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Tag Archives: crypto mining

Chinese ETH Miners Invest More in Machines as Gas Price Dumps

Oct 14, 2020

Vincent He

Ethereum gas prices have declined to 36Gwei, the three-month low since the DeFi boom, falling 93% from the peak. However, the data on the chain shows Ethereum network hashrate continues to grow, and the miners are frantically investing more in machines. According to the data from QKL...

Liquidity Mining in Chinese Traditional Crypto Miners’ Eyes

Sep 15, 2020

Vincent He

Liquidity Mining has evolved into a low rumble as more and more people get interested, including Chinese crypto players. But what do traditional crypto miners in China think of liquidity mining? Capital is not safe in liquidity mining Traditional POW miners focus on machine, coin ...

Released Filecoin Mining Structure May Eliminate 80% Miner Makers

Sep 3, 2020

Vincent He

Filecoin storage network has revealed the details of its cryptoeconomic structure in a report titled Engineering Filecoin’s Economy, in which three key points are introduced: punishment mechanism, amount of mining release, and pre-pledge ratio. The revealed economic model is extremely hars...

Ethereum Miner in Short Supply as ETH Hits 2020 High

Jul 28, 2020

Vincent He

The price of Ethereum has reached a new yearly high at $325, surpassing the previous high achieved in February 2020. In addition, more information about Ethereum 2.0 is disclosed recently, and after the popularity of DeFi, GAS fees began to approach the peak in 2018. Now the popularity...