Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings

October 6, 2024 Bitcoin.com

Alephium

In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking in an estimated $40.53 in daily profits. Blake3 Tops PoW Mining, Followed […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss

September 5, 2024 Bitcoin.com

Bitcoin

Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction

August 18, 2024 Bitcoin.com

Bitcoin

While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days. Miners Increase Bitcoin’s Hashrate After Difficulty Decline […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Q-Day approaching: Can Ethereum survive a quantum emergency?

April 26, 2024 Coin Telegraph

Coin Telegraph

Quantum computing is the next most significant disruptive technological leap and its rapid evolution and funding will soon make it a reality.

Quantum computing may seem like science fiction, but it may come sooner than expected.

On Jan. 11, 2024, the World Economic Forum identified artificial intelligence (AI) and quantum computing as emerging threats in a report exploring how quantum computing could threaten the existing tech landscape.

While computer scientists and developers agree that quantum computing will still take some years to develop, research in the field is very active.

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings

March 16, 2024 Bitcoin.com

ASIC Mining

Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024, the top ten ASIC miners focused on the SHA256 consensus algorithm are generating daily earnings ranging from $10 to $21, assuming […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit

March 6, 2023 Bitcoin.com

Antpool

In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin mining pools are also using their hashrate to merge-mine other coins, and these networks have benefited from bitcoin’s increased hashrate. How Bitcoin’s […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

February 27, 2023 Bitcoin.com

ASIC

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion

January 29, 2023 Bitcoin.com

2023

The 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, […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase

January 27, 2023 Bitcoin.com

278 EH/s

The 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 […]

Permianchain and Vertical Data Team Up to Bring GPU-as-a-Service to MENA

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

November 30, 2022 Bitcoin.com

Antminer S19 Pro+ Hyd.

During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

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