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Crypto Mining

Bitcoin mining difficulty adjusts over 13%, the highest since May 2021

The Bitcoin network has reached its all-time high in terms of hash rate, surpassing most projections.The network’s total hash rate currently stands at...
Crypto Mining

Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year – Mining Bitcoin News

According to countdown statistics based on the average block generation time of around ten minutes, progress toward the next Bitcoin block reward halving...
Crypto Mining

Bitcoin miners capitulation passes, but spiking hash rate keeps pressure on

On October 3, the Bitcoin hash rate soared to a new all-time high of 244.25 EH/s. Commenting on this, Binance CEO Changpeng Zhao...
Crypto Mining

Bitcoin mining pool Poolin in distress following liquidity crisis

The Bitcoin mining pool Poolin on Sept. 6 announced liquidity problems and subsequently suspended withdrawals, flash trades, and internal transfers from its network.Mining...
Crypto Mining

Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas – Mining Bitcoin News

YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual...
Crypto Mining

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies – Mining Bitcoin News

New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been...
Crypto Mining

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months – Mining Bitcoin News

Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height...
Crypto Mining

Usage of non-renewable energy in Bitcoin mining increased by 13% in 2021

The Cambridge Centre for Alternative Finance (CCAF), which tracks the electricity consumption of Bitcoin (BTC) mining, added the sources of...
Crypto Mining

Miners flee PoW tokens as token prices tank, GPU value flounders

Crypto miners who initially flocked to GPU-compatible proof-of-work tokens after the Ethereum (ETH) Merge are fleeing those networks after the...
Crypto Mining

While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years – Mining Bitcoin News

The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have been mined into existence. During the...
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