Monero

Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called Minexmr as they believe the operation threatens decentralization. A Single Monero Mining Pool Commands 44% of the Network’s Hashrate, Monero Community Members Debate Issue, Pool Admin Addresses Concerns At the time of writing, according to statistics stemming from the web page… Source link

advertisement Monero mining pool MineXMR now controls 44% of the privacy coin’s hash rate, a position that some think carries potential risks for the network’s security. MineXMR, the largest Monero mining pool, is relatively close to controlling more than half of the network’s hash rate. If it were to reach such a level, it would theoretically be able to carry out a 51% attack. A 51% attack is when one entity holds over half of the hashing power of a blockchain network, a position… Source link

One of the leaders of the privacy coin sector, the price of Monero has taken a beating on the charts. A few months ago, Kraken had to delist Monero due to regulatory compliance reasons in the UK. News such as these could deflate investor confidence in the coin. At the time of writing, the coin was trading at an area of supply at $180- but bulls might be forced to retreat once more. XMR- 12H Source: XMR/USDT on TradingView In May 2021, the price of Monero shot to $519 per coin, but since… Source link

News Home Friday, February 11, 2022 04:44 PM | InvestorsObserver Analysts InvestorsObserver gives Monero an average long-term technical score of 59 from its… Source link

Place/Date: – February 10th, 2022 at 11:04 pm UTC · 3 min read Source: Loopring (LRC), Monero (XMR) and HUH Token (HUH) will join the rest of the cryptocurrency market in an optimistic outlook for the future of crypto. The worldwide stance on cryptocurrency is consistently changing, and recently some positive news, among other factors, could have led to an increase in the price of many cryptocurrencies. India recently shared some clarification on the rules regarding cryptocurrency… Source link

Monero Classic (XMC) gets a very bullish rating from InvestorsObserver Thursday. The coin is up 0.79% to $0.2250256208 while the broader crypto market is down 2.29%. Monero Classic has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Very Bullish Over the last five days, Monero Classic has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The… Source link

Privacy coin Monero (XMR) usually spends its time in the shadows, which is exactly the way its community likes it. Till date, it is still impossible to penetrate the privacy that the digital asset offers, making it the go-to choice for investors who are trying to keep their crypto transactions and holdings a secret. Recently though, the cryptocurrency is breaking out onto the radars of more investors as it shatters an important milestone. As more crypto users are discovering their… Source link

Source: CoinMarketCap Over the past couple of years, the crypto industry has been able to dominate the entire global payment system and has had a surge in its overall growth and popularity recently. Not just that, the crypto world has successfully managed to make a name for itself in the global marketplace and has marketed its presence worldwide, thus helping it to reach greater heights! Having said that, I believe, most of you are already familiar with the basics of the industry but, if for… Source link

Source: Adobe/milkovasa   The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers of crypto mining widgets. As reported in January, the case dates back to 2017 and involved a Yokohama-based music site… Source link

Monero (XMR) gets a very bullish rating from InvestorsObserver Friday. The Digital Money asset is up 11.12% to $157.88 while the broader crypto market is up 3.85%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero… Source link