ChainCatcher message, the Solana mining project ORE officially announced the upgrade to Steel v2 on X. According to the GitHub documentation, Steel is a new Solana smart contract framework that provides helper functions, macros, and a library of code patterns for building secure and maintainable smart contracts on the Solana blockchain.In addition, the upgrade window from v1 to v2 has now closed, with over 75% of eligible tokens choosing to upgrade, which the officials consider a sign of the successful hard fork.

ChainCatcher news, Bitcoin mining facility provider Revolve Labs recently announced the withdrawal of its application to build a Bitcoin mining site in the outskirts of Windom, Minnesota. This decision stems from local residents' concerns about noise pollution and its impact on property values.The project was originally expected to bring in $35,000 per month in service fee revenue for the town and was anticipated to stabilize electricity costs over the next three years. However, despite Revolve Labs' assurances that it could control potential noise pollution, residents' concerns remain unresolved.

ChainCatcher news, according to official sources, the mining project Ore v2 on the Solana chain has been launched, with a maximum supply cap of 21 million ORE.It is reported that ORE is a mineable token, deployed on Solana on April 2, providing an opportunity for those who deposit SOL into the smart contract to earn a protocol reward of 1 ORE per minute by correctly solving cryptographic puzzles similar to proof-of-work operations.

ChainCatcher news, the Solana chain mining project ORE announced on X that it will resume mining on August 6 at 8:00, marking the final phase of the ORE v2 launch.According to the Web3 asset data platform RootData, Ore is a digital currency that users can mine anywhere, at home, or via mobile phone. Ore uses a novel mining protocol designed for fair token distribution, which does not subject every miner to a winner-takes-all competition, but instead provides each miner with their own personalized computational challenge.

ChainCatcher news, the founder of the mining project Ore on the Solana chain, Hardhat Chad, announced the ORE v2 version update. The main changes include:Removal of the admin variable, replaced with open-source algorithm management;Total supply limited to 21 million, expected to be mined by 2064;Introduction of a staking mechanism, with up to 2x mining rewards;Adoption of a CPU-friendly hash function;Optimization of anti-witch attack strategies;Upgrade of the client, which will support more devices in the future;Smart contracts can be upgraded in the early stages, but will be permanently frozen later;v1 tokens can be exchanged for the new ORE at a 1:1 ratio within 3 months;The new version will be launched in three phases: upgrading v1 metadata, activating token upgrades, and restarting mining. This update aims to enhance the project's decentralization and user participation.

ChainCatcher news, the anonymous creator of the mining project Ore on the Solana chain, Hardhat Chad, has posted updates about ORE v2 on social media, stating that the total maximum supply of ORE will be 21 million tokens. After considering a large amount of feedback from the community, he decided to introduce a supply cap for ORE in the v2 contract. This limitation will introduce a fixed level of scarcity for ORE and provide stronger inflation protection for token holders.The team is currently in the final stages of the v2 audit and is preparing to release the client software. Chad added that a complete announcement detailing all major changes will be released soon to allow ample preparation time before the v2 contract goes into effect.

ChainCatcher message, official data shows that currently, Binance's 54th new coin mining project Notcoin has deposited 18,154,968.9175 BNB and 2,725,003,522.6819 FDUSD.Note: Binance will launch Notcoin (NOT) on May 16, 2024, at 20:00 (UTC+8), and will open trading markets for NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY, applicable to seed label trading rules.

ChainCatcher news, according to official data, Binance's new coin mining phase 53 project Renzo (REZ) has deposited over 18.03 million BNB and over 3.1 billion FDUSD. There are 5 days, 16 hours, and more than 50 minutes left until the mining ends.In previous news, Binance will launch REZ on April 30, 2024, at 20:00 (Beijing time).

ChainCatcher news, Bitget launches the first phase of the recharge mining project Fusionist (ACE), no staking required, participate in recharge to start mining, and share a daily mining reward of 5,000 BGB. The event runs from December 13, 15:00 (UTC+8) to December 20, 23:59 (UTC+8).

ChainCatcher news, Binance announced the launch of the new Launchpool project Maverick Protocol (MAV). Users can stake BNB and TUSD in the MAV mining pool on the Launchpad website starting from June 14, 2023, at 08:00 to earn MAV rewards. A total of 25 days of MAV will be available for mining.Once the liquidity of the MAV Token meets the requirements, Binance will open trading markets for MAV/BTC, MAV/USDT, and MAV/TUSD. The exact date and time will be announced once confirmed. (Source link）