Mar 15: Cryptocurrency Airdrops

From this article you will learn which cryptocurrency airdrops will occur on March 15 of 2018
06 March 2018   1033

A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distributes ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​get ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. These airdrops required to prove you were the owner of cryptocurrency at a certain time (snapshot) of the blockchain.

From this article you will get to know which cryptocurrency airdrops will occur on March 15 of 2018.

GALA airdrop for ZPT holders

Galaxy is going to launch its own token named Gala, which will be the fuel that drives the whole entertainment ecosystem of Galaxy. To reward the loyal supporters in our community, any ZPT holder will be rewarded with Gala.

GALA airdropGALA airdrop

How to get it:

Until March 15th, anyone who deposits ZPTs to their NEO wallet will receive GALA reward. The first snapshot will be made on March 1st when block height hits 1976445. Ratio between ZPTS and Gala will be disclosed after the first snapshot.

Snapshots will be processed on March 1st and 15th and the amount of ZPTs in NEO wallet will be recorded by snapshots. 

Airdrop FAQ

Our team is continuously updating all the most relevant information regarding all active cryptocurrency airdrops which take place in 2018.

Bear Market to Hit Mining Hard

BitMEX research division presented an analysis of the impact of market decline on the mining industry
11 December 2018   63

The cryptocurrency market has experienced a marked decline over the past weeks. The BitMEX research division presented an analysis of the impact of these events on the mining industry. Bitcoin hash rate has fallen by 31% since the beginning of November, which is equivalent to the capacity of 1.3 million Bitmain S9 devices. From this, BitMEX concludes that miners as a class are in a difficult situation, however, they may have different conditions, and those who pay more for electricity, are forced to turn off their equipment first, while others may still be quite viable.

The decrease in the price of Bitcoin by 45% since the beginning of November has already caused two recalculations of the complexity of mining to the lower side - by 7.4% and 15.1% on November 16 and December 3, respectively. The first recalculation turned out to be the largest since January 2013, the second - since October 2011.

Bitcoin mining revenue fell from $ 13 million per day in early November to $ 6 million per day in early December. The fall in the size of the miner's encouragement turned out to be even more rapid than the fall in the price of cryptocurrency. This is due to the delay in recalculating the complexity of mining. For the six-day period ending December 3, 21.8% fewer blocks were mined than expected, since the miners left the network before recalculating the difficulty. As a result, in addition to reducing the size of the miners' encouragement in dollar terms, due to lower asset prices, they received 21.8% less bitcoin awards.

One of the popular reasons for the recent decline in the cryptocurrency market is that miners sold bitcoins to cover their costs of hash warsin the Bitcoin Cash network. The monitoring platform Boltzmann recorded an unusually large sale of Bitcoin by the miner on November 12, that is, 3 days before the hard fork of Bitcoin Cash.

BitMEX assumes that the actions of miners over the past weeks could have played a significant role in reducing the market, however, recommends not overestimating their value and reminds that in a bearish trend, prices continue to fall regardless of asset movements and news.