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Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 Trillion

Bitcoin Mining Difficulty Hits a Lifetime High After a 5.56% Increase, Metric Nears 30 TrillionBitcoin’s mining difficulty reached a lifetime high on April 27, at block height 733,824, after jumping 5.56% higher than two weeks ago. The difficulty jump further indicates that Bitcoin’s difficulty is also nearing 30 trillion, as the change on Wednesday shows the current difficulty is 29.79 trillion. It Is Now the Most Difficult Time in […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week

Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next WeekBitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade

Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof UpgradeAccording to a recent update on Monero’s Github repository, the privacy-centric crypto network plans to hard fork in July, at block height 2,668,888. Monero is the largest privacy crypto asset in terms of market capitalization and during the last seven days, monero climbed 13.4% against the U.S. dollar. Monero Aims to Upgrade in July The […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving

Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the HalvingBitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds 8M in Crypto AssetsOn April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High

With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime HighBitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High

As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime HighDuring the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours. […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

Bitcoin Miners Catch a Second Break With Another Downward Difficulty AdjustmentFive days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX

Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise

Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to RiseAfter bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase is expected to occur in less than four days. Bitcoin’s Hashrate […]

How to Recover a Lost Bitcoin Wallet Password by KeychainX