“Statistics” is a new post category on Dogeconomist, which will include a recurring round-up of some random facts to wrap up the week.
Even though Bitcoin’s deflation is a terrible prospect from a macroeconomic perspective, it could be a good thing when viewed from a microeconomic perspective.
Coin age is a central concept in Proof of Stake (PoS) algorithms. Both PoS and Proof of Stake Velocity (PoSV) are alternatives to the traditional Proof of Work (PoW) mining.
One year ago a single Bitcoin was worth around $ 130. At the start of the year, the value of a Bitcoin had increased to around $ 800, after peaking over more than a thousand in December.
For a long time, DogeHouse was one the biggest mining pools in the Dogecoin network, dedicated to solely mining Dogecoin. The pool officially shut down on April 7, 2014.