Polygon, an Ethereum scaling solution, is apparently seeking to aggressively hire more employees this year to capitalize on the crypto slump. According to a recent Bloomberg article, Polygon will expand its personnel by 40% in the next months to capitalize on the availability of expertise after a number of cryptocurrency businesses either lay off employees […]
Category: News
September 22, 2022
September 22, 2022
Ethereum Miners Sold Almost 30K ETH Since The Merge
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 […]
September 22, 2022
Bitcoin Mining Now More Difficult Making it Mostly Non-Profitable
The 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, […]
