1. Home
  2. Spike

Spike

Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises

Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand RisesSince Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal inscriptions has risen as […]

Crypto Analyst Predicts Sudden Bounce for Bitcoin (BTC), Updates Outlook on XRP

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining CryptocurrencyElectricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of hardware theft have also increased significantly. Irkutsk Dealing With Rising Electricity Needs Amid Growing […]

Crypto Analyst Predicts Sudden Bounce for Bitcoin (BTC), Updates Outlook on XRP

Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges

Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud SurgesUnknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional Government Website in Russia Hacked by Scammers The […]

Crypto Analyst Predicts Sudden Bounce for Bitcoin (BTC), Updates Outlook on XRP

Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in IranThose who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners to Pay for Damages to the Power Grid Hydropower plants in Iran have been […]

Crypto Analyst Predicts Sudden Bounce for Bitcoin (BTC), Updates Outlook on XRP