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Bitcoin miner solves block alone, grabs $180,000 reward

[Sep 11 3:23 AM] A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain.

Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000

[Jun 26 4:00 PM] A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top…

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

[Jun 18 5:30 AM] In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…

Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC

[May 9 8:11 PM] Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned.

Pantera Capital Predicts Bitcoin to Skyrocket to $148,000 Post-2024 Halving

[Aug 24, 2023 11:30 AM] In a recent “Blockchain Letter” to investors, published on August 22, Pantera Capital — a venture capital firm headed by Dan Morehead — has projected that the price of bitcoin (BTC) could soar to $147,843 per coin…

Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review

[Aug 20, 2023 6:30 AM] Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC…

Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%

[Aug 2, 2023 11:30 AM] The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data…

US Second in World by Debt per Citizen, Rare Bitcoin Block Reward Awakens, BRICS Summit Invites — Week in Review

[Jul 30, 2023 5:30 AM] A recent study has shown that Singapore, the U.S., and Japan rank highest in the world by debt per citizen, according to United Nations data. In other news, a rare 2010 Bitcoin block reward has awakened after 13 years of dormancy, and the BRICS…

Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards

[Jul 7, 2023 1:30 PM] As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take…

Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions Remain Unconfirmed

[May 8, 2023 8:30 AM] Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed…

Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

[Mar 5, 2023 12:30 PM] Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past…

Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging

[Jan 15, 2023 8:30 PM] Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion…

Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies

[Jan 12, 2023 1:00 PM] In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin’s…

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021

[Jan 2, 2023 12:30 PM] In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from…

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions

[Dec 14, 2022 8:00 PM] At the end of November, an unknown person signed a signature tied to an extremely old block reward mined on Jan. 19, 2009, and the user published a message and verified signature linked to the reward on the forum bitcointalk.org. The message was…

An Unknown Individual Signed a Message Associated With BTC Block 1,018, Reward Was Minted 16 Days After Satoshi Launched Bitcoin

[Dec 3, 2022 12:30 PM] On Nov. 15, 2022, a post was created on the forum website bitcointalk.org and the thread’s creator asked people to share signatures tied to some of their oldest mined bitcoin blocks. 11 days later, a newly created bitcointalk.org profile…