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Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

Bitcoin.com
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
All time high
Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023Bitcoin miners are contending with the fifth network difficulty increase since February 24, 2023, following a 1.72% rise on April 20 at block height 786,240. The network’s difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since block height 778,176. Bitcoin’s Difficulty Has Risen More Than 22% Since Block […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion

Bitcoin.com
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
2023
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 TrillionThe Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher Bitcoin’s difficulty reached another all-time high, surpassing the record set two weeks ago, […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase

Bitcoin.com
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
278 EH/s
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent IncreaseThe Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown: How Faster Discovery is Impacting Bitcoin Difficulty In […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

Bitcoin.com
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
Bitcoin network
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to AfricaUnited States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts the funds to local currencies prior to moving them to recipients’ […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High

Bitcoin.com
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High
275 EH/s
Bitcoin’s Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime HighBitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s mining difficulty has also reached another all-time high (ATH) by tapping 36.84 trillion. Bitcoin’s Mining Difficulty Adjusts Upwards by 3.44%, […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty

Bitcoin.com
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty
300 EH/s
Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High DifficultyDespite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, the network’s total hashrate continues to chug along at close to 300 exahash per second (EH/s). With lower bitcoin prices and the mining difficulty […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’

Bitcoin.com
Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’
Bitcoin
Bitcoin Added to the Guinness Book of World Records as the ‘First Decentralized Cryptocurrency’Since 1955 Guinness World Records (GWR) has published a reference book annually that covers world records from extreme natural events to human achievements. This year, Bitcoin has entered the fray as the world’s first and most valuable cryptocurrency network as GWR has added the subject to this year’s annual records. Satoshi Nakamoto’s Bitcoin Enters the […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher

Bitcoin.com
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher
13.2%
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much HigherAs bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than the typical ten-minute average block intervals […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

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

Bitcoin.com
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
Andreas Antonopolous
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could BreakAccording 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 of today’s digital communications, including cryptocurrencies, leverage public key encryption and CISA believes when “quantum computers […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

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

Bitcoin.com
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022
Andrey Kim
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022This 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 pace” of the bitcoin mining company’s U.S. […]
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USDC overtakes USDT: Compliance is key to stablecoin dominance

USDC overtakes USDT: Compliance is key to stablecoin dominance

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