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Tag Archives: 50

50 Cut as $60 Million Blockchain Project Nebulas Lays Off 60% of Staff

The company behind the Nebulas blockchain project has gone from a team of 80 people to just 30, CoinDesk has learned. After gaining attention in August for its decision to delay its token distribution, including holding onto founder tokens for a period of 10 years, the company has undergone a …

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9 Crypto Firms Sue Washington State Utility Over 50 Percent Rate Hike

Mining A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Also read: Indian …

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9 cryptocurrency firms sue Washington State Utility over 50% Rate Hike

INTERNATIONAL – A major utility in the US state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Grant …

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50% of Bitcoin Supply Hasn’t Moved in a Year, 20% May Be Lost Forever

Bitcoin (BTC) earned its digital gold comparison due to a number of factors, but none more-so than its pre-programmed scarcity. There can only ever be a fixed supply of 21,000,000 BTC, as was designed by Satoshi Nakamoto in order to give Bitcoin its deflationary aspect. That fixed supply also provides …

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UAE Wants 50% of Government Business On Blockchain By 2021

The United Arab Emirates has announced that it is pursuing two national initiatives in the fields of blockchain and artificial intelligence (AI). As per reports, the UAE government is looking to strengthen the country’s position as a leading player in the world in relation to the adoption of emerging technologies. …

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Bitcoin (BTC) Drops Below 50% Dominance – Altseason Incoming?

Bitcoin’s dominance within the cryptocurrency market appears to be decreasing, with data from CoinLib showing the asset recently dropping to below 50 percent dominance for the second time in the past 30 days. Historically, a decrease in BTC dominance usually indicates an incoming ‘altseason’ – a colloquial term used to …

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Single Mining Pool Gains 50% of Bitcoin Cash Hashrate

Bitcoin Cash mining centralization has reached a level where just one pool is controlling half of its hashrate, according to Coin Dance. The crypto statistics service found that BTC.TOP mining pool, a China-based private entity, took over as high as 50.2% of the entire Bitcoin Cash network at some point …

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Cardano most actively developed cryptocurrency in 2018, bitcoin not even in top 50

Being the most actively traded or most valued cryptocurrency does not mean it will be the most actively developed one as well. Bitcoin, the world’s most traded cryptocurrency, is a distant 52nd most actively developed cryptocurrency in the last 12 months, according to coincodecap.com, which maintains a log. Cardano, which …

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Bitcoin price rejected at $3,900; will the 50 SMA hold?

“That emission schedule of coins coming on every ten minutes makes bitcoin the central bank of the world…” Max Keiser. The current trend is downward but Bitcoin has several support levels. Bitcoin price corrected higher after it broke out of the short-term bullish flag pattern we discussed yesterday. The moved …

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