Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Is it worth it or even feasible to setup a mining rig with 8 Quadro K420 2gb cards?

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

Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A $250K Donation Each

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the sum to the ETH Foundation to develop the network’s version 2.0. Open-source developer teams like Erigon, Besu, Nimbus, Geth, and Nethermind will join the ETH Foundation in the donation. 1/ A diverse execution-layer client ecosystem is at the heart of all that we’re building together. Today, we're excited to announce that @compoundgrants, @krakenfx, @LidoFinance, @synthetix_io, @graphprotocol & @Uniswap are donating $250K each to support #Ethereum client teams. — Ethereum (@ethereum) August 24, 2021 The Ethereum Foundation announced the source of the donations. They mentioned that the tips came from crypto exchange Kraken, Synthetix, the Graph, Compound Grants, and Uniswap Grants. Related Reading | Blockchain Startup In Pakistan Dubbed Bazaar Secures $30 Million In Funds The donations will add to the funds the Foundation provided earlier back the layer teams of ETH execution. The Funds Aim To Empower The Ethereum Team The Foundation of what we build together incudes the various client ecosystem of Ethereum. It consists of the consensus layer clients and the execution layer; both are vital aspects of future Ethereum mergers. The announcement also reads: “The donation sums up to $1.5 million and goes to open-source developer teams like Nimbus, Besu, Geth, Erigon, and Nethermind”. The developer team is to make provision for the network’s critical infrastructure to see the transition of ETH. The ETH is to transit to proof-of-stake mechanism from a proof of work. An August 24th post on the Ethereum web page reads: “In the heart of what we are developing together is a broad execution-layer client ecosystem. So today, we gladly announce that Kraken-fx, Uniswap, synthetix_io, graph-protocol, compound-grants, LidoFinance, and donates $250K each to support ETH 20 client teams.” ETH is trading in a sideways momentum on the daily chart | Source: ETHUSD on TradingView.com Jesse Powel, the co-founder and CEO of Kraken, says that the company is proud to give back to valiant builders who work hard on cutting-edge crypto innovation. Kraken proposed that the exchange users would have staked up to 800,000 ETH in Eth2 by July. This is worth about $2.5 billion with current prices. The network platform had given out 25,300ETH as rewards emerging from staking when it started initially. Related Reading | Kraken To Re-Enter The European Market By Applying For A New License This project portrays an effort to ensure the security of Ethereum’s consistent growth and decentralization. Each of the elements is exemplified by the diversity of clients, our belief in Ethereum’s continued success, and the strength of the teams. The announcement revealed. Etherscan Reports The ETH Improvement Proposal (EIP) 1559 upgrade was launched early this month. It introduces a burning mechanism as an aspect of its regulated gas fee structure. According to Etherscan data, about 4.85 ETH worth almost $15,300 are burned every minute as of writing. Over 70,000 Ethereum (ETH) has been burned or removed from the network’s circulation. Etherscan is a Block Explorer and Analytics Platform for Ethereum, a decentralized smart contracts platform. As of August 12, 31,792.48 ETH has been burned via Etherscan, amounting to $99,871,306.11. Featured image from Pixabay, chart from TradingView.com

I made my first Bitcoin purchase. This is why I wouldn’t do it again.

Earlier today, I went to purchase a game on g2a and saw that they accepted bitcoin. Interested, I sent the specified amount to the given address and waited. After about 20 minutes, I wasn't sure if it had properly worked. I thought maybe the amount had changed slightly and I hadn't send enough. Eventually, it…
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Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight

On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square. Jack […]

Ethereum is really bad – Please help me unstuck my transaction without becoming impoverished

I am an early adopter, bought my first Eth in 2014. Was very excited about the vision and path. I am also excited it did shake up the world a bit and want to congratulate everyone involved. However, I don't like the status quo. Buterin shilling with VIPs, Ice Age a joke at this point,…
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How much RVN can i mine with a RX 5700xt

submitted by /u/r0b1nx13 [link] [comments]

OMG Zotac website is TERRIBLE to buy from.

This has happened 3 separate times I've had a chance to buy a zotac gpu: apparently some 3060 ti's dropped a little while ago. I ended up number 20 on the line. Again I have it in my cart, and at the "Proceed to Checkout". No matter what device, what web browser, phone tablet computer……
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What cards are best

There are many posts and different Opinions, what are the top 5 cards to use for mining ravencoin coin, starting with the best one first to lowest. Also if you mine with the card what watts are you receiving and MH/S submitted by /u/melvin249m [link] [comments]