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Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher

Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb HigherFollowing the largest difficulty increase the Bitcoin network has seen in 2022, the network’s hashrate has not been affected by the 13.55% increase. In fact, five days ago at block height 758,138, the network’s computational power surpassed the all-time high (ATH) recorded on October 5, as it reached 325.11 exahash per second (EH/s) on October […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase

Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget IncreaseBitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55% […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months

Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 MonthsFollowing four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains

Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit GainsThe day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% […]

Quantum computing will fortify Bitcoin signatures: Adam Back

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake

These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-StakeSince the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days ago, before The Merge, the consensus algorithm Ethash was the most profitable, […]

Quantum computing will fortify Bitcoin signatures: Adam Back

ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork

ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW ForkEthereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates […]

Quantum computing will fortify Bitcoin signatures: Adam Back

4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH

4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When the poll concluded, flux and ravencoin outpaced the pack in […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The MergeEthereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is expected to take place eight days from now, and a great deal of hashrate has […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged

Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains UnchangedOn August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen a great deal, Ethereum’s hashrate remains relatively unchanged with just over 1,000 TH/s dedicated […]

Quantum computing will fortify Bitcoin signatures: Adam Back

Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade Volume

Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC’s Trade VolumeRoughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using the same proof-of-work (PoW) […]

Quantum computing will fortify Bitcoin signatures: Adam Back