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3232Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
https://www.digit.info/bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022/
Wed, 31 Jul 2024 12:44:17 +0000https://www.digit.info/bitcoin-network-faces-toughest-mining-difficulty-increase-since-2022/Read more]]>The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s […]
]]>Bittensor Blockchain Placed in ‘Safe Mode’ Following Multi-Million Dollar Wallet Drains
https://www.digit.info/bittensor-blockchain-placed-in-safe-mode-following-multi-million-dollar-wallet-drains/
Wed, 03 Jul 2024 15:12:04 +0000https://www.digit.info/2024/07/03/bittensor-blockchain-placed-in-safe-mode-following-multi-million-dollar-wallet-drains/Read more]]>According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDT […]
]]>Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
https://www.digit.info/bitcoin-miners-face-8-4-profit-decline-amid-falling-hashprice-and-market-pressures/
Tue, 18 Jun 2024 12:00:58 +0000https://www.digit.info/2024/06/18/bitcoin-miners-face-8-4-profit-decline-amid-falling-hashprice-and-market-pressures/Read more]]>In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash […]
]]>Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
https://www.digit.info/ethereum-transaction-fees-slide-nearly-94-over-the-past-68-days/
Sun, 12 May 2024 16:11:45 +0000https://www.digit.info/2024/05/12/ethereum-transaction-fees-slide-nearly-94-over-the-past-68-days/Read more]]>Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has […]
]]>Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases
https://www.digit.info/bitcoin-difficulty-estimated-to-drop-after-5-back-to-back-increases/
Wed, 26 Apr 2023 15:00:05 +0000https://www.digit.info/2023/04/26/bitcoin-difficulty-estimated-to-drop-after-5-back-to-back-increases/Read more]]>Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62% since block height 778,176. Consequently, with the current block times in place, the mining participants of the network may […]
]]>While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit
https://www.digit.info/while-bitcoins-hashrate-remains-sky-high-merge-mined-crypto-asset-networks-benefit/
Mon, 06 Mar 2023 17:30:43 +0000https://www.digit.info/2023/03/06/while-bitcoins-hashrate-remains-sky-high-merge-mined-crypto-asset-networks-benefit/Read more]]>In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]
]]>Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
https://www.digit.info/stiffing-the-staker-the-secs-latest-crackdown-on-crypto-innovation/
Sat, 11 Feb 2023 21:30:03 +0000https://www.digit.info/2023/02/11/stiffing-the-staker-the-secs-latest-crackdown-on-crypto-innovation/Read more]]>The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following opinion editorial was written by Bitcoin.com’s Business Development Manager […]
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’s […]
]]>
According to reports, the Bittensor (TAO) blockchain was paused due to the depletion of funds from several wallets. The final block was processed 14 hours ago, and the network is now in safe mode, as stated by the Opentensor Foundation. TAO Network Paused for 14 Hours Due to Massive Wallet Thefts At 9:47 p.m. EDT […]
]]>
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners has declined as the hashprice, the revenue from 1 petahash […]
]]>
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has […]
]]>
Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62% since block height 778,176. Consequently, with the current block times in place, the mining participants of the network may […]
In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following opinion editorial was written by Bitcoin.com’s Business Development Manager […]