Finally, the Ethereum Merge long-awaited Merge has occurred. As the most hyped historic event in the crypto space, many people projected different sentiments about the upgrade. Parts of the pre-merge reactions were negative. With the official conclusion of the Paris upgrade, popularly known as the Merge, the Ethereum network transited from PoW to PoS. This marked the consolidation of the two separate layers, the execution layer (PoW chain) and consensus layer (Beacon Chain). No Immediate Volatility With The Ethereum Merge While many people in the crypto industry had expected the…
Day: September 16, 2022
Shutting Down Eth GPU Mining
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io My car Youtube channel -Amazon Affiliate link (use it to buy anything on amazon and it helps me out) -Parallel Miner (mining accessories psu etc) -Forums -Facebook group Fixed Discord Link GPU Clips and more 10% off Instagram Twitter email brandoncoin1201@gmail.com Warning Dont Mine ETH to Binance Direct Shutting Down Eth GPU Mining ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
El 90% de los mineros PoW quedará en bancarrota, según el minero de Ethereum Chandler Guo
Algunos de esos mineros han recurrido a una bifurcación de Ethereum que todavía utiliza el sistema proof-of-work (PoW) para poder seguir minando. Pero hasta Chandler Guo, uno de los defensores más firmes de la bifurcación, cree que solo el 10% de los que usan PoW para minar ETHPOW (el token de la bifurcación de la fusión de Ethereum) o ETC (el token de ethereum classic) sobrevivirá en última instancia. Source
Bitcoin Barely Holds Onto $20,000 Support
In this episode of NewsBTC’s daily technical analysis videos, we provide a weekly wrap up on Bitcoin price action and look ahead into what might be a critical weekend for crypto. VIDEO: Bitcoin Price Analysis (BTCUSD): September 16, 2022 Overall, there isn’t all that much more to report this week. Bitcoin is still struggling to maintain support and continues to creep lower and lower. We could get some sort of larger movement soon, however. The LMACD is close to crossing bearish on the daily. Sometimes, although the crossover looks all but…
Bitcoin Whale Selling Pressure Continues As BTC Dips Under $20k
On-chain data shows Bitcoin whales have continued to put selling pressure on the market as the price of the crypto now drops below $20k. Bitcoin Exchange Whale Ratio Has Spiked Up To High Values As pointed out by a post from CryptoQuant, the exchange inflows that followed the US CPI release lead to the price crashing 10% in only a couple of hours. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 Bitcoin transactions to exchanges, to the total exchange inflows.…
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
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European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
The European Central Bank, or ECB, has announced it will be collaborating with five companies for the development of potential digital euro user interfaces. In a Friday announcement, the ECB said it had chosen “Big Four” tech company Amazon, fintech firm Nexi, Spanish digital bank CaixaBank, French payments platform Worldline and the European Payments Initiative, or EPI, to each focus on developing a prototype based on specific use cases of the digital euro. According to the central bank, the firms will create front-end prototypes, which will not be used in…
Nine Chronicles and its NFT project, D:CC
NFTs are all the rage today. Among their multiple use cases, NFTs in games are one of the most popular utilities. Various industries, including games, music, sports, and more, are using NFTs for a wide range of purposes. NFTs can potentially change how users interact with each other within or outside the gaming world. Let’s find out how the top projects in the blockchain industry are leveraging NFTs and more about the Nine Chronicles NFT project. How is the Gaming Industry using NFTs? Game NFTs have multiple use cases. For…
Ethereum Proof-of-Work Fork Stumbles as Justin Sun’s Poloniex Supports Rival Fork
Amid the initial buzz, some exchanges rushed to list a derivative of the potential blockchain’s would-be token, including crypto exchange Poloniex. Sun, an investor in Poloniex, became one of the loudest proponents of the proof-of-work fork of Ethereum, saying that it is a tried-and-tested system for the second largest blockchain. Source
New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours – Bitcoin News
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and the fork has managed to garner 60.92 terahash per second (TH/s) of hashpower. However, ETHW has lost a considerable amount of fiat value, dropping 90.72% from the crypto asset’s all-time high (ATH). The newly launched coin has shed over 39% in value during the past 24 hours. ETHW Chain Is Now Live,…