The CEO of Dutch cryptocurrency exchange Bitvavo believes market dynamics will cater to the potential skyrocketing demand for Bitcoin in 2024.
Category: Mining Reward
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Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022
It’s been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years.
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Litecoin price poised for 700% gains vs. Bitcoin, says Charlie Lee
The Litecoin halving is just three months away and LTC price is well-positioned for some massive gains, argues the founder.
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Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit
The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate […]Powered by WPeMatico
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade. Also, a […]Powered by WPeMatico
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent 0.55 ether, worth […]
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Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash all set to […]
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7 Unorthodox Ways to Mine Bitcoin
Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest attempts at extracting bitcoin ever conjured. Also read: […]
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