Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A...
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will...
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are...
Bitcoin Cash analysis: range-bound for below $260
Bitcoin Cash is trading sideways below $260, but a break above this level could open up space to the psychologically significant level at $300 The past 24 hours have seen Bitcoin Cash bears appear intent on rejecting attempts for a breakout above $260. Rejections...Interesting 13
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