The Bitcoin DeFi space presents a fascinating paradox: while Bitcoin mining activity is on the rise, the Total Value Locked (TVL) in Bitcoin DeFi protocols is experiencing a decline. This divergence leads one to ask health and sustainability questions about the Bitcoin DeFi ecosystem and where it’s headed. This piece...
So, Rootstock's mining participation is "surging." Cut to now, and everyone from Foundry to SpiderPool is all in, hash power is allegedly through the roof, transaction fees are way down. Sounds like a party, right? Wrong. This isn't the Bitcoin DeFi revolution we were promised; it's a cleverly disguised consolidation...
Rootstock, a Bitcoin layer-2 network to allow for Ethereum-like functionality, had a rough first quarter of 2025. Today, the platform is enjoying an incredible jump in merged mining on-platform with an all-time high of 81% merged mined. Yet its Bitcoin-denominated Total Value Locked (TVL) dropped by 7.2%. Its US dollar-denominated...
Okay, let's be real. We’re not surprised to be reading headlines about Rootstock’s mining explosion, participation in the network reaching unprecedented levels, hash power going through the roof. Sounds like a party, right? A mining party! So is this the real deal, or just another crypto FOMO-flavored party? It looks...
