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Relief to Bitcoin Miners as Difficulty Set For Largest Drop in Five Months


Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty. The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down...

Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners


As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business. Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...

Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news After five consecutive increases, the Bitcoin mining difficulty dropped by 0.38% on February 25, and is estimated...

Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners


During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...

Localcryptos Lets You Cash Out BTC P2P – Minus the KYC 


If you’ve ever had a sudden need for fiat while all in crypto, you’ll understand the difficulty of cashing out without KYC-ing away your identity and that of your unborn children. Localbitcoins is now an AML hellhole, Bisq is great if you’re happy to wait two days for a trade...

How Is Bitcoin Cash Different From Bitcoin Core?


The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this...

Developer Proposes Decentralized Bitcoin Hashrate Derivatives


There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory...

Pre-Bitcoin Halving Race Pushes Mining Difficulty to Record High


As Bitcoin (BTC) mining difficulty and hashrate are reaching new all-time highs, the Cryptoverse is discussing the meaning behind it, and it seems unlikely that the miners are capitulating ahead of the Bitcoin mining reward halving in May. As reported by Cryptonews.com in October 2019, miners will...

Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?


While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet. When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...

Bitcoin Mining Difficulty Estimated to Drop Again + More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated...

Stealth Miners on the BCH Network Attract Scrutiny


In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...

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