Author: dfmines

Cryptocurrency News and Public Mining Pools

$420M worth of positions were liquidated and 110k traders got rekt in the last 24h.

In the last 24 hours, 110,613 traders were liquidated on their positions, which add up to almost $420M. In the context of cryptocurrencies, forced liquidation happens when the investor or trader is unable to fulfill the margin requirements for a leveraged position. The biggest single liquidation happened on a BTC trade with a value of…
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Power supply extention cable help

I have been previously mining on Vega 56 with an OCZ 650 watt PSU OCZ 650 watt PSU. Now I want to buy 3060. I want to know if I can use my PSU with a Vega 56 (130 watts with tweaks and 250 watts when the OC settings crashes) and 3060(130-140 watts) Currently, I…
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TA: Why Ethereum Looks Ready For Another Leg Lower Below $3K

Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline. The price is now trading well below $3,200 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,155 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue lower if it fails to stay above the $3,050 support zone. Ethereum Price Slides Further Ethereum failed to settle above the $3,200 pivot level. ETH price started a fresh decline and broke the $3,150 support zone, similar to bitcoin. The price even broke the $3,120 support level and tested $3,060. It is now trading well below $3,200 and the 100 hourly simple moving average. Ether is now consolidating near the 23.6% Fib retracement level of the recent decline from the $3,249 swing high to $3,061 low. On the upside, the first key resistance is near the $3,120 level. The main resistance is now forming near the $3,150 level. There is also a key bearish trend line forming with resistance near $3,155 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The trend line is close to the 50% Fib retracement level of the recent decline from the $3,249 swing high to $3,061 low. A clear break above the $3,150 resistance might open the doors for a steady increase. The next key resistance is now forming near the $3,200 level. Any more gains may possibly call for a move towards the $3,300 level. More Losses in ETH? If ethereum fails to continue higher above the $3,120 and $3,150 resistance levels, it could extend its decline. An immediate support on the downside is near the $3,080 level. The next major support is now forming near the $3,060 zone. A downside break below the $3,060 support zone could accelerate losses. The main support sits near the $3,000 level, below which the bulls could struggle in the coming days. The next key supports sits near the $2,880 and $2,850 levels. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is well below the 50 level. Major Support Level – $3,060 Major Resistance Level – $3,150

Analysts anticipate Ethereum supply shock after 100K ETH burned

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

How OkLetsPlay Is Disrupting eSports With Crypto

In the early days, cryptocurrencies and other digital assets were too taboo for traditional media attention. As few reputable sources were willing to cover an anarchist currency, it was kept alive through discussion forums, IRC chat rooms, and electronic mailing lists. But these online hubs also happen to be the home of video game enthusiasts. Virtual currencies are not new to the gaming industry. From V-bucks to Primogems, video game studios have long reaped the benefits of microtransaction-based business models using intermediary tokens. People enjoy investing money in video games they love, and with the advent of real-time game streaming, the industry’s willingness to embrace new technologies has created thousands of careers throughout the world. The role of gaming in smoothing down the transition to virtual currency is often overlooked, yet cryptocurrencies and games monetization is a match made in heaven. Together, they have the potential to change how games are designed, lowering the barrier for newcomers and building more community-driven gaming environments. Last year, as fears of the COVID-19 pandemic grew, live events in the eSports industry witnessed a significant hit. However, this increased viewership numbers across many live streaming events. Furthermore, the eSports market’s revenue experienced unprecedented growth. Studies suggest the global eSports market generated approximately $1.1 billion in income this year, with metrics forecasting a 45 percent increase to $1.6 billion by 2024. According to Newzoo’s Global eSports Market Report, audience sizes have also soared by 11% this year, reaching over half a billion people in 2021. The mobile gaming sector has also contributed to the gaming market’s fast growth. With the rapid increase in smartphone usage and market penetration rates, smartphone games accounted for more than half of the global gaming revenues last year. Additionally, mobile game revenues are expected to surpass $100 billion by 2023. The United States, in particular, has been one of the world’s biggest markets for video games. In 2020, mobile gaming revenue touched a record $10.7 billion. Moreover, mobile game users are at an all-time high thanks to technical advancements and digital innovation. OkLetsPlay – The Next-Gen Real Money eSports Tournament Platform OkLetsPlay is a patented eSports tournament platform for competitive and casual gaming on PC, mobile, and consoles with real money prizes. The platform is also enabling a community of gamers to potentially win big by playing their favourite games while positioning itself between two of the fastest-growing industries. Gaming is an adrenaline rush, and OkLetsPlay is making this even more exciting and rewarding by allowing players to wager on skill-based games. Players’ ability to win against an opponent is solely determined by skill rather than chance, that’s what spices up this mix! Using a patented out-of-game peer wagering module developed in-house, OkLetsPlay is fully cross-platform enabled. Their recent beta test was a huge success, with over 9,000 concurrent players playing over 4,000 matches across 200 tournaments and upwards of $10,000 in rewards. OkLetsPlay Features The team at OkLetsPlay has been building, testing, and refining their gaming platform since 2017, working with some of the world’s largest eSports teams to ensure reliability during tournaments and a smooth and intuitive player experience. OkLetsPlay has a number of advantages over its competitors, including: A patented out-of-game wagering module Cross-platform access from mobile, PC, and consoles Provides the flexibility to play games against players from across the globe for any amount of money Offers a rich player ecosystem and additional revenue stream for developers and gamers Enhanced avenues for influencers and streamers to conduct community engagement OkLetsPlay envisions an open and borderless digital world where technology lets people from anywhere in the world exchange value globally without gatekeepers or intermediaries. A world in which gaming communities thrive, unconstrained by geographic borders and outdated regulations. LetsBetCoin (LBC), the utility token within the OkLetsPlay platform, is a key element in achieving that vision. Evolved eSports OkLetsPlay promotes an environment that welcomes players of all skill levels and gaming interests and is a transparent entertainment platform that offers a seamless and secure experience for both existing gamers and newcomers. By facilitating a straightforward and secure experience for players to compete in an organized way to earn real money, OkLetsPlay aims to break down barriers for players, developers, and content creators, while opening them up to a world of opportunities in the realms of blockchain and gaming.  

oc settings for gpu

i am trying to get others oc settings for a msi 3070 2x oc gpu, i am only getting 28 mh/s when it seems that others are getting 30 or more submitted by /u/GUS-THE-PIRATE-2076 [link] [comments]

Peter Schiff wins debate over whether gold is a better store of value than BTC

During the debate, Schiff said that “in reality, Bitcoin and gold have absolutely nothing in common” as gold has value due to its metallic properties while Bitcoin is just a “giant pump and dump. ”

got my first RVNFT#

used my hard earned/mined RVN for RVNFT 🙂 some cool stuff to get and support RVN community at the same time. https://preview.redd.it/c5um9x4outj71.jpg?width=1046&format=pjpg&auto=webp&s=124f2884d878d58dee211e5d739ef092f498ca46 submitted by /u/seoulslacker [link] [comments]

Turkish prosecutors investigate alleged $119M Dogecoin mining scam

Unwitting DOGE investors were promised attractive returns of 100% in just 40 days in exchange for depositing their money.

So much buying and selling

Really wish crypto.com would add RVN to the rewards program. Might be less buying and selling submitted by /u/Psychological-Oil795 [link] [comments]