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Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have seen two relatively unknown mining pools join the top mining pool … Read more
Bitcoin’s resiliency following its halving suggests that many investors have started looking at it as a legitimate hedge against inflation Go to Source Powered by WPeMatico
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million on May 12 from $17.16 … Read more
Cyprus-based COSD LLC company has established new technological paradigms for the crypto mining market with the introduction of its CoinFly ecosystem. The system offers robust functionalities for the optimization of mining operations. New paradigms have surfaced in the crypto mining sector thanks to CoinFly, a robust mining system that provides miners an added advantage. The … Read more
The hash rates of BCH of BSV have recovered, after crashing hard following their April halvings. Mining profitability for BSV, BCH, and BTC is now roughly the same. Go to Source Powered by WPeMatico
Bitcoin network hash rate experienced some decline, but the first difficulty adjustment post-halving will still see a positive adjustment Go to Source Powered by WPeMatico
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations. Go to Source Powered by WPeMatico
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405 … Read more
A report indicates that despite concerns over mining after the halving, the health of the Bitcoin network remains excellent. Go to Source Powered by WPeMatico
A new Chinese mining pool swiftly takes 5% of the Bitcoin mining pie, while its origins remain unknown. Go to Source Powered by WPeMatico
