Since the merge – Ethereum completely abandoned proof-of-stake in order to adopt a staking consensus. As of right now, the Ethereum mining community has sold over $40 million in ETH. According to research from OkLink, the dump began a week before the merge. Recent reports estimate that Ethereum miners sold nearly 15 thousand Ether in […]
About: FBustos
Posts by FBustos:
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Ethereum&News
Ethereum Miners Sold Almost 30K ETH Since The Merge
Date: Story By: Fábian Bustos -
Bitcoin&News
Bitcoin Mining Now More Difficult Making it Mostly Non-Profitable
Date: Story By: Fábian BustosThe biggest proof-of-work cryptocurrency in the world is now significantly more difficult to mine. According to BTC.com, the Bitcoin mining difficulty jumped by nearly 10% in the last two weeks, making current BTC mining one of the hardest it has ever been. According to the website’s analysis, the network’s mining difficulty has reached 30.97 trillion, […]
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Ethereum&News
Ethereum Falls 20% After SEC Potentially Classifying Ether As Security
Date: Story By: Fábian BustosDespite last week’s successful shift to proof of stake, Ethereum has recently dropped by more than 20% as the shadow of a major US regulations falls over its expanding aspirations. The transition changed Ethereum’s consensus from proof-of-work, to PoS – which requires far less energy when compared to cryptocurrency mining. However, this transition could also […]