Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper
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Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […] Source: https://news.bitcoin.com/paypal-promotes-low-carbon-bitcoin-mining-with-new-research-paper/

ETH deposits and withdrawals now available on Linea!
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ETH deposits and withdrawals now available on Linea!

We’re thrilled to announce that Kraken now supports deposits and withdrawals of Ethereum (ETH) on Linea! What is Linea?  Linea is a Layer 2 (L2) solution tailored for Ethereum, aiming to enhance scalability and flexibility for decentralized applications (dApps). It leverages zero-knowledge proofs alongside complete Ethereum Virtual Machine (EVM) compatibility, facilitating the easy development or migration of dApps. Funding ETH…

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Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC
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Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied […] Source: https://news.bitcoin.com/exclusive-epic-satoshi-auction-launches-bids-already-double-to-2-btc/

Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit
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Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash by Tuesday. To date, the network’s hashrate has experienced a modest decline, though nothing too substantial yet, following the completion of […] Source: https://news.bitcoin.com/post-halving-fallout-bitcoin-hashprice-slides-30-miners-earnings-hit/

GuildFi Rebrands to Zentry, Launching a 'Game of Games' to Reward Players
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GuildFi Rebrands to Zentry, Launching a ‘Game of Games’ to Reward Players

Guilds that emerged during the play-to-earn boom are evolving with the crypto gaming industry. Now GuildFi has announced plans to rebrand itself to Zentry, with plans to create a unified “superlayer” that rewards players across all types of games—those across multiple blockchains, but also Web2 games and even real-world social experiences. The firm began life back in the Axie Infinity…

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Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman
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Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman

Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation. He suggests that Decentralized Physical Infrastructure Networks could be the solution for the country, which currently trails other major economies in fixed broadband connectivity. Using Blockchain to Establish Transparent Networks Lakshman supports […] Source: https://news.bitcoin.com/developing-countries-need-decentralized-physical-infrastructure-networks-karam-lakshman/

PayPal Confirms It Is 'Pausing' Crypto Purchases for UK Customers
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PayPal Wants to Give Green Bitcoin Miners Extra BTC Rewards

The blockchain research division of payments giant PayPal has proposed a fix that aims to “accelerate the clean energy transition for Bitcoin mining.” PayPal’s Blockchain Research Group, in partnership with non-profit Energy Web and Bitcoin miner DMG Blockchain Solutions, has published a research paper on the “Green Mining Initiative,” which proposes using cryptoeconomic incentives to encourage miners to use low-carbon…

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