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The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before the halving. On Sunday, […]
The post Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates appeared first on Bitcoin News.
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In a touch more than 24-hours time, the third bitcoin halving will take place on May 12, 2020, on or around 9:50 p.m. ET. Miners will see their revenues slashed in half from 12.5 coins to 6.25 BTC after the halving and speculators wonder what will happen after the event. Currently, according to Google Trends […]
The post Quantitative Hardening: Dissecting the Third Bitcoin Halving, 3 Key Data Points to Watch appeared first on Bitcoin News.
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Just recently the price of bitcoin jumped over the $9,000 per coin zone, but retracted back a hair not too long afterward. On May 3, the research and analysis firm Glassnode reported that the overall BTC hashrate touched another all-time high above 140 exahash per second. As miners continue to hash away at the network, […]
The post 7 Days Left Until the Great Bitcoin Halving: Hashrate Jumps Over 140 Exahash, Miner’s Hoard appeared first on Bitcoin News.
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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.
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Analyzing and exploring the Bitcoin blockchain is always interesting, but for the more abstract thinker, several sites provide unique looks at the network, nodes, and transaction data in easy to grok, visual fashion. Some of these even border on the psychedelic or sci-fi otherworldly, taking viewers on a virtual trip through the blockchain. Also read: […]
The post A Picture’s Worth a Thousand Words: 18 of the Coolest Visualizations for Exploring the Bitcoin Network appeared first on Bitcoin News.
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On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th Anniversary of the […]
The post How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago appeared first on Bitcoin News.
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This week after a few months of controversy, the owners of Bitcoin.org reverted its descriptions about what Bitcoin is on the website’s front page back to “fast peer-to-peer transactions” and “low processing fees” after removing the descriptions this past January. The front page descriptions were changed by the website’s co-owner, a pseudonym called ‘Cobra Bitcoin,’ […]
The post Bitcoin.org Reverts Back to ‘Fast’ and ‘Low Fee’ Descriptions on Front Page appeared first on Bitcoin News.
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RSK Labs has finally mined its genesis block and formally launched its long-awaited Bitcoin-based smart contract platform and sidechain on the mainnet. While still in beta with limited distribution, the new RSK sidechain is expected to offer significant scaling benefits to the Bitcoin network. News.Bitcoin.com caught up with CEO Diego Gutierrez Zaldivar to find out […]
The post RSK Mines Its Genesis Block – Bitcoin Now Has Ethereum-Like Smart Contract Platform appeared first on Bitcoin News.
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