Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can […]
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable concentration of custodianship among the same pools. Analysis Reveals Shared Mining Practices Among Top Bitcoin […]
5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin’s Blocks
Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 months. Additionally, miners navigated through a total of 27 difficulty adjustments, predominantly increases, yet successfully propelled […]
Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining
In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in technology, it’s encountering similar environmental concerns. Moreover, advocates of bitcoin are drawing parallels between the criticisms of AI’s energy demands and […]
Ripples in the Bitcoin Sea: Ocean Pool’s Transaction Blacklist Sparks Industry Uproar
In recent days, discussions have intensified around the emerging bitcoin mining pool Ocean and its decision to exclude certain transactions, specifically those linked to Ordinal inscriptions and coinjoin activities. Luke Dashjr, a key figure in Ocean’s operations and a prominent Bitcoin Core developer, clarified to the public that the roots of this debate stretch back […]