Cryptocurrency Analysis and News Portal
Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per second (TPS).In a July 14 blog post by Matic Network, the project reported it had stress tested its Counter Stake CS-2008 testnet, which could
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Due to an exclusive institutional agreement between Fidelity Digital Assets (FDA) and Kingdom Trust (KT), retirees now have the option to safeguard
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Consumer advocacy group Public Citizen is trying to stop Canadian bitcoin miner DMG Blockchain from plugging its mining rigs into the American power grid. In a letter published Thursday, the nonprofit implored the U.S. Department of Energy (DOE) to scrutinize, if not outright reject, DMG Blockchain’s bid to export U.S. electricity
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A solar energy trading trial run by blockchain startup Power Ledger has found the initiative to be “technically feasible” for real world use. The trial, which was partly funded by the Australia government, surveyed 48 households in Fremantle, Western Australia and found blockchain energy peer-to-peer energy (P2P) trading delivered lower costs
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Tokyo Electric Power Company Holdings Inc., or Tepco, partnered with major Japanese trading company Itochu Corporation and started building a blockchain-based system to trade surplus electricity. According to Nikkei on June 18, the new system will be available to households in Japan within three years. The firms plan to collaborate with local governments and start a
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A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. The Cambridge Centre for Alternative Finance (CCAF), which is based at the Cambridge Judge Business School, said Wednesday the Bitcoin Mining Map would visualize countries'
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IBM has created a new blockchain consortium with three of Europe’s electricity grid operators to help smooth the transition to renewable sources of energy. It’s an important step in the direction of decentralizing and democratizing the way power is consumed, which is essential if nations are to reach 2050 carbon-reduction goals. The
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Chinese cryptocurrency hardware manufacturer Bitmain seems to be bouncing back after a streak of dismal reports. Earlier this week, a local industry blog revealed that the mining giant has accumulated over $300 million in revenue so far this year and is rewarding employees with massive bonuses on Labor Day.Bitmain has
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The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in
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Bitcoin's price is on the upswing, and so is the amount of computing power securing the network as a once-in-four-years event known as the halving approaches.The world’s oldest cryptocurrency is up 12% over the past five days, and less than a percent over the last 24 hours, trading in $7,600-$7,700
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