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Tag: Ethereum mining

OpenAI Founder Still Wants Your Eyeballs for ‘Worldcoin’ Currency

Popular AI chatbot ChatGPT may need more than 30,000 graphics processing units (GPUs) from American chip giant Nvidia to process training data, according to...

Crypto Miner Hive Blockchain Posted Net Loss of $90.4M for Q3 2022

Crypto mining saw severe losses last year as prices went south. Several notable players in the space slid into bankruptcy, while others had...

Israeli startup Chain Reaction raises $70M to develop blockchain chips

The Tel Aviv-based blockchain chip startup is developing its next-generation chip. The new chip will be a...

An examination of the different cryptocurrency mining processes and their environmental impact

Cryptocurrency mining is a process by which the cryptocurrency network validates transactions, and also collects fees through the use of specialized computers called...

HIVE Ups Bitcoin Production in First Full Quarter Without Ethereum Mining

Crypto miner HIVE Blockchain increased its Bitcoin production in the final three months of last year, despite the ongoing crypto winter and the end...

Biggest Crypto Gainers Today – February 3

Join Our Telegram channel to stay up to date on breaking news coverage The crypto market on Friday wasn’t as uplifting as it was the...

Best Blockchain Stocks, Rated and Reviewed for 2023

IBM (IBM) 4.5IBM has established itself as a major player in the enterprise blockchain solutions space.Read our review J.P. Morgan (JPM) 4.5J.P. Morgan is the...

Chinese Miner Wants To Fork Ethereum Ahead Of The Merge

.With the approximate date for the Merge bow revealed, a Chinese miner is planning for yet another insurrection.  4. #Chandler's ETH PoW fork to be...

Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer

Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on...

The Week Begins: All Eyes On Ethereum

Ethereum

More than 2 million Ethereum, worth around $5.8 billion, was reportedly burnt since the last update. The burns started following Ethereum Improvement Proposal 159, or EIP 1559, from the London hard fork. EIP 150 does not limit the total supply of Ether, instead, kicking off a mechanism that destroys an amount of Ether in circulating [...]

The post The Week Begins: All Eyes On Ethereum appeared first on Blockonomi.

Ethereum moves closer to proof-of-stake after Kiln 

Ethereum’s merge on the Kiln testnet on Wednesday was a success, as the blockchain passed the final public test before its highly anticipated transition from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS), which is expected to happen by the end of Q2, 2022. See related article: The best of Ethereum 2.0 is yet to […]

Ethereum Mining Revenues Drop Significantly

ETH mining is getting less profitable amid the network upgrade of Ethereum. The recent data published by on-chain analysis platform Glassnode shows that the ETH miner revenue has touched a low of $1.

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