Ethereum GPU Mining Profitability Has Declined Dramatically: New Research

Twitter Facebook LinkedIn New data released by global trading and technology firm Susquehanna has revealed that the profit per month earned for mining Ethereum using a GPU mining rig has fallen as far as zero in November, down from about $150 in summer 2017. The data indicates that in addition to the dominance of more efficient ASIC …

Ambitious Crypto Project Kin Forks Roadmap [Again]

Twitter Facebook LinkedIn The developers of Kin, the cryptocurrency created by social media app Kik, have announced that the crypto token will undergo yet another major developmental redesign as they seek to marry scalability with an intuitive user experience. The Kin Foundation revealed on Wednesday that, in a departure from the crypto project’s earlier roadmaps, …

Ethereum Rises to $220 as Tokens Surge; Will SEC Impact the Market?

Twitter Facebook LinkedIn Supported by the 2 percent increase in the price of Bitcoin, major cryptocurrencies including Ethereum have demonstrated renewed short-term momentum. Ethereum (ETH), Bitcoin Cash (BCH), and many other small market cap cryptocurrencies recorded gains in the range of 4 to 12 percent, with BCH recording a solid 10 percent surge in value. …

Ripple (XRP) Briefly ‘Flippens’ Ethereum to Become 2nd-Largest Cryptocurrency

Twitter Facebook LinkedIn Ripple (XRP), long the world’s third-largest cryptocurrency, capped off an impressive single-day rally with a foray onto the market’s silver podium, briefly evicting ethereum (ETH) from the market cap ranking it has long called home. Ripple (XRP) Challenges Ethereum for Silver Podium The rally, as CCN reported, saw the ripple price rise …

Buterin Denies Report, Not Stepping Back From Ethereum Development

Twitter Facebook LinkedIn Vitalik Buterin, the co-creator of Ethereum, has denied reports that he is stepping back from Ethereum development. On November 1, MIT Technology Review released an article entitled “Ethereum founder Vitalik Buterin says his creation can’t succeed unless he takes a step back,” which claimed that Ethereum cannot succeed and achieve true decentralization …

Hong Kong Startup Criticized for Selling Majority Stake to Invest in Cryptocurrency

Hong Kong’s fifth-largest bike sharing startup has sold 60 percent of its stake to invest in the cryptocurrency market, or two ERC20 tokens to be exact. $1 Million in Tokens Ketch’up Bike, a top five bike sharing company in Hong Kong that oversees more than 1,000 bicycles, has sold a majority stake in its venture …

Ethereum Foundation Researcher Justin Drake

Sharding, a much-anticipated Ethereum scaling solution, could be implemented as soon as 2020, Ethereum Foundation researcher Justin Drake said on Friday. Speaking to TechCrunch, Ethereum researchers including Drake and co-creator Vitalik Buterin discussed scaling solutions and the future of the project, outlining specific goals and functions of their upcoming new features. Discussing scaling, Buterin said …

Crypto Market Suddenly Adds $26 Billion Overnight, Bitcoin and Ether Surge 11%

The crypto market has added more than $26 billion in the past 24 hours, as major assets including bitcoin, Ethereum, and Bitcoin Cash rose by more than 10 percent. Bitcoin, Ethereum, and Bitcoin Cash are Today’s Big Gainers Major digital assets recorded large gains on June 30, as the volume of the crypto market suddenly …