Riot expects the move from the Coinmint facility in Massena, N.Y., to its Whinstone mine in Rockdale, Texas, to reduce electricity costs and eliminate third-party hosting fees, the miner said in a Wednesday statement. About 5,700 of Riot’s bitcoin mining rigs are offline as a result of the move and the rest of its fleet Continue Reading…
Bitcoin is the world’s first decentralised cryptocurrency – a kind of advanced resource that uses public-key cryptography to record, sign and send transactions over the Bitcoin blockchain. The value of Bitcoin hit its all-time high simply a day after the first Bitcoin futures exchange-traded fund (ETF) was launched on the New York Stock Exchange. On Continue Reading…
Bitcoin, frequently described as cryptocurrency, virtual cash, or a digital currency – is a type of money that is virtual. It resembles a web-based form of money that operates free of any central control. It depends on peer-to-peer software and cryptography. You can use it to purchase products and services, however, only a few shops Continue Reading…
Last year, we announced our maiden blockchain event, Technext Coinference 2021. With the theme: Reimaging the future of finance, the event provided a visible platform for key players in the African crypto ecosystem to discuss the possibilities of cryptocurrencies to position for future leverage. As you know, the event saw participation from representatives of the Continue Reading…
As one of the most populated continents, Africa continues to be an important target for blockchain proponents, as adoption in the region could significantly impact the broader crypto economy. In an interview with Cointelegraph, Allen Wei, CEO of crypto exchange LBank, explained that blockchain could significantly impact Africa. Moreover, Wei highlighted that adoption within the Continue Reading…
US and Africa-based blockchain payments startup, Bitmama has announced that it has raised an additional $1.65 million pre-seed fund, ten months after its initial pre-seed round of $350,000. This brings its total pre-seed round to $2 million. The round was led by Unicorn Growth Capital and Launch Africa Ventures, with participation from Adaverse and follow-on from Continue Reading…
Pass the 9 Trials of the Guardian to Win. Don’t be a Dead Acolyte. CryptoZombies Origins is an interactive game where you — a CryptoZombie Acolyte, must pass ALL 9 TRIALS of knowledge without a single failure in order to defeat the guardian Spider of Web3. You won’t get much help other than from Etherboy, Continue Reading…
Few people understand what it is, but Wall Street banks, consultants, and celebrities are buzzing about blockchain technology. It’s hard to remove blockchain from Bitcoin, so we’ll start with Bitcoin as we work to understand this technology’s potential. Where is this data coming from? Bitcoin. Blockchain technology. Cryptocurrencies. Initial coin offerings. Everyone’s talking about them, Continue Reading…
As decentralized application (dApps) developers gain more experience working with blockchains, some are running into limitations created by the parameters of blockchain architecture. Ethereum, for instance, allows for applications to be created via smart contracts, but does not allow for automatic execution of code. It also maintains fairly strict control over the way consensus and Continue Reading…
If you only focus on the headlines, the Web3 space looks pretty dire over the course of 2022. Funding of Web3 companies has declined 25.6% year-over-year when comparing the first half of 2021 to the first half of this year. Cryptocurrency valuations are down by as much as 80%. On the other hand, open source Continue Reading…
