Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors

Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex now have a total of six stablecoin options for trading on either platform. Bitfinex Opens Platform to Tether Competitors As Bitfinex writes, for years the only major option in stablecoins was Tether (USDT), and for quite a while Bitfinex was the only way to The post Stablecoin Wars: Bitfinex Adopts ‘Neutral’ Stance & Lists Major Tether Compeitors appeared first on CCN

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Bitcoin’s Network Just Experienced Its Second Largest Downward Adjustment

As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime. The last time bitcoin experienced an adjustment on par with this recent one was on October 16, 2011, when it dropped 13.1 percent. Just over two weeks later, the network would experience its most significant difficulty decrease, falling by 18 percent on November 1, 2011. Now, on December 3, 2018, the network’s mining difficulty has fallen by 15.1…

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Joseph Lubin: Forget Price — Ethereum Adoption is Growing Rapidly

In virtually every area, Ethereum, the largest smart contract blockchain protocol in the world, seems to be growing at an exponential rate. According to Joseph Lubin, the co-creator of Ethereum and the founder of ConsenSys, a blockchain software studio based in New York that houses 1,000 developers: “Blockchain is more than a market. It’s a The post Joseph Lubin: Forget Price — Ethereum Adoption is Growing Rapidly appeared first on CCN

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It’s Now Easier (And More Profitable) to Mine Bitcoin After Difficulty Drop

As Bitcoin mining hash rate has decreased amid lower prices, the mining difficulty has adjusted by design, making it easier to mine bitcoin.  Bitcoin mining difficulty adjusts to lower price For most of 2018, while the bear market persisted, mining hash rate and difficulty for Bitcoin continued to increase. Now it appears that the mining arena just like most of the ecosystem is beginning to feel the pinch. Data from Blockchain.com shows a 15 percent decline in both difficulty and hash rate for the Bitcoin network. Hash rate refers to…

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