Technology

Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

Coins Legend April 17, 2022 0

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin

Market updates

Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

Coins Legend April 16, 2022 0

Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on Saturday, […]

News

Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC

Coins Legend April 15, 2022 0

The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization has approximately 42,530.827 bitcoin. LFG Acquires Another Batch of Bitcoins for […]

Market updates

Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $3,000 on Good Friday

Coins Legend April 15, 2022 0

Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading lower during Friday’s session, as volatility in crypto […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Heading Into Easter Weekend

Coins Legend April 14, 2022 0

Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC […]

Technology

Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving

Coins Legend April 14, 2022 0

Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have

News

Inside LBank’s Bitcoin Miami Exhibition, Sponsorship, and Satellite Event

Coins Legend April 13, 2022 0

PRESS RELEASE. Global crypto exchange, LBank, joined Bitcoin Miami 2022 as a first-time sponsor and exhibitor, attracting more than 500 attendees to their satellite event, and announcing their many ambitions in the United States. As one of the biggest crypto events in the US, Bitcoin Miami 2022 gathered over 35,000 attendees, making it the biggest […]

News

Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance

Coins Legend April 13, 2022 0

On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000, Some Anticipating Drop to $30,000

Coins Legend April 13, 2022 0

After a boost on Tuesday, following the release of U.S. inflation data, bitcoin prices were once again lower on Wednesday. BTC has mainly traded below $40,000 during the session, with ETH continuing to hover above the $3,000 level. Bitcoin Following a slight rebound in price during yesterday’s session, BTC fell below $40,000 earlier today, and […]

News

13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022

Coins Legend April 12, 2022 0

During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation […]