Ethereum's Hashrate Reaches All-Time High, Because of NFT Minting?

Ethereum’s Hashrate Reaches All-Time High, Because of NFT Minting?

Ethereum’s hashrate —a measure of the computational power devoted to the cryptocurrency—has reached an all-time high, despite the London hard fork that was expected to push miners away from the platform by greatly reducing their profits. CoinDesk today reported that both Etherscan and OKLink show Ethereum’s hashrate peaking over the weekend. The platforms disagree on…

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AMD's Radeon Instinct Accelerators Reportedly Sneak Into Chinese HPC Projects, Through Vietnam

AMD’s Radeon Instinct Accelerators Reportedly Sneak Into Chinese HPC Projects, Through Vietnam

Hungarian publication PROHARDVER has uncovered XFX’s crafty strategy to put AMD Radeon Instinct accelerators into the hands of Chinese HPC customers. While the graphics cards can function as mining products, they actually serve a higher purpose. The whole show started with an obscure Navi 22 graphics card that recently emerged in China. For starters, it…

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Cryptocurrency Market Rebounds, With Bitcoin and Ethereum Up 25% in a Week

Report: El Salvador Won’t Tax Foreign Investors for Bitcoin-Related Profits

El Salvador’s efforts to appeal to cryptocurrency enthusiasts continued Friday, with a report from Agence France-Presse (AFP) revealing that the country has decided to exempt foreign investors from taxes on profits earned via Bitcoin speculation. Bitcoin speculation effectively treats the cryptocurrency like an asset that investors want to buy when it’s under-valued and sell when…

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