Ethereum

Litecoin’s Mining Power Tanks to Lowest in Year Following Price Plunge

The new dynamic in the litecoin market offers a lesson in the emerging economics of the fast-growing cryptocurrency and blockchain industry, which relies on networks of computers to confirm and record transactions, using a combination of incentives. Key inputs include the speed and efficiency of the data-mining computers, local electricity costs and even the ambient […]

Crypto News

Slack Stock Tanks 15% After-Hours Amid Wider Q3 Loss Outlook

Slack stock plunged in after-hours trading after it forecast a wider-than-expected Q3 loss. This happened even though Q2 results beat expectations. | Source: REUTERS/Brendan McDermid Slack stock (NYSE: WORK) plunged as much as 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat […]