Category: Miners
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Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints.
Understanding The 51% Attack In The Cryptocurrency Space
In cryptocurrency industry, security is a foremost concern and that’s why we will be discussing “51% Attack” today. While blockchain innovation offers a decentralized and carefully designed ledger, it’s not insusceptible to specific weaknesses. One such vulnerability is the feared “51% attack.” 🔵 Crypto Word Of The Day 🔵#51Attack pic.twitter.com/u4SAPEiPcY — CoinEcho (@mycoinecho) November 7, 2023 What Is a 51% Attack? A 51% attack, otherwise called a majority attack, happens when a malevolent entity gains control over half of the network’s mining power or computational resources. In a proof-of-work blockchain, as Bitcoin, miners approve transactions and secure the network. On
The post Understanding The 51% Attack In The Cryptocurrency Space appeared first on The Merkle News.
Bitcoin revenue per terahash nears record lows as hashrate soars
As the Bitcoin network hash rate tops 414 EH/s, miners are struggling to stay afloat amid plummeting profitability.
Bitcoin mining researchers claim new tech ups winning hash chance by 260%
U.K.-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability.
Bitcoin miners still bullish despite toughest bear market yet – Hut8, Foundry, Braiins
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.
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Bitcoin miners hedging with recent sell-offs: Bitfinex report
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.
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Miners send millions to exchanges — 5 things to know in Bitcoin this week
Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence.
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SEC, CPI and a ‘strong rebound’: 5 things to know in Bitcoin this week
Bitcoin faces a week full of potential price triggers — both up and down — as BTC price action drops below a major trend line.
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Bitcoin mining firms keep building despite BTC mining profitability slump
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.
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