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Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
29.9.2024
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024...
Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848
26.9.2024
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....
Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
11.8.2024
Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to shift downward between 4% to 5.3% on Aug. 14. Bitcoin’s All-Time High Difficulty Faces Estimated Reduction Bitcoin miners may get some relief in three days when...
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
7.7.2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty...
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
24.4.2024
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level of 88.10 trillion. Bitcoin Miners’ Strength...
Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign
18.3.2024
Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market.
The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews
MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns
11.3.2024
BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and shrinking reserves.
The post MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns appeared first on Cryptonews
Bitcoin miners look to go through the next Difficulty Adjustment
27.2.2024
Bitcoin Miners are looking at the potential decrease in difficulty. It is anticipated that the next adjustment will happen on February 29, 2024. The initial was on January 20, 2024, with a drop of 3.9% at the block height of 826,560. Increases in prior and subsequent adjustments have been 1.65%...
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
26.2.2024
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to...
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of Upcoming Difficulty Adjustment
1.2.2024
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA) peaking at 566 exahash per second (EH/s) as of Jan. 30, 2024. Despite experiencing a slight decline in mid-January, the network’s hashrate is on an upward trajectory,...
Bitcoin Price Prediction: Dips to $43,000 as CBOE Pulls ETF Amid Economic Shift
31.1.2024
In the dynamic world of cryptocurrencies, Bitcoin’s price approaches the $43,000 threshold, marking a decline of over 1.25% on Wednesday. This adjustment in price occurs against the backdrop of significant market and regulatory news. The CBOE Exchange has retracted its application for...
Bitcoin’s Hashrate Rebounds From January Dip as Miners Eye Upcoming Difficulty Adjustment
27.1.2024
Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline occurring in mid-January. This decrease was primarily attributed to the severe cold in Texas, leading many miners to pause their operations temporarily. By Jan. 21, 2024,...
Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas Cold Snap
20.1.2024
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion, with the next adjustment anticipated on Feb. 4, 2024. Bitcoin Difficulty...
Ethereum’s Vitalik Buterin Proposes Gas Limit Increase
13.1.2024
Amidst escalating transaction fees, Ethereum’s Vitalik Buterin has suggested a substantial gas limit increase, potentially boosting network capacity and reducing user expenses. Ethereum’s Vitalik Buterin Advocates for Higher Gas Limit to Improve Network Capacity Ethereum ecosystem...
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
6.1.2024
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts witnessed in 2023, including a total of 20 increases....
Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges
27.12.2023
Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by 10.26%. Bitcoin’s Year: 20 Ups, 7 Downs Total...
Bitcoin Difficulty Set for Upturn Amid Escalating Hashrate and Soaring Miner Fees
16.12.2023
After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The seven-day average hashrate reached a low of...
Bitcoin Miner CleanSpark Shifts to Neutral in JPMorgan’s Ratings
11.12.2023
Source: AdobeStock / Photocreo Bednarek The major Wall Street investment bank JPMorgan has adjusted its price targets and ratings for several Bitcoin mining stocks, including CleanSpark and Riot Platforms. The adjustment in ratings came in response to the recent surge in Bitcoin’s price and...