Avatar photo

admin

Crypto Mining Is Allegedly Causing Blackouts in Iran

Iran has faced major power blackouts in its capital, Tehran, and neighboring provinces throughout October and November. While officials cite various causes, crypto mining has emerged as a significant contributor to the power crisis. With the lowest estimated cost of…

Bitcoin Miners Focus on Accumulation Strategy

A recent report by JPMorgan reveals that Bitcoin miners are increasingly shifting their strategies towards accumulating Bitcoin (BTC) rather than liquidating their holdings. This trend is driven by the pressures of the recent BTC block reward halving and a rising…

Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins

Solana (SOL) and its decentralized applications (DApps) ecosystem have experienced explosive growth, reaching an all-time high in revenue in November 2024. A report from research platform Syndica revealed that Solana’s revenue hit $92 million, a 15x increase from $6 million…