Alexey’s most popular overclocking tool will now work without MSI support. The reason for this is the ongoing war in Ukraine, resulting in problems with licensing. Due to sanctions, companies like MSI are unable to fulfill their obligations under the contract signed with the developer. Alexey himself lives in Russia. MSI Afterburner as software without MSI support? Thus, “the project is probably dead”. Alexey “Unwinder” Nikolaychuk confirmed that the Afterburner project may be on the verge of cancellation.Read More
News – a section of current interesting news from the world of cryptocurrencies, mining.Crazy-Mining.org – A resource about cryptocurrencies, mining, as well as blockchain and decentralized technologies.
End of Ethereum mining on Proof-of-Work POW
A group of programmers led by a Canadian engineer Vitalik Buterin has developed the ETH cryptocurrency. The second largest cryptocurrency market in terms of market capitalization is Ethereum, and the coin is considered the most advanced digital asset. Compared to other blockchains using PoW consensus, transactions on the Ethereum network are processed much faster. But flexibility in using automated algorithms is the most significant advantage of Ethereum (smart contracts). It is mined only on video cards. Nevertheless, in the world of cryptocurrencies, there is an opinion that mining on the Ethereum GPU is coming to its end. The end of Ethereum mining is unknown. The transition of the network from the Proof-of-Work consensus mechanism to the Proof-of-Stake algorithm will largely determine the solution of this issue.Read More
The value of altcoins decreases as bitcoin grows.
In 2021, the bitcoin industry experienced a further upswing. Large corporations have openly invested in bitcoin. Even some countries, such as El Salvador and Cuba, have adopted the first cryptocurrency as a form of payment. Throughout the year, the market was mainly driven by bitcoin. The cryptocurrency grew by more than 60% from January to December (from $28.94 in January to $47.68 in December). In November, the purchase price rose to $68,000. The value of other coins has also increased. This growth, however, does not correspond to the expected “altcoin season”, which disappointed investors. The same thing happened in early 2022. Only a small part of the coins contributed to the regional expansion of BTC. The rest had a slight negative. You need to find out what influences the exchange prices of digital currencies and how they relate to the behavior of the flagship in order to understand why altcoins are falling and bitcoin is growing.Read More
Binance crypto exchange will stop support of USDC, PaxDollar, TrueUSD
Cryptocurrency exchange Binance will end support for USDC stabelcoin and forcibly convert it to its own Binance_USD (#BUSD). On September 29, Binance will forcibly convert user assets from USD Coin to Binance USD. The same will happen with two smaller stabelcoins, PaxDollar and TrueUSD, which are also forcibly converted to the exchange’s Coin. This not only promises inconvenience to users, but major problems for Circle Internet Financial, which is the issuer of USDC and was planning to go for an IPO. After such actions, Binance may take the leading place in the market of stabelcoins and make its subordinate Binance USD the largest in terms of capitalization.Read More
The event that could change Bitcoin and cryptocurrencies forever
There was a time when cryptocurrency was just one cryptocurrency called Bitcoin. Around that time, the former Magic: The Gathering Online exchange, which was quickly forgotten about, was converted into a bitcoin exchange called Mt. Gox. A few months later, after a change in management, Mt.Gox was processing more than 20,000 transactions a day while bitcoin was trading at $1 – just imagine being invested in crypto at the time, geez. Despite some hacking attacks, the exchange continued to grow in value at an impressive rate. At one point, according to Miles Deutscher, 70% of bitcoin transactions were made on that exchange. Nothing but impressive. For context, at the time, the only cryptocurrencies in existence besides Bitcoin were Litecoin and Namecoin, so a huge percentage of crypto transactions were taking place on Mt.Gox. However, in June 2011, the situation changed for the worse.Read More
Binance Australia: Regulation will set high standards in the crypto industry
Binance Australia CEO: Regulation will set higher standards in the crypto industry. Leigh Travers noted that the lack of regulatory certainty is causing large financial institutions to stay away from the cryptocurrency industry. CommonWealth Bank of Australia, for example, has suspended its digital asset trading pilot program.Read More
Ethereum creator: Proof-of-Work cryptocurrency mining should not be banned
Vitalik Buterin accused the authorities of unfair prosecution of cryptocurrency mining on the Proof-of-Work algorithm. The creators of Ethereum believe that the mining of cryptocurrencies should not be banned, and the ban can become a tool for prosecuting projects objectionable to officialsRead More
Binance laundered Hydra and Lazarus money
Binance laundered Hydra and Lazarus money. Reuters reported that from 2017 to 2021, Binance processed at least $2.35 billion worth of transactions related to illegal activities. The agency used court records, law enforcement statements, and blockchain information.Read More
Algorand ready to explode – should we buy ALGO in 2022?
Algorand has a dedicated and secure protocol from competitors, so institutional investors will prefer ALGO in 2022.Read More
Can NFT crypto tokens be environmentally friendly?
Can NFTs be environmentally friendly? One cryptocurrency can consume as much energy as a studio uses in two years. Can we get the best of both worlds? Are green tokens possible? NFTs have been around since 2014, but chances are you only started hearing about them last year. The popularity of NFTs has skyrocketed, and […]Read More
Miners in Kazakhstan will be able to buy electricity from Russia
Miners in Kazakhstan will be able to buy electricity supplied by Russia’s Inter RAO. Trading will be organized through the exchange JSC KOREM, exclusively for cryptocurrency mining companies. Inter RAO plans to start supplying electricity under the concluded contracts in November-December, with a volume of 300-400 MW per day. The agreement reached should solve the […]Read More
Beginning of Bitcoin bullish trend – Next stop $85,000 – $100,000 for BTC/USD
According to a new study, bitcoin (BTC) will reach at least $85,000 in the fourth quarter of this year and may well exceed the $100,000 mark. “There is nothing that would trigger a fall in Bitcoin other than a ‘significant bad news event,’” says analyst Philbfilb, as the market expects growth. The analyst predicts “explosive” […]Read More
Russia and China tighten policy on mining cryptocurrencies
Mining in Russia may be equated to entrepreneurial activity Issue of cryptocurrencies in Russia may become a type of entrepreneurial activity. This proposal was made by Anatoly Aksakov, chairman of the State Duma Committee on Financial Market, as quoted by TASS. In a conversation with journalists Aksakov touched on the upcoming changes in the regulation […]Read More
Reddit users are going to buy up Bitcoin in droves for $30
Members of the bitcoin community on Reddit are going to arrange a mass purchase of the main coin for $30. This news became known on the site itself. The post with this appeal already has more than 8.5 thousand likes. The plan is that all interested traders should buy bitcoin for $30 tomorrow, September 7. […]Read More