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Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode predicted fresh problems for miners after Bitcoin’s next block subsidy halving.Bitcoin halving impact on miners could be “severe”Bitcoin miner competition is exploding,
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A recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CryptoX dug deeper to determine which of 11 popular mining machines were the most competitive. Source
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Currently, publicly listed miners mine at a cost of $10,000-$15,000 per bitcoin, said Wolfie Zhao, head of research at mining consultancy Blocksbridge. Once the halving happens, these costs will double, bringing miners’ breakeven point to $20,000-$30,000. Source
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USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed. Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers
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A team of researchers at the Singapore University of Social Sciences recently conducted an appraisal of existing decentralized autonomous organization (DAO) voting schemes to determine which was most efficient. The researchers ultimately concluded that existing popular voting schemes each had their drawbacks and advantages and that a new paradigm combining what
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T. Rowe Price Associates, together with several prominent Wall Street companies, is set to explore the potential of the Avalanche blockchain to revolutionize financial trade execution and settlement using a new application called Spruce. T. Rowe Price Associates is joining forces with several Wall Street companies to explore the Avalanche blockchain’s
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Google researchers have published a paper saying that its new TPU v4 supercomputer is better than the A100 used by giant chipmaker Nvidia. Google has published information about one of its supercomputers powered by artificial intelligence (AI). According to the tech giant, the Google AI supercomputer boasts more speed and efficiency
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“Distributed ledger technology suffers with some real challenges on scalability,” Cunliffe said, with any system needing to be secure and fast. “On the retail side of it, we put in 30,000 transactions per second as a base case, going to 100,000. I don't think you can find any distributed ledger
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A proof-of-concept testnet conducted last week shows how the partnership's with the state agency can succeed, according to Smith. "The administration out there is actually very forward thinking and we should have systems in production this first quarter," he said. Production, he explained, means "a shadow ledger, which will be
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LayerZero is among a handful projects aiming to avoid the pitfalls of traditional cross-chain bridges, the typical (and oft-exploited) method of swapping assets between blockchains. Almost 50% of the attacks affecting cross-chain bridging protocols in the DeFi ecosystem occur on cross-chain bridges, Stargate said in the statement, citing recent studies. Original
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