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Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether 1 antheral should beryllium capable to power an full societal media network, portion Bitcoin.com News gives you the latest scoop successful the satellite of ETH and BTC mining rigs. To apical it each off, 1 economist predicts that the U.S. cardinal bank’s effect to the nasty ostentation being seen could really beryllium bully for crypto prices. Here’s your bite-sized digest of this week’s hottest crypto news: The Bitcoin.com News Week successful Review.
Jack Dorsey connected Ethereum’s ‘Single Points of Failure’
The net entrepreneur and erstwhile CEO of Twitter, Jack Dorsey, claims if developers are gathering connected Ethereum they person “at slightest one, if not many, azygous points of failure.”
The connection was successful effect to Vitalik Buterin’s commentary concerning Elon Musk moving Twitter.
Today’s Top ETH and BTC Mining Devices Continue to Rake successful Profits
As the crypto system hovers conscionable nether $2 trillion successful value, application-specific integrated circuit (ASIC) mining devices are making decent profits.
While ASIC miners tin inactive excavation ethereum, a 1.5 gigahash (GH/s) Ethash mining instrumentality tin rake successful $51.58 per time successful profits.
Microbt Reveals Latest Bitcoin Mining Rigs
Following Bitmain’s merchandise instauration of 2 caller application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices shaper Microbt has announced the motorboat of 2 caller miners arsenic well.
Revealed during the Bitcoin 22 league successful Miami, Microbt showcased the company’s caller Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per 2nd (TH/s).
Economist: Fed’s Response to Inflation Will Push Crypto Higher
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s effect to ostentation volition origin the prices of cryptocurrencies, similar bitcoin, to “go higher.”
He noted: “That’s what you get erstwhile you’ve waited excessively agelong to admit what ostentation is and to instrumentality action.”
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