Ethereum miners alone have reportedly spent about $15 billion on graphics cards in the past 18 months. That figure doesn't include gpus that gamers use for gaming and mining, as they try to recoup some of the cost of their expensive graphics cards. The figures also do not include the cost of cpus, motherboards, Psus …
Ethereum miners have spent $15 billion buying graphics cards in the past 18 months Read More »
On June 20, bitcoin bounced back above $20,000 to trade at $20,522.23, up nearly 8% in 24 hours. Earlier, it fell below $18,000 and hit a low of $17,934.67 in 24 hours.
In short, you can use blockchain as a distributed database, but it can also be used for something else. It's like a laptop. You can use it as a USB stick to store files and lug them around. But it can also be a computer, playing games and watching movies, no problem. Distributed databases, as …
What are the essential differences between blockchain and distributed databases? Read More »
HTC, a Taiwanese electronics giant, has a definite claim on the universe. In response to shareholders' meeting on June 17, HTC said it will focus on meta-universe hardware in the short to medium term and build more diversified revenue in the future. HTC revealed that on June 28 to launch a new phone, the phone's …
They drove for 20 hours, and the whole way they talked about cryptocurrencies and blockchain technology, how it's going to change the world. They talk about concept after concept, each crazier than the last. It's as if their brains are constantly being rocked by new ideas. "Bitcoin-based development like mastercard can create so many possibilities. …
Bitcoin is like money. Ethereum is a bank account Read More »
Tesla spent $1.5 billion on Bitcoin last year, but the price of the cryptocurrency collapsed and the company lost about $600 million, or $4 billion. Tesla currently holds 43,200 tokens, making it the second largest bitcoin holder, according to data that tracks Bitcoin Treasury bonds of companies that own bitcoin businesses around the world. Leading …
Despite its great potential, blockchain technology is currently hampered by a number of challenges. For example, block conflicts are now the most common type of blockchain problem, indicating that a blockchain can fork if two blocks are recorded almost simultaneously. Current conflict resolution techniques are based on LCR(Longest chain Rule), which states that the longest …
The US pioneered the metasverse concept, embracing innovation while actively focusing on data security and cryptocurrency regulation. Licensing management for cryptocurrencies varies from state to state, but the framework is gradually improved and enforceable, effectively curbing the chaos in the initial blockchain and digital currency field. South Korea has shown a strong sense of urgency …
Development status and characteristics of global metaverse Read More »
According to the latest on-chain data, more than 1 million Ether coins, worth the equivalent of $4.24 billion, have been burned since IP-1559 officially went live in August. However, ether is still inflationary at around 1% a year, but that will change next year with the upcoming Ethereum 2.0/1.0 merger. More than 1 million Ethereum …
More than 1m ether coins were destroyed in three months Read More »
Bitcoin miners are scaling back production, as falling cryptocurrency prices and rising energy costs squeeze their profits and send their shares tumbling, the Financial Times reported On Monday. Bitcoin miners, which use powerful computers to create new bitcoin units and validate transactions on the blockchain, have been forced to change their strategy as the plunge …
As costs rise and currencies plummet, bitcoin miners are cutting production Read More »