Bitcoin Cash was created through a hard fork in the Bitcoin Blockchain. A hard fork refers to a significant change in a blockchain network. It is a radical update that splits a cryptocurrency into two. After the split, one cryptocurrency follows the protocols of the old blockchain, and the other follows a new set of protocols. This is what happened with Bitcoin in 2017, leading to the formation of Bitcoin Cash.

Elon Musk’s investment in Twitter came just in time to kick off a trend reversal for Doge. It could also unlock the potential for the meme coin to leapfrog back to its price of $0.37, which was observed in June 2021. That’s ~130 percent above the current price of $0.163.

As per data from the Cambridge Bitcoin Electricity Consumption Index, the average annual global power consumption of the Bitcoin mining industry was around 15.92 gigawatts (GW). Using this data and by mapping-out all the Norwegian mining outfits, Arcane was able to identify 120-megawatts worth of active Bitcoin mining coming from Norway alone. That's equivalent to 0.75 percent of the total Bitcoin mining hashrate.

Web 3.0 is touted to be very different from its predecessors and offers a whole new level of innovation and interactivity