Author: dfmines

Cryptocurrency News and Public Mining Pools

I’m tired of people acting like Centralization is okay. You make money off it in the short term, but centralization will never last. It defeats the entire purpose of crypto.

Over the past few months I've noticed a trend on this sub where lots of people seem to think that centralized blockchains are fine. I saw this with SOL quite a bit. The reality is that centralized crypto is horrible and it defeats the entire reason why crypto is so great. Centralized crypto is somewhere…
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Agree?

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The Year In Review: An Emotional Rollercoaster For Crypto Investors

The crypto market this year saw some ups and downs that had market sentiment fluctuating widely. Investors had experienced a year like no other given the multiple bulls runs and subsequent crashes and dips that then plagued the market. For some, it was the best year after their portfolios lay in the red for the past three years, while for others, especially those who got in at the height of the bull rallies, it has been a brutal year. Nonetheless, it has been a year packed with lessons for all investors. Moving from incredibly bullish to bearish has helped educate investors that it cannot always be dark, neither can it always be bright. In this report, we take a look at the sentiment movements in the year and how emotions have moved with the market. Related Reading | Only In Crypto: A Croissant Explains Web3 And NFTs To Elon Musk Crypto Fear & Greed Index Fluctuates Entering into the year had investor sentiment at one of its highest. Right in the extreme greed territory, the increasingly positive outlook of investors would play out over the next couple of months in the market. For four months, market sentiment was in extreme greed, and faith in cryptocurrencies remained high. However, this would change not too long after. The very first notable price crash in the crypto market had happened in May, which saw market sentiment plummet with it. After staying in the greed territory for so long, the sentiment was suddenly in fear and investors were wary of the market. This continued through most of the summer as market-wide dips continued to rock the market, in turn dragging sentiment more into the negative. By spring, however, the market had once again begun to rally. Sentiment, slowly but surely, moved out of the fear territory and went into neutral, hovering between this and greed. Fear & Greed Index fluctuates widely in 2021 | Source: Arcane Research August would market the beginning of another stretch of positive sentiment as the market once again dived into greed territory. This was followed by rallying prices, with investor favorites hitting new all-time highs. This would prove to not last long as sentiment once again derailed back into the negative following the September 7th market crash. The Fear & Greed Index would again trend low until another rally towards the end of September brought it back up again. This time around, the market sentiment would spend a considerable amount of time in the greed territory before reversing again. Related Reading | Bullish Signal? Ethereum Market Dominance Sitting Above 20% Investors who are mostly seasoned have used tools like the Fear & Greed Index to profit off the crypto market this year. So while others have been scared of putting money in the market, these investors have doubled down on their investments and have seen it pay off. Arcane Research predicts that this trend will continue into 2022 and will help investors spot “buy the dip” opportunities in the coming year. Presently, the Fear & Greed Index is trending low at around 40, indicating that investors are fearful of the market. Crypto total market cap crumbles to $2.2 trillion | Source: Crypto Total Market Cap on TradingView.com Featured image from Institute of Entrepreneurship Development, charts from Arcane Research and TradingView.com

Educational: How to use SushiSwap (on Ethereum) securely with a hardware wallet

Hey guys! I've made a new educational video for the community on how to set up and use SushiSwap in a secure way with a hardware wallet (in that case a ledger device): https://www.youtube.com/watch?v=B4J7q2Ogo0E I heard recently about a lot of people who lost all their money because they used a "simple" 12 seed phrase…
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India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy

India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary policy and banking system. The Indian apex bank sees several benefits in launching a digital rupee, including “a potential to enhance the […]

Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17

The forthcoming crypto wallet will allow users to deposit and withdraw Bitcoin, Ether, Dogecoin and other tokens, the company said.

Bridge Tutorial: Ethereum To Fantom + Free FTM Faucet

Hi guys! I've made for the community and simple to follow video tutorial on how to bridge tokens from Ethereum To Fantom Network: https://www.youtube.com/watch?v=EoOUKmekMSg In the video, I will show how to bridge your tokens from Ethereum to Fantom using SpookySwap bridge (which used AnySwap in the background). We will also see how to track…
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Hashrate and consistency

So currently mining on gminer and see my hashrate start off at 5.47 and drop and hold at about 1.06. I have tried everything I can think off to maintain something in the 5s the only thing I can think of is that it is the miner. I just started mining so any ideas would…
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Time to Brag: What’s the coolest thing you’ve done with crypto in 2021?

It's been a wild year with some wild opportunities. Some people sat on that opportunity, some people squandered it, others took advantage of it. Let's brag about it. What about you? What's the coolest thing you've done this year with your crypto? Did you buy a lambo? Did you fund a charity? Did you write…
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