The participation of institutional investors in the topic of bitcoin does not really stimulate its price growth. Everything is just the opposite. What they offer under bitcoin lending and other financial products has one dangerous aspect: all these tools are designed for an outdated system. Until sound commercial banking designed for the free market leads to the creation of a new type of wealth and, as a result, new non-inflationary money representing this new wealth is created, bitcoin will remain a worthless store of value, which nothing better than cash.
HIVE Blockchain Technologies has used the proceeds from the sale of approximately 10,000 ETH to “fund a strategic relationship with Intel and create new bitcoin miners.” Representatives of the firm justified the decision by the volatility of the second cryptocurrency in terms of capitalization, as well as the fact that it “surpassed bitcoin at the end of last year.”
An Etherium transition to PoS is scheduled for as early as August of this year. At the Permissionless conference, the Etherium Developer Council said that the transition to Proof-of-Stake consensus could happen as early as August this year, “if everything goes according to plan. The team hopes to make the transition before a so-called “complexity bomb” worsens the network’s performance. A “difficulty bomb” is a procedure that gradually makes mining ETH coins more difficult. It is divided into several stages, each of which increases the time for block validation. As of today, the speed of creating a new block is about 13 seconds. “Complexity bomb” – made on purpose to gradually force miners to leave the first generation network and switch to the new one. The information about the merger was also confirmed by Vitalik Buterin, the founder of the Etherium network.
Team Black Miner – Fast and stable Ethereum, Ethereum Classic, Zilliqa and vertcoin miner. TeamBlackMiner or TBM is a miner that maintains the leading position in mining coins such as Ethereum, Ethereum Classic and Zilliqa. The developer commission for Ethereum and Ethereum Classic is only 0.5%. The program supports informative and readable statistics output in the form of tables in the console. There is a mechanism to restore a lost connection to the pool.
What is an NFT-token and why it is needed NFT technology was originally created in 2017 based on smart contracts tied to Ethereum cryptocurrency. Smart contracts make it possible to prescribe in detail in the blockchain the terms of an agreement and the mechanism for its strict fulfillment. In essence,…