StakeCube in Numbers
This week Bitcoin lost even more ground only finding some sort of bottom today at around $54,000. Some sources say that there was a huge volume of option expirations today and bears had to push the price down to avoid losses. Another likely reason was the general market crash caused by fear of the new Covid variant spreading outside South Africa. This crash has affected all sorts of assets, including stocks, currencies and precious metals. Hopefully markets will stop correcting soon, allowing prices to stabilize. However, even if they don’t there is no reason to panic. As ever with Crypto it helps to ignore short-term price action and maintain a long-term mindset. SCC also corrected, but managed to keep a similar Bitcoin value of around 2,000 Satoshi. Mining returns have continued to go down as well, affected by the fall in Bitcoin price.
Note: For the daily mining figure I have used the last day we had without power cuts or other issues.
- User Count: 128,409 +0.47%
- Pool Value: 592.98 BTC +1.38%
- Daily BTC Mined: 0.072 BTC -20.00%
- SCC Price: $1.04 -11.11%
- SCC Market Cap: $10,340,000 -10.53%
- Daily Exchange Volume $108,665 -26.72%
- Alexa Rank 19,096 -800
Not many coins escaped the crash this week, but somehow both Decentraland and Birake made the top 5 again. This is the third consecutive week for Birake. Flits also recovered somewhat after the recent announcement regarding their v5 release.
These were the top 5 gainers for this week:
Top 5 Gainers
- POLIS +23.3%
- MANA +15.7%
- FLS +15.7%
- BIR +8.2%
Rules on NFTs and Verification Process
Many of you have asked what procedure to follow in order to have your collections verified, and what kind of materials are allowed. To help clarify these issues, we have published the following document:
In it we explain what kinds of materials are allowed, and what are the requirements and process to verify a collection.
MetaBrands 1000 SCC Giveaway
MetaBrands announced this week the official partnership they have established with StakeCube.net
You can read the official announcement here:
To express their gratitude and excitement towards our community, MetaBrands will be giving away 1,000 SCC! As these are enough to start a masternode, the giveaway also includes a full year of hosting for the masternode on StakeCube.net
If you want to participate in the giveaway and have a chance to earn the 1,000 SCC, follow the instructions you’ll find here:
🧙Good Luck, Mages!
Last week we held an exciting Rocket League tournament with the help of Flex4eSports:
Thanks to them, this tournament was a big improvement on previous ones in production quality. Our casters also did an outstanding job guiding and commentating through the matches:
A big thanks to all participating teams and congratulations to team Vampi that took first place!
Second place was for Kalas with ATVINTA getting third.
This last weekend the eSports team together with Prime Academy made a closed tournament for Axie Infinity. This was the first Axie tournament we have arranged so far, and it was a great success. Now we feel more confident to host open tournaments, which allow everyone to participate.
For anyone interested in an Axie scholarship spot, we have opened an application channel over at our StakeCube eSports Discord server:
We invite you all to apply!
Meatec Power Outage
Yesterday there was a new power outage that affected our miners for a few hours. The miners are online again, but there were no rewards generated during the downtime.
Meatec AMA Concludes
The AMA has concluded and we have gathered many questions for Meatec from our community. Most of them were related to the recent technical issues that have caused a decrease in mining rewards. Another popular question was regarding the damaged miners that are in need of repairs. Our community managers will now select these questions and send them to Meatec so that they can work on answering them.
Thank you all for participating, as soon as we have the answers we will make them public.
Mining rewards have continued to fall this week, leading to some frustration on the part of our users. While a lot could be attributed to issues with our provider Meatec, there was definitely influence from mining difficulty and mainly the Bitcoin price crash.
These are some statistics for MineCube as of today:
- 438 users with at least 100% recovered
- 173 average workers per user
- Highest recovery rate: 129.6%
- $2.21 million worth of workers sold
And these are some statistics relevant to the mining of Bitcoin:
- Hashpower: 159.09m TH/s -4.82%
- Difficulty: 22.674t +2.11%
- Bitcoin Price: $54,255 -4.7%
- StakeCube Hashpower: 1,776.0 TH/s
ULG has been put into maintenance, as the wallets are constantly getting stuck and it has become impractical to keep them running. We have contacted the ULG team and hope to have this resolved soon.
This week we opened to the public a Statistics page for the NFT Marketplace. You will find it here:
These statistics help visualize what the most popular NFTs and collections are, with interesting data such as floor prices and volume figures. Additionally, the activity tag shows what NFTs have been last bought and at what prices.
Wallet Maintenance News
We updated the following wallets:
Previous version: 18.104.22.168
New version: 22.214.171.124
A server change was also performed.
Previous version: 126.96.36.199
New version: 188.8.131.52
Previous version: 184.108.40.206
New version: 220.127.116.11
Please read the following information regarding the security of your account and funds:
The StakeCube.net team will:
- Never contact you first
- Never ask you to send them or move coins to some other address
- Never ask you for remote access or to install any third party software
- Never ask you for your password or 2FA codes
- Never provide support using direct messages
If you observe any of these listed behaviors, someone is trying to steal money from you. This applies to all of our social media channels. Our team will post official messages in the appropriate channels, and we only offer support through our ticket system on Discord.
Please, also take into account the following measures to keep your account secure:
- Enable 2FA in the account settings
- Enable IP verification in the account settings
- Use a strong password
- Change the password regularly
- Never share your password with others
- Never allow remote access to your devices
- If you require assistance, use only the official channels
- Download software only from verified sources
SCP Wallet is now signed with JSKitty’s public PGP key. This allows users to verify that the wallet has been cryptographically signed and approved by him. Even if our GitHub is compromised, the downloads are still safe as long as the PGP verification confirms that the files have not been tampered with. If you download SCP, please verify the binary against our developer’s public key: