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While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult

Bitcoin.com
While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult
12.5 BTC per block
While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More DifficultOver the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High

Bitcoin.com
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High
Bitcoin
Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time HighOn Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps 9.26% — Metric Prints the Second Largest Rise This Year Bitcoin (BTC) has experienced […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards

Bitcoin.com
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards
Bitcoin
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the CardsWhile bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal. The trend suggests that when the […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March

Bitcoin.com
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
13 known pools
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since MarchOn July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22. It’s Now 11.39% Easier to […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower

Bitcoin.com
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower
4216 block rewards
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop LowerBitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the difficulty adjustment algorithm (DAA) is […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

Bitcoin.com
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
$0.12 per kWh
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains UnaffectedWhile bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high coasting along at 180 exahash per second (EH/s) to 261 EH/s. […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales

Bitcoin.com
Report: B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
Bitcoin Miners
Report: B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner SalesCryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed by crypto mining rigs are […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

Bitcoin.com
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
2016 block
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty ReductionDuring the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

Bitcoin.com
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower
1600 blocks
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% LowerWhile bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per bitcoin lower this week and […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

Bitcoin.com
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
1600 blocks
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the HalvingAfter reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region. Hashrate Drops to 182 EH/s […]
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New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

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