News
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
6913
Fees News
Cryptocurrency fees can be defined as money (usually in the form of one of the virtual currencies) that is paid as a on top of a transaction. The most common way to charge a fee is by taking a commission, i.e. some percentage from the amount of the transferred money. At the moment, a lot of transactions can be completed without any cryptocurrency fees unless the transaction includes a large amount of data. As miners function as the handler of transactions, they also receive commissions since each new block of the blockchain consists of their operations and, for example, a fee from Bitcoin as well. It is optional to require a commission, but any user that has found a block can include fees by their own choice. In the future, when the rewards for creating a new block will be reduced, miners will get most of their profit directly from the fees.
- Explained
Replace-by-fee (RBF) is a feature in Bitcoin that allows users to replace an unconfirmed transaction with a higher fee to expedite confirmation.
- Altcoin Watch
Increased activity in Solana’s NFT markets and decentralized applications are pushing SOL price back toward year-to-date highs.
32195 - News
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets.
6850 - News
Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.
8783 - Markets News
Bitcoin users attempting to send on-chain BTC transactions are footing the bill for a fresh surge in Ordinals.
7223 - Research
This latest report from Cointelegraph Research dives into the tsunami of solutions coming onto the market that improve security, privacy and speed from existing protocols.
9253 - Interview
Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility.
5240 - News
Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.
6269 - News
Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.”
8272 - News
The account that paid $500,000 in fees to move $2,000 worth of Bitcoin was a Paxos server, the company stated.
15244 - Market Analysis
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support.
10344 - News
Yuga Labs said it would start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace.
7406 - News
OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer.
3696 - Explained
The Bitcoin network’s fee-to-reward ratio refers to the proportion of the miner’s income coming from transaction fees compared to the total block reward.