BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016

BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate Climbs 18,400% in Five Years […]

Go to Source

Powered by WPeMatico

Bitcoin Hashrate Hits 180 Exahash, Mining Difficulty Climbs Higher, Pools Jump by 35%

The price of bitcoin has climbed to phenomenal heights during the last few weeks and this has fueled the crypto asset’s mining sector a great deal. Despite the fact that the Bitcoin network’s mining difficulty has never been higher at 21.72 trillion, the hashrate has climbed to a whopping 180 exahash per second (EH/s) and […]

Go to Source

Powered by WPeMatico

Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History

Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011. Also read: While You’re Under Quarantine, Check These Sites […]

The post Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High

Bitcoin Mining Investment Strong - BTC Hashrate Surpasses All-Time HighOn Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week. In four years’ time, BTC’s hashrate has risen over 13,500% […]

The post Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

A Deep Dive Into Satoshi’s 11-Year Old Bitcoin Genesis Block

A Deep Dive Into Satoshi's 11-Year Old Bitcoin Genesis Block11 years ago today, Satoshi Nakamoto launched the Bitcoin network at approximately 18:15:05 UTC and the world hasn’t been the same since. The Bitcoin blockchain came to life on January 3, 2009, and so far, more than 600,000 blocks have been mined into existence. Nakamoto’s genesis block is special and the hardcoded block has a […]

The post A Deep Dive Into Satoshi’s 11-Year Old Bitcoin Genesis Block appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

BTC's Hashrate Touches 120 Exahash, But the Price Has Not FollowedOn January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. […]

The post BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

Despite Lower Prices, Bitcoin's Hashrate Remains StrongPeople watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto prices, the SHA-256 hashrate has remained unscathed and continues to show persistent […]

The post Despite Lower Prices, Bitcoin’s Hashrate Remains Strong appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

74% of the Worlds Bitcoin Mining Operations Driven by Renewable Energy, Says ReportThere’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining is not environmentally […]

The post 74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Anchor a Document or File to the BCH Chain With Notary.Bitcoin.com

Anchor a Document or File to the BCH Chain With Notary.Bitcoin.comIn my last article, I explained how to prove ownership of a specific address by signing a message with a public and private key pair. That’s just one way of proving ownership and verifying a valid signature, as BCH users can also anchor a document to the chain using the Bitcoin Cash protocol’s Script language. […]

The post Anchor a Document or File to the BCH Chain With Notary.Bitcoin.com appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

How to Prove Ownership With a Bitcoin Cash Address and Digital Signature

How to Prove Ownership With a Bitcoin Cash Address and Digital SignatureBitcoin is an amazing form of money and the technology Satoshi created has incredible potential. However, most people don’t realize that the blockchain not only allows for a great medium of exchange, but it also provides the means for creating notarized proofs. The following walkthrough aims to show anyone how to prove they own a […]

The post How to Prove Ownership With a Bitcoin Cash Address and Digital Signature appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico