Auto Added by WPeMatico

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April…

Continue ReadingEthereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

Coinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

On March 23, the cryptocurrency exchange Coinbase announced the platform will now allow cardano staking services. The company’s senior product manager Rupmalini Sahu mentioned that cardano is one of the…

Continue ReadingCoinbase Now Allows Cardano Staking Services, Firm ‘Plans to Continue to Scale Staking Portfolio’

Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition

After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work…

Continue ReadingEthereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition

Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million…

Continue ReadingEthereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs).…

Continue ReadingReport: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’