2023-2-11 17:00 |
The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth. origin »
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A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about the history of cryptocurrency mining, going from its roots to the current state of the mining industry.
2021-7-20 09:30 | |
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Following the largest mining difficulty drop in Bitcoin’s history, this weekend will once again see another slide, but less than 6% of the difficulty will be shaved. Statistics show Bitcoin’s hashrate has been able to climb higher since the difficulty drop two weeks ago, and climbed above 100 exahash per second (EH/s) this week. This […]
2021-7-17 01:30 | |
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The largest drop in Bitcoin mining hash power in history – 38% to 49% in total was experienced last week. The event has so far seen 50% of cryptocurrency miners going offline or migrating from China in huge numbers, but is, however, not forcing these miners to spend their accumulated Bitcoins as would be expected. […]
2021-7-6 16:47 | |
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Bitcoin could possibly be at one of the most important moments in its history. The mining sector located in China was forced to migrate due to new regulations. These entities are responsible for protecting the network and their actions can be felt throughout the entire crypto industry.
2021-7-6 20:56 | |
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Bitcoin mining difficulty has seen its biggest downward adjustment in history as it drops 28% The post Biggest Downward Adjustment in History Sees Bitcoin Mining Difficulty Drop 28% appeared first on BeInCrypto.
2021-7-3 14:38 | |
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Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop considerably during the last two weeks. On Saturday, July 3, the network’s mining difficulty will see the largest epoch drop in history as the difficulty is set to slide by more than 27%. Bitcoin Difficulty Expected to Drop […]
2021-7-3 05:00 | |
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Bitcoin mining difficulty, an attribute of Bitcoin that indicates how challenging it is to mine a new block, is poised to plunge by more than 25%. This historic drop comes as the out-turn of China’s rigorous crackdown on cryptocurrency mining — which, for the most part, affected Bitcoin.
2021-6-30 19:54 | |
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Miners led the charge to one of the biggest sell-offs in recent history, and no one is paying attention to this change in the dynamic of bitcoin hash rate distribution. With China getting serious and banning mining activities in Sichuan, they essentially wiped out 90% of total bitcoin mining activities and forced miners out of […] The post Chinese miners initiated the recent sell-off, on-chain data suggests aggregate flows are at an all-time high appeared first on ItsBlockchain.
2021-6-28 15:40 | |
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As the cryptocurrency industry continues to grow, companies are busy launching innovative and interesting products that go with the tides. Daymak Inc. , a pioneer in personal Light Electric Vehicles (LEVs), will make history by becoming the first company to produce a crypto mining electric vehicle.
2021-6-2 13:06 | |
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Just as the Ethereum on-chain USD transaction fee hit its second-highest level in history this week at $47.3 million, miners have increased the gas limit from 12,500,000 to 15,000,000. The post Top Ethereum Mining Pools Increases Gas Limit to 15 Million (20% Increase) first appeared on BitcoinExchangeGuide.
2021-4-22 15:26 | |
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Largest token burning event in crypto history followed massive KFI mining campaign
2021-3-27 18:56 | |
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A return to proof of work mining, a blockchain built to be fork resistant, and the chance to develop in multiple programming languages. Lessons from history — and an eye to the future.
2021-2-25 18:23 | |
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Bitcoin mining fundamentals are growing stronger as miners are making a killing from higher BTC price
2021-2-13 13:39 | |
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One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village.
2020-12-16 15:05 | |
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The Bitcoin network has re-adjusted its mining difficulty, slashing it by 16 percent, the second-largest negative change in the platform’s history, GlassNode data on Nov 3 shows. The Bitcoin mining difficulty now stands at 16.
2020-11-4 13:00 | |
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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.
2020-11-4 07:30 | |
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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.
2020-8-15 16:14 | |
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Ethereum fees set a new record high as mining profitability reaches a two-year high
2020-8-13 17:42 | |
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Miners now face the fourth-most difficult two-week mining period in Bitcoin's history, even though it's only been a little over a month since the halving.
2020-6-17 20:02 | |
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In early May, bitcoin underwent halving, the third in the network’s history. This means that the mining rewards were reduced from 12. 5 BTC to 6. 25 BTC. As a result, there are now fewer bitcoins being produced daily which are not enough to satisfy the demand.
2020-6-10 01:33 | |
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Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash...
2020-5-24 01:00 | |
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Bitcoin's third halving, a once-every-four-years occurrence and the most anticipated event this year in the cryptocurrency industry, has finally happened.
2020-5-12 22:26 | |
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The market interest in bitcoin mining has grown significantly over the past four years. The hashrate jumped almost 100-fold since the previous halving.
2020-5-12 14:12 | |
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The machines that maintain the Bitcoin network have undergone rapid technological development. Here's a detailed look at that evolution and at what might lie ahead.
2020-4-27 12:43 | |
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The difficulty of mining Bitcoin has dropped by more than 10 percent for the fifth time in the asset’s history. It previously marked the bottom of BTC, but not every time. In the first week of December 2018, the difficulty of Bitcoin mining dropped by 15.
2020-3-27 20:54 | |
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Competition among Bitcoin miners has eased up, as the recent price drop thinned the herd, fresh data shows
2020-3-26 06:26 | |
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As the third Bitcoin halvening approaches, a handful of OGs will wistfully recall the first such event, which occurred in November 2012. Back then, following the completion of block 210,000, the mining reward halved from 50 to 25 BTC.
2020-2-26 00:20 | |
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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.
2020-1-18 21:20 | |
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Eleven years ago, Bitcoin was etched into history with the mining of the Genesis Block. Here’s a data-driven look at how it has grown since last year. The post Happy Birthday Bitcoin! Here’s a Look at Bitcoin’s 11th Year by the Numbers appeared first on Bitcoin Magazine.
2020-1-4 23:51 | |
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There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin network.
2019-12-10 10:30 | |
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On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.
2019-12-6 19:41 | |
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GRIN was launched in January 15, 2019, and was one of the most hyped launches in the history of cryptocurrency. The altcoin employs a new mining algorithm called MimbleWimble and, similar to Bitcoin, the publisher of the whitepaper remained anonymous.
2019-10-15 14:55 | |
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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.
2019-10-3 01:10 | |
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Mining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of PoW crypto networks, from major coins such as BTC and BCH to obscure altcoins such as monero classic and “zelcash.
2019-9-16 17:41 | |
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Mining difficulty could be an indicator for predicting BTC prices. All three of the major bull runs in Bitcoin’s history started after mining difficulty reached its bottom, meaning the market could see robust gains this year, says crypto researcher PlanB.
2019-8-25 21:54 | |
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Craig Wright’s claims of using between 60 and 100 computers to mine Bitcoin in January 2009 were debunked by crypto researcher SeekingSatoshi. The low hash rate recorded in Bitcoin’s earliest days showed that Wright simply couldn’t have used that many machines to mine the researcher said, uncovering yet another layer of potential lies told by […] The post Researcher debunks Craig Wright’s claims of heavy Bitcoin mining during BTC’s early history appeared first on CryptoSlate.
2019-8-10 02:49 | |
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According to court documents freshly re-leaked on Twitter, Craig Wright has given two widely diverging stories on his history of mining Bitcoin in the early at the turn of the last decade. Quick note on Craig Wright, mining & trusts.
2019-7-14 15:04 | |
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According to court documents freshly re-leaked on Twitter, Craig Wright has given two widely diverging stories on his history of mining Bitcoin in the early at the turn of the last decade. Quick note on Craig Wright, mining & trusts.
2019-7-13 15:04 | |
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Hut 8 Mining, one of the world’s largest public cryptocurrency mining companies by operating capacity, announced today that for the this year’s second quarter it has mined 2,816 bitcoin (BTC) and has retained bitcoin of 3,250, both the highest quarterly amount in Hut 8’s history. For the second quarter of 2019, Hut 8 mined 2,816 […]
2019-7-9 19:36 | |
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The technical infrastructure of the Canadian province has been in place since the turn of the century. And much like several states from its border partner just South, many of these relics of the industry are going to waste.
2019-5-24 21:00 | |
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The notion that anyone could solo mine bitcoin – on a CPU no less – seems positively quaint today. But in 2010, this method wasn’t just possible – it was the norm. With an exponentially lower hashrate, less competition and a 50 bitcoin block reward, there was enough pie for everyone to get a bite.
2019-5-19 14:30 | |
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The cryptocurrency market’s rapid movement towards mainstream adoption has been an ongoing process, with several factors like mining and hedging coming into play. The cryptocurrency market’s bear run, which is the longest in its recorded history, has not managed to cull the interest among users who wish to delve deeper into the functionalities of the […] The post Bitcoin [BTC] and Ethereum [ETH] mining difficulty predicted to rise by double digits, claims report appeared first on AMBCrypto.
2019-5-1 21:30 | |
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Part 1 of the history of the Chinese tryst with the cryptocurrency industry. China has always been a focal point in the realm of cryptocurrency and blockchain technology. From being the once hub of cryptocurrency exchanges to the mining center of the world, China has seen its dominance in the decentralized currency game decline due […] The post Taming the Chinese Dragon: How has the virtual currency market responded to Beijing’s crypto-crackdown? appeared first on AMBCrypto.
2019-4-15 16:45 | |
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Chinese miners are confident that crypto currencies provide a strong profit opportunity not only for mining even after Bitcoin suffered one of the most important falls in its history. According to an article published by.
2019-3-2 00:25 | |
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Cryptocurrency enthusiasts of Bitcoin have been concerned lately over the halvening of the mining rewards, even though this milestone is not expected to be reached for over a year. However, this focus has left everyone’s backs turned to Ethereum.
2019-2-13 04:00 | |
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On Monday, Coinmetrics. io published a study looking at hashrate history of the most competitive BTC mining pools. The research from the open source cryptocurrency analytics site reveals interesting insights into how the mining ecosystem has evolved over time.
2019-1-8 18:10 | |
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October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.
2019-1-3 07:14 | |
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Aside from mining, the only way to obtain bitcoin in the very early days was by trading it on forums or IRC. This arrangement relied on the other party fulfilling their side of the deal, since there were few escrow services back then.
2018-12-25 09:45 | |
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Exchange desk Binance wants to introduce you to the basics of cryptocurrency and blockchain with its latest offering. The company has launched its own education platform to help users get more familiar with the technology.
2018-12-12 15:06 | |
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Marathon Digital (MARA) has disclosed its mined 93 million KAS worth $15 million. The Bitcoin miner says the operation is part of its diversification of its revenue streams. Marathon to deploy full 60 petahash of KAS power in Q3, 2024.
Choosing the best Bitcoin mining software starts with research. Mining BTC can still be profitable in 2018 but you'll need to have the right setup. The post The Best Bitcoin Mining Software appeared first on CoinCentral.
Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.
USBTC to host 8,500 miners belonging to Celsius at its Alpha Site. Hashrate of these machines is estimated to be 820 petahash (PH). Us Bitcoin Corp expects to be managing over 310,000 miners in total.
After the July 19 circular, it is illegal to engage in any cryptocurrency activities in Kuwait. Kuwait has joined Thailand, Indonesia, and Turkey to ban crypto activities. Violators are to face penalties as stipulated in Kuwait’s AML and terrorist financing laws.
Critics of bitcoin mining have raised concerns about the amount of energy it consumes and its associated carbon emissions. This has led some to label crypto mining as an environmental hazard, with North Carolina joining Texas in taking steps to regulate power usage.