2020-8-4 11:00 |
Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever. origin »
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The network difficulty for the Bitcoin network spiked over 9. 8% on Monday bringing the difficulty to its highest point ever. The record high of 17. 35 trillion makes it much harder for bitcoin miners to profit.
2020-7-15 22:50 | |
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The Bitcoin hashrate, a key metric representing the net processing power of the Bitcoin network, reached a new all-time-high earlier on Tuesday. At a seven-day average of 123. 4 EH/s, this new milestone signifies that miners are pledging more power than ever to secure the network.
2020-7-8 22:58 | |
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Ever since the Bitcoin halving on May 11th, investors have been fearing a widespread “miner capitulation. ” A miner capitulation is an event in the cryptocurrency market when many miners of BTC become unprofitable.
2020-6-1 15:00 | |
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Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners.
2020-5-21 23:44 | |
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The Bitcoin halving finally happened this week, cutting the reward miners receive in BTC for their efforts by 50%. The event has been widely expected to influence Bitcoin price in a positive way. However, miners aren’t following the plan and instead are dumping more BTC than ever on the market. Bitcoin Halving Is Here, But...
2020-5-14 23:00 | |
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According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling.
2020-3-27 20:45 | |
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Less than two months before the halvening, the price of bitcoin has more than halved. But this according to CoinShares’ Head of research, Christopher Bendiksen, is a “perfect prelude because the end effect on miners is the exact same.
2020-3-20 21:59 | |
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The block reward halving from 25 to 12. 5 LTC per block was expected to be a bullish fundamental event for the network, but the exact inverse has occurred. Ever since price failed to take off post the halving, hashrate has declined 68 percent from the top as miners turned their back on the network, DecemberRead MoreRead More.
2019-12-3 14:00 | |
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Last week, Crypto Twitter erupted with reports that “miners capitulated. ” Indeed, the Bitcoin Hash Ribbons — an indicator tracking the health of the network’s hash rate — saw a bearish crossover, with the short-term moving average crossing below a long-term one, signaling that miners have stopped expanding their farms.
2019-11-19 08:24 | |
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Ethereum Blocks Filling Up As covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners...
2019-9-29 03:23 | |
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The hash rate of Bitcoin (BTC) has finally reached a historic new high: 100 quintillion hashes per second (EH/s). This large number was never before reached in the history of the token, which shows that there are now more miners in the market than ever before.
2019-9-17 03:30 | |
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Bitcoin miners are producing a higher hashrate than ever as new hardware comes online, and SegWit is keeping pace — counting for 50 percent of total network activity. The post Bitcoin Hashrate, SegWit Transactions Continue to Reach All-Time Highs appeared first on Bitcoin Magazine.
2019-9-18 21:28 | |
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New data from Coin Metrics shows that the cumulative Bitcoin mining revenue has broken the $14 billion mark. This shows that despite the rising hashrate, miners are making more money than they have ever made.
2019-8-26 18:02 | |
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Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy.
2019-7-20 04:30 | |
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The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.
2019-7-9 17:17 | |
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Price Update: Bitcoin Stabilizes Around $11,000 Ever since hitting $13,800 last month, Bitcoin (BTC) has been subject to a bit of market turmoil. Shortly after hitting the aforementioned price point, which marked the highest the.
2019-7-7 14:30 | |
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One of the most anticipated events in today’s cryptosphere is the upcoming Bitcoin halving. A halving is a compulsory reduction in Bitcoin miners’ block rewards, which takes place after every 210,000 blocks are produced – usually every four years.
2019-6-17 19:23 | |
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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.
2019-4-27 21:31 | |
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Ever since Bitcoin’s break of its parabolic advance in December 2017, the entire crypto market has been locked in a brutal bear market that’s resulted in companies going under, widespread layoffs, and investors and miners capitulating.
2019-3-21 23:00 | |
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In a surprising revelation, it has come to light that the second biggest miners of crypto are college students who make use of university’s free electricity, as reported by PC Mag on March 5, 2019. Free for All Anyone who has ever tried to mine cryptocurrency will know that besides the specialized equipment sometimes neededRead MoreRead More.
2019-3-7 06:00 | |
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Since it came to life in early 2009, Bitcoin has begun disrupting the world of finance. Over the years, this decentralized digital currency came to mean different things for different people.
2019-2-18 18:30 | |
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According to a recent report from various news outlets is that miners on the Bitcoin blockchain are mining some of the biggest blocks on record. More specifically, it was reported that, on February 12th this year, there was an average block size of 1.
2019-2-15 23:10 | |
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The so-called 51% attacks are among the major security threats to digital currencies as they allow enable perpetrators to control the network and all transactions passing through it. What Is a 51% attack? Cryptocurrencies are bolstered by blockchain technologies or distributed ledgers which store information about all transactions ever made in a network.
2019-2-7 21:00 | |
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A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.
2018-11-27 21:38 | |
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The current state of the cryptocurrency markets can be compared to the free-fall experienced due to gravity when someone jumps out of a plane before deploying a parachute. Ever since the 14th of November this year, the value of BTC has fallen from levels around $6,300 to current levels of $4,500.
2018-11-20 16:13 | |
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On Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions.
2018-11-10 19:55 | |
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By Patricia Bajis Ever since 2009, coders, developers and your computer-savvy friends have been mining cryptocurrencies in order to gain the currency themselves. With the cap of the amount of Bitcoin in the world being 21 million, miners are seeing diminishing returns on their work as we approach the cap and more people join in […] What is a GPU and What Role Does It Play in Mining Cryptocurrencies? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-10-20 13:08 | |
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A blockchain analyst observed this week that one of the earliest miners of Bitcoin (BTC) has been cashing out a crypto fortune (approx. 30,000 bitcoins) up until the height of crypto mania in January 2018 when the digital gold was trading near $20,000 USD.
2018-9-29 23:00 | |
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Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.
2018-9-26 02:13 | |
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About 8 years ago, in 2010, GPU entered the mining stage and outperformed CPU, leading to stock shortages at some point. In 2018 we are facing a new global trend: ASIC miners, which first appeared in 2013 and have been gaining popularity ever since, are the latest word in crypto mining.
2018-9-15 17:31 | |
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Ethereum Classic (ETC) has been in a downtrend against Ethereum (ETH) ever since its inception. The weekly chart above for ETC/ETH shows that from the beginning of 2017 until the month of July this year, Ethereum Classic (ETC) had been trading in a falling wedge against Ethereum (ETH).
2018-9-11 17:00 | |
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As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.
2018-8-22 22:53 | |
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While the Bitcoin hashrate is as high as ever, farms and rigs are being sold off, with a pessimistic attitude to the future of crypto.
2018-8-15 14:21 | |
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The regulators have awoken. SEC Director William Hinman introduced novel concepts to the securities law analysis such that sellers of digital assets may have an escape valve.
2018-8-10 22:24 | |
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Bitcoin [BTC] has broken all the hashrate records ever since its inception. The hashrate of the top cryptocurrency has been witnessing a continuous increase whereas the mining profit has been fluctuating over the years.
2018-8-8 04:58 | |
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Chinese mining company Bitmain has announced it is exploring new policies that will boost the company’s transparency and communication with the cryptocurrency community.
2018-7-26 19:33 | |
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The following is a diagram from a slide that I made in one of my presentations at Cornell this week: </img> If there was one diagram that could capture the core principle of Casper’s incentivization philosophy, this might be it.
2018-7-21 23:03 | |
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Bitcoin, in its nine years of existence, has steadily gained traction, defining itself as a new digital gold. Early adopters of this technology have shown excitement for the potential of this inflation-proof sound money.
2018-7-14 00:48 | |
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Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills