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by António Madeira, writing for Cointelegraph
Ether (ETH) miner revenue skyrocketed during the month of September
according to data from glassnode, an onchain analytics resource. While the
price of Ether did not rise significantly during this time, miners on the
Ethereum network saw their revenue increase due to high fees.
ETHEREUM MINERS MADE 450K ETH FROMHIGH NETWORK FEES DURING DEFI PEAK
O C T O B E R 1 6 , 2 0 2 0 | V O L . 2 5
(Block)chainmail
The weekly Newsletter of World Digital MiningOrganization Inc.
From a fundamental perspective, Bitcoin has never been stronger. The benchmark
cryptocurrency has evolved from being a speculative asset to a reserve asset that is
being widely adopted by retail investors, funds, institutions, and corporations
alike. One example of this is BTC’s hash rate, which just set a fresh all-time high
this week, now up over 36% from where it started the year.
BITCOIN HASH RATE ROCKETS TO NEWALL-TIME HIGH; UP 36% IN 2020
by Kelly Cromley, writing for Cointrust
Asic Jungle has rolled out a beta variant of what it claims to be “the first-ever
mining hardware marketplace” for crypto mining equipment. The company’s
CEO Artem Bespaloff stated that he has developed a trustworthy platform for
used mining hardware that runs without any intermediate.
THE FIRST-EVER MINING HARDWAREMARKETPLACE JUST LAUNCHED
by Ed Drake, writing for Coingeek
The U.S. Treasury
Department is actively
considering the benefits of
a central bank digital
currency (CBDC),
according to comments
from a senior official at
the department this week.
“It’s something we’re
studying … [T]his is really
a decision which sits as
much with the Fed as it
does with the Treasury,”
said Dep. Treasury
Secretary Justin Muzinich.
US TREASURYOFFICIALCONFIRMSONGOING CENTRALBANK DIGITALCURRENCY STUDY
by Cole Petersen, writing for NewsBTC
BitCluster, a cryptocurrency mining company in Russia, is setting up shop where
few dare to wander. A new mining farm above the Arctic Circle, in the industrial
area of Norilsk in the Taymyr Peninsula, will provide 11.2 megawatts of power
for mining bitcoin. The farm will be working as a “mining hotel,” meaning that it
will be hosting application-specific integrated circuits (ASICs) for customers,
charging them for electricity consumption.
A RUSSIAN COMPANY IS OPENING A MININGFARM IN THE ARCTICby Anna Baydakova, writing for Coindesk
by Husayn Hashim, writing for Cointelegraph
A football team in Cyprus won against its rivals after it allowed fans to use
blockchain technology and fan tokens to vote on its match lineup and
formation, taking fan engagement to a new level.
FANS VOTING WITH TOKENS PICK A WINNING TEAM
by Daniel Palmer, writing for Coindesk
Nasdaq-listed company Marathon Patent Group is forming a new joint
venture with a U.S. power provider that will bring a supply of cheap energy
for its bitcoin mining operations.
BITCOIN MINER MARATHON EYESPROFITABILITY BOOST THROUGH JOINTVENTURE WITH US POWER PROVIDER
by Steve Kaaru, writing for Coingeek
Global financial regulators and some of the world’s largest economies have
published guidelines on the regulation and oversight of central bank digital
currencies. In their report, they recognized the rapid growth and adoption
of digital currencies and urged regulators globally to put in place concrete
regulations before launching CBDCs.
G20 COUNTRIES ESTABLISH GLOBALSTABLECOIN RULES
by Tim Alper,writing for Cryptonews
The Chinese island province
of Hainan wants to use a
blockchain technology-
powered “points” program to
boost tourism to the region.
The project will operate
alongside a recent project that
will see Hainan create the
nation’s first blockchain free
trade zone.
CHINA USINGBLOCKCHAINPOWER TO BOOSTPOST-COVID 19TOURISM
And that is all we have foryou this week. Feel free towrite to us [email protected] questions andcomments!
Mason Jappa and Sam
Chwarzynski, cofounders of
Blockware Solutions talk
about cryptocurrency
mining in North America.
Listen to the HASHR8
podcast here.
WHAT'S ONTHE IPOD
