The year 2022 has not been kind for cryptocurrency mining advocates. With the world economy entering a severe post-pandemic economic depression, inflation is booming — causing cryptocurrencies to suffer an extreme devaluation over the past months. On top of that, inflation — paired with a harsh heatwave, caused energy costs to significantly rise across Europe […]
Category: News
September 24, 2022
September 23, 2022
Helium Finally Decides Move to Solana
Looks like Helium has finally decided to move to the Solana blockchain. As reported in August, Helium developers made a proposal – by the name of “HIP 70”, which suggested that a move to Solana would improve Helium’s blockchain operational efficiency. Helium developers advocated a shift away from Proof-of-Coverage and data transfer accountings toward “Oracles,” a […]
September 23, 2022
Ethereum And Bitcoin Weather The Storm After Fed Hit
Bitcoin (BTC) e Ethereum (ETH) are experiencing high volatility as the Federal Reserve decided to yet again raise the country’s interest rate by 0.75%, reaching a range between 3% and 3.25%. Right after the Federal Reserve announcement, cryptocurrencies took another hit. However, this time the digital assets look like they were able to withstand the […]