Miners

Analyzing Token Sale Models

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Time Stamp: February 20, 2024 1:29 PM - Modified On: February 20, 2024 - Published By:
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Republished By Plato

Note: I mention the names of various projects below only to compare and contrast their token sale mechanisms; this should NOT be taken as an endorsement or criticism of any specific project as a whole. It's entirely possible for any given project to be total trash as a whole and yet still have an awesome token sale model. The last few months have seen an increasing amount of innovation in token sale models. Two years ago, the space was simple: there were capped sales, which sold a fixed number of

Hard Forks, Soft Forks, Defaults and Coercion

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Time Stamp: February 20, 2024 1:15 PM - Modified On: February 20, 2024 - Published By:
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One of the important arguments in the blockchain space is that of whether hard forks or soft forks are the preferred protocol upgrade mechanism. The basic difference between the two is that soft forks change the rules of a protocol by strictly reducing the set of transactions that is valid, so nodes following the old rules will still get on the new chain (provided that the majority of miners/validators implements the fork), whereas hard forks allow previously invalid transactions and blocks to become valid, so clients must upgrade their clients

[Mirror] A Proof of Stake Design Philosophy

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Time Stamp: February 2, 2024 10:55 AM - Modified On: February 2, 2024 - Published By:
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Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

Krypto Miners Club Releases Revolutionary NFT Collection Backed by BTC Mining on Polygon Blockchain

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Time Stamp: March 25, 2023 3:03 PM - Modified On: March 26, 2023 - Published By:
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Now you can have your own Bitcoin Mining Through Krypto Miners Club(KMC) NFTS Highlights A community based NFT project backed by BTC mining is revolutionising the mining industry with their cutting edge technology and strategy. The Krypto Miners Club is a 4 phased project which includes 8888 NFT’s focusing on creating long term passive income from mining for their NFT holders The First Phase consisting of 2,222 NFT’s has been released on the Polygon Blockchain. 24 March, 2023, Dubai: Krypto Miners Club (KMC), a leading blockchain-based company, has released phase

What do You Need to Know About Bitcoin Mining

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Time Stamp: September 7, 2022 4:00 AM - Modified On: September 7, 2022 - Published By:
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While mining has become harder over the years, users still discover and earn ‘Bitcoin’ using a process called mining. Today, many sellers, businesses and even casinos like IgnitionCasino.eu accept Bitcoins as a payment method. So, can you mine Bitcoin yourself and pay for it? Well, you can, if you have the right hardware. How Does it Work for Miners? When it comes to Bitcoin, miners are responsible for keeping the Bitcoin blockchain consistent, unalterable and complete. Mining acts as a record-keeping service that utilises the processing power of the computer.

Cosmos Asset Management, Cboe Australia expand investor access to Bitcoin

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Time Stamp: May 12, 2022 2:02 AM - Modified On: May 12, 2022 - Published By:
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Cboe Australia (“Cboe Australia”) is pleased to announce the debut of the Cosmos Purpose Bitcoin Access ETF, (“CBTC”). In partnership with Cosmos Asset Management, Cboe Australia will launch CBTC on 12 May 2022, providing investors with Bitcoin exposure through the world’s first physically settled Bitcoin ETF, the Purpose Bitcoin ETF. A fund-of-funds, CBTC invests directly in the Purpose Bitcoin ETF, which has amassed A$1.7 billion in assets under management since its launch in 2021 and invests directly in Bitcoin. The ETF’s Bitcoin assets are secured by world-class cryptocurrency custodian Gemini.

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

Source Node: https://news.bitcoin.com/bitcoins-hashrate-slides-15-in-10-days-price-and-difficulty-puts-pressure-on-btc-miners/
Time Stamp: January 10, 2022 6:30 PM - Modified On: January 10, 2022 - Published By:
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The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second (EH/s) to 174 EH/s losing roughly 15% in ten days. Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them This week the civil unrest in Kazakhstan caused a

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

Source Node: https://news.bitcoin.com/kazakhstan-is-stabilizing-government-claims-as-crypto-miners-look-to-future-in-country/
Time Stamp: January 10, 2022 12:30 PM - Modified On: January 10, 2022 - Published By:
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The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

This Country is promoting Crypto businesses, but here is the Catch

Source Node: https://coingape.com/this-country-is-promoting-crypto-businesses-while-imposing-strict-regulations-and-hefty-taxes/
Time Stamp: November 19, 2021 4:14 AM - Modified On: November 19, 2021 - Published By:
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The government of Laos issued exclusive crypto regulation guidelines this Tuesday, encouraging cryptocurrency mining operations and trading platforms in the nation, but assuring that the government also benefits from the industry. While attempting to pull off a rather commercial move as something charitable, Laos’ Minister of Technology and Communications, Dr. Boviengkham Vongdara backed the new guidelines, noting that the regulations are aimed at protecting legitimate rights and interests of both operators and users. Native and Financially proficient Crypto businesses allowed to operate According to the updated crypto policy, crypto mining

COMP’s incentive crisis and what lies ahead for alt’s price

Source Node: https://ambcrypto.com/comps-incentive-crisis-and-what-lies-ahead-for-alts-price/
Time Stamp: November 17, 2021 6:00 AM - Modified On: November 17, 2021 - Published By:
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The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,