Exploring the world of Bitcoin, Ethereum and cryptocurrency mining.
Bitcoin mining firm Compute North files for bankruptcy, CEO resigns
The firm reportedly owes $500 million to about 200 creditors and has assets that are valued between $100 million and $500 million.
Zilliqa launches web3 gaming console with in-built miner and crypto wallet
A web3 gaming console with mining capabilities will be released in early 2023 to onboard new users into the blockchain gaming space
Maple Finance launches $300M lending pool for Bitcoin mining firms
The lending pool is open to mid-sized bitcoin mining providers. Real-world assets will be required for the loan which is repayable over a 12-18 months period.
Ethereum vanity address exploit may be cause of Wintermute hack
It may take less than 2 months to brute force hack an Ethereum vanity address using a GPU mining rig.
Ethereum PoW loses 200 WETH to Omni bridge vulnerability exploit
Omni bridge failed to validate the actual chainID before approving the transaction.
Grayscale Investment moves to sell all ETHPOW tokens
ETHE and GDLC funds will transfer ownership of 3,100,629 ETHPoW tokens to Grayscale Investment. The tokens will be sold when deep liquidity is developed for ETHW trading.
Ethereum Classic hashrate surges to over 200 TH/s post-Merge
Ethereum Classic's hash rate is at a record high of 222.5 terahashes per second (TH/s) recording an over 250% surge in the last 24 hours.
Bitcoin mining difficulty expected to reach new all time high
Bitcoin’s price crashed by over 6% within the last 24 hours to around $20,800.
Ethereum Proof-of-Work fork set to launch 24 hours post-Merge
The ETHW team announced the PoW mainnet will start at the block height of the Merge "plus 2048 blocks" to ensure the chainID switches successfully.
Here’s why miner capitulation is actually good news for Bitcoin
While brutal, fluctuations in mining profitability purge the network from unprofitable operations and weak miners unable to bear the volatility.
White House releases report on crypto mining effect on environment
The report focuses primarily on establishing standards for crypto miners, and recommends several measures to limit the energy consumption of proof of work mining.
Ethereum Classic falls 13%; Cardano founder recommends Ergo for proof-of-work
Ethereum Classic fell by 13% since Sept. 6, while Cardano founder Charles Hoskinson suggests miners to turn to Ergo. On the other hand, Ethereum founder Vitalik Buterin boosts ETC mining community.
Charles Hoskinson calls Ethereum Classic ‘dead project with no purpose’
Hoskinson has recommended Ergo to proof-of-work proponents saying the coin is "innovating and has a great community."
Bitcoin mining hash rate spikes 60% despite plummeting revenue per terra hash
The Bitcoin hash rate continues trending upwards even though revenue per terra hash carries on falling.
Study shows 62% of Bitcoin network is zero-emission
A recent study revealed that the carbon-neutral impact of the Bitcoin network increased by 41% since March 2021, and another 4.2% has a carbon-negative impact.
Largest Ethereum mining pool opens up staking ahead of the Merge
Ethermine Staking will enable users to earn interest on as little as 0.1 ETH as if they were staking it, without the need to put down the 32 ETH required to become a validator.
Could Gitcoin Grants address be under sanctions from the U.S. amid Tornado Cash saga?
A smart contract written by Martin Köppelmann, Co-founder of Gnosis has revealed evidence of miner censorship on the Ethereum blockchain.