Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Ethereum mining will soon become unprofitable even with the most powerful GPUs

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

Day1 of Solo Adventure. 2 Days till halvening.

I think one day got me close. Temps still great in my opinion and we´re chugging along. Some people asked about my memory tempos yesterday, so I´ll add those in too 🙂 ​ One Single GPU Rig ​ 6x 3080 ​ 42 is just the answer I guess. Do I interpret it right, that the…
Read more

People are buying NFTs not because they like art, but to sell it at a higher price

I have a feeling that 99% of people who buy NFT do it to sell it at a higher price A huge amount of money is in NFT. Some are being sold for tens of millions. I'm talking about jpg NFT. People buy them for one reason – they can sell it at a higher…
Read more

How Tether Can Destroy Us All; warning, ultimate FUD.

If something happens to Tether we lose 80 to 90% of all liquidity in the market. People will panic because 9/10 exchanges have Tether balances and buy crypto on withdrawal; this is researched and established. The entire crypto ecosystem is leveraged UP THE BUTT. Why/How? Because exchanges can give Tether only 1 Bitcoin as collateral…
Read more

Safe to run rig in these conditions?

submitted by /u/WetWife911 [link] [comments]

This sub is the best place for entertainment and crypto news, but the worst place for advice. Don’t come here if you need advice.

Today, one half of the experts of this sub seem sure that we have entered a bear market while the other half is sure this dip is nothing but a tiny hiccup and are advising everyone to BTFD. In the coming days, when one of the two things will play out, one half of our…
Read more

How Projects are Revolutionizing Crypto Staking Through Referral Programs

Once reserved for the pros in the crypto space, staking has become a common practice across all participants in the space. Today, anyone has an opportunity to earn passive income on their crypto assets in just a few clicks, whether on a centralized exchange or DEX. Over the past two years, centralized exchanges such as Binance and Coinbase have introduced staking to their users, compelling decentralized exchanges, or DEXs, to follow suit. At the height of the DeFi boom in 2021, over $110 billion in value was locked on decentralized platforms as staking became one of the most lucrative ways to earn passive income and relish returns on investment. On January 3, 2022, Ethereum 2.0 crossed the $34 billion mark in total value staked, showing a possible continuation of the explosive growth this year. Despite the growth, many platforms only offered staking rewards as the only viable passive income strategy for their users. One DEX, Hashbon, aims to change this by adding a reward system that complements staking with them – the staking referral program. Hashbon, one of the first cross-chain DEXs, announced the launch of their own staking program, “Hashbon Rocket”, last December to give HASH holders an opportunity to earn the highest possible APY and APR among all the available staking opportunities. Midway through the month, the ‘Hashbon Rocket Staking Referral Program’ launched, providing all HASH holders with an additional revenue stream. Hashbon DEX launches its Staking Referral Program Following a wonderful reception to the staking program in the past month, Hashbon DEX extended its earning possibilities through the first-of-its-kind staking referral program. The Hashbon Staking Referral Program allows people to invite their friends and family to the platform and earn 10% of their friends’ staking earnings. According to a statement, every HASH staker can simply share their referral link with their friends and family and earn 10% of the rewards the referral makes during staking. Hashbon offers users a fast, secure, and cheap platform to swap tokens across multiple networks, supporting newbies in their journey into decentralized finance (DeFi). Apart from staking and DEX, Hashbon also offers users a payment gateway that will let merchants accept payments in over 30 cryptocurrencies with 0% commission. The latest referral program joins a host of earning programs on the platform including being an arbiter for Hashbon Rocket, who votes for the transactions. Unlike other staking platforms, Hashbon offers both ERC20 and BEP20 token staking. Users can stake their HASH tokens on Unifarm or the BSC chain to receive their rewards. The longer the staking period, the higher the APR. According to the company’s statement, any user barring U.S. citizens can participate in the staking or referral programs. The platform’s smart contract and token code are audited by CertiK to protect them from manipulation or hacks, which could lead to the loss of users’ funds. Why referrals should be a thing in crypto staking programs As explained above, referrals look to be the next big breakout in the crypto staking space. With every project offering “high APRs”, referral programs give a standout appeal to new users, while being the most effective way to generate leads to the projects. According to Forbes, referrals is the most efficient marketing and sale tactic that generates the highest ROI. As the crypto staking field grows by the day, rewarding users with referral bonuses could be a sure way to grow your community. According to Grigory Bibaev, CEO and Founder of Hashbon, referrals are key to the growth of the DEX, staking program, and payment gateway. Finally, the platform aims to “satisfy the community’s CeFi and DeFi cravings” by offering new rewarding opportunities for every user joining the platform, Bibaev added.  

The same types of people who were pushing predictions like 100k EOY are now telling people they should have taken profits

Pay them no notice – they just flip-flop to the most popular and easily-consumed opinion at the time. It's so incredibly stupid, but they do this so/as they can never in theory be outed as being wrong because they pretend it was implied (or in may cases they simply delete or flood their feed). They…
Read more

Pakistan to investigate Binance for multi-million dollar crypto scam

The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown 3rd-party wallets.