Hive hat mit seinem Ethereum-Mining in der Vergangenheit im Vergleich zu seinem Bitcoin-Mining drei bis viermal so viel verdient.
Why is Helium up by more than 7% on Wednesday?
Helium has emerged as the best-performing cryptocurrency amongst the top 100 coins by market cap on Wednesday.
HNT, the native coin of the Helium blockchain, is the best performer amongst the top 100 cryptocurrencies by market cap today. Helium’s performance comes despite the broader crypto market underperforming in the last 24 hours.
The broader cryptocurrency market is trading in the red zone after starting the week positively. The total cryptocurrency market cap is now around $941 billion, down by more than 5% so far today.
Bitcoin has once again dropped below $19k and is currently trading at $18,790, down by more than 5% in the last 24 hours.
Ether, the second-largest cryptocurrency by market cap, is also down by more than 8% in the last 24 hours and is currently trading at $1,520 per coin.
Although HNT is the best performer amongst the top 100 cryptocurrencies by market cap today, there is no apparent catalyst behind this move. Despite HNT’s ongoing positive performance, the coin has lost more than 27% of its value in the last seven days.
Key levels to watch
The HNT/USD 4-hour chart remains bearish despite Helium outperforming the market in the last 24 hours. HNT’s technical indicators show that the coin is recovering from its recent slump.
The MACD line dropped into the negative zone on August 25th and continues to remain there. Despite HNT’s positive performance, the MACD line is still within the negative region, indicating that the bears have not relinquished control.
The 14-day relative strength index of 49 shows that HNT is no longer in the oversold region. HNT would need to rally higher to enter the overbought territory over the next few days and weeks.
At press time, HNT is trading at $4.028 per coin. If the recovery continues, HNT could surge past the $4.470 resistance level before the end of the day.
However, HNT would need the support of the broader market to move past the second major resistance point at $5.017.
The bears are still around and could drag HNT below the $3.7771 support level over the next few hours.
The post Why is Helium up by more than 7% on Wednesday? appeared first on CoinJournal.
CEO von White Rock Management: Ethereum Merge wird bei anderen Coins zu „Überschwemmung“ mit Minern führen
Der Ethereum Merge könnte viele Krypto-Miner dazu zwingen, aufzugeben und ihre teuren Mining-Geräte zu verkaufen.
Ethereum Merge: Drei Dinge, auf die man achten sollte
Der Ethereum Merge rückt immer näher. Leute, die Investitionen haben, sollten drei wichtige Daten im Auge behalten.
Crypto mining pool Poolin halts BTC and ETH withdrawals due to “liquidity issues”
Cryptocurrency mining pool Poolin has announced it will halt Bitcoin (BTC) and Ether (ETH) withdrawals from its wallet service.
In the announcement, Poolin said:
“We are here to let you know the withdrawal options of Pool Account and Poolin Wallet are deactivated while setting payout wallet addresses. That is, you will only be allowed to set external wallet addresses and all the payout will be regularly made per day.”
Poolin is temporarily halting the withdrawals because of “liquidity issues” due to the recently increased withdrawals.
When will the withdrawals resume?
Poolin’s support noted in its Telegram channel that it was impossible to give the exact time when normal operations will resume through it said it might not be long. The mining pool’s help page had, however, indicated that the resumption plans would be announced in two weeks’ time.
The note on Telegram stated:
“Please be assured, all user assets are safe, and the company’s net worth is positive. We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances. The daily mined coins after September 6th will be normally paid out per day. Other coins are not affected.”
Poolin mining pool
Poolin is a mining pool headquartered in China. It was founded in 2017 and it is the fourth largest crypto mining pool in the world. The other three largest mining pools are Foundry USA, AntPool, and F2Pool.
Poolin has mined approximately 10.8% of Bitcoin blocks in the past 12 months.
The post Crypto mining pool Poolin halts BTC and ETH withdrawals due to “liquidity issues” appeared first on CoinJournal.