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New data released by global trading and technology firm Susquehanna has revealed that the profit per month earned for mining Ethereum using a GPU mining rig has fallen as far as zero in November, down from about $150 in summer 2017. The data indicates that in addition to the dominance of more efficient ASIC miners which dominate […]
BitMEX’s head of research, Jonathan Bier, gave a statement to Bloomberg this week that will soon be proven true or false. In regards to how the upcoming Bitcoin Cash fork would play out, Bier said that he believes that the important divide between the economic majority and the mining majority will sort itself out in […]
Now that Bitcoiner Jared Polis has left Congress for the Colorado Governor’s Mansion, support both moral and material for the crypto industry in Washington, DC may be seen as lacking. While it is largely unelected bureaucrats who rule the financial arena in this country and occasionally make brash decisions in regards to innovative technologies like […]
The developers of Kin, the cryptocurrency created by social media app Kik, have announced that the crypto token will undergo yet another major developmental redesign as they seek to marry scalability with an intuitive user experience. The Kin Foundation revealed on Wednesday that, in a departure from the crypto project’s earlier roadmaps, developers plan to […]
The price of Bitcoin has dropped by 10 percent over the last 24 hours following a severe sell-off. Yet, several low market cap crypto and tokens have plunged by twice that amount, posting losses in the range of 20 percent. ERC20 tokens launched on top of the Ethereum blockchain network have performed especially poorly against […]