Flashbots, a research and development organization backed by Paradigm, is focused on fighting the downside of current miner extractable value (MEV) extraction strategies. And here’s how it adds value to the Ethereum network.DeFi traders’ arbitrage of MEV affects Ethereum transactionsMiner extractable value measures the profit a miner could make through their managing of … [Read more...] about How ‘Flashbots’ fighting MEV extraction help the Ethereum network
extraction
Illegal coal extraction in China spurred Bitcoin mining ban
Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. An estimated 65% of the world’s Bitcoin mining took place in China as of April last year.Climate warriorOfficials of the country said last week they would target and ‘ban’ miners after rising energy and climatic concerns amidst … [Read more...] about Illegal coal extraction in China spurred Bitcoin mining ban