Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint

Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square Doesn’t Plan to Purchase […]

The Flippening is back on: ETH/BTC market cap ratio hits 50%

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

In case you ever feel bad about selling early…

In 2012 I spent 30BTC on Silk Road (after tumbling my coins three times but I have a feeling that whole process was unnecessary) for a single sheet of acid. They were Jerry Bears from a vendor in the Pacific Northwest that went by HouseOfSpirits. I spent that money joyfully and gratefully because, for the…
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Ether’s market cap reaches 50% of Bitcoin’s market cap!

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

“But… but… won’t PoS just empower the rich further?” [a debunking]

So… I've seen people raise this question over and over… So let's look at this realistically. What do you need to make profits on PoS Ethereum: A low-power server A very good Internet connection 32 ETH (~100,000 USD @ May, 2021) Who it's realistically open to: well-to-do people (aka. quote-unquote "rich"). In contrast… What do…
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Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

The price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]

Soon..

submitted by /u/Style-Conscious [link] [comments]

Is it too late to join the mining rush for Ethereum?

I am a big supporter of Ethereum, however I have found myself in a position without any eth. Would it be feasible to get a mining rig to get some eth? submitted by /u/TottenhamsHokage [link] [comments]