21 / 36 Relevant items tagged with #BitcoinMining

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Livestream: Bitcoin Mining Changes Forever

[Nov 28, 2023 7:00 AM] Mining has become a heavily centralized industry, not necessarily due to the ownership of actual mining hardware being concentrated, but because of the central dependency on large mining pools to actually coordinate with other miners. This presents…

Bitcoin Mining Difficulty Hits New Record High With 5% Rise

[Nov 26, 2023 1:00 PM] The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is a vital aspect of the network that controls the rate at which new blocks are added to the blockchain at a…

Are Mining Pools Becoming A Problem?

[Nov 21, 2023 12:30 PM] Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable…