[Feb 21 3:51 PM] Bitcoin Magazine FPPS Is Not A Free Lunch For Bitcoin Miners Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the…
[May 3, 2024 7:31 AM] On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the record…
[Mar 4, 2024 5:00 PM] During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message…
[Nov 29, 2023 11:39 AM] The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network.
[Nov 27, 2023 9:25 AM] Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims…
[Jun 29, 2023 8:00 AM] On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June…
[Jun 14, 2023 8:00 AM] On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high…
[May 2, 2023 10:00 AM] While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of…
[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…
[Apr 9, 2023 3:00 PM] On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far…
[Apr 6, 2023 6:12 PM] The largest mining pool by hash rate share will no longer offer its services for free, according to a notice sent to clients. Foundry, the Bitcoin mining arm of Digital Currency Group, will stop providing its services for free, according to a…
[Feb 12, 2023 3:00 PM] Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB…
[Feb 4, 2023 3:00 PM] The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster…
[Feb 2, 2023 9:30 AM] Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the…
[Jan 30, 2023 8:30 AM] Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second…
[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…
[Jan 12, 2023 11:00 AM] Bitcoin’s mining difficulty, the measure of how difficult it is to find a new block and add it to the blockchain, is set to increase significantly on Jan. 15, 2023, according to current estimates. At the time of writing, Bitcoin’s…
[Dec 27, 2022 9:00 AM] A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined…
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