El consumo de energía de las criptomonedas aumentó 900% en cinco años y alcanzó alrededor del 0,4% del uso de electricidad mundial, afirmó la comisión, y prometió realizar otro informe sobre el tema para el 2025 que podría ofrecer recomendaciones para reducir el uso de energía de las criptomonedas. Luego, añadió que Europa representa el 10% de la minería proof-of-work global. Source
Bitcoin’s (BTC) lack of volatility has been the dominant discussion point among traders for the past two weeks and the current sideways trading within the $18,000 to $25,000 range has been in effect for 126 days. A majority of traders agree that a significant price move is imminent, but exactly what are they basing this thesis on? Let’s take a look at three data points that predict a spike in Bitcoin volatility. Muted volatility and seller exhaustion According to Glassnode research, the “Bitcoin market is primed for volatility,” with on-…
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Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject to this year’s annual records. Satoshi Nakamoto’s Bitcoin Enters the Guinness Book of World Records Satoshi Nakamoto’s cryptocurrency and blockchain network, Bitcoin, has received a number of accolades over the years, and it’s been recognized by mainstream media sources and traditional mediums. For instance, in…
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“We’re certainly disappointed that it looks like we’re gonna miss our goal of launching it this year,” Lane said on Silvergate’s earnings conference call Tuesday. The company, Lane added, is working diligently to build its operational and regulatory compliance “muscle” to ensure a smooth launch. Source
The European Union (EU) released a package of documents on Oct. 18 related to an action plan for implementing the European Green Deal and the REPowerEU Plan, both of which aim at energy savings by digitalizing the energy sector. The European energy planners have crypto miners in their sights along with myriad other energy users. The REPowerEU Plan was announced in May as a response to the Russian invasion of Ukraine, which has had a profound impact on European energy supplies. The Russian crisis was an opportunity for “fast forwarding…
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions. When miners verify the hashes of unconfirmed blocks, they receive a reward for each verified hash. Mining can be energy and computationally-intensive, requiring specialized hardware and crypto-mining software. Among the most mined (and most profitable) cryptocurrencies are Bitcoin (BTC), Monero (XMR), Ravencoin (RVN), and Dogecoin (DOGE). Ether (ETH) used to…
Since the cryptocurrency launched ethereumpow (ETHW) has seen spot market prices decline by close to 12% during the last seven days. Despite the fact that during the last two weeks ETHW has shed 35% in USD value, the network’s token economy and decentralized finance (defi) ecosystem has swelled. ETHW Spot Market Prices Slide, While the Network’s Total Value Locked in Defi Climbs Ethereumpow (ETHW) markets haven’t been so hot in recent times and since the crypto asset’s value was recorded before the mainnet went live, ETHW is down roughly 88%…
When LUNA and its sister token TerraUSD began to collapse in May, Voyager sought to determine the impact on Three Arrows and was initially told Three Arrows had only limited exposure to LUNA. Later in June, however, 3AC employee Tim Lo advised Voyager to recall all of its loans to 3AC because he was concerned that 3AC’s founders were not responding to requests for information from Lo and other employees. Source