Author: dfmines

Cryptocurrency News and Public Mining Pools

Question about Rollups (how effectively do they really scale Ethereum?)

Hi, I'm just reading that Rollups are supposed to be out in about 1 month according to Vitalik and that it scales transaction capacity about 100x (so presumably if applied to the entire network at once the fees can go down 100 fold). However, as it is a layer 2 solution, I gather each project/protocol…
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Eth 2.0 staking question

Based on the current rewards (https://twitter.com/eth2bot?s=21) you can generate 8.32% in returns per year for staking 32 eth. However the returns don't compound directly onto the validator that generates them. In order to compound the returns, you need generate 32 eth worth and start a new validator. This design seems a little odd to me.…
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Looking for tips from experienced miners

Hey guys! I ran into some bad luck with my rig, where I've been trying to sort out a problem that I've been having. I had my rig constiently crash once I plugged in a third GPU. It doesn't matter which GPU it is (I've tried to swap them out) but whichever GPU is detected…
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Explained: The DODO DEX Hack (March 2021)

submitted by /u/shaflandl [link] [comments]

EIP 1559 During a Market Crash

There's a lot of hype with Ethereum potentially becoming inflationary when the network is congested but I want to question the price mechanics of this If ETH becomes more scarce during higher utilisation, it puts an additional strain on supply which pushes the price upwards. But if utilisation falls, ETH becomes more deflationary. This increases…
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Bitcoin price dips below $60K — But here's why a bigger rally may be brewing

Bitcoin dropped below $60,000 on Sunday after new all-time highs, but stablecoin inflows show this is not a big concern.

The superheated NFTs? A crypto market niche tipped to boom or bust

A pyramid scheme where “somebody will be burnt” or an “exciting innovation?” Is this the year of the nonfungible token?

Guys, your art is amazing!! Those tokens are so so cool.

I was scrolling through the feed and wow, the tokens are getting so beautiful and optically pleasurable, I just started to post my art https://mintable.app/u/luckymaze, but I'm so so excited about the future of NFTs and ETH!! submitted by /u/LUCKYMAZE [link] [comments]

Your bank or credit card saying you’re not allowed to buy crypto is proof that you need crypto.

Think about it: the fact that they feel threatened means they know their system is flawed. The very fact that some banks and credit companies ban you from buying crypto proves that crypto solves an important problem. submitted by /u/valkener1 [link] [comments]