Author: dfmines

Cryptocurrency News and Public Mining Pools

Layer 2 security on Ethereum vs. Bitcoin

A lot of people have been complaining about Bitcoin's Lightning Network or other L2 solutions on Bitcoin for being too centralized/lacking in security. Why do I not hear that argument from people on Ethereum Layer 2's? What is the fundamental difference between how they work on BTC vs. ETH? submitted by /u/mybed54 [link]…
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Who else is loving the difficulty drop!🤑

submitted by /u/Southern_Ticket_8774 [link] [comments]

OVR and the Results of the Token Burning Program’s First Month

OVR launched its new Token Burning Program on 1 November to make its own tokens more rare and valuable. The results of this first month of November saw a total of 246 thousand OVR burned. OVR and the Numbers From the Token Burning Program’s First Month OVR’s updated token economics started on November 1, 2021, […]

Russia, Ukraine Shut Down Several Cryptocurrency Farms

Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region and Dagestan Russian law enforcement […]

Ethereum Defi explained

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

What is the best way to position yourself for potential arbitrum and optimism token airdrop?

Are they likely or confirm to have tokens of their own? I have heard they mostly will and will airdrop to current users? If so, what are the things I should be doing to maximize my chances of getting an airdrop from them? Just moving eth to their platforms and doing some defi, and leaving…
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When is a block actually added onto the blockchain?

My current understanding is as follows: Miner completes PoW process and broadcasts new block & certificate to rest of network. Other nodes verify certificate, their local EVM state changes to include this block, then they propagate to more nodes. After ~12.6 seconds it has reached X? percentage of nodes. At this point the block has…
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To all of you who keep chasing that 100x coin for f*ck you money; if today’s dip shook you, you would never HODL to get those gains

There’s a reason that people get excited about stories of people who struck it Lambo rich from putting $50 into crypto; it doesn’t happen often. If it did, you would be as tired of hearing about it as you are of today’s “buy the dip” posts For every person you hear of striking gold on…
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Congestion?

My eth transactions at the moment seem to be completely congested. Sending eth based tokens from exchange and from my wallet are stuck on pending. Anyone else facing this atm? submitted by /u/Noderly [link] [comments]

El Salvador Bought The Dip And Purchased Another 150 BTC Worth $7.3 Million

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