Karma Announces Huge Update
Karma (formerly Karmacoin) is switching to X11. Karma (formerly Karmacoin) has been in decline recently, but that may change as developers announced a huge update today on the official Karma forums. This update will fundamentally alter Karma and differentiate it from Dogecoin and Reddcoin, its tipping competitors. Karma Switching to X11 Hashing Algorithm. The first major Karma announcement is a switch to the X11 hashing algorithm. Karma believes a switch from the current Scrypt algorithm to X11 will decentralize Karma mining, increase security, and promote energy efficiency. It is....
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Recently, Karma (formerly Karmacoin) and Karmashares developer Kosmost announced he was leaving the coin and LLC for an indefinite amount of time due to personal attacks from members of the Karma community. Since his announcement, Karma-whose price had already been in decline-has continued to decrease. Can Karma make a comeback? Karma Developer Kosmost Announces Departure. Karma developer Kosmost has left the coin indefinitely. On September 9, Karma developer and Karmashares LLC operator Kosmost announced that he was taking an indefinite hiatus from the Karma community. He stated that he....
GEM Mining announces their BTC production update, including over $8 million in revenue and plans for an additional 14,000 miners to be deployed.
Previously dormant altcoins are suddenly erupting, and it's not very clear why. A rising tide lifts all boats — even those previously thought to be shipwrecked. At least that’s how it looked on March 17 when some previously dormant altcoins erupted back into life, experiencing spikes ranging between 3,000% and 6,500% for the week. Foremost among them was Karma (KARMA), a social media project that originally launched on the EOS blockchain in 2018. Over the past seven days the dollar value of Karma increased 6,530%, as the token climbed from a sub-cent price of $0.000464, up to....
Intuit, which also owns TurboTax, can't hold all the keys to consumer tax software, the DoJ says. Per an announcement and series of filings on Wednesday, the U.S. Department of Justice is calling shenanigans on Intuit's ambitions, at least in part.Intuit owns a stable of user-facing finance software, including budgeting app Mint, digital DIY tax software TurboTax, and QuickBooks, for business accounting. The firm initially announced its acquisition of Credit Karma back in February. By its own account, Intuit was paying $7.1 billion.In its antitrust case released today, the DoJ does not....
Karmacoin was established as a principle-based cryptocurrency that differs in its approach and aim by rewarding and promoting goodwill and positive behavior. And the coin is proving to be a success, recently raising $US 2,500 in 24 hours for the Children in Crisis organization that will go towards food and education for 400 orphans in Kenya. Now, Karmacoin has announced that it will incorporate and issue shares to the community. It has registered itself as the first ever cryptocurrency to launch shares - Karmashares LLC. Members will also have the chance to “do good” by giving a part of....