Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Am I missing out on bitcoin?

As the title says, am I missing out on bitcoin? Am I being greedy? My thinking is, I'll never be able to invest enough in bitcoin or even eth now to ever be financially comfortable from it. I'm not talking "fuck you" money, just comfortable. My strategy was to invest heavy in alt coins such…
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OP Crypto: Former Huobi exec raises $25M to form blockchain venture fund

OP Crypto Capital Management, a new crypto venture capital firm has officially announced its formation. The venture firm is backed by Huobi Ventures, Galaxy Digital’s Vision Hill FoF Platform,  Digital Currency Group, Mirana Ventures (Bybit), and The Brooker Group. The firm will focus on bridging the gap between CeFi, DeFi, and the Metaverse through investing…
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Hex Trust adds custody support for the Klaytn blockchain native asset KLAY

Hex Trust, an Asia-based crypto-asset custodian, today announced it has partnered with the Klaytn Foundation to enable its customers including financial institutions, digital asset natives, and HNWIs to custody the Klaytn protocol’s native token KLAY with Hex Safe, an institutional-grade custody platform. A blockchain project spearheaded by South Korean Internet giant Kakao, the Klaytn team…
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IOG Denies Rumors About Cardano Smart Contracts Platform

Over the past few days, some questions have been raised on Cardano and its smart contract platform, Plutus. To be implemented with Hard Fork Combinator event Alonzo, the platform is currently on its final testing stage, and it’s expected to go live in the short term. The concerns and rumors were mostly discussed on social media platforms, such as Twitter and Reddit. The main issue revolved around Cardano’s capacity to handle a high number of transactions in a determined smart contract. This is due to the protocol’s ledger approach, and their Unspent Transactions Output (UTxO) blockchain model. The source of the rumors was apparently originated from a product called Minswap, currently testing Plutus, as user “HoneyGramOfficial” reported on the subreddit r/Cardano. Minswap “rushed” to launch their product and users interacting with it reported failures. Cardano detractors claimed that the blockchain UTxO model without a fee gas market will cause the platform to have issues upon Plutus’ launch. Developer Foobar (Oxfoobar) said: Cardano is BTC with better UTXO validation and worse decentralization. Both the UTXO model and Hydra liveliness reqs are incompatible with most smart contracts, even Uniswap. Centralized relayers required. Cardano’s developer IOG quickly responded to what they classified as “social media speculation”, and “outright FUD & misinformation”. The company went on to clarify that the network does have a different “programming paradigm” than Ethereum, the blockchain with most DeFi applications. IOG added: The specific flavor #Cardano uses is the eUTxO – or extended model which we believe offers greater security, allows for fee predictability (no nasty surprises…) and offers more powerful parallelization. Responding To “FUD”, The Cardano Community Reacts In addition, IOG said that, unlike what the rumors were claiming, dApps build on top of Cardano can process more than 1 transaction per block. This is part of the developers’ work to design their dApp with “multiple UTxOs” and enforce “more parallelism”. The company committed to continuing to inform the community, users, and developers about the technical elements of Cardano. The community has also provided educational material and tools to understand the ledger approach. Despite the fact that the Minswap launch could have led to the rumors, IOG congratulates the project on its launch and claimed, “this is what a testnet is for”. In addition, the company highlighted that the smart contract ecosystem on Cardano is at its early stage. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Thus, there is room for growth and improvement, IOG hinted. According to the company, there has been a great deal of participation and excitement around Plutus. They expect an “explosion of activity” in the coming months. Hundreds of developers have completed the #Plutus Pioneers course. Scores of projects have already started developing in Plutus & are at various stages of expertise and readiness. #ProjectCatalyst saw 800 project applications last week seeking $4M for #BuildingOnCardano. Despite the negative news, ADA’s price barely reacted. The cryptocurrency dropped a few percentage points, and quickly recover to its current levels moving sideways over the past day. At the time of writing, ADA trades at $2,85 close to its all-time near $3. The resilience of the price, even when facing a strong attack, speaks to the investors’ confidence in the project. If Cardano, its developer IOG, and community are successful, ADA could go for another leg up into uncharted territory.

Question about LHR’s, 3060ti vs 3080ti

Hello guys! I am planning on buying either 3 or 4 3060ti or 2 3080ti to mine RVN as I saw that hashrate on Raven is not limited as well as on Ergo and other alts. There is an awesome post about the 1080ti here: https://www.reddit.com/r/gpumining/comments/nsnl34/rtx_3080_ti_hashrate_mining_performance_nvidia/ That post is a thorough test job on different…
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Maine Blockchain’s First Quarterly Report!

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

Ultimate DD For Harmony One – It’s Ready To Explode!

What Is Harmony? Launched on Binance Launchpad in May 2019, Harmony (ONE) is a decentralized blockchain platform designed as a bridge between scalability and decentralization efforts. Harmony is a fast and secure blockchain for decentralized applications. Their production mainnet supports 4 shards of 1000 nodes, producing blocks in 2 seconds with finality. What Is Harmony…
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If you had $8,000 to spend on GPUs which one would you choose

Looking to start a little farm in my basement. I currently have a 2070 Super putting out 22-23 MH/s mining raven for the past week. I have some money to play with and need some help. submitted by /u/rampodo [link] [comments]

EntropyFi Airdrop

EntropyFi, the first Loss-Less Prediction prediction market, is doing an airdrop if anyone is interested! (By the way, lossless means participating in a prediction market but any funds that traditionally would've been at risk for a failed prediction, is now just used to generate yield and that yield is dispersed to winners while everyone gets…
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