bitcoin and ethereum
30 May
bitcoin and ethereum

BIT Mining reports 40% dip in revenue

For the second day straight, a significant number of the stocks followed by The Block shut in the green, with Northern Data, Hut 8, and Riot posting the most noteworthy recuperations, of +12.29%, +9.09% (on Nasdaq), and +7.58%, separately.

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bitcoin mining
24 May
bitcoin mining

Uncovering “Mining”: Detailed Explanation of ASIC Miners?

Abstract: In recent years, with the gradual rise of encrypted digital currency, Bitcoin (Bitcoin, BTC), as the representative of encrypted digital currency, has attracted widespread attention. The Proof-of-Work (POW) mechanism that Bitcoin is based on stipulates that the miners who are the first to solve complex mathematical problems can obtain…

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luna terra luna
23 May
luna terra luna

Do Kwon Isn’t Done Yet

Some saw it coming. In 2018, Cyrus Younessi, an analyst at crypto investment firm Scalar Capital, saw UST’s white paper and immediately warned his boss. The algorithm pegging Kwon’s stablecoin to the greenback, Younessi said, could one day fail and cause a “death spiral” if Terra’s ecosystem was drained of capital too…

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