Category: Phoenix

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Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community

The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be…
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Bitcoin Lightning Network is growing, but 3 major challenges remain

The Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adoption. The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating…
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Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market

Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply chains. In fact, after the pandemic, America’s housing market boomed…
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