Ethereum Daily Mining Rewards Аre at Lowest Level Ever Reported
New Ethereum (ETH) being generated through mining is at its lowest rate ever, Etherscan datareveals on Feb. 11.
According to Etherscan, on Feb. 10, 13,370 new ETH have been created, down from over 20 thousand in December 2018 and an all-time-high of over 39 thousand reported on July 30, 2015. The recent sharp decrease in the quantity of newly mined ETH was evidently caused by a sudden increase in Ethereum mining difficulty, which Etherscan data revealed on Feb. 10.
Chinese Bitcoin Billionaire Zhao Dong Believes Crypto Spring Will Come in 2020
Chinese alleged Bitcoin (BTC) billionaire Zhao Dong believes that the crypto spring will only come in 2020. His opinion, shared in a public chat in local messenger WeChat, was cited by Chinese crypto outlet 8BTC on Tuesday, Feb. 12.
Read MoreRipple Moves 1 Billion XRP Worth $302 Million in Huge Crypto Transfer, Along With a Mysterious Message
Ripple just unlocked a staggering amount of XRP from one of its escrow wallets, sending the funds to a separate, unknown wallet. The transfer of $1 billion XRP is worth about $302 million. The transaction cost less than one penny in fees and completed in a matter of seconds.
Read MoreCrypto keeps expanding in Venezuela
Venezuela, currently undergoing a monetary crisis which makes its central currency increasingly unusable, has been turning to cryptocurrency in a big way. Now, the first Bitcoin ATM is being installed.
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