Bitcoin miner revenue surges to pre-halving levels
Miners are likely starting to sell some BTC at this point. Go to Source Powered by WPeMatico
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Crypto mining is now drawing in the world’s top renewables producers
At what point will greening crypto energy consumption be enough? Go to Source Powered by WPeMatico
Bitfury forms MaaS partnership to upgrade $35M Norway data center
The crypto mining firm’s 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy. Go to Source Powered by WPeMatico
Bitcoin Network’s Mining Difficulty Sees Largest Epoch Drop Since 2011
Bitcoin’s mining difficulty saw the second-largest drop in history on Tuesday, as the difficulty dropped to 16.78 trillion, losing a touch over 16% since last week’s all-time difficulty high. The last time bitcoin’s mining difficulty dropped so low was in October 2011, when it lost around 18%. Since the large difficulty drop took place, the … Read more
On-chain metrics indicate Bitcoin miners’ influence on the price is diminishing
Research suggests that Bitcoin miners are holding less of the asset. Go to Source Powered by WPeMatico
Layer1 co-founder takes former business partner to court
He claims to have spent millions of his own money, only to be tossed out of the company he co-founded. Go to Source Powered by WPeMatico
Bitcoin just had its biggest mining difficulty drop since 2011
BTC price action remains relatively stable as the network automatically takes care of higher fees and slower block times. Go to Source Powered by WPeMatico
Italian man caught allegedly using airport computer systems for ETH mining
You can’t just mine crypto for profit using other people’s systems without them approving it. Go to Source Powered by WPeMatico
‘Price follows hash rate’ — Bitcoin fundamentals drop may delay $14K
Echoes of June appear among miners, but the future could likewise produce a price rebound if history repeats itself. Go to Source Powered by WPeMatico
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool log of unconfirmed transactions has spiked … Read more