2 / 2 Relevant items tagged with #BitcoinNetwork
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Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
[Feb 1 9:30 AM] Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the…
Tokenized Real-World Assets: An Appealing Portfolio Diversification Strategy for Modern Investors – Zaid Ismail
[Jan 15 6:30 AM] Despite recently garnering much of the world’s attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof…
Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China
Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges
[Dec 26, 2023 5:30 PM] Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by…
Bitcoin Core's 'v26.0' Upgrade Aims to Impede Eavesdropping, Tampering
[Dec 6, 2023 11:32 AM] The v26.0 upgrade contains experimental support for the v2 transport protocol as defined by Bitcoin Improvement Proposal 324 (BIP324).
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…
Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek
Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
[Oct 11, 2023 9:08 AM] The goal of BitVM is to enable Turing-complete Bitcoin contracts without making the network more complicated for other users.
Another Bitcoin Metric Is About To Reach A New All-Time High Despite The Bear Market
[Aug 28, 2023 10:00 AM] The price of Bitcoin has taken a beating in the past month. The leading cryptocurrency by market cap is down by more than 11% from its price in July and has lost more than $50 billion in market cap since then. While the price plunge has been…
Ordinals still make up majority of Bitcoin txs despite price collapse
[Aug 20, 2023 11:29 PM] Bitcoin Ordinals appear to be alive and kicking, with nearly 85% of Bitcoin network activity dominated by inscriptions and BRC-20 minting on Aug. 21.
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
Bitcoin ETFs Can ‘Act as a Gateway to Crypto for Many’ — Mintlayer CEO Enrico Rubboli
Bitcoin Ordinals: This New BRC Standard Could Reduce Inscription Fees By 90%
[Jul 4, 2023 8:00 PM] Luminex, a Bitcoin Ordinals launchpad, has proposed a new standard called BRC-69, which will allegedly optimize the costs of inscribing on this network. This proposal comes barely a month after Bitcoin Ordinals’ developers introduced recursive…
Bitcoin Transaction Backlog Shrinks, but Over 289,000 Still Await Confirmation
[May 20, 2023 1:30 PM] Although Bitcoin’s network transaction fees have decreased and a portion of the unconfirmed transfer backlog has diminished, the protocol still grapples with over 289,000 transactions awaiting confirmation. As of this writing, more than 218…
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
[May 15, 2023 9:32 PM] Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the…
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
[Apr 20, 2023 12:30 PM] Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase…
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
[Jan 29, 2023 4:30 PM] The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
[Jan 27, 2023 9:00 AM] The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current…
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
[Dec 7, 2022 4:30 PM] United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send…