Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s. Bitcoin’s Hashrate Climbs Higher Following Difficulty Decrease Following the…
PRESS RELEASE. The next crypto conference lighting up the season is DeFiCon 2021, hosted on December 18-19 in Brooklyn, NYC. As a nonprofit conference, DeFiCon steers away from the typical corporate and for-profit conference model. All of DeFiCon’s net proceeds will be donated to charity. The event is also engages civic leaders and activists. Featured…
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners Pay More for Power The ongoing crackdown on cryptocurrency mining in…
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million. Additionally the project…
OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics started on November 1, 2021,…
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement…
