Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Yes we exist. I’m here to buy high and sell low.

Yes we exist. I'm here to lose money, hand over fist. Sell the dip, buy the ath. Buy high and panic sell low. Do no research. Only buy on 20%+ runs then sell when it retraces. Buy shitcoins with dog names. Buy BTC at 69k, sell at 60. Yes we exist. We're looking to claim…
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Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase

While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s. Moreover, after nine consecutive difficulty changes, going forward, […]

How is the gas amount so low for these mint transactions?

Hi, I have recently stumbled upon a few contracts which have very impressive gas fees for minting. I am wondering how this is possible because I have tested these contracts myself with both remix and ganache and the cost for doing a similar transaction is around 96k units of gas. This transaction below is somehow…
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AMC already has 14% of online purchases made with cryptocurrencies

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

taproot upgrade for Bitcoin question

Sorry for the noob question. I read taproot now enables Bitcoin to potentially do smart contracts like Ethereum. So why invest in Ethereum? Can ethereum still do a lot Bitcoin. Please save the roasting for your kitchen and not me please as I said before I don’t know a lot in this space. Any helpful…
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Can we be amazed that BTC has been closing above 60k for the past 16 days?

To me this is bullish. It shows that people are saying "Fuck your 60k BTC, it's worth more than that and I'm holding." When we were hit by the April crash, BTC closed 60k on 11th April, hit at ATH of 64,800-ish on 14th April (3 days later) and then immediately started it's 50% plunge.…
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I am the Guy who has posted the Chart and TA

I am relatively new in crypto space and I had started my crypto journey with mining. In the beginning, I searched for which project to mine. Yes, I know about raven. But not that deeply and it was confusing to understand the fundamentals of this coin. Recently I learned how to choose projects by asking…
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Realistically, what are you going to buy when you get enough profits from your Crypto portfolio?

Well, we all joke about getting a lambo when our Crypto portfolio skyrockets. But realistically, what are you going to buy, or would you keep hodling this money? For me, I am into filmmaking. 5 years ago, through an initial investment in this business, I was able to buy a good camera and editing setup…
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Introducing Random Edge: The First Fair On-Chain NFT Auction Platform

Random Edge is a transparent, verifiably random, and ultimately fair NFT auction platform that offers a shot at glory for those that participate. Time and time again there have been stories of individuals making life-changing wealth with NFTs. These kinds of stories often drive people to mint as many possible NFTs during an auction/mint, hoping to strike gold when the images are revealed. Unfortunately,  the playing field is often skewed in favor of insiders, influencers, savvy coders, and others in the know. Random Edge eliminates these inefficiencies and provides users with a level playing field by being up-front about the way their auctions work and promising only one thing: that one lucky participant will receive the majority of the funds collected from the minting event. By leveraging Chainlink VRF, Random Edge is able to provide transparent, verifiably random results that cannot be gamed. There are no insiders, no influencers, and no gimmicks. The way it works is simple: Users will purchase NFT’s for a flat fee per NFT They will receive an NFT with a randomly assigned ID Once the max supply is hit or the time limit has been reached, Random Edge will call a function that uses Chainlink VRF to randomly choose one of the minted ID’s (all on-chain) The user that owns that chosen ID will receive the majority of the ETH collected from the mint event automatically through the auction smart contract Random Edge’s mission is simple: to establish a level playing field for all those that participate. Instead of rewarding early contributors, influencers, and insiders, Random Edge has decided to create a game that rewards all participants fairly so that all have an equal chance at winning. The amount of NFTs a user mints is directly proportional to their chance at winning the prize pool. Want higher odds? Mint more NFTs. Random Edge plans to run consecutive prize pools to match the users’ appetite. They will also run multiple prize pools which will have prizes that scale proportionately to the price of mint. Some pools will have a lower cost to mint, and as a result, have a lower prize payout, while other pools will have a higher cost to mint, resulting in a higher payout. These pools will be designed to match each participant’s appetite for risk. The bottom line? Verifiably on-chain randomness. Random Edge aims to create a new ecosystem that matches risk with reward in a transparent, verifiable, and most importantly, fair manner. About Random Edge Random Edge is the world’s first on-chain NFT auction platform that leverages Chainlink VRF to provide verifiably random results with prize pools paid out daily.