Crypto miner Poolin offers IOU tokens after suspending withdrawals
“Our priority, for the time being, is to resume withdrawals of as many coins/tokens as possible,” said Poolin. Go to Source Powered by WPeMatico
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While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult
Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found … Read more
Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances,” said Poolin. Go to Source Powered by WPeMatico
The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price. Go to Source Powered by WPeMatico
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining … Read more
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records Second Consecutive Difficulty Increase Since August 4 Finding a bitcoin … Read more
BTC mining stocks double in a month as production ramps
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. Go to Source Powered by WPeMatico
Blockchain’s environmental impact and how it can be used for carbon removal
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment. Go to Source Powered by WPeMatico
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash per second (EH/s) … Read more
US dominates crypto ATMs installations and BTC hash rate worldwide
With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022. Go to Source Powered by WPeMatico
