The crypto exchange giant has pared back a plan to triple its headcount this year.
The post Coinbase slows hiring to help weather market downturn appeared first on The Block.
China still has the second-most mining hash rate even after the government’s crackdown, according to a new study.
The post New data confirm that many Bitcoin miners kept operating China even after ban appeared first on The Block.
The firm is undercutting larger rivals in its bid to grow market share.
The post BitMEX launches spot market in hopes of revival appeared first on The Block.
North Korean workers are using VPNs and online payment platforms to get work in the tech sector, according to a new government advisory.
The post North Korean IT workers are getting tech and crypto jobs online, US agencies warn appeared first on The Block.
Brazil’s Central Bank president Roberto Campos Neto had meetings with Binance and Coinbase on his agenda over the past few days.
The post Crypto CEOs are courting Brazil’s central bank as legislation moves through National Congress appeared first on The Block.
Quick Take
- Axie Infinity was a pioneer of play-to-earn gaming and became immensely popular last year.
- But indicators of popularity — the average cost of an Axie, total NFT sales and daily active users — have since plummeted.
- What happened?
Here is a look at how crypto mining companies did in the markets on Monday, May 16.
The post Bitcoin mining stock report: Monday, May 16 appeared first on The Block.
The fork, proposed today on a Terra discussion forum, would create a new Terra chain and the original would become ‘Terra Classic.’
The post Do Kwon wants to fork the Terra blockchain as part of revival plan appeared first on The Block.
The company said during its Q1 2022 earnings call that it will slow down the deployment of miners to a new facility in Argentina.
The post Bitcoin miner Bitfarms scales back growth plans for 2022 after drop in revenue, net profit appeared first on The Block.
Quick Take
- The Ethereum Merge has recently been postponed to “a few months after June,” according to one core developer in April.
- Despite the numerous delays, the Merge is anticipated to take place after all and will transition the consensus algorithm to proof-of-stake.
- A looming question is what will happen to the millions of GPUs that are running on the Ethash algorithm at the moment.
- In this piece, we take a look at the current Ethereum mining landscape and the economics of GPU mining.
