jones

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#Bitcoin #BlockchainInManufacturing #BlockchainTechnology #Cardano #Cryptos #Dogecoin #LowInflatiom #PoS #PoW #Scalability
How BTC Hash Rates Affect the Price of Bitcoin
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In a Proof of Work blockchain, miners participate in validating transactions by solving complex algorithms. Therefore, it makes it necessary to acquire mining equipment that will compute these complex algorithms. The effectiveness of a mining device depends on its hash rates, which shows the ...

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By: Wayne Jones

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#Bitcoin #BTCHashRate #BtcMining #BTCPrice #PoW
EU Parliament Votes Against Ban On PoW Crypto
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The usage of Proof-of-Work (PoW) crypto was in doubt following the draft of the European Union’s (EU) proposed legal framework



No Ban On PoW Crypto



The use of Proof-of-Work (PoW) cryptocurrencies was called into question following the publication of a draft of the European Union's (EU) p...

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By: Max Clark

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#Altcoin #Bitcoin #Blockchain #BTC #Crypto #Cryptocurrency #Ethereum #MiCA #PoW #Regulation
EU Officially Says No To Provisions Restricting Bitcoin
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The current draft of MiCA does not include the provision to ban cryptocurrencies like Bitcoin operating on the proof-of-work protocol



The EU's much-debated MiCA rule is moving forward, but without the PoW prohibition clauses. The EU's new MiCA legislation have sparked a lot of debate,...

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By: Edmund Ng

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#Altcoin #Bitcoin #Blockchain #BTC #Crypto #Cryptocurrency #DeFi #EU #MiCA #NFT #PoW #Regulation