[Dec 16, 2023 9:00 AM] After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The…
[Nov 14, 2023 9:22 AM] The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
[Oct 2, 2023 12:00 AM] Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year…
[Sep 6, 2023 12:00 PM] On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height…
[Sep 5, 2023 3:30 AM] Drivechain, a Bitcoin improvement proposal that presents a way of scaling Bitcoin using sidechains, level two blockchains that receive bridged tokens from a parent chain, is generating a loud buzz on social media from supporters and detractors…
[Sep 1, 2023 8:30 AM] While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an…
[Aug 29, 2023 10:30 AM] August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels…
[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…
[Aug 23, 2023 11:30 AM] Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty surged by 6.17%. This fresh peak in Bitcoin’s difficulty sets a new…
[Aug 21, 2023 4:00 AM] Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid…
[Aug 20, 2023 10:30 AM] A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at…
[Aug 17, 2023 2:22 AM] U.K.-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability.
[Aug 14, 2023 8:30 AM] Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These…
[Aug 4, 2023 4:21 AM] Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
[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…
[Jul 31, 2023 11:30 AM] According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees…
[Jul 26, 2023 8:45 AM] Despite mining’s doldrums, miners are prioritizing the inclusion of next-generation mining rigs in their operations to prepare for the next Bitcoin halving.
[Jul 23, 2023 11:30 AM] The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about…
[Jul 22, 2023 1:30 PM] In under 280 days, Bitcoin’s blockchain will undergo its fourth reward halving event, slicing the block subsidy from 6.25 BTC to 3.125 BTC. The crypto community is abuzz with chatter, contemplating how these substantial decreases in block…
[Jul 21, 2023 8:15 AM] Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record.
[Jul 19, 2023 3:34 AM] All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.
[Jul 17, 2023 11:32 AM] In a mere fortnight, the Litecoin network is poised for its third reward halving event, a seismic shift that will slash the LTC miners’ block rewards from 12.5 LTC per block down to 6.25 LTC. Data illustrates an intensified dedication of…
[Jul 17, 2023 2:52 AM] The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said.
[Jul 7, 2023 1:52 AM] Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.
[Jul 6, 2023 11:30 AM] Mawson Infrastructure Group, a publicly-listed bitcoin mining operation, announced on Thursday that it has acquired a new mining site in Bellefonte, Pennsylvania. The company detailed that it has swiftly deployed 2,600 bitcoin miners at the…
[Jul 5, 2023 3:30 PM] Throughout the past week, the Bitcoin blockchain has successfully confirmed over 187,000 unconfirmed transactions, as shown by recent statistics. This has not only reduced a significant portion of the congestion but also led to a decrease in…
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