China’s market regulator finalizes rules that have been three months in the making. China has finalized new guidelines to aid in antitrust battle against tech giants.  On Feb. 7, the State Administration for Market Regulation released finalized rules for its anti-monopoly push against e-commerce and payments giants like Alibaba, Ant Group and Tencent. The guidance specifically addresses “operators that provide business premises, transaction matching, information exchange and other Internet platform services.” It builds on a host of recent efforts by both the SAMR and the People’s Bank of […]

Chinese GPU miners are apparently buying up Nvidia’s new GeForce RTX 30 laptops to set up ETH mining farms. Chinese cryptocurrency miners are reportedly buying Nvidia’s new laptops to mine Ether (ETH) amid the altcoin hitting new all-time highs. Nvidia’s latest GeForce RTX 30 laptops have become increasingly popular in China as a tool for mining cryptocurrency, according to several sources. On Feb. 6, a Weibo user known as BTCer posted a bunch of images showing off GeForce RTX 30 series gaming laptops making up a solid crypto […]

On-chain data shows that ETH is quickly vanishing from exchanges. Cointelegraph Consulting explores the causes and impact of this trend. Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to acquire and trade as it becomes progressively more embedded in locked smart contracts and applications. Last spring, the percent of Ether (ETH) supply on […]

Breaking down Tesla’s Bitcoin purchase reveals the emergence of a new corporate whale. Tesla (TSLA) sent shockwaves across the financial markets Monday after a United States Securities and Exchange Commission filing confirmed that the electric vehicle maker has added Bitcoin (BTC) to its balance sheet. Tesla’s latest Form 10-K filing for the fiscal year ended Dec. 31, 2020 shows a $1.5 billion allocation to Bitcoin. As Bitwise researcher David Lawant points out, Tesla’s BItcoin exposure represents roughly 7.7% of its gross cash position. According to the most […]

The “Zombie Mode” for mining Ethereum on 4GB AMD Radeon RX 470/480 and RX 570/580 GPUs had them brought back from the dead (hence the name) after the DAG size has reached the capacity of their video memory. Using it you can still not only mine ETH, but still make a nice profit doing so, even with the reduced hashrate you are getting. Even though the 4GB cards can still work their hashrate and profitability will continue to drop down with each new DAG epoch (current DAG […]