Mining

Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin.Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its resilience as it has withstood a long list of challenges like growth, performance, and security issues over the years.Key Takeaways From 5 Years of PoWThe...

There appears to be a running theme of mixing politics with crypto, and the latest example comes by way of former Ron Paul campaign manager Craig Bergman.Bergman Sees Crypto in a New LightBergman was the political director for the Ron Paul 2008 presidential campaign. Since exiting the political spectrum, he has served as the president and CEO of a cryptocurrency mining company called Vortex Blockchain Technologies Inc. At the time of writing, the company currently focuses on mining bitcoin...

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...

There has been very little action on crypto markets over the past 24 hours. The majority of high cap coins are cooling off again following minor movements over the weekend.Bitcoin is no exception, remaining range-bound as the tedium continues. BTC managed to top $9,300 again a few hours ago but has since declined back below $9,180, which is still within its channel of consolidation.The longer-term support zone is at the $8,800 level, so a break below this could see things go south very...

Bitcoin (BTC) mining difficulty has reached a new record high of 17 trillion. However, the price stays at the same levels without changes.Bitcoin (BTC) mining difficulty has reached a new record high. It comes after last week’s record high of the hash rate. Bitcoin (BTC) hash rate saw a record increase of +9.89% to slightly over 17 trillion. It comes after a recent malaise at Bitcoin price. BTC prices haven’t moved much in the past few days.This situation is bound to change soon. Price is...

Gestern hat die Hash Rate des Bitcoin ein neues Allzeithoch erreicht. 147.88 Exahash wurden gestern pro Sekunde gemessen, wodurch sich die Rate innerhalb von nur einem Jahr mehr als verdoppelt hat. Im Vergleich zu 2017 hat sie sich sogar verzehnfacht.Bitcoin News: Bitcoins Hash Rate klettert auf HöchststandDas Netzwerk wirkt immer stabiler und erreicht nun einen neuen Rekord bei der Hashrate.#bitcoin hashrate just reached an .The the hashrate, the more the network is....

Despite speculations that miners may abandon ship following the 2020 Bitcoin halving, the network’s security has been primarily increasing, and the hash rate reached a new ATH days ago.In response, the network increased the mining difficulty earlier today by almost 10%, reaching a fresh all-time high as well.Bitcoin’s 10% Difficulty EnhancementUpon creating the Bitcoin network, Satoshi Nakamoto introduced a self-sustaining feature that allows it to make significant adjustments depending on...

Kazakhstan-based mining provider Xive announced mining capacities empowerment and the launch of an updated site on the 9th of July. On xive.io website you can buy a fast mining contract starting from $4.55, pre-order mining powers or even become a partner of the company by filling out an application for the equity purchase. Besides hashpower sharing, Xive offers its clients mining hardware accommodation starting from $0.042 per kWh. For its clients Xive offers low upkeep costs, customer...

Le gestionnaire d’actifs Fidelity Management and Research vient d’acquérir 10% de Hut 8 Mining Corp, société canadienne spécialisée dans le « minage » de bitcoin. Hut 8 gère deux sites dans la province canadienne de l’Alberta (à Medicine Hat et Drumheller) pour une puissance totale annoncée de 107 MW et une « production » de 952 petahashes par seconde. Source : sedar.com ...

Bitcoin Mining Rechenpower: Kasachstan schliesst zu China, Russland und USA auf. Im Jahr 2018 waren die weltweiten Nachrichten von der Kryptowährung Bitcoin geprägt. Rasante Kursanstiege sorgten für Aufsehen und immer mehr Anleger interessierten sich für die Kryptowährung. Anders als bei herkömmlichen Währungen, bei denen offizielle Notenbanken Geld mit speziellen Maschinen...