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Category Archives: News

Litecoin Hashrate May Drop By 20%-30% After Halving

Aug 5, 2019

lylian Teng

With just hours to go until litecoin’s (LTC) next halving event, F2Pool founder estimated that a majority of Antminer L3+ would have to be shut down for being unprofitable after the halving. Mao Shixing, founder of F2Pool, world’s second-largest bitcoin mining pool, commented on We...

Litecoin Block Reward Halves Tomorrow

Aug 4, 2019

Olusegun Ogundeji

Tomorrow is Litecoin’s block reward halving. The Litecoin block mining reward halves every 840,000 blocks and, this time, the coin reward is expected to decrease from 25 to 12.5 coins at every 2.5 minutes approximate block generation time. The event will coincide with the network achieving at ...

YouBank:Another Plustoken-like Crypto Wallet Scam

Aug 2, 2019

Vincent He

Recently, another crypto wallet scam named ‘YouBank’ emerges in China as cryptocurrency rally. It claims itself as the world’s first cryptocurrency bank, up to date, it has fleeced over billions of dollars from investors. It all began when the users started becoming suspicious with the i...

85% Bitcoin Mined, Implications as Supply Gets Thinner

Aug 2, 2019

Olusegun Ogundeji

Over 17,850,575 Bitcoin have been mined as at this writing meaning 85% of the top cryptocurrency's expected total supply (21 million) is already in circulation. Though the next Bitcoin reward halving - when the coin reward will decrease from its current 12.5 to 6.25 Bitcoin at every 10-minute b...