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Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain

Bitcoin Miner Terawulf Raises M in Fresh Capital to Pay Down Debt, Restructures Deal With BitmainOn Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully leverage the 160 megawatts of Terawulf’s available mining […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks

Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 WeeksBitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion. Bitcoin Miners Catch a Miniscule Break as the Network’s […]

What is Operation Choke Point 2.0? Trump vows to end it

Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher

Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb HigherFollowing the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block height 758,138, the network’s computational power surpassed the all-time high (ATH) recorded on October 5, as it reached 325.11 exahash per second (EH/s) on October […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase

Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget IncreaseBitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55% […]

What is Operation Choke Point 2.0? Trump vows to end it

Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per Second

Bitcoin’s Total Network Hashrate Hits an All-Time High at 321 Exahash per SecondAccording to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87 (EH/s). Bitcoin’s Hashrate Reaches a Lifetime High […]

What is Operation Choke Point 2.0? Trump vows to end it

Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009

Data Shows Bitcoin’s Hashrate Has Grown by More Than 4 Quadrillion Percent Since 2009Following the network difficulty change six days ago on September 27, Bitcoin’s hashrate surpassed the 295 exahash per second (EH/s) range two times during the first two days of October. Presently the network is coasting along at 229 EH/s and block intervals have been faster than the ten-minute average, which means another upward difficulty adjustment […]

What is Operation Choke Point 2.0? Trump vows to end it

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

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 MonthsFollowing 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 difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides […]

What is Operation Choke Point 2.0? Trump vows to end it

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-StakeSince the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, […]

What is Operation Choke Point 2.0? Trump vows to end it