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Nalezeno "Bitcoin network": 344

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

28.9.2022
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 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining...

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

24.9.2022
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 last year, Foundry USA and Antpool were the top two miners as the combined pools collectively mined 18,229 blocks out of the 53,510 blocks mined this year. Foundry...

Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break

20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...

Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block

18.8.2022
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records...

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

12.8.2022
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the...

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2

4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....

Bitcoin network activity decline suggests longer bear market: Glassnode

2.8.2022
Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases

Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

23.7.2022
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards

Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

5.7.2022
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

25.6.2022
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power

Binance Reveals Incident That Forced It to Freeze BTC Withdrawals

14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...

Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals

14.6.2022
Major crypto exchange Binance has shared that they had been repairing "minor hardware failures" yesterday, which resulted in "a stuck transaction", which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours.... Read More: Binance...

Bitcoin network difficulty falls 4.3% to 29.897T, biggest drop in 10 months

28.5.2022
The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high

Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

15.5.2022
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities...