Bitlayer Launchpad Reg

Odaily Planet Daily News BNB Chain updates its DappBay high-risk DApp Red Alarm project list. Recently added projects to the list include Hector Network, DEESSE, Grindery Wallet, Gamma Prime, GoMining, Metaforges.

Editor: Zen, PANews From Polkadot to Polygon, the entrepreneurial path of industry veteran Charlie Hu spans almost the entire key period of blockchain infrastructure development over the past decade. As an early participant in the Polkadot ecosystem and a pioneer in the Asia-Pacific region for Polygon, he has not only accumulated profound technical and ecological experience but also keenly captured the explosive opportunity in the Bitcoin ecosystem in 2023. Based on his in-depth understanding and engineering practice of BitVM technology, he joined forces with tech geek Kevin.

Bitcoin mining difficulty reached a record high of 129.7 trillion on August 22, increasing by 0.2%. The hashrate stands at 945 EH/s, with major mining pools controlling 60% of the network's power. Increased mining profitability coincides with a recovery in Bitcoin's value above $115,000.

The GoMining report forecasts a new wave of institutional investment in Bitcoin mining due to competition for cheap energy between miners and AI data centers. While AI centers offer higher prices for energy infrastructure, miners retain the advantage of flexibility in site location. Institutions are increasingly exploring mining "virgin" bitcoins as a way to acquire crypto at lower costs. Additionally, some mining firms are diversifying into AI-related ventures.

The Bitcoin network is expanding on an industrial scale, with power-hungry mining rigs driving energy consumption to unprecedented highs even as the flow of transactions slows to a trickle. Yet, the network seems to be under tension as rising hashrate and infrastructure collide with weak fee