Thursday, April 25, 2024
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...
At the current price of BCH, the total investment would be around USD 6,000,000. The funds will be managed by a Hong Kong-based corporation. The leading Bitcoin Cash mining groups (pools) approved the implementation of...
Bitcoin still maintains a significant share of PoW mining rewards, at a level that exceeds 80%. The rewards received by Bitcoin miners constitute an important part of the salaries paid through the main proof-of-work (PoW) chains....
Mining farms in the USA have recently acquired a batch of the latest generation Bitmain miners. The disappearance of a pattern in the Bitcoin nonce points to the disconnection of Antminer S9 machines. The third...
The hard fork occurred at the height of block 9,573,000 during the early hours of Sunday, January 12th. After the fork, the hash rate remained stable at 12 EH/s. As announced, Ethereum Classic’s hard fork...
The third Bitcoin halving will reduce the reward per mined block from 12.5 BTC to 6.25 BTC. Miners’ profits depend mostly on this reward. The third Bitcoin halving is soon to occur and will have...
Bitmain leads the list and concentrates between 55 and 60% of the industry's profits. Regarding geographical distribution, China continues to maintain the monopoly on Bitcoin mining. It was reported that 95% of the Bitcoin mining...
Rosetom will enable facilities for mining farms that want to use nuclear energy. The renowned Russian nuclear power company, Rosetom State Atomic Energy Corporation, recently announced that it is expanding and reconditioning a new area of...
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...
A study by Binance Research analyzed the economy behind digital mining. The analysis considered the time elapsed since the execution of both forks. A report prepared by Binance Research, the subsidiary of the exchange house Binance...