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Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
13.6.2024
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $57 per petahash. Mining...
US Bitcoin miners silent in face of Kerrisdale ‘snake oil’ claims
13.6.2024
U.S. Bitcoin miners have remained tight-lipped following a recently released Kerrisdale Capital report criticizing the industry
3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours
4.6.2024
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total computational power. Foundry Dominates Bitcoin Mining...
Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
3.6.2024
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121
Public Bitcoin miners secured $2B in financing ahead of halving
21.5.2024
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan
Dead protocol leaks crypto funds from hacked pool
30.4.2024
Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
30.4.2024
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging...
‘Epic Satoshi’ From Bitcoin’s 4th Halving Fetches Over $2.13 Million at Coinex Auction
25.4.2024
The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. This satoshi, the smallest denomination of BTC, was sold for...
Bitcoin Mining Pool ViaBTC Sells 'Epic' First Post-Halving Sat for $2.13M
25.4.2024
The pool mined the first block after last week's halving, winning an "epic" sat in the process
Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC
23.4.2024
Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached...
Crypto Exchange Coinex Set to Auction ‘Epic Satoshi’ From Halving Block for 1 BTC Minimum
22.4.2024
At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare bitcoin element known as the “epic sat,”...
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
18.4.2024
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable...
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
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...
Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels
16.12.2023
In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This level of concentration in bitcoin mining pools...
Jack Dorsey wants to decentralize Bitcoin mining with new investment
29.11.2023
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin
How can NFTs transform daily life?
29.11.2023
By now, hearing "NFT” in any context evokes some sort of reaction — good or bad
Analysis Claims Discovery of Selective Transaction Filtering in Bitcoin Mining Pools
21.11.2023
A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from U.S. Treasury-sanctioned addresses were missing from...
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
16.11.2023
On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering to regulatory standards, with all miners required...