Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Notice on Luckycoin (LKY) Network Maintenance and Binance Pool LKY Mining Rewards Suspension

Binance announced that the Luckycoin (LKY) network will undergo a hard fork at block 276,500, scheduled to take place at approximately 2025-01-23 12:00 (UTC). The network maintenance is expected to last for around 24 hours, during which LKY mining rewards distribution may be temporarily suspended.Key Points to Note:Hard Fork Timing: January 23, 2025, at 12:00 (UTC)Duration: Approximately 24 hoursMining Rewards: Distribution may be suspended and will resume after the successful completion of the hard fork.Trading Status: Luckycoin (LKY) is not currently listed or available for trading on Binance.com. 

#Luckycoin #LKY #networkmaintenance #Binance #hardfork #miningrewards #cryptocurrency #blockchain
🚀 Bitcoin Network Sees Hashrate Increase Amid Rising Prices

The Bitcoin network's hashrate experienced a 3.4% increase this week, reaching an average of 1039 EH/s. According to NS3.AI, the average Bitcoin price also saw a slight rise of 0.61%, bringing it to approximately $92,872. In a notable development, Ethiopia is considering partnerships to establish Bitcoin mining operations, signaling a significant move in the industry. Furthermore, two independent miners successfully mined a block each, earning rewards of around $300,000.

#Bitcoin #HashrateIncrease #BitcoinPrice #Ethiopia #BitcoinMining #NS3AI #Cryptocurrency #MiningRewards #Blockchain #BTC
🚀 Core Scientific's Q4 Revenue Falls Short Amid Rising Costs and Network Challenges

Core Scientific reported a decline in its fourth-quarter revenue to $79.8 million, falling short of market expectations of $122.08 million and down from $94.93 million in the same period last year. According to NS3.AI, the revenue decrease is attributed to reduced mining rewards following the Bitcoin halving, an increase in the Bitcoin network hashrate, and escalating energy expenses. In response to these challenges, the company is diversifying its operations by expanding into high-performance computing and AI hosting services.

#CoreScientific #Q4Revenue #BitcoinHalving #MiningRewards #EnergyCosts #Hashrate #HighPerformanceComputing #AIHosting #BTC