Author: dfmines

Cryptocurrency News and Public Mining Pools

Best workflow for buying gift cards as a small single-GPU ETH miner?

Okay, so, I recently bought a 6600XT at launch and am only mining while not gaming. I'm currently using NiceHash but looking into mining ETH directly using Phoenix Miner but I'm trying to figure out the easiest way to "cash out" ETH to gift cards specifically. Acceptable GCs to me include Amazon, Target, Best Buy,…
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Error in transaction

Curious what is going on, wondering if I should be worried or if it's a failsafe. I just moved a large amount of ethereum to my hardware wallet, first verifying with a small amount. Moving the rest, Coinbase gave an error saying "missing field 'id'". The funds left Coinbase and are in the hardware wallet…
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Are you mining and holdeando or selling?

Too much speculation … you have to hold out!🤟🏽 submitted by /u/Fenix2020_21 [link] [comments]

30-somethings led crypto purchases at South Korean exchanges in 2021

The increased trading volume comes following the country’s Financial Services Commission requiring crypto trading platforms to register as digital asset service providers before Sept. 24.

Not complaining…but why?

Why are pumping? Is there any news? submitted by /u/Choice-Group-5322 [link] [comments]

Cardano (ADA) Getting Ready For A $3 Retest?

At this point, there is not a crypto investor that has not heard of Cardano. The network is famed for being the number 1 competitor to Ethereum, seeing that one of its co-founders had created Cardano after exiting the project. Its growth has been tremendous in the past month alone. Giving returns of over 100% in the space of a single month alone. Related Reading | Crypto Analyst Lays Out Cardano’s (ADA) Pathway To $4 Cardano’s native token ADA has already broken its previous all-time highs, while most of the market is still trying to get back up to its high points in April/May. This has provided the project much-needed notoriety as the race towards smart contracts capability continues. If all goes as planned, the Alonzo Purple Hard Fork will launch on September 12th, bringing DeFi and NFTs to the ecosystem. Cardano (ADA) Running Towards $3 Crypto analyst Benjamin Cowen also puts the price at $3 if the Bitcoin can stay above the 20-week SMA (simple moving average). Citing the price of Bitcoin as an important driver for the asset. BTC has maintained trading over its 100-day moving average, putting above the 20-week SMA. If Cowen is right, then ADA is set for another bull rally. ADA price sets sights on $3 | Source: ADAUSD on TradingView.com ADA has also maintained trade levels above the 100-day simple moving average. The average transaction volume currently sits at $121 million. With the market cap at $89 billion at a coin trading price of $2.82. The strength of the asset has also grown, currently 13% higher than its 100-day average. Related Reading | Cardano: Alonzo Enters Final Stage, Smart Contracts On The Horizon As more investors take an interest in Cardano and its returns, the number of holders will go up. Coupled with the fact that ADA has the highest amount of coins staked, at over 70% of its current market supply, ADA looks set to test $3 again. And with a significant uptick in momentum, the asset is more likely to break the $3 resistance point the second time around. Growing Value More prominent of these have been Cardano’s incredible price run which saw the asset clench the number 3 spot for top crypto coins by market cap. Beating out Binance’s native token BNB to take its spot. ADA had earlier tested the $3 price level but was knocked down at this resistance point. ADA’s value is expected to skyrocket in the following weeks leading to the hard fork. Related Reading | Cardano (ADA) Founder Responds To Criticism Over New Crypto Partnership DeFi and NFTs coming to Cardano will also grow the value of the asset. As more investors move away from Ethereum due to growing fees, Cardano is the next natural competitor to take these users. Although the blockchain does not offer the lowest fees available, it is significantly lower than EThereum. While Ethereum’s TPS (transactions per second) currently sits a 30, Cardano offers 257 TPS. Featured image from Currency.com, chart from TradingView.com

Three DeFi Platforms Changing the Game in Unexpected Ways

2021 has been a period of great innovation in the blockchain space, with the development and launch of a huge range of novel platforms and protocols that have helped to reshape the industry in new and unexpected ways. The decentralized finance (DeFi) sector of the industry has seen arguably the most progress in this time, with the launch of a dazzling array of new platforms that help users do more with their money and avoid the need to rely on centralized financial infrastructure. Here, we take a look at the three new platforms leading the charge when it comes to unraveling the full potential of cryptocurrencies. YeFi Yield farming. It’s all the rage in 2021 and has become one of the most popular use cases for many cryptocurrencies today. Indeed, there are now billions of dollars worth of digital assets locked up in yield farm platforms — many of which generate a solid return for investors. But while many yield farms are challenging to interact with, and only support relatively obscure digital assets or liquidity provider (LP) tokens, YeFi has recently come along to change the game. YeFi is a platform that makes it easy for users to generate a passive income on their digital assets by staking them on its decentralized application (DApp). The platform currently supports a wide variety of assets, including ETH, BNB, BTC, and USDT. But users can boost their rewards by 1.5x by staking decentralized file storage coins like FIL, or up to 2x by staking YeFi’s native asset — YEFI. ❗️Announcement❗️Staking Mechanism Upgrade on https://t.co/xP3o61vD4T Dapphttps://t.co/oMn7ZfBAcI — YeFi.one (@yefi_platform) August 8, 2021 By allowing users to stake native assets rather than LP tokens, YeFi ensures users avoid the risk of impermanent losses — hence providing a reliable source of yield. The platform is unusual among yield farms in that it is cross-chain compatible with both YottaChain and Binance Smart Chain, with plans to support additional chains in the future. Beyond this, YeFi is set to roll out a variety of DeFi products in the coming months — including a decentralized lending/borrowing platform and a full decentralized exchange. Once complete, YeFi could become one of the first blockchain-agostic DeFi ecosystems. Popcorn You’ve probably seen the headlines — major cryptocurrency networks like Ethereum and Bitcoin consume huge amounts of electricity. In total, the mining activity of these two networks alone is equivalent to the entire energy consumption of a small country. But despite this, the potential for blockchain technology to disrupt dozens of industries and change the way we go about our daily lives is a compelling reason to continue experimenting with the technology. If only there were a way to offset the negative consequences of digital assets, while still retaining all of their benefits? Well… now there is. It’s called Popcorn, and it’s an automated yield generation protocol that allows users to put their idle funds to work through a series of automated yield-bearing systems. But more than this, it’s also a force for social good. The platform uses a chunk of its fees to fund organizations working to improve the world we live in — whether that be through renewable energy research, forest conservation efforts, or public awareness organizations. This week on What’s POP’ing? #3 Popcorn Rebrand 🎨New Website 🌐New Hire: Director, Global Impact ❤️Popcorn in the Press 🗞️Farmer Bob’s #YieldFarm Guide 🧑‍🌾 -🍿https://t.co/5sZsowEWLC — Popcorn (@Popcorn_DAO) August 19, 2021 While using the platform, Popcorn will automatically direct user funds to the most profitable investment and trading opportunities using a variety of carefully designed investment models. Meanwhile, the platform mitigates the carbon impact of its operations by partnering with carbon sequestration and offsetting organizations. Earn money while helping to save the world? We’re in. Premia In the last year, decentralized trading platforms like Uniswap and PancakeSwap have skyrocketed in popularity, by providing CEX-like speeds and features and breaking down accessibility barriers. But until only recently, such derivatives trading platforms didn’t quite reach the same degree of usability and popularity. That is, until Premia came along. Premia is a decentralized options minting and trading protocol that arguably exceeds the capabilities of even the most popular centralized options exchanges. The platform’s primary feature is an intuitive decentralized trading platform that allows users to trade options for a variety of digital assets — including Chainlink (LINK), Wrapped ETH (WETH), and Wrapped Bitcoin (WBTC). Missed last week’s community call? Get up to speed on the latest happenings with Premia as we move closer and closer to Premia v2 on main net 💎💪https://t.co/0IqYL8SRXK — Premia – Options Platform (@PremiaFinance) August 20, 2021 But where Premia really stands out, is through its options underwriting feature, which allows users to underwrite a range of options to earn a yield on their investment. This is a completely permissionless process that allows anybody, from anywhere to generate a passive income without worrying about regional restrictions. With Premia helping users speculate on various DeFi assets, hedge their risks, earn a yield on their assets and protect against market volatility, it stands out as an extraordinarily capable platform for budding and expert traders alike.  

I need help

I have some WETH in my Coinbase wallet I am trying to turn back into ETH. I’ve tried everything and I can’t seem to find a way to do it. I’ve tried getting it to Metamask but when I go to send it, it says I need ETH to pay the miner’s fee, which I…
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