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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day
Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »
2020-8-19 06:00 | |
The Evolution of Proof of Stake – From Peercoin and Nxt to Algorand
The concept of using Proof of Stake (PoS) as an alternative to Proof of Work (PoW) for securing crypto networks has been around for a long time now. It was Sunny King and Scott Nadal who first proposed PoS in 2012 as a more energy-efficient solution than mining, which has traditionally been used to secure blockchains such as Bitcoin. дальше »
2020-7-23 11:44 | |
Biggest Shift in Bitcoin Hashrate May Come in 2020
Bitcoin price is stuck around $9,100, but the hash rate of the network is continuing its ascent since crashing after the block reward halving. The hashrate is yet again near the all-time high at around 130 Th/s after the jump in difficulty – the biggest since January 2018. дальше »
2020-7-1 21:17 | |
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. дальше »
2020-5-30 01:10 | |
Maximize Profits on BTC Trading with Bexplus
After the bitcoin block reward halving on May 11, Glassnode.com statistics show the BTC hashrate is 90 EH/s or so on May 22. The overall SHA256 hashrate lost around 47 EH/s. Due to the electrical shortages, some mining machines have been forced to shut down to avoid more losses. From the image below, we can […] дальше »
2020-5-24 18:11 | |
Bitcoin’s Hashrate Drops 30% Just Days After Halving
Following Bitcoin’s third halving to date, the network’s total hashrate has fallen by around 30 percent. The data comes courtesy of BTC network analysis firm CoinMetrics. io. The sudden loss of revenue for miners following the reduction in block reward will mean that some mining operations are no longer profitable. дальше »
2020-5-15 07:15 | |
Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving
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 […] The post Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving appeared first on Bitcoin News. дальше »
2020-5-15 22:30 | |
Third Bitcoin Halving Is Finally Here, BTC Hovering Around $8700 Now
Coinspeaker Third Bitcoin Halving Is Finally Here, BTC Hovering Around $8700 NowWith the latest Bitcoin halving, the BTC mining rewards have reduced from 12. 5 BTC to 6. 25 BTC. Since its last halving in 2016, the BTC price has appreciated 1200% so far until the third event. дальше »
2020-5-12 11:12 | |
Cambridge Study Shines Light on Chinese Bitcoin Mining Distribution
The Cambridge Centre for Alternative Finance has released a tool that shows the distribution of Bitcoin hashing power around the world. Whilst the data is far from perfect, it provides a clearer picture than ever into where the largest concentrations of mining operations are in both China and the rest of the planet. дальше »
2020-5-9 04:15 | |
China’s One Region Accounts for 35.76% of Bitcoin Hash Rate
A Bitcoin Mining Map is launched by the Cambridge Centre for Alternative Finance (CCAF) that allows checking the average monthly bitcoin hash rate produced by different countries around the globe. Based on the geolocation data (IP addresses) provided by Poolin, BTC. дальше »
2020-5-8 23:51 | |
The Bitcoin Cash halving is here
Bitcoin Cash had its block reward halving this week but there are concerns around hashrate and mining profitability. дальше »
2020-4-16 15:00 | |
Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12. 5 coins per block to 6. 25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then. дальше »
2020-3-25 16:35 | |
Bitcoin hashrate barely dropped after price crash to $3,600: here’s why it’s a positive sign
The hashrate of the Bitcoin blockchain network barely flinched as the price of BTC plummeted to $3,600, by around 50 percent within a 24-hour span. It may indicate that big mining firms have not capitulated amidst the drop, going in line with theories put out by respected industry executives. дальше »
2020-3-15 11:10 | |
How Much $100 of Bitcoin Could Be Worth When the Last Coin is Mined
Everybody knows that one day Bitcoin mining will eventually cease, and the last coin will be mined. The date for this is expected to be around the year 2140. So what could an investment of $100 now be worth in 120 years time? Bitcoin to the Moon To estimate the price of Bitcoin well into the future we need to take a look at growth models for the cryptocurrency. The two most well-known are Parabolic […] дальше »
2020-2-28 23:00 | |
Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC
On February 7, the blockchain analytics provider Tradeblock published a report about the upcoming BTC reward halving. BTC’s block reward is expected to halve on or around May 12, 2020, and Tradeblock’s report estimates that the cost to mine BTC will be over $12,500 after the halving. дальше »
2020-2-16 22:45 | |
North Korea Increases Monero (XMR) Mining Efforts To Help Avoid Sanctions
North Korea is expanding its mining operations of privacy coin Monero (XMR), while the regime is trying its best to find a way around US and UN sanctions. In a recent report by cybersecurity company Recorded Future, it’s being said that the Monero network traffic originating from IP addresses belonging to North Korea have increased […] дальше »
2020-2-13 05:53 | |
Iran Issues 1,000 Crypto Mining Licenses
According to recent reports from Iran, the country’s government is reportedly making a move that will benefit crypto miners by granting them over 1,000 mining licenses. New development in Iran favors the crypto mining industry Governments around the world are making significant progress with regulating the crypto industry, especially with regards to overseeing crypto mining operations. дальше »
2020-1-27 15:55 | |
Are Mining Death Spiral Believers Holding Bitcoin’s Price From Jumping?
On Jan. 22nd Bitcoin started dropping and today we went to nearly $8,200 level. Currently, we are hovering around $8,400 while managing the daily trading volume of $786 million, as per Messari. Just like price, the hash rate of the network is also staying around 118 Th/s, down from 126 Th/s on Jan. 17, the […] дальше »
2020-1-24 21:32 | |
Bitmain’s Alleged Connection With Crypto Ponzi Scheme, BitClub, Could Hinder U.S. IPO Plans
Bitcoin mining giant, Bitmain Technologies, is in the news again for something negative. This time around, there are reports that the bitcoin mining company is involved with a crypto Ponzi scheme, BitClub Network, causing the company to come under the radar of the U. дальше »
2020-1-23 00:00 | |
Bitcoin Will Reach $400,000 After Halving, History Dictates
Much of the conversation around predicting the price of Bitcoin through 2020 and beyond hinges on the effect of the Bitcoin mining reward halving set to take place in May will have. Some believe it will have no effect at all, while others are betting big on this. дальше »
2020-1-18 21:20 | |
Bitcoin’s hash rate reaches all-time high after a major difficulty adjustment
While many analysts predicted Bitcoin’s mining difficulty will rise around 8 percent, few believed it would continue to increase at the same pace in the days following the adjustment. According to data from CoinMetrics, the difficulty increased 7 percent after the adjustment, with the hash rate reaching an all-time high of 14. дальше »
2020-1-16 18:00 | |
Bitcoin cloud mining may not reflect a positive ROI post halving
Bitcoin halving is expected to take place around May 2020 and it will prompt the inflation rate to decrease by ~1.7%. The halving will also result in the overall mining cost to become expensive, replaThe post Bitcoin cloud mining may not reflect a positive ROI post halving appeared first on AMBCrypto. дальше »
2020-1-10 20:00 | |
Interpol Operation Drives Southeast Asia Cryptojacking Down by 78%
Cryptojacking was rampant around the globe last year. By June 2019 in Southeast Asia, more than 20,000 MikroTik routers had been infected. Thanks to Operation Goldfish Alpha, Interpol reduced incidents of illicit crypto mining by 78% in just six months. дальше »
2020-1-9 19:00 | |
2020 Bitcoin Halving has Unprecedented On-Ramps to Bolster Its Growth
With the Bitcoin mining reward halving about 150 days away, speculation still swirls as to what effect this important occurrence in Bitcoin’s ongoing existence will have on the market. Historically, mining reward halvings have usually contributed to rapid expansions in the BTC market, but this time around, there are many new developments to consider. дальше »
2019-12-19 00:15 | |
China Continues to Dominate Global Bitcoin Mining, But for How Long?
New research shows that China’s dominance of the total Bitcoin hash rate continues to grow. The nation reportedly now accounts for around 66 percent of all the computing power supporting the Bitcoin network at present. дальше »
2019-12-12 01:00 | |
Ethereum (ETH) 2.0 Upgrade May Revive Staking in 2020
Ethereum (ETH) may bring another round of staking enthusiasm if it moves forward to further replace mining in 2020. New Staking Projects Appeared in the Past Year Staking coins may come in fashion again, as passive income and slow growth replace previous highly speculative uses. дальше »
2019-12-1 23:42 | |
Crypto Market forecast: 25th November
The crypto markets continued to grind down this week. The price of market benchmark, Bitcoin, fell by almost 20% following an announcement from the PBoC stating that the Chinese government remains opposed to the risks around cryptocurrency investment. дальше »
2019-11-25 14:00 | |
Crypto Capital’s Eric Wade Weighs in On the Millennial Draw to Cryptocurrency
The entire structure around Bitcoin centers on mining and the rewards that these miners get for participating in the verification of transactions. The halving happens on a fairly consistent schedule, dropping the reward that miners receive for their actions. дальше »
2019-11-24 20:30 | |
Hard Problems in Cryptocurrency: Five Years Later
Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity. дальше »
2019-11-25 04:03 | |
China’s Bitcoin Mining Firm Canaan Manages to Raise Only $90 Million through IPO
Coinspeaker China’s Bitcoin Mining Firm Canaan Manages to Raise Only $90 Million through IPOAs per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target. дальше »
2019-11-21 16:44 | |
Litecoin's halving: More of a curse than a blessing for miners, hodlers
Litecoin, the famously named "silver to Bitcoin's gold," underwent its halving on 8 August 2019, following which the mining reward dropped from 25 LTC to 12.5 LTC. The price surge of PoW coins around The post Litecoin's halving: More of a curse than a blessing for miners, hodlers appeared first on AMBCrypto. дальше »
2019-11-10 15:30 | |
Bitcoin Mining Bandits Arrested in Malaysia
Malaysian authorities have arrested five individuals in connection with the robbery of 85 Bitcoin mining units. The machines were taken from a shop in the town of Seremban on October 29. The units themselves were valued at around $10,000. дальше »
2019-11-7 01:00 | |
China’s Updated Policy Will No Longer ‘Eliminate’ Cryptocurrency Mining
China is set to allow cryptocurrency mining. The nation hosts the four largest mining pools around the world. The Chinese government is making significant steps towards the adoption of blockchain technology. дальше »
2019-11-6 13:18 | |
Litecoin's 60% hashrate drop being balanced out by growing mining profitability
When it comes to halving in the cryptocurrency world, the ecosystem's main concern revolves around the profitability of mining and its resultant effect on the token's price. Litecoin's creator was alsThe post Litecoin's 60% hashrate drop being balanced out by growing mining profitability appeared first on AMBCrypto. дальше »
2019-11-5 13:00 | |
30% of Americans Believe the U.S. Dollar Is Backed by Gold
Genesis Mining has conducted a survey asking what the U. S. dollar is backed by. Apparently, around 30% of the U. S. public believes that the dollar is still backed by gold. The Bretton Woods system ended in 1971, and it was then that the convertibility of USD to gold was officially terminated. дальше »
2019-11-1 11:27 | |
Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. дальше »
2019-11-1 06:30 | |
Russian Official to Challenge China’s Bitcoin Mining Supremacy
A Russian company has decided to turn an aluminum plant into a crypto mining facility. The facility plans to take on China’s supremacy in bitcoin mining. If bitcoin manages to trade around $9,160, the Russian company estimates profits of up to $99 million per month. дальше »
2019-11-1 17:00 | |
Bitcoin Mining Arms Race Intensifies as UK Firm Joins Global Expansion Efforts
Bitcoin miners around the world are clearly optimistic about the future of cryptocurrency. A series of huge mining operations have come to light in past weeks, with the most recent being a 240 percent expansion of the UK-based Argo Blockchain company. дальше »
2019-10-31 14:20 | |
Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining
A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto. дальше »
2019-10-22 07:43 | |
Bitcoin Could Hit $400k After Third Halving (If History Is Any Indicator)
About every four years, the amount of Bitcoin created in the mining of a block gets cut in half. This is referred to as a ‘Halving. ’ Until now, there have been two such occasions, with the upcoming third estimated to occur around May 17, 2020. дальше »
2019-10-3 01:10 | |
Bitcoin Mining Mega Farm Burns Down, 2-Hour Block Time Recorded
Videos have been circulating on Twitter showing a Bitcoin mining farm burning down. Around $10M was lost in the fire. Dovey Wan (@DoveyWan) is reporting that a major fire at a Bitcoin mining farm in China was captured on video. дальше »
2019-10-1 20:58 | |
Iran Cracks Down on Crypto-Miners as the Government Regulates
The Iranian government has steadily been putting pressure on local crypto-miners in the past three months thanks to new legislation in the works that would regulate cryptocurrency mining via licensing. дальше »
2019-9-30 20:30 | |
Bitcoin Hashrate Bombs 30% Following Bakkt Launch, Coincidence?
The total cumulative power of the computer systems mining the Bitcoin blockchain has plummeted by around 30 percent today. The sudden downtrend started just before the launch of the much anticipated Bakkt platform yesterday. дальше »
2019-9-25 01:00 | |
Industry Analysts and Experts Say: Bitcoin Price is in Front of a Massive Move
Coinspeaker Industry Analysts and Experts Say: Bitcoin Price is in Front of a Massive MoveA couple of days ago, the price of Bitcoin failed to go past the $10,500 and now is heading for $10,000. дальше »
2019-9-16 12:39 | |
Analysts: Bitcoin to Post More Losses After BTC Flash Crash to $11,200
Youch. On Saturday, Bitcoin (BTC) was subject to the umpteenth flash crash in the past few weeks. Within a few minutes’ time, the cryptocurrency had shed $500 — around 4. 5% — to lose the key support of $11,800. дальше »
2019-8-12 21:00 | |