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Why Cardano Hoskinson Called Proof-of-Work a Road Nowhere newsbtc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbtc.com Daily Mail and Mail on Sunday newspapers.
Key Takeaways A gas explosion and flooding at a Chinese coal mine has halted Bitcoin mining operation in Xinjiang, China. The networks total hashrate dropped by 64 Eh/s as central authorities conducts safety inspections. Bitcoin s price also felt the pressure from the decline in mining power, dropping 4.3% from today s opening price. Share this article Bitcoin’s hashrate dropped 25% from all-time highs after an accident in the Xinjiang region’s mining industry caused flooding and a gas explosion, leading to 12 deaths with 21 workers trapped since. Dangerous Mining in China Reportedly, an industrial accident in the Fengyuan Coal mine on Apr. 10 led to under-ground flooding of the facility trapping 29 workers 1,200 meters underground. Eight of these workers were rescued on Monday. ....
Reading Time: 3min read BlockDown Conference is set to celebrate its first anniversary with its most ambitious event to date on April 15-16. BlockDown 4.0 will be a gathering of the greatest minds in the crypto space, celebrating the bull market of 2021 with keynotes, panels and much more. Attendees will experience new interactive and innovative ways to obtain exclusive NFTs, access private backstage Q&As and discussions, and virtually join the top names in the industry as they discuss their latest thoughts and predictions on the crypto ecosystem: Akon – Founder of Akoin Sergey Nazarov – Co-Founder of Chainlink Further speakers will be announced over the coming weeks. ....
South Africa's MTI was world's biggest crypto scam in 2020 techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.