Is this a high hashrate? I’m really new and was wondering
submitted by /u/duudest [link] [comments]
submitted by /u/duudest [link] [comments]
Spin, a multichain derivatives DEX founded in June 2021, announced today it has raised $3.75M in a seed funding round led by Lemniscap with participation from GSR, Spartan Group, ZMT Capital, Longhash Ventures, and AngelDAO. Funds raised will be used to support the further development of the Spin DEX. The Spin team is building a…
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El Salvador, a country that has become infamous for being the first sovereign nation to accept bitcoin as a legal tender, continues its journey through uncharted waters. To make this move a reality, the country had launched its own government-approved bitcoin wallet, Chivo for carrying out crypto transactions in the country. Encouraging residents to accept the wallet by offering a $30 bonus on sign-up. “Bitcoin Day” has since come and gone since then and El Salvadoran citizens are settling into using the cryptocurrency as a legal tender alongside the US dollar. However, there have been some kinks to work out with the bitcoin wallet, and one of those kinks being the ability to function properly for all of the residents of the country has led to the relaunch of the Chivo wallet. Related Reading | Volume Of Bitcoin Illiquid Supply Points To Growing Bullish Sentiment Chivo Wallet Relaunch Since Chivo first launched last year, it has quickly grown in the number of active users. It eventually grew to 2.1 million users, a milestone that was celebrated by the president. However, this had started to present problems with stability and scalability. As with any good wallet, the Chivo wallet has to be able to expand to accommodate a large number of users, giving rise to the relaunch. This new version of the app will allow more users to be able to access and use it seamlessly. It will eliminate the stability issues that arose with the first version. Thus making it a better fit for the expected more than 4 million users that will be using bitcoin as legal tender in the country. Users have been experiencing issues like missing funds, system issues, fradulent transfers, etc, which will be handled with the relaunch. Related Reading | Cathie Wood’s ARK Invest Puts Bitcoin At $1 Million By 2030 The El Salvadorian government is said to have partnered with AlphaPoint, a white label infrastructure provider that will work on making sure the Chivo wallet is always running and stable, as well as handling issues regarding scalability and social impact. This relaunch will solve a variety of existing issues, as well as add new features to provide a better user experience. “El Salvador and President Bukele are truly leading globally with this first major experiment in Bitcoin adoption at a country-wide level. We are honored to be involved in the process and provide the scalable and reliable solutions needed for this massive undertaking,” said Igor Telyantnikov, CEO/Founder of AlphaPoint. El Salvador To Install 1,500 Bitcoin ATMs In addition to the Chivo app relaunch, El Salvador has announced that it plans to deploy more ATMs to make bitcoin accessible to residents. The acceptance of bitcoin as legal tender had come with the installation of multiple bitcoin ATMs around the country to enable easy and swift payments. But the country is taking another step towards securing its title as bitcoin capital of the world. BTC at $36K | Source: BTCUSD on TradingView.com El Salvador will add another 1,500 Bitcoin ATMs around the country, to be deployed in different locations. The country is putting these ATMs in place “to more readily serve the population of El Salvador, the statement read. Featured image from Reuters, chart from TradingView.com
Switzerland-based crypto games developer, EverdreamSoft, announced the launch of its public sale of exclusive premium virtual land via the Sandbox platform. Announced Thursday, the public sale will start on February 10, 2021, and it includes a 6×6 plot of land around the EverdreamSoft Estate with users receiving an NFT following their purchase. The EverdreamSoft Premium LAND sale on The Sandbox platform will allow members of the latter to participate in owning a digital piece of land in the metaverse. Once purchased, they will receive an NFT by EverdreamSoft and its Sandbox neighbors. They will then become full owners of both the LAND and the bonus NFTs, with complete freedom to use them and pass them on as they wish. The first NFT drop on February 10 is reserved for the LAND buyers and the collection, “BearWhale”, is inspired by the legendary Bitcoin trader who in 2014 was depressing the crypto market with his massive account. In the future, the platform plans to launch similar crypto-themed NFT collections including “Satoshi, Creator of Blockchain”, “Sir of Ether” and others, a statement from the team further reads. Launched in 2010, EverdreamSoft started out as a game studio before transforming to digital and blockchain-based gaming in 2017. Since then the company has been integrating blockchain games development tools while also pioneering a new class of digital collectibles. The company launched its first game, Spells of Genesis in 2017 setting out a new way for players to own and utilize their in-game assets. EDS is also the creator of EverdreamSoft Crystal Suite, an integrated suite of tools allowing to explore, create, share and manage “Orbs” – rare digital items (art, game items, collectibles) linked to blockchain tokens. “The EverdreamSoft’s land will allow Spells of Genesis’ iconic world to expand into an exciting 3D metaverse. The collaboration with Sandbox will push the world of Spells of Genesis to a fascinating new dimension,” said Shaban Shaame, founder and CEO of EverdreamSoft. The Sandbox is an Ethereum-based gaming platform that offers 3D voxel games where players can explore the landscape and own a piece of it in the form of LAND, plots of The Sandbox territory represented by an ERC-721 token on Ethereum. Once you own the land you can add other 3D assets, increasing the value of your plot of land. You can lease, rent, or sell your LAND pieces or charge visitors on your LAND. “The Sandbox is at the forefront of the Metaverse and shapes the future of decentralized creativity,” added Shaban Shaame. Some of these plots of LAND are premium since they experience high traffic as they are surrounded by top-rated partners and social hubs. This is where EverdreamSoft comes in with its Estate, a 6×6 plot of LAND near Blackpool, Apes of Space, eToro, and Mad Mecha. This Social Hub will be built on EverdreamSoft’s plot of LAND, in partnership with Nabiya Studio, with an aim to boost traffic and players to the location. The hub will be the link to Spell of Genesis in The Sandbox, offering interactions with characters from the mobile game and an SoG-themed heroic fantasy environment.
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In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms.
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Pretty neat stuff, got this email today: When you hold crypto with Kraken, you trust us to secure your assets — a duty we take seriously. That's why, starting today, we're going a step further than traditional financial institutions, giving you cutting-edge cryptographic tools that allow you to prove our solvency and hold us accountable.…
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In yesterday's Facebook earnings report of 2021 Q4, this is what they disclosed about future earning projections. We expect first quarter 2022 total revenue to be in the range of $27-29 billion, which represents 3-11% year-over-year growth. We expect our year-over-year growth in the first quarter to be impacted by headwinds to both impression and…
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