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Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
18.6.2022
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return develop the digital infrastructure at the oil producer’s wells in Russia. Crypto Mining...
Russia seems to be preparing to mine Bitcoin with flare gas
17.6.2022
One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining
OpenSea Claims Users Can Save 35% in Gas Cost Following Migration to Seaport
15.6.2022
OpenSea, the world's largest non-fungible token (NFT) marketplace in terms of trading volume, has announced a major migration which they say will enable users to save "an estimated 35%" in gas fees going forward.
The marketplace is migrating to a new Web 3 marketplace protocol called Seaport...
OpenSea announces migration to Seaport protocol
14.6.2022
The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency
Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency
9.6.2022
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat...
$72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees
8.6.2022
The use of a Dutch auction on its own chain may be two major factors that contributed to the sale’s success in selling out the Land plots and keeping gas fees low
SwissBorg, towards mass crypto adoption… without the gas fees!
3.6.2022
Swissborg has a very large French user base, over 170 000 users. It’s the reason why French was the first language we translated our app to, because we understand the importance of making investment decisions in your own language.
Our team also has several French members like our founder Cyrus...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
3.6.2022
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance
US energy company opens crypto mining facility in Middle East to use stranded natural gas
2.6.2022
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022
First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop
31.5.2022
Crypto analysts are starting to ask if the market is finding a bottom after the latest downdraft
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections
22.5.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested in discussing crypto” when his approval ratings have sunk to record lows. O’Leary...
Ethereum’s popularity 'a double-edged sword’ — a16z's State of Crypto Report
18.5.2022
“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
US and EU Look to Blockchain to Track Greenhouse Gas Emissions
16.5.2022
Will the Ethereum 2.0 update reduce high gas fees?
14.5.2022
Ethereum’s gas fees have long been an issue among its users. Will Ethereum 2.0 finally eliminate this problem?
Crypto donations fund ATVs and gas masks for Ukrainian military
13.5.2022
Ukraine's ministry of digital transformation has utilized cryptocurrency, nonfungible tokens, and even CryptoPunks in an effort to fund its military and humanitarian aid
BOBA Token Can Now Be Used to Pay Gas Fees
12.5.2022
The BobaDAO proposed a governance protocol to allow gas fee payments in BOBA tokens earlier in April. As surprising as it may seem, the decision got a whopping million BOBAs voting in favor of it while not a single vote was cast against it. Now, the network has moved forward with the decision after...
Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?
10.5.2022
MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta