⇗ Crypto Innovations Spotlighted Focus On Gas-Related Developments And Mining Trends
A collection of significant news points has emerged in the realm of cryptocurrency , with a particular focus on the interplay between...
In recent news, Agriculture firm AgriFORCE has ventured into cryptocurrency mining, utilizing natural gas to power up 120 miners. The firm further plans to expand its Bitcoin mining site in Alberta. Other companies are also finding innovative ways to tokenize assets with $75M LatAm Oil, and Gas Deal recently tokenized on the Global Settlement's platform.
Discussions around Ethereum's gas limit continue with validators advocating for an increase. Despite a limited rise in the EU's gas output, Ethereum's average gas fees have dropped by 95% after the Dencun upgrade. Notably, Tron's move to introduce gas-free USDT transactions comes as the TRX price plunges.
An array of companies and platforms are making strides in the crypto market. Coinbase is expanding its Layer 2 system by adding a marketplace linked to gas revenue. In addition, the platform also plans to launch natural gas and Cardano futures. Circle's new Paymaster allows USDC to be used for transaction fees.
Meanwhile, ETH aims to significantly enhance its transaction capacity by raising its gas limit ceiling. Ethereum's appeal is further boosted by MetaMask's new roadmap to support BTC, SOL DeFi, and an end to gas fees. Tron plans to launch a 'Gas Free' feature for Tether USDt, and BNB Chain has updated itself as gas fees surge 400% following meme coin activity.
A research paper proposes that Bitcoin mining could possibly reduce methane emissions and other environment-friendly strategies are on the horizon for crypto mining. Lastly, the crypto-gas market is highly volatile with Ethereum's gas fees dropping significantly, but ETH prices down by 53% since the Dencun upgrade.
GAS Coin News Analytics from Mon, 07 Aug 2017 19:29:39 GMT to Wed, 18 Jun 2025 06:14:10 GMT - Rating 4 - Innovation 7 - Information 8 - Rumor 2
