Posts in Category: News

What Is a Mining Pool?

mining pool is essentially a collection of miners who have pooled their resources and computing powers together in order to mine a cryptocurrency. As the mining difficulty of a cryptocurrency increases, it becomes harder and harder to mine, because it requires more computation power. Which itself requires more energy, electricity, and eventually more costs. This can often be too expensive for a solo miner. For this reason, miners form groups in order to decrease the costs of mining.

 

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What Is Counos DEX?

Recently, the crypto community has leaned toward decentralized exchanges, and hence, there are many cryptocurrency decentralized exchanges available in the crypto market.

 

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CounosCoin Is Set to Enter IDAX

IDAX, one of the leading cryptocurrency exchanges in the world and among the top 10 digital asset exchanges, announced yesterday, August 30, 2019, that it is about to enter to its exchange platform Counos Coin (CCA), a new cryptocurrency based on Litecoin source code

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Telegram Blockchain Network

It is a long time passed from the publication of telegram news to launch a Blockchain-based network. It seems that the awaits will finish and this network will be unveiled soon. It is interesting to know that tokens of this network have long been sold in secondary markets

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Ticket Sale via Blockchain

The second biggest airline in Russia has gain a remarkable benefit through selling its tickets based on Blockchain. During a month, the sale amount is estimated about $1 million. According to S7 company report, the successful results of selling ticket through Blockchain platform show the possibility of profitable usage of this new technology in the businesses to have more income. The application of Blockchain in different businesses can bring about more benefit and boom.

 

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Bitcoin Cash’s Achievement

BCH fork was developed after the first BCH block (478559) was mined by the mining pool Viabtc. Its first block was able to hold 6,985 transactions. Furthermore, its recent hash rate was 4% that of BTC network. Regarding capitalization, it even succeeded in winning a higher position than Litecoin on August 2.

 

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5 Thousand Crypto ATMs

With the growth and development of cryptocurrencies, the number of ATMs that can accept these currencies has also increased. The statistics show that currently, there are about 5 thousand ATMs all across the world, giving services to users. The General Bytes company is the main company responsible for the manufacturing of these machines. The existence of ATMs for cryptocurrencies is a serious step toward their development among the general public.

 

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The Largest Wallet of Bitcoin

Blockchain.com, the largest Bitcoin wallet in the world, launched its first cryptocurrency exchange called the PIT. According to an announcement made by the Blockchain.com’s head of retail products, Nicole Sherrod, the crypto exchange of Blockchain.com can connect to other wallets and allow users to transfer their cryptocurrencies to and from one another instantly. The registration for the PIT began on July 27, 2019.

 

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