Author: dfmines

Cryptocurrency News and Public Mining Pools

You know the Bitcoin halvings that start bull runs? Ethereum’s merge to PoS next year is going to be three times as bullish.

All right folks, here's the ETH hopium you're looking for. I'm sure you've all heard about the fabled Merge that will be happening next year around June. Essentially Ethereum will transition from Proof of Work to Proof of Stake. When this happens, the amount of ETH being created will be reduced by about 90%, and…
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Don’t be a fool. Never, I mean never take a loan to invest in cryptocurrencies. It is not worth the stress, your mental health and the risk of going bankrupt

The worse thing about losing money while investing in cryptocurrencies is losing money you don’t have. The sentence that is often repeated here is “don’t invest what you can’t afford to lose". It is absolutely not worth the risk, stress and your mental health. Some people get lucky, but most don't. Don't be an idiot,…
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What am I missing when it comes to LRC?

I've always been long term bearish on single app L2s for a few reasons the main ones when it comes to loopring are; not having a virtual machine and allowing anyone to deploy smart contracts to your L2 is a huge disadvantage. No single team/company has the resources to compete with the productivity of an…
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Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments

A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will start accepting SHIB for payments in the first quarter. […]

The entire crypto market is being shorted in the last 48 hours and barely anyone is talking about it.

Shorts have been steadily rising with no upper limit in the last couple days with buying pressure still supplying upward pressure. Just take a look at datamish.com and see how most coins, especially BTC, are being shorted to an insane degree with FUD regarding the "Omicron variant" as an excuse. It's actually infuriating seeing the…
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ELI5: How will L2 roll up tech work for end users?

I’m a bit of a noob to understanding exactly how L2 roll ups will work. I understand the need for it and a high level understanding on how it works by passing work onto the layer 2 chains. But what I don’t understand is, how will end users actually be making transactions when using layer…
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Mexican billionaire Ricardo Salinas Pliego “Good old USA is looking more and more like any other irresponsible third world country….wow…look at the scale of fake money creation. Buy Crypto right now”

Mexican billionaire Ricardo Salinas Pliego has advised investors to put their money into bitcoin. Salinas who is the third richest man in Mexico advised this due to the rate at which the Fed is printing dollars. Inflation rates have soared in the past year and are expected to continue doing so. The billionaire advises putting…
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Question about NFTs, don’t know where else to ask

A lot of people joke about screenshooting NFTs, but isn’t this a genuine problem? What’s the point of having a non fungible token if the thing that the token represents is fungible itself? It just seems to be functionally useless and is entirely devoid of intrinsic value. I understand the idea of not actually owning…
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