Public blockchain Kadena launches $100M Web3 grant program

Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol.  The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible token […]

Report crowns Solana for using least energy per transaction, but there's a catch

Solana (SOL), one of the most active proof-of-stake (PoS) blockchains, appears to be a PoS protocol consuming the lowest amount of electricity per transaction, according to a new report. The Crypto Carbon Ratings Institute (CCRI), a research startup focused on the environmental impact of cryptocurrencies, released on Wednesday a new report calculating the electricity consumption […]

Individual ETH miner hits jackpot with $540K block reward

An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000.  The miner was operating through the 2miners Ethereum SOLO pool on Jan. 17 when they mined an entire block and received 168 ETH. That reward vastly outstrips the per-block average reward of […]