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Bitcoin hash rate surpasses 400EH/s marking a milestone as seasonal shifts in energy costs emerge as a player in mining economies

Quick Take The Bitcoin hash rate has recently surpassed the 400EH/s mark, a notable milestone in the cryptocurrency landscape. According to Pierre Rochard, VP of Research at Riot Platforms, this upswing in Bitcoin’s computational power coincides with the end of summer, a period typically associated with heightened pressure on energy grids due to high electricity […] The post Bitcoin hash rate surpasses 400EH/s marking a milestone as seasonal shifts in energy costs emerge as a player in mining economies appeared first on CryptoSlate. дальше »

2023-9-13 14:00


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Bitcoin Spark: Igniting a New Era of Cryptocurrency with Stellar Performance

Fintech, including payment systems and monetary transfers, has become popular thanks to blockchain technology. The blockchain ecosystem significantly lowers trading and money transfer costs. Cryptocurrencies like BTCS and XLM have recently had a tremendous run with an imminent outburst and soaring digital assets’ prices with the incoming bull market. What is Stellar? Stellar is a […] дальше »

2023-8-30 20:26


Drowning In Complexity: Bitcoin Miners Submerged By Soaring Mining Difficulty

Bitcoin miners face mounting challenges as the difficulty adjustment in Bitcoin (BTC) mining continues to impact profitability and an energy crisis disrupts operations.   Created by Satoshi Nakamoto, the difficulty adjustment protocol aims to maintain an average interval of 10 minutes between new blocks, affecting the mining process and costs. дальше »

2023-8-10 12:50


Bitcoin adjusts positively amid Texas heat wave, soaring energy costs

Quick Take Bitcoin’s positive difficulty adjustment of 0.12% marks the 12th of 17 such changes this year, demonstrating its resilience in the face of fluctuating energy costs. The positive adjustment comes at a time when Texas, a prominent hub of Bitcoin mining, grapples with soaring electricity prices resulting from an ongoing heatwave, as per CBS […] The post Bitcoin adjusts positively amid Texas heat wave, soaring energy costs appeared first on CryptoSlate. дальше »

2023-8-9 15:57


Binance France records €4 million loss in 2022, optimistic for profit in 2023

Binance France first audited financial records covering 14 months between when the company was created in November 2021 to December 2022 showed that the exchange recorded a loss of €4 million. Throughout the period, Binance France incurred total expenses of €14 million to cater for its staff payroll, marketing, administrative costs, taxes, and professional fees. дальше »

2023-7-22 02:47