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Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 MonthsBitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto asset’s price has shed more than 3% during the […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year HighThe processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate

Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network HashrateReports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called Minexmr as they believe the operation threatens decentralization. A Single Monero Mining Pool Commands 44% of the Network’s Hashrate, Monero Community Members Debate […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 Days

Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 DaysThe processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along at record highs as well. […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of ProductionOver the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast to ten years ago, when […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash details that the hashrate limiter scheme introduced by Nvidia “did not […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits

Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining ProfitsAfter Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a low of 167 EH/s three days ago. The lower […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward

Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block RewardFollowing the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached on May 15, 2021, which means it is currently more difficult than ever […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHsDuring the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism

Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH

Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATHBitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits a Milestone, Analyst Discusses […]

XRP price preps for ‘powerful move’ above $2.90 as sentiment metrics signal optimism