More / Etherum Reddit - 3 years ago
I am a big supporter of Ethereum, however I have found myself in a position without any eth. Would it be feasible to get a mining rig to get some eth? submitted by /u/TottenhamsHokage [link] [comments]
More / Bitcoin Reddit - 3 years ago
Hi there, I currently have >100 peers connected to my node, not even 15% of them are 0.21.1 core nodes. That's way too low and doesn't give the proper signal to miners, it doesn't incentivizes them to mine taproot ready blocks...
More / Bitcoin Reddit - 3 years ago
There are multiple reasons why the energy consumption makes sense, since it prevents certain network attacks, like following: You really have to invest much in hardware & energy to mine blocks - and unlike with POS coins, it's therefore not...
by COINS NEWS - 3 years ago
Criticism of BTC: โ
Energy inefficient โ
Slow โ
Expensive transactions Acting like anything else is delusional and makes all of us look like lunatic cult members. To see people defend Bitcoin this much is kindda embarrassing. It's the first crypt...
More / Bitcoin Reddit - 3 years ago
About 85% signaling now! submitted by /u/Purple_Ad_1118 [link] [comments]
by COINS NEWS - 3 years ago
A 2020 peer-reviewed IEEE paper noted that one bitcoin transaction uses 651 kWh, while IOTA uses 0.00016 kWh, meaning IOTA is ~4 million times more energy efficient. Since then, Bitcoinโs power consumption has increased to 1120.16 kWh per transaction...
More / Etherum Reddit - 3 years ago
Arthur Haynes said this in his latest article about EIP 1559 potentially decreasing ETHโs supply. What do you think? โIf the amount of gas fees exponentially increases alongside usage, and these fees are burned, then very quickly the inflation schedu...
by COINS NEWS - 3 years ago
Thoughts on ALGO? โAllโ chart on Coinmarketcap shows trades started in mid 2019th at ~$2 but it dumped to $0.30 3 months after, hovered around that price for most of the 2020 and then pumped in 2021 as everything else. I see it mentioned a lot in da...
by COINS NEWS - 3 years ago
tl;dr: BTCs energy consumption is a problem. please stop trying to deny it, it doesn't help anyone. I like crypto. I like this community. But what I really dislike a lot about it is, that it is awful with criticism. You bring up anything negative...
More / Etherum Reddit - 3 years ago
looking at Gas fees Ethereum feels like its only for rich first world crypto genius. Meanwhile poor people get Donations in shitcoins and Eth crowd screams Vitalik donates $1 billion worth Shiba Inu and Ethereum to India Covid-19 relief fund. Actual...
More / Etherum Reddit - 3 years ago
When blockchain first came out I thought it would be a fad. Seeing that bitcoin really had no purpose besides store of value. Years go by and I find ethereum... I heard about it before, but I thought it was just another type of blockchain like Bitcoi...
More / Etherum Reddit - 3 years ago
https://www.nytimes.com/2021/05/14/podcasts/the-daily/dogecoin-cryptocurrency-bitcoin.html Fantastic for him, and glad his roulette wheel paid off. But Doge is the future of crypto? Not sure I agree with that one... submitted by /u/Mike...
by COINS NEWS - 3 years ago
It's been roughly three months since I last did this type of commentary. Previous one's: pre-crash and post-crash. This post will compare the previous Bitcoin cycles to the current one and will showcase the bullish or bearish scenarios....
More / Bitcoin Reddit - 3 years ago
In my opinion, I think the community pushing for things being displayed in sats, would be beneficial. For the same reason people say "I dont want bitcoin I don't have 50k", because people like seeing things in large numbers Because peo...
by COINS NEWS - 3 years ago
tl;dr The wave of new shitcoins on the horizon in combination with celebrities as well as billionaires shilling and manipulating cryptos reminds me of the late 2017s when I got into cryptocurrencies myself. Since numerous new people found their way i...
by COINS NEWS - 3 years ago
We have been dreaming about mass adoption and decentralization. We wondered what it would be like. We have been asking ourselves that question since 2016 and possibly even earlier. Well... Here is your answer. This is how the market looks like when w...
by COINS NEWS - 3 years ago
Bear with me, this will be wordy. TLDR: Elon's tweet did not entirely cause the Crypto Dip this week. Not even close. Economic news did. Elon's tweet MAY have been the tipping point but not the cause. Fire up the Way Back machine! The dip Wed...
More / Etherum Reddit - 3 years ago
Hi, Can anyone give me some examples of real life scenarios of Ethereum that Bitcoin does not have? I've been hearing that ETH will allow you to do this, and that (e.g. washing machine that orders by itself the waching liquid once it`s fiinished...
More / Etherum Reddit - 3 years ago
So I just recently found out about TCAP token but i dont get their point. I'm kinda new to crypto but I've got the fundamentals, the thing is that i don't get what are they offering to distinguiss from other tokens. As far as I can get t...