A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, mere end 190 blocks need to be mined. As the scaling issues continue to

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Flere år

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, det rapporterede lokale medier. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

Bitcoin Hashrate Reaches 400 Exahash per sekund, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoins difficulty reaching an all-time high at 46.84 billioner, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 eksahash i sekundet (EH/s)….

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, i blokhøjde #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The networks difficulty increased by 9.95%, which is the second-largest

Iran returnerer beslaglagt krypto-minedriftsudstyr til minearbejdere

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners

Midt i høj energiefterspørgsel fra minearbejdere, Rusland overvejer at bygge nye kraftværker i Sibirien

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal

Mens minearbejdere håndterer lave BTC-priser, Bitcoins minedriftssværlighedsmål forventes at stige 3% Højere

Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, i blokhøjde 766,080. Under den sidste 2,016 blocks, Bitcoin’s hashrate has been around 254.3 eksahash i sekundet…

Bitcoins samlede hashrate falder i december, mens BTC-minearbejdere kæmper for overskud

While bitcoin prices have been lower than the estimated cost of bitcoin production, the networks hashrate has dropped a great deal since mid-November. Kategori, the total hashrate dedicated to the Bitcoin network is coasting along at 236 eksahash i sekundet (EH/s)…

New Yorks guvernør underskriver lov, der delvist forbyder Bitcoin-minedrift på fossile brændstoffer

A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or renew their permits for the next two