This week our tech team dedicated most of their efforts to finishing the mining pool deployment and preparing it for launch. Meanwhile, the marketing team continued to improve Jax.Network brand awareness with the help of press releases, ad campaigns, and podcast participation.

https://medium.com/jax-network/jax-network-weekly-update-5138f28b1e54

Feel free to get a 15% discount on tickets to the Mining Disrupt conference, which will take place in Miami, USA already next week. Just follow the link below and the discount will be automatically applied to the ticket purchase.

Don’t hesitate to come to our booth and say hello too! See you on July 26-28 in Miami!

We continue to share the philosophical background underneath the Jax.Network project. This time we will shed light on social inequality and how UBI helps mitigate that.

https://medium.com/jax-network/bringing-equality-via-a-universal-basic-income-program-85dfa1f38bb4

This week part of our team flew to scorchy Miami in order to visit the world’s largest mining conference and promote Bitcoin merged mining. The newly-formed Global Merged Mining Alliance with Syscoin was presented there. We are looking forward to seeing the fruit of the GMMA’s cooperation!

https://medium.com/jax-network/jax-network-weekly-update-e8a4bc466905

The past week was quite productive for us due to the Mining Disrupt conference held in Miami on July 26–28. We managed not only to present our newly-formed Global Merged Mining Alliance (GMMA) with Syscoin but also met brilliant people united by the strong belief in Proof-of-Work and its first implementation — Bitcoin. Read the article to get a full recap of the event.

https://medium.com/jax-network/jax-network-at-mining-disrupt-2022-74c1a2a8b4b9

This week was full of productive meetings with miners, who are interested in merge-mining Bitcoin with our network. Simultaneously, we continue to work on our very own mining pool and have run several tests. Things look pretty good for us now. Let’s keep the good work going!

https://medium.com/jax-network/jax-network-weekly-update-13d5955e5f52

Stablecoins are a tremendous part of the cryptocurrency market, constituting over 16% of the total market capitalization at the moment of writing. However, given the recent Terra meltdown, people treat all stablecoins with extreme caution. Let us shed some light on JAX and explain how we achieve stability in detail.

https://medium.com/jax-network/how-can-jax-coins-have-stable-value-without-a-peg-or-collateral-2b7e4ce64100

We are glad to announce the launch of JaxPool, the first mining pool with negative fees, which is focused on merge-mining Jax.Network with Bitcoin. A lot of work has been done to make this event happen and now we will focus on attracting substantial hashrate to our newly established pool and creating more JAX coins.

https://medium.com/jax-network/jax-network-weekly-update-b14a8475c7a9

This Wednesday, Taras Emelyanenko, CTO of Jax.Network, is going to participate in Be DAO Forum in Vinnytsia, Ukraine, and share the technical details of creating and managing stablecoins. Don’t hesitate to stop by and learn something interesting. You will also be able to ask Taras any question after he finishes the speech.

Merged mining has been around since 2011 but it seems that the global audience still knows very little about it. Let us shed some light on the pros of merged mining and how miners can benefit from merged mining Jax.Network together with Bitcoin.

https://medium.com/jax-network/benefits-of-merged-mining-757a9bcf806f

This week we have been mainly focused on helping potential clients to test the mining pool software and fine-tune the settings. At the same time, we continue to follow up on leads from Mining Disrupt and hold some productive meetings with miners interested in our pool.

https://medium.com/jax-network/jax-network-weekly-update-95b9da53bf2c

We hear people always debating about what’s right and wrong, what’s fair and unfair, and how to treat everybody the way you want them to treat you. Eventually, we created all kinds of rules and laws that need to be followed and a punishment system along with law enforcement bodies to make sure the system works properly. However, humankind is known for its creativity when it comes to bending laws and twisting rules. That’s why it’s important to build a society where everyone is equal in the eyes of Lady Justice.

https://medium.com/jax-network/why-should-ideas-of-justice-and-anti-corruption-be-encouraged-b09b1640570e

We continue to run tests with the miners who would like to join JaxPool. We are also in talks with other miners who have expressed interest in trying out our merge-mining software and benefiting from negative pool fees.

https://medium.com/jax-network/jax-network-weekly-update-4fb5be831b92

The K-coefficient is the key parameter of Jax.Network economics as it regulates the issuance of JAX. It can be described as a conversion coefficient of miners’ work to JAX coins. Although this concept is native to Jax.Network, it could be applied to many other blockchain networks with completely different architectures. This post is an overview of the K-coefficient and related matters.

https://medium.com/jax-network/the-k-coefficient-in-blockchain-networks-91eec8a279e6

This week we have become one step closer to reaching all our goals and making JAX a universal quantification of economic value. Four years ago Jax.Network was just a concept, while it’s a wholesome ecosystem of products and services today. We look forward to another year of achievements, partnerships, and business opportunities!

https://medium.com/jax-network/jax-network-weekly-update-a7d502cb6247

The bear market has been stressful for many, including Bitcoin miners, who are urged to sell most if not all of their BTC supply just to break even. Let’s find out how profitable Bitcoin mining can be during both bull and bear markets as well as how to make extra profit on top of the BTC block reward.

https://medium.com/jax-network/how-profitable-is-bitcoin-mining-4a76a3e9802

We continue to assist Bitcoin miners in testing our merge-mining solution and work on new ways of attracting hashrate to our JaxPool. Thus, we came up with a new offer that helps to mine JXN at a cheaper cost.

https://medium.com/jax-network/jax-network-weekly-update-3ae1b9de8380

A bear market is like an unwanted guest - it always comes without an invitation and eats everything till the last bit of your supplies. But unlike an unwanted guest, you can’t ask the bear market to leave. You need to deal with it. Here’s a list of tips that will help you to get through the bear market.

https://medium.com/jax-network/how-to-get-through-a-bear-market-99cf227ee72

This week, our JaxPool has been testing up to 1,250 Phash/s of hashrate at maximum and around 960 Phash/s of average hashrate per day. To put into perspective, the average hashrate of Bitcoin SV is only 568.87 Phash/s, which is nearly twice lower.

https://medium.com/jax-network/jax-network-weekly-update-d0bb9ebac2d7

Ethereum’s upgrade called “Merge” was a major newsmaker of the previous week. The activity of the Ethereum team has an effect on the cryptocurrency space. So we have decided to leave a comment on our blog about recent developments.

https://medium.com/jax-network/overview-of-the-merge-365f0fab094d