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Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s

Bitcoin.com
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/s
Bitcoin
Post-Halving, Bitcoin Difficulty Drops Significantly; Hashrate Dips Below 600 EH/sThe Bitcoin network experienced its second difficulty adjustment post-halving and the most significant reduction this year. Additionally, the network’s total hashrate fell below the 600 exahash per second (EH/s) mark for the first time since late March. Bitcoin Network Sees Significant Reduction in Difficulty and Hashrate Over the forthcoming two weeks, Bitcoin miners will see […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Coin Telegraph
Bitcoin miner Riot Platforms reports record 1M Q1 net income
Coin Telegraph

Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.

Bitcoin (BTC) mining firm Riot Platforms reported a $211.8 million net income for Q1 2024 — a company record and a 1,000% increase from the same time last year — but missed analyst revenue estimates.

Riot’s first quarter results released May 1 show minin revenue spiked 55.4% year-on-year to $74.6 million, primarily driven by a 131% increase in Bitcoin’s price.

The firm's total revenue was $79.3 million, fallin 14% short of estimates by research firm Zacks.

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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases

Bitcoin.com
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases
1.45% down
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive IncreasesBitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge. However, on May 4, 2023, at block height 788,256, the network difficulty level took a dip, dropping by 1.45% and bringing the overall difficulty down to 48.01 trillion for the next two weeks. Bitcoin Difficulty […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase

Bitcoin.com
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
Antpool
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive IncreaseOn April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11 trillion away from reaching the 50 trillion range. Bitcoin Difficulty Jumps 2.23% Higher […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

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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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

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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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging

Bitcoin.com
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
All time high
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More ChallengingBitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain. 2023’s First […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

Bitcoin.com
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
Bitcoin
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% HigherBitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals have been faster at 9:41 minutes per block. Bitcoin’s Difficulty […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits

Bitcoin.com
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
Bitcoin
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for ProfitsWhile bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below the 200 EH/s range six days ago. Bitcoin’s Hashrate Slips Lower […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction

Bitcoin.com
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
Bitcoin
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest ReductionBitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks as though it could be 2022’s […]
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TRUMP dips after president admits ‘I don’t know much about it’

TRUMP dips after president admits ‘I don’t know much about it’

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