Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.

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Ethereum gas price spikes 29% in January as user activity grows: Report

Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%.

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What Happens To Miners After The Last Bitcoin Has Been Mined? — Big Reveal

Bitcoin’s fixed supply makes it a possible good inflation hedge, according to pundits.   By 2140, mining blocks will no longer yield a block reward.   John Cantrell believes that the hash power generated would still be enough to secure the network.

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New world record 1 gigabyte blocks mined on the Bitcoin SV blockchain

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV (BSV) blockchain and digital currency, today confirms that two 1...

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Does EIP-1559 mean Ethereum will really become 'better money'

At the time of writing, block 12,939,102 had been mined on Ethereum. 12,965,000 beckons in less than 25,000 blocks and with it, EIP-1559 will finally undergo activation. Now, the anticipation surroundThe post Does EIP-1559 mean Ethereum will really become 'better money' appeared first on AMBCrypto.

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Just 77 Bitcoin Blocks Mined Within 24 Hours

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Big Block Breakthrough: 1 Gigabyte BCH Scalenet Block Mined With Raspberry Pi4

While it seems the big block vs. small block debate is over, it is still relevant in the cryptocurrency sphere and some users are still delving into the limits of big blocks. Mtrycz, a writer leveraging the read.

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70% Bitcoin Mining Pools Give Signal to Taproot’s Second Attempt

One of the biggest Bitcoin upgrades, Taproot, is starting its second signaling after the first one failed to materialize. In order for Taproot to get locked in the protocol upgrade for November, 90% of the blocks mined need to signal their readiness.

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1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary

12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined.

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Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today

On November 7 at around 12:37 a. m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.

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Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures

The Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software.

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Cardano’s Staking Pools Have Made History After Mining Their First Blocks On Shelley

Cardano has made history in the last 24 hours after higher-stake staking pools (SPOs) on Shelley network mined blocks on epoch 211.  The first publicly mined block was done by staking whale 1 Percent Pool, which is currently running 28 SPOs on Shelley.

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Block 478,559: Bitcoin Cash Fans Worldwide Celebrate the Cryptocurrency’s 3rd Anniversary

Three years ago at approximately 2:14 p. m. ET, the first Bitcoin Cash blocks were mined. That day, block 478,558 was the last common block found, and six hours later Viabtc mined the first Bitcoin Cash block (nr 478,559).

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Binance Pool Is Now the Largest Bitcoin SV Miner

Since its launch in April, Binance Pool has become responsible for 26.39% of all Bitcoin Satoshi Vision blocks mined.

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Crypto Price Analysis May 7: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

The Bitcoin price has possibly created a double top relative to its April 30 high. Each time 210,000 blocks are mined, the block reward for mining is cut in half. The upcoming event, the third Bitcoin halving, is now quickly approaching since fewer than 1,000 blocks are left until the 630,000 block milestone is reached.

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ETH 2.0 will Restrict the Supply and Drive Prices Up, But ‘Unlikely to Succeed as Planned’

Today is a big day for Ethereum as it surpasses 10 million blocks. Unlike the Bitcoin network where it takes 10 minutes to produce one block, Ethereum blocks are mined every 20 seconds. Big Day for #Ethereum ! Just passed 10M mined blocks! — CoinMetrics.

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If Bitcoin Cash avoids a 51% attack for 30 days, BCH may come out unscathed

Bitcoin Cash underwent its halving on April 8th, 12:19 pm UTC, and most of its fears came true. After the 630,000 blocks mined on the Bitcoin Cash network, hours later the hash rate and profitabiliThe post If Bitcoin Cash avoids a 51% attack for 30 days, BCH may come out unscathed appeared first on AMBCrypto.

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Bitcoin Cash mining pool BTC.TOP may be mining unprofitable blocks on purpose

The Bitcoin Cash network has experienced long wait times between mined blocks several times this month. Between 1-23 February, there were 59 blocks which took over an hour to be mined and interestinglThe post Bitcoin Cash mining pool BTC.

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A Deep Dive Into Satoshi’s 11-Year Old Bitcoin Genesis Block

11 years ago today, Satoshi Nakamoto launched the Bitcoin network at approximately 18:15:05 UTC and the world hasn’t been the same since. The Bitcoin blockchain came to life on January 3, 2009, and so far, more than 600,000 blocks have been mined into existence.

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Bitcoin Halving Observations and Expectations Given by Analyst

“Block reward” is a term that refers to the new Bitcoin granted as a reward to miners by the network. Periodically, the network goes through an event which is called “halving. ” The event occurs every time 210,000 blocks are mined.

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Bitcoin mining is 'a very complex dynamic economy'

May 2020 - the scheduled timeline for the next Bitcoin halving, a phenomenon that occurs after every 210,000 blocks are mined, resulting in the block reward cut by half. The upcoming halving would resThe post Bitcoin mining is 'a very complex dynamic economy' appeared first on AMBCrypto.

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Bitcoin Halving Price — Short-Term Movement May Not Matter

Bitcoin goes through an even known as halving every time 210,000 blocks are mined. As a result, the mining rewards are cut in half. This event occurs roughly every four years. Therefore, there have been two halvings hitherto, with the third one expected to occur on May 2020.

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Bitcoin Recovers Above $8K After 18th Million Bitcoin Was Mined

Bitcoin price recovers above $8,000 after BTC blockchain his 600,000 blocks and 18th million Bitcoin was mined

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Bitcoin Could Consolidate Until Next Halving in May, Says Cryptocurrency Trader

Every time 210,000 blocks are mined on the Bitcoin Network, it goes through an event which is called a halving. This means that the rewards for mining are cut in half. As halvings occur approximately every four years, there have been two such events in Bitcoin’s past.

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Major Crypto Wallet Provider Reaches A Record Of Over 41.5M Users But Still No SegWit in Sight

Blockchain. com has reached a record of more than 40 million wallet users, 41,527,053, to be exact, as of August 27, 2019. Blockchain. com is a cryptocurrency information service and cryptocurrency wallet for Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH).

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The Litecoin halving has concluded and LTC is up 9 percent

The 2019 Litecoin halving has concluded. The halving is a fixed event that occurs every four years after 840,000 blocks are mined, reducing block rewards by 50 percent. As the time approaches, many investors wonder what would happen to LTC’s price.

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As Litecoin’s halving approaches, will LTC’s price surge, correct, or consolidate?

Five days from today, Litecoin will go through a process called halving. This is a fixed event that occurs every four years after 840,000 blocks are mined, reducing block rewards by 50 percent. As the date approaches, how will LTC trade? Litecoin Technical Analysis At the moment, it seems like Litecoin could be mimicking its behavior […] The post As Litecoin’s halving approaches, will LTC’s price surge, correct, or consolidate? appeared first on CryptoSlate.

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Bitcoin Miners Feeling FOMO? Blocks Are Being Mined At January 2018 Pace

Bitcoin is a digital currency which is unique in many aspects, whether it is about, as an analyst Willy Woo puts, creating an internet scarcity, the fixed, hard cap limit on a new form of currency or the reduction in supply rate.

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7 months after Hash Wars, Bitmain’s BTC.com appears to mine Bitcoin SV

BTC. com, the flagship mining pool of cryptocurrency firm Bitmain Technologies, appears to have started mining the Bitcoin Satoshi Vision (BSV) blockchain once again – a likely controversial move.

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Bitcoin Halving Will Trigger ‘Supply Shock’, Warns Venture Capitalist

Coinspeaker Bitcoin Halving Will Trigger ‘Supply Shock’, Warns Venture CapitalistA Bitcoin halvening is a fixed event and will occur after every 210,000 blocks are mined, or confirmed, by the system.

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Litecoin Registers Largest Monthly Gains Since 2017 as Scheduled August LTC Halving Nears

As many of our readers are probably already aware of, the Litecoin (LTC) blockchain is all set to undergo a “halving event” this coming August. The process is carried out every time a set of 840,000 blocks are mined from within the currency’s native ecosystem — an event that roughly occurs once every 48 months. […]

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Craig Wright’s evidence he’s Satoshi in unredacted court documents is a “lazy copy-paste job”

A filing showing the list of addresses that were supposed to prove that controversial figure Craig Wright was, in fact, Satoshi Nakamoto, has been unsealed. Deeper inspection of the list, however, showed that the blocks Wright claims to have mined are merely a “lazy copy-paste from the blockchain,” researchers from Wizsec Security found.

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Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List

The ongoing lawsuit between the relatives of Dave Kleiman and Craig Wright continues to unfold as a filing has been unsealed that shows a list of addresses tied to the first 70 bitcoin blocks Wright claims to have mined.

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Bitcoin Cash blocks tagged with “Satoshi Nakamoto,” rumors of impending attack

Mysteriously, 25 percent of mined Bitcoin Cash blocks are being tagged with “Satoshi Nakamoto. ” Given the May 15th hard fork as part of a scheduled protocol upgrade, it is rumored that the tagging is a miner signaling 51 percent attack.

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One mining pool controls a dangerously dominant share of BitcoinSV’s hash rate

The integrity of Bitcoin Satoshi Vision (BitcoinSV) remains in question, as one group of cryptocurrency miners approaches control of the network‘s hash rate. Calvin Ayre’s CoinGeek has become BitcoinSV’s primary mining pool.

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BitcoinSV’s blockchain is struggling with its enormous 128MB blocks

The Bitcoin Satoshi Vision (BitcoinSV) blockchain has suffered a series of “block re-oganizations,” putting the integrity of its network in question. “On 18th April 2019, our Bitcoin Cash SV [sic] node experienced two block re-organizations.

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Bitcoin SV Announces 128 MB Blocks Have Successfully Been Mined

Bitcoin SV, which split from Bitcoin Cash last year, has announced that it has successfully mined two 128 megabyte blocks, which are the largest blocks ever mined on a public blockchain. However, this is not universally regarded as an accomplishment: while some see this as a vindication of Bitcoin SV’s potential, others will see it… The post Bitcoin SV Announces 128 MB Blocks Have Successfully Been Mined appeared first on UNHASHED.

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New Coin.Dance Data Reveals Majority Of Bitcoin SV (BSV) Blocks Are Mined By ‘Unknown’ Entities

Data from Coin. Dance, a site that monitors the crypto mining space, has shown us some interesting foundings. It is not something slightly new that Bitcoin, Bitcoin Cash (and Bitcoin SV) are all mine by the large pools.

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Bitcoin Cash Pools: The Majority of Bitcoin SV Blocks Are Mined By ‘Unknown’ [Yes, Really]

Like Bitcoin and Bitcoin Cash, Bitcoin SV has large mining pools, each with a significant share of its SHA-256 hashrate. However, unlike the others, BSV has a nearly 44% majority who are “unknown,” according to data published by Coin.

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Bitcoin Now Mining Its Biggest Blocks Ever

The Bitcoin network is scaling as the network just reached a new all-time high of 1. 3 MB average block size amid record low transaction fees.   Biggest Average Bitcoin Block Size to Date The latest data from Blockchain.

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LongHash Releases New Shock Value Worthy Report on BTC vs Bitcoin Cash Block Size and Data

The fork on Bitcoin’s chain into Bitcoin cash has now given us over 500 days of data to analyze the capacity of BCH in terms of the block size. LongHash has recently reported that BCH has never even mined a block of that size to date.

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Bitcoin (BTC) Creator Satoshi Nakamoto More Powerful Than Facebook CEO, Bakkt CEO, Elizabeth Warren

Satoshi Nakamoto — The Bitcoin (BTC) Enigma  Ten years ago, sequestered away from the outside world, Satoshi Nakamoto, the individual or group responsible for Bitcoin, mined the first block ever on the nascent network.

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51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why

CoinSpeaker 51% Attack Might be Approaching Bitcoin Cash Network, and Here’s Why It seems that a single mining pool was gaining more than half of the total mined blocks on the entire Bitcoin Cash's network today.

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31% блоков в сети биткоина добывается с применением AsicBoost

В 2018 году число добываемых с использованием алгоритма оптимизации AsicBoost блоков в основной сети биткоина выросло с 0% до 31%. Bitcoin blocks mined with overt «version-rolling» AsicBoost increased from 0% to 31% during 2018.

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Hash Wars: BCH Proponents Confident a Resolution Is in Sight

On Saturday, Nov. 17, the Bitcoin Cash (BCH) community entered the third day of its hash war, with many supporters growing confident that a resolution may be in sight. Close to 300 blocks have been mined on the Bitcoin ABC side of the chain using the new consensus ruleset, which has also given the network […] The post Hash Wars: BCH Proponents Confident a Resolution Is in Sight appeared first on Bitcoin News.

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Bitcoin Cash Hard Fork Live: Bitcoin ABC Runs the Rally with Almost 50 Blocks Ahead

CoinSpeaker Bitcoin Cash Hard Fork Live: Bitcoin ABC Runs the Rally with Almost 50 Blocks Ahead The long-anticipated hard fork of the Bitcoin Cash blockchain has gone live, with reports confirming that the first mined block came from the BCHABC protocol, even though SV boasted a much larger hashrate in the days preceding the split.

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Bitcoin Cash (BCH) hard fork has activated, exchanges distribute tokens to users

On November 15, the Bitcoin Cash (BCH) hard fork activated. At press time, Bitcoin ABC is leading Bitcoin SV in terms of both hash rate and number of nodes, according to Coin.Dance. Under the new consensus rules, 136 blocks have been already mined, wherein Bitcoin ABC is 45 blocks ahead. The news about the protocol […]

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Bitcoin SV Passes Planned Bitcoin Cash (BCH) Professional Stress Test

After being subjected to the BCH Professional Stress Test, Bitcoin SV recorded an impressive performance. For instance, mining pools based on the Bitcoin SV generated the majority of the new blocks on the Bitcoin cash network.

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Bitcoin Cash Processed 277 Tx/s, More Than PayPal, Five 32MB Blocks Mined, BU Nodes Crash

Bitcoin Cash has processed 830,000 transactions in five blocks, with each block containing circa 166,300 transactions, translating to a current capacity of 277 transactions per second. That’s more than PayPal, which.

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