Author name: Peter

The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work

Only one of the top ten cryptocurrency assets according to market capitalization has a PoW token. Of the top 20 tokens, there are only three that use a PoW consensus mechanism. Additionally, just six of the 50 largest crypto coins in terms of valuation use PoW, and there are roughly 230 exahash/s (EH/s), of hashpower. […]

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Luart Officially Rebrands to Arcnes as the Platform Looks to Be More Than Just an NFT Marketplace

PRESS RELEASE. Luart announced a rebrand to Arcnes. This will position the NFT platform better to innovate and grow. Arcnes is not just a marketplace, it's also a tool for NFT projects and blockchain-based gaming. The platform will also help project founders launch and sell their in-game assets. It will offer an exceptional user experience.

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New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours

Five different crypto assets were among the beneficiaries of Ethereum’s former hashrate. An anonymous group of developers created an Ethereum PoW fork, ETHW, within 24 hours of The Merge. The fork has generated 60.92 terahash per seconds (TH/s), hashpower. However, ETHW's fiat value has dropped 90.72% since its all-time high (ATH). Over 39% has been

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Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

Before The Merge, Ethereum had dozens upon dozens mining pools that contributed hashrate to the network. This has changed, and most miners have switched to Ethash compatible coins, such as ethereum classic or ERGO. At the time of writing, Ethereum blocks can now be verified by validators. There are currently 429,278 validators. Four providers are

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CPI and FOMC Meetings Tuesday and Wednesday – Ira Epstein’s Financial Markets Video 12 10 2022

Self-Directed Gold IRAs can be a fantastic way to invest in gold without dealing with the hassles of purchasing physical bullion. This type of account allows investors to buy gold from the government directly and then store it in their own name. While many people prefer to have physically gold in their possession, all can

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Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules

Recently, a Chinese intermediate court located in Beijing upheld a ruling by a lower court that determined cryptocurrency to be a protected virtual property under the law. The court clarified that the Bank of China regulations and other regulations do not prohibit the circulation of virtual currencies. "Financing Behavior Prohibited By the Law" A report

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Five Factors Making Bitcoin Miners Unique Energy Consumers

Bitcoin miners can be used as energy tools to solve many energy problems. This opinion editorial is by Jaran McLean, an analyst at Arcane Research, focusing on Bitcoin mining. Many people view bitcoin miners simply as another energy-intensive business. But there's one major difference. Bitcoin miners have unique flexibility regarding where and when they consume

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