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This week cryptocurrency miners had processed the 17 million coins across both Bitcoin (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are mined. […]
The post 80% of the 21 Million Bitcoins Have Been Mined Into Existence appeared first on Bitcoin News.
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Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful […]
The post Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially appeared first on Bitcoin News.
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It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, […]
The post Our Love and Hate Relationship with Bitcoin Miners appeared first on Bitcoin News.
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This week bitcoin cash (BCH) prices touched a low of $850 per coin, after following suit with the majority of other digital assets taking losses over the past five days. The price started to reverse yesterday evening and has climbed 11 percent in value touching $992 during the March 19 afternoon trading sessions (EDT). Also […]
The post BCH Markets & Infrastructure Roundup: Optimism in the Air appeared first on Bitcoin News.
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Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports […]
The post From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility appeared first on Bitcoin News.
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BTCC, formerly BTC China, the oldest Bitcoin exchange in the country, has been acquired by a Hong Kong-based investment fund for terms which remain undisclosed to date. #NEWS
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About 24-hours ago bitcoin cash (BCH) miners were processing a ton of large blocks between 2-8MB in size. Fees have remained considerably low, and the bitcoin cash daily transaction volume is nearing the same amount of transactions as the litecoin network. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin Cash Miners […]
The post Bitcoin Cash Miners Process Big Blocks Past 24h – Volume Approaches Litecoin appeared first on Bitcoin News.
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