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BitcoinXT Opposes the Governance of Bitcoin Cash (BCH), Plans to Abandon Upcoming Hard Fork
The developers behind Bitcoin XT have recently announced that they would not follow the upcoming Bitcoin Cash hard fork. They decided to announce it via a lengthy blog post in which they spoke of their history and how they participated in the BCH network before. дальше »
2019-5-9 02:39 | |
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Binance Hacked for $40M, CEO Backpedals on Recoup Via Block Reorganization
Chinese crypto exchange Binance suffered a major hack on Tuesday, which the company’s CEO responded to by proposing a rollback of the Bitcoin blockchain to rectify — a suggestion that riled up the community. дальше »
2019-5-8 21:39 | |
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BitcoinXT Blasts Bitcoin Cash Governance, Abandons Upcoming Hard Fork
By CCN. com: Bitcoin XT developers announced late yesterday that they would not be following the upcoming scheduled hard fork for Bitcoin Cash. In a somewhat lengthy post, the developers speak of their history as big block proponents and their participation in the Bitcoin Cash network. дальше »
2019-5-8 20:17 | |
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Staking, Ethereum’s Mining Alternative, Will Be Profitable – But Barely
The new miners of ethereum 2.0 are expected to make a small but positive profit for creating new blocks and validating transactions on the network. дальше »
2019-5-8 10:00 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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Bitcoin Blocks Are Close To Becoming Full Once Again Per Latest Industry Research Report
Bitcoin Blocks Are Close To Becoming Full Once Again Bitcoin (BTC) blocks seem to be reaching a limit, leading to an increase in the fees that miners take for processing transactions. Since April 2018, the number of transactions in the Bitcoin network has been growing, reaching 452,000 transactions in just a single day a few […] дальше »
2019-5-7 21:47 | |
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Bitcoin Miners State Their Case at Fidelity’s Mining Summit: Renewable, Clean Energy at the Forefront
Bitcoin (BTC) miners have been accused of consuming large amounts of energy to process network transactions. However, they have made the case for their industry as a driver for the wider adoption of clean energy at Fidelity’s Mining Summit a few days ago. дальше »
2019-5-7 18:12 | |
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Bitcoin miners earn $305M in April as transaction fees jump 250%
Bitcoin miners earned $291 million through ‘block rewards’ in April, marking a 30-percent monthly revenue increase, reports research unit Diar. They collected an additional $14 million with Bitcoin transaction fees, 250 percent more than in March. дальше »
2019-5-7 13:29 | |
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Square Cash App “Absorbing” 10% of Bitcoin Supply Daily, 200% Projected By 2020
One of the most interesting and advantageous design aspects that pseudonymous creator Satoshi Nakamoto built into Bitcoin, was the “halving” – a pre-programmed point in time in which miners receive a reduced block reward of BTC for confirming transactions on the network. дальше »
2019-5-3 23:00 | |
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Bitcoin mining - back in (the) black
At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network. дальше »
2019-5-1 22:00 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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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. дальше »
2019-4-26 17:56 | |
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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. дальше »
2019-4-19 16:49 | |
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Five Months to Litecoin (LTC) Halving, Demand, Price and Hash Rate Soar
Litecoin prices trending higher Hash rate around ATHs at 347 TH/s against 359 TH/s The direct correlation of hash rate with prices means Litecoin network is secure as miners funnel their computing power searching for profit. дальше »
2019-4-15 20:00 | |
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BitMEX Research: Bitcoin SV miners have lost more than $2.2 million since fork
Since Bitcoin Cash ABC (BCH) and Bitcoin SV (BSV) split in November 2018, miners supporting BSV have endured estimated losses of over $2. 2 million to ensure that the fork’s network is secure. A large part of this mining is conducted by an operation owned by Calvin Ayre. дальше »
2019-4-14 10:00 | |
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Bitcoin Consumed as Much Energy as US Drivers in 3 Days Since 2009
Data assessed by Coin Metrics shows that bitcoin miners consumed as much energy as what US drivers do in three days. The Massachusetts-based crypto data analysis firm measured the total amount of hashes processed by the bitcoin network through S9 mining machines. дальше »
2019-4-12 16:18 | |
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Infographic: A Map of Bitcoin Forks
This infographic provides a schematic overview of the main Bitcoin-related “forks” that can happen and shows the most important forks that have happened. It does not provide an overview of all forks that have happened. дальше »
2019-4-8 18:08 | |
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Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
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Greedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do
A CCN reader wrote in to ask us to explain why he has 13 payments pending in the Bitcoin blockchain. The answer is simple enough: at any time, the Bitcoin main chain can become congested. The only way to ensure Bitcoin payments arrive in a very timely fashion is to either pay the highest possible fee or use Lightning Network, which is still gaining traction. дальше »
2019-4-4 21:30 | |
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Bitmain To Launch More Powerful Bitcoin Miners
In a world where Bitcoin mining is increasingly competitive, mining equipment can quickly go obsolete. As hashrate increases, the difficulty of successful block creation soars, thereby making it less profitable to secure the network. дальше »
2019-3-29 20:11 | |
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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live
After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security. дальше »
2019-3-27 19:35 | |
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New Messari Data: Bitcoin’s Blockchain Takes $7 Million Per Day to Stay Secure, ETH $2 Million
The cryptocurrency data portal Messari ha recently showed the world a new report in which it explains that the Bitcoin blockchain network costs around $7 million USD daily to be secured. According to the data gathered by the portal, this is how much is paid to miners in order to approve the proof of work […] дальше »
2019-3-26 07:25 | |
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Bitcoin Blockchain Costs Approx. $7 Million a Day to Stay Secure
It takes an average of $7 million every day to secure the Bitcoin blockchain network, according to Messari. The cryptocurrency data portal published a new screener this Monday which outlined the revenues paid to miners for top proof-of-work coins. дальше »
2019-3-25 19:33 | |
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Bitcoin’s Highest Hash Rate in 4 Months Supports Growing Optimism
Bitcoin hash rate, the computing power securing the network, has reached levels not seen since early November 2018. Bitcoin Hash Rate May Have ‘Bottomed’ March 19th saw the Bitcoin hash rate surge past 52 quintillion hashes per second according to data from Blockchain. дальше »
2019-3-20 12:00 | |
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REBGLO – A Futuristic Approach Towards Cryptocurrency Mining
In the present scenario of blockchain technology, cryptocurrency mining plays an imperative role. Miners are the ones that solve mathematical problems, generate new blocks, and verify transactions within the blockchain network. дальше »
2019-3-16 10:23 | |
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Bitcoin’s Energy Consumption Equalled That of Hungary in 2018
Bitcoin miners consumed as much as energy in 2018 as Hungary, according to Alex de Vries. The researcher at the Netherlands’ PricewaterhouseCoopers (PwC) branch studied bitcoin’s global energy consumption all across the year. дальше »
2019-3-14 16:09 | |
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Bitcoin Miners Explore Renewable Energy and Power Recycling
The narrative that Bitcoin uses as much electricity as [insert small nation’s name here] annually is almost as tired as “tulip-mania” or comparisons to the “dot-com bubble” at this point. Yes, the Bitcoin network is power-hungry but that hardly tells a full picture of its environmental impact. дальше »
2019-3-14 00:00 | |
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Bitcoin’s Impending ‘Halving’ Could Spark Meteoric Price Boom
Alistair Milne, the chief investment officer at Atlanta Digital Currency Fund, has said that the block reward halving of Bitcoin could push the price of the dominant cryptocurrency to massive gains in the next 12 months. дальше »
2019-3-9 19:47 | |
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Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February
Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. дальше »
2019-3-6 21:39 | |
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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture
In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance. дальше »
2019-3-1 03:39 | |
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Cryptocurrency Miners Exceeded $100 Million In Revenue Mining Empty Bitcoin Blocks
Miners among the most popular Proof-of-Work (PoW) networks have earned around $21 billion since each network started, Bitcoin (BTC) accounting for more than half of the earnings. Each block is currently allowing more transactions to be processed thanks to implementations such as Segregated Witness (SegWit). дальше »
2019-2-26 18:55 | |
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Ethereum Blockchain Hashrate Analysis Sees Downward Spiral in Power Continue Ahed of Upgrade
The Constantinople hard fork in getting closer and closer to happening after being postponed due to a bug in the update. In response to this, the mining hash rate is declining by the day as miners await the hard fork. дальше »
2019-2-25 17:14 | |
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Best Bitcoin Mining Pools 2019
Mining is a crucial part of any Proof-of-Work protocol and is integral in maintaining the decentralized, secure nature of a blockchain. Bitcoin employs a typical PoW algorithm which has miners maintaining and verifying the network, making sure that the network is secure, democratic, immutable, trustless, and in theory more scalable than the average centralized database. дальше »
2019-2-24 14:59 | |
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Ethereum Miners Receive Over $300k in Fees for a Transaction of $14
An Ethereum (ETH) user is probably counting his losses as the Ethereum network charged him a staggering fee of over 2100 ETH to send $14 worth of ETH. While this may seem like a mistake, the user’s account is said to be very active and so chances of making such a mistake are really slim. дальше »
2019-2-20 09:15 | |
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Bitcoin Miners Revenue Hits 2 Year Low as Total Transaction Fees See 5 Year Lows
Bitcoin (BTC) miners and their revenue is hitting a new near 2-year-low. This is very important for the network that is growing and expanding all over the world. One of the first noticeable effects of this revenue drop for miners is that transaction fees are lower. It is becoming very cheap to transact Bitcoin on […] дальше »
2019-2-19 02:17 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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