“The Intel Blockscale ASIC’s specs only apply to one unit of the silicon itself, rather than potential output of a fully built system,” according to the company’s spokesperson. “Typically, mining systems include hundreds of ASICs enabling a much higher hash rate at the system level,” the spokesperson added. Original
Day: April 4, 2022
Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
Pools currently deployed on Curve are backed by centralized or decentralized stablecoins, wrapped tokens – such as wrapped bitcoin – or a basket of various assets. 4pool, however, will bring together UST and FRAX, the two largest decentralized stablecoins with a cumulative backing of over $19.6 billion, and USDT and USDC, the two largest centralized stablecoins, with a cumulative backing of $133 billion. Source
Norway has almost 1% of global BTC hash rate
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower. The report compiled data from the Cambridge Bitcoin Electricity Consumption Index and data from Coinshares to conclude that Norway contributes 0.77% to the Bitcoin total global hashrate. By way of comparison, Norway’s population of 5 million contributes a tenth of that–or 0.07% of the global population. Crucially, according to the Norwegian…
31/01/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 31/01/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Lamborghini Set to Launch Space-Themed NFT Collection. -Shiba Inu price analysis: SHIB/USD to meet resistance at $0.00002210, will it break?. -9 Billion SHIB…
Tesla CEO Elon Musk Takes Stake in Twitter — Analyst Says It Could Lead to a Buyout – Featured Bitcoin News
Tesla CEO Elon Musk has taken a stake in Twitter Inc. after stating that he is “giving serious thought” to building a new social media platform — one that prioritizes free speech. An analyst says this could eventually lead to a buyout. Elon Musk’s Stake in Twitter Tesla and Spacex CEO Elon Musk disclosed that he has taken a 9.2% stake in Twitter Inc. in a filing with the U.S. Securities and Exchange Commission (SEC) Monday. The Elon Musk Revocable Trust, for which the Tesla boss is the sole trustee,…
Waves' USDN Stablecoin Loses Peg, Drops 15% Amid Manipulation Scare
USDN’s market capitalization had nearly doubled to $850 million in March. Source
Former Binance CFO Wei Zhou Buys Coins.ph Exchange: Report
Zhou bought Coins.ph, a mobile wallet and digital currency exchange, from Indonesia’s Gojek, according to a report. Source
Vitalik Buterin is worried about Ethereum, here’s how the community responds
Vitalik Buterin, the founder of Ethereum (ETH), recently expressed his concerns about Ethereum’s future. However, attendees of the recent ETHDubai event voiced mixed sentiments over Buterin’s talk on crypto’s perils. In an interview, Ethereum’s founder pointed out some of his worries regarding the platform. This includes the platform being populated by players who are only after profit and deviate from the original vision of an egalitarian platform. “If we don’t exercise our voice, the only things that get built are the things that are immediately profitable,” Buterin said. The recent…
Ledger partners with The Sandbox to promote crypto education in metaverse
The cryptocurrency hardware wallet provider Ledger has partnered with The Sandbox blockchain game to promote crypto education in its virtual world. Ledger’s chief experience officer Ian Rogers announced the news at the Non-Fungible Conference (NFC) on Monday. He said that the new partnership aims to bring security into The Sandbox’s world and also provide Ledger with a place in The Sandbox (SAND) to educate people about crypto. Rogers thanked The Sandbox and the company’s co-founder and chief operations officer Sebastien Borget for this opportunity, noting that Ledger will provide SAND…
Dogecoin Spikes 10% as Musk Takes Almost $3B Stake in Twitter
Prices of some other ‘memecoins’ increased in tandem. Source