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Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

Bitcoin Miners Catch a Second Break With Another Downward Difficulty AdjustmentFive days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year HighThe processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool

Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining PoolThe hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago. Bitcoin Hashrate […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s CrackdownAfter China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Creation of 184 Billion BTC

An In Depth Look at Bitcoin’s First Chain Split: Satoshi Helps Reverse the Creation of 184 Billion BTCSince January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but the […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

ETH Compatible BCH Sidechain Smartbch Successfully Launches Three Nodes

ETH Compatible BCH Sidechain Smartbch Successfully Launches Three NodesThe day before the fourth Bitcoin Cash anniversary, the Smart Bitcoin Cash team (Smartbch), announced the project has launched three nodes as genesis validators. Smartbch disclosed that Btc.com, Viabtc, and Matrixport are participating and the project has officially started its voting period. Smartbch Fires up Smart Chain’s Genesis Validators For quite some time now, the […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%

University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the way up until April 2021, and the estimate of China’s hashrate […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next WeekOn Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin Hashrate Climbs Back Above 100 EH/s, […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate ReturnWhile on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline and Bitcoin’s overall hashrate has […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US

Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery

Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a MysteryOver the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns in Five Chinese Provinces Despite the slide, the […]

Hong Kong Professor: China’s Crypto Mining Ban Shifts Businesses to US