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WordPress content can now be timestamped on Ethereum

Published

2 Monaten ago

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A plugin for the WordPress web publishing platform now enables users to timestamp content on the Ethereum blockchain.

The plugin can help with copyright issues, proof of who created a piece of content, and to reassure readers it has not been altered. WordPress currently powers around 37% of all websites and has a 60% share of the CMS market.

Amsterdam-based WordProof made the announcement at the London BlockDown 2020 3D virtual blockchain conference on October 22.

Timestamping is important because it provides a unique fingerprint, or hash, for the latest version of the content which has been added to the blockchain. This provides proof that the owner of the content created it, and it has not been edited or tampered with. Additionally, the website has proof of publishing time, which can be used for potential copyright conflicts.

Head of Product at WordProof, Jelle van der Schoot, stated the company’s vision is to be the most user-friendly timestamping tool for use across all content management systems and e-commerce platforms. WordProof also supports EOS and Telos.

“Adding support for Ethereum marks an important step towards achieving this goal, so we’re excited to welcome the Ethereum community!”

Crypto is increasingly being integrated into WordPress. In April 2020 a blockchain startup incubator called Draper Goren Holm, unveiled the first DEX plugin for the CMS platform. The plugin allows website owners to feature a built in DEX that allows users to exchange between crypto tokens and stablecoins.

The official WordPress site itself already has three pages of plugins categorized as crypto. The most popular include a crypto payments portal with over 10,000 active installations, and a crypto price ticker widget with over 7,000 active installations.



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Ethereum

Crypto enthusiasts could make $122K per year mining Ethereum with this setup

Published

14 Minuten ago

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Dezember 29, 2020

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Simon Byrne has taken at-home crypto mining to a whole new level as he looks to capitalize on Ethereum’s (ETH) enormous price potential. 

As first reported by Anthony Garreffa, Byrne has set up an ETH mining rig consisting of 78 GeForce RTX 3080 graphics cards. Although the RTX 3080 is marketed toward high-end PC gamers, crypto miners are using these powerful specs to enhance their capabilities.

With each card using roughly 300W of power, Byrne’s setup uses 23.4KW of energy. And that doesn’t even factor in associated costs like AC. All said, his electricity bill is estimated to run up to around $2,166 per month.

The RTX 3080 launched in September at a price of $699, but supply shortages have caused the per-unit cost to swell to $1,199. At the shortage price, that’s a price tag of $93,522 for Byrne’s setup.

Still, these costs could be offset by the operation’s mining capability. One GeForce RTX 3080 graphic card has a hash rate of around 83MH/s using Ethash, which should generate roughly 0.22236870 ETH per month, according to Garreffa. All 78 cards would therefore generate 17.3 ETH per month, which is equivalent to around $12,352 at today’s prices.

Stripping away the electricity costs, that’s roughly $10,200 per month or $122,000 per year. And that’s not factoring in Ethereum’s price potential during the next bull market.

Ether’s price zipped past $700 over the weekend, the first such move since mid-2018. The return of altseason, as some have predicted, could send ETH’s price even higher over the medium term as investors cycle from Bitcoin to other large-cap cryptocurrencies.