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'Epic sat' mined from fourth Bitcoin halving block sells for $2.1M
26.4.2024
One satoshi is currently worth $0.00065 — but some sats hold inherent “collectible value” in the Bitcoin ecosystem, cryptocurrency exchange CoinEx Global explained
Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History
23.4.2024
Investors spent more than 37.7 Bitcoin, worth $2.4 million, in fees to claim their spot on the 2024 Halving Block, making it the most expensive block ever mined.
The post Bitcoin Users Spend Record $2.4M in Fees to Be a Part of Bitcoin Halving History appeared first on Cryptonews
Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards
20.4.2024
At 8:12 p.m. ET on Friday., April 19, 2024, the Bitcoin network marked its fourth block reward halving at block height 840,000. Block 840,000 was mined by Viabtc, securing the notable ‘epic satoshi’ for the fortunate mining pool and a 3.125 BTC reward. The Halving Is Now Complete...
Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month
27.3.2024
On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins originating from the same year. For the third instance...
Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity
18.3.2024
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more...
The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered
10.3.2024
Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from...
Mega Whale Resurfaces: 1,000 Vintage Bitcoins From 2010 Moved as BTC Peaked at $69,210
6.3.2024
On March 1, 2024, an infamous and vast bitcoin mega whale moved 2,000 vintage bitcoins from 2010 and now, four days later, on March 5—the day bitcoin hit its peak value of $69,210 per coin—the same entity transferred another 1,000 bitcoins from 2010. 2010 Bitcoin Whale Moves Millions...
Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M
1.3.2024
Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single block. Since March 2020, this entity has relocated a whopping 16,000 bitcoins that...
Core Scientific Becomes North America’s Largest Listed Bitcoin Producer, Generating 19,274 BTC in 2023
1.2.2024
Core Scientific has cemented its position as the largest listed Bitcoin (BTC) producer in North America, generating an impressive 19,274 BTC in 2023. In a recent post on X (formerly Twitter), the crypto miner said 13,762 BTC were mined by the company itself in its state-of-the-art data centers...
Swan Bitcoin Expands into Mining, Plans Public Listing
26.1.2024
Swan Bitcoin, a firm specializing in Bitcoin-focused financial services, has recently launched its bitcoin mining unit named Swan Mining. According to Swan Bitcoin’s recent announcement, the “stealth mode” Swan Mining began operating in Summer 2023 and has already mined 750 Bitcoins to date....
Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry Expansion
25.1.2024
The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday its anticipation of achieving 8 exahash per second (EH/s) by March 2024. Up to this point, Swan’s mining subsidiary has successfully...
Shiba Inu and Dogecoin Face Tough Conditions as NuggetRush Reaches $1.5 Million Raised
7.1.2024
TLDR NuggetRush emerges as a promising player, raising over $1.5 million in its presale and offering a captivating play-to-earn game. Shiba Inu faces a decline in network activity with Shibarium, marked by a significant drop in daily transactions. Dogecoin encounters potential trouble as miners...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin’s Blocks
31.12.2023
Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 months. Additionally, miners navigated through a total of 27 difficulty...
Study Observes Consolidation of Bitcoin Mining Rewards With Antpool
28.12.2023
In a significant shift within the bitcoin mining landscape, Antpool’s resurgence in 2023 has marked a notable trend in the consolidation of bitcoin rewards, surpassing Foundry USA in blocks mined. The Miner Mag’s recent analysis reveals that Antpool, along with other major pools,...
Bitcoin Mining Pool Ocean Successfully Mines Third Block in Ongoing Decentralization Quest
27.12.2023
Ocean succeeded in mining their third Bitcoin block, showing the decentralized mining pool’s capabilities. Image by Kerem Goktug Kaya, Adobe Stock. The decentralized Bitcoin mining pool Ocean reached a new milestone this week by successfully mining its third block ever. According to data from...
Over 1,000 Bitcoins from Satoshi Era Mined in 2010 Moved to Trading Desks
7.12.2023
Source: Pixabay / Michael Wuensch Nearly 1000 Bitcoin (BTC) worth over $43 million were moved earlier this week after more than 13 years of dormancy, on-chain analysis shows. In a report shared on Wednesday, blockchain analytics platform CryptoQuant noted that a Bitcoin address received 999 BTC...
Satoshi Era Bitcoin Awakens: 2010 Block Reward Moves 3 Days After Mega Whale Activity
7.12.2023
After the notable appearance of a mega whale on December 4, another block reward from the Satoshi era was moved on December 7, at a block height of 820,156. This transaction marks the 21st block reward from 2010 to be spent in the initial week of December. Sleeping Bitcoin Stash Stirs After...
Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth $41M From String of 2010 Era Addresses
5.12.2023
Emerging from obscurity since 2021, a prominent bitcoin whale, originating from the 2010 period, has recently transferred 20 block rewards, equivalent to 1,000 bitcoins valued at $41.87 million based on present exchange rates. This is not the whale’s first such activity; they have previously...
Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race
1.12.2023
Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool...