All About BTC, LTC, ETH mining as well as other alternative crypto currencies
The Bitcoin exchange rate has jumped significantly going all the way up to $500 USD on many EU and US-based exchanges and skyrocketing even higher on some Asian exchanges. The jump seems to be caused mostly the Chinese BTC markets driving the price up as as the national currency apparently suffers another devaluation and people are moving to investing their money in Bitcoins. The side effect from this jump in BTC exchange rate however is the drop in price for many altcoins that might suffer loosing some of their value, but it might be just temporary. This creates a good opportunity for profiting by doing some arbitrage trading between different exchanges and buying the right altcoins at the right price, it is risky, but might result in a good profit later on. Another thing that might be influencing the recent uptrend in the BTC price on exchanges is the upcoming block reward halving that should hit in about a month and a half around the start on July. So be smart and do trades carefully during this turbulent moment…
The main Decred (DCR) staking pool hasn’t been accepting new registrations for quite a while, but now more staking pools are expected to soon be available. The first from the new wave of DCR staking pools is from Stakeminer that is already running on the mainnet with a few more still on the testnet that should soon also become available of the main Decred network. The Decred Stake Pool from Stakeminer is currently running up with a 7.5% fee, but it will probably get lower once more pools are available and DCR holders have more options for staking without having to run their wallet 24/7 locally. So you can check out the new Decred staking pool that is taking new registrations now and stay tuned for more pools that should be coming online pretty soon.
Update: There are now two more DCR staking pools online now, http://stakepool.eu and https://dcr.stakepool.net both running with a
7% 5% fee. There is also yet another staking pool available now also with the lower 5% fee – http://pool.d3c.red and now there is yet another one online with 5% fee – https://stakepool.dcrstats.com.
It is not even a year since the mining of Ethereum’s Ether (ETH) coins has started and due to the short block time and the huge user interest the total size of the blockchain data of Ethereum has already grown huge and continues to grow rapidly. The current size of the Ethereum blockchain data files is already over 16 GB and just about two months ago it was a bit over 9 GB. With the increasing demands for storage to host the full blockchain data as a part of a local wallet or a full network node more users might be switching to online wallets and other services that do not require the user to have a local copy of the data files such as exchanges for example. With more users getting into Ethereum the number of transactions on the network is also growing and by the time when the switch from PoW to PoS phase happens we could even have Ethereum’s blockchain size getting close to that of Bitcoin. If you look only at ETH alone even 20 GB might not be that much, but if you have a local Bitcoin wallet as well as a few other crypto wallets installed on a PC with the full blockchain stored locally you might even start experiencing issues with available free space and things will only get worse with the fast increase of the size of the blockchain data.