The major mining equipment manufacturers are beginning
to resume their usual activities. The entire mining industry is preparing for
the next Bitcoin halving.
As a consequence of the outbreak of the coronavirus, the upstream and
downstream...
It was reported that
the processing power of the network climbed to 119 TH/s per second. The figure
is nine times higher than the hash rate achieved when BTC was priced at USD
20,000.
Bitcoin's processing...
The Bitcoin hash rate recently fell slightly after the electric operator of Kazakhstan suspended the electricity service. A tense situation with the energy balance in the Asian country forced them to take that measure.
Local news agency Kommersant reported that cryptocurrency miners in Russia are hoarding ASIC devices.
Cryptocurrency miners in Russia appear to be unconcerned by the ongoing crypto mining crisis, as local demand for mining...
In October 2011, the record decrease in mining difficulty was 18%, to remain in 1.20M. On the evening of last March 25th, the difficulty of the Bitcoin network showed its second-biggest fall, after a decrease in...
Skepticism is the most common
position on the possible impact of the halving. Historically, halving events have
coincided with increases in the price of the main cryptocurrency.
The decreasing issuance of Bitcoin (BTC) that
this third...
Financial regulator Erik Thedéen has requested the banning of Bitcoin PoW mining once more. Studies have shown that gold production and the banking system consume more energy than that activity.
The European Union...
The founder of Grayscale Investments has observed
movements for 3 months. China currently controls much of the processing power
of the network.
Barry Silbert, Founder of one of the
world's largest cryptocurrency management companies, said last...
The halving occurred at the height of block 1,680,000
of the Litecoin network. The Litecoin block reward was reduced from 25 to 12.5
LTC for each mined block.
It was reported that the second halving...
Venezuelan police officers reported that they had arrested
two men that had been carrying nine ASIC mining devices. Even though cryptocurrency
mining is legal in the South American country, some cases of police extortion
have occurred.
