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Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time High

Bitcoin Miners Discovered 53,240 Blocks This Year, Foundry Led the Pack, Hashrate Tapped an All-Time HighAs the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this year, as the operation found […]

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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% […]

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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 […]

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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 […]

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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 […]

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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 […]

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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) […]

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Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner

Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin MinerAt the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and […]

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