Vitalik Buterin has proposed a `16.7M gas cap` on Ethereum to control transaction bloat. Meanwhile, the agriculture sector is also exploring opportunities in the crypto sphere by powering 120 crypto miners with natural gas. The cryptocurrency Ethereum is also implementing a `gas cap` to control transaction costs.
AgriFORCE has launched new gas-powered bitcoin mining sites, and
Coinbase has introduced a Layer-2 System Base that links energy markets to gas revenue.
The farming company plans to expand its mining operation to 1 EH/s. Ethereum validators have suggested a further increase in gas limit while the Ethereum core developers have tested a `4x increase` in `gas limit` for Fusaka hard fork. Additionally,
Tron (TRX) is aiming to eliminate gas fees for USDT transactions, further diversifying the crypto market.
`Gas fees`, a significant cause for concern among crypto traders, have dropped by `95%` since the
Dencun Upgrade one year ago. This drop represents a bullish signal as per the analyst's view. Over 50% of the Ethereum validators have signaled to increase the gas limit, a measure expected to increase transaction efficiency.
MetaMask has a new plan to eliminate gas fees altogether by supporting BTC and SOL DeFi. The platform has rolled out its Gas Station feature aimed at enhancing Defi transactions. In parallel, Circle has unveiled Paymaster to allow USDC Stablecoin to be used for gas fee payments. Ethereum story remains interesting as it maneuvers the cryptocurrency landscape.
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