f2pool
Published in

f2pool

[PoW Round-Up] Bitcoin is for everyone

Learn about industry news, development updates, community happenings, and other aspects of the PoW world!

New miners joining BTC and ETC mining, Ethereum events, and stories in crypto.

Mining industry

  • Bitcoin

Bitcoin mining was not affected by the increasing complexity of international markets. Despite fluctuations, mining revenue reminds at same level as one month ago, at $0.17 for each TH/s.

New machines continue to join, without being affected by the tumbling market. Although mining difficulty adjustment posted a 4.78% increase, combined with price drops, many mainstream machines still generate stable profits, as shown in the table above.

  • Ethereum

Ethereum is seeing inflows of hashrate as well. It experienced drops in the past week but is performing better than 1 month ago when revenue was down to its lowest level in 1 year. The network recorded a new highest Avg difficulty of 13P on 2022–02–13.

Dev and network

  • Ethereum

In the latest AllCoreDevs call, devs discussed the merged test, beacon chain withdrawal, and EIPs. Check out a recap Twitter thread by Tim Beiko.

  • Ethereum Classic

ETC Core Devs Call 22 discussed the proposed rejection of Keccak256 ECIP-1049. The new Champion and the editor of the ECIP agreed on a further rewrite of the ECIP so that it is brought up to the ECIP-1000 standard. Here to view the full conclusion.

  • Dogecoin

Dogecoin core dev Patrick Lodder proposed increasing open participation on dogecoin development by having an open, weekly PR review session to go over pull requests and more.

  • Decred

Decred v1.7.1 was released with bug fixes and improvements.

  • Firo

A tokenomics and funding proposal was posted and is now seeking the community’s thoughts and discussions on the forum. The topic of discussion is about the changes in the division of Firo’s block reward in order to increase community participation.

FiroDEX, an atomic swap-powered DEX was released. It allows cross-chain swaps and interoperability and supports a wide range of chains

Application and adoption

  • Bitcoin

BNY Mellon, the world’s largest custodian bank, is allowing institutional clients to hold Bitcoin and ethereum later this year. Learn more here.

  • Ethereum

Tips via Ethereum are now available on Twitter, in addition to Bitcoin tipping.

There are better tools for understanding how gas works. Etherscan added the estimated cost of the transaction actions list to its Gas Tracker. Hildobby.eth, a web3 data scientist, also released an overall dashboard on Dune to showcase various aspects of Ethereum gas on one page.

  • Siacoin

Sia now supports “The Uncensored Library” by RSF. This library is filled with books that were censored, making them available for people around the world.

  • Handshake

Namecheap acquired a controlling interest in the Handshake registry and exchange, Namebase, which will continue to operate as an independent brand. Namecheap CEO is now hiring developers to work on Handshake.

Community

  • Bitcoin

Not your keys, not your coin. It’s been 8 years since Mt.Gox was hacked on 2014–02–24. The community remembers the cyberattack, and the lessons learned.

  • Ethereum

The recent ETHDenver conference concluded last weekend. Time to review the fruitful week built by developers. Check the following recap.

Devcon 6 is scheduled to take place in Bogotá, Colombia. Follow this Twitter account to stay up to date on details about the event.

Laura Shin unveiled what Ethereum’s 2016 DAO hacker’s identity to likely be in her recent article.

  • Dogecoin

Ross Nicoll, one of the most famous core devs for Dogecoin announced that he is stepping back from his previous development role on the network and will switch to an advisor role for the Dogecoin foundation.

  • Kadena

Kadena Eco, a new initiative, was announced to bring together top-tier thinkers, tech talent, and strategic capital in its ecosystem.

The PoW Round-Up is our bi-weekly report on major news and mining insights in and around the Proof of Work ecosystem.

Monitor and help secure the PoW world with f2pool.

About f2pool

f2pool is a geographically distributed mining pool that has been helping miners around the world secure Bitcoin and 40+ other PoW networks since 2013.

Website: https://www.f2pool.com

Blog: https://f2pool.io/mining/insights/

Twitter: https://twitter.com/f2pool_official

Reddit: https://www.reddit.com/r/f2pool/

Discord: https://discord.gg/uNHskjvnbE

LinkedIn: https://www.linkedin.com/company/f2pool/

--

--

--

A geographically distributed mining pool helping miners around the world secure Bitcoin and 40+ PoW networks since 2013.

Recommended from Medium

CPLAY Network Introduction

Indigenous War, How to Extend your life by 10 Years, Taj Mahal’s Malware Problem & Other…

Ensuring transparency at district0x

+47.19% growth: How to Buy Index Chain (IDX) — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-index-chain-idx

All you need to know about eco-mining.biz

Smart Containers Company Update and Outlook 2020

USDT CryptoFarm (10/06/2021) – Earn 8% Expected Annualized Return

+37.69% growth: How to Buy Kalkulus (KLKS) in 2020 — A Step by Step Guide | Crypto Buying Tips

https://cryptobuyingtips.com/guides/how-to-buy-kalkulus-klks

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
F2Pool 🐟

F2Pool 🐟

F2Pool is the leading Bitcoin, Ethereum and cryptocurrency mining pool. Our mission is to make mining simple and profitable for all.

More from Medium

BOSAGORA signs business agreement with MONEYTODAY Corp.

Real Estate Market Economy

What is GeoClique?

The Model ALTO Crypto IRA Portfolio