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Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Environmental Impact of Cryptocurrency Mining: Challenges and Solutions
6.9.2024
Cryptocurrency mining has surged in popularity as digital currencies like Bitcoin and Ethereum have gained traction. While mining plays a […]
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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 Price Prediction Amid Mining Challenges, Trading Lulls, and Upcoming Economic Data
29.8.2023
Bitcoin, the pioneering cryptocurrency, currently trades at $26,111, marking a modest increase of nearly 0.25% as of Tuesday.
This price movement unfolds against a backdrop of mounting challenges in the Bitcoin mining sector, where miners grapple with soaring difficulty levels and hash rates that...
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...