Bitcoin (BTC)

Trezor Takes Control of Chip Production for Enhanced Security and Faster Production Time

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Trezor, the manufacturer of crypto hardware wallets, has announced that it will take control of its wallet chip production process by producing its own silicon chips. The company states that the newly designed “chip wrapper” will enhance device security and considerably…

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

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A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the…

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices

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Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Praegu, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 application-specific…

BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022

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Täna’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites…

Samal ajal kui kaevurid tegelevad madalate BTC hindadega, Bitcoini kaevandamisraskuste eesmärk peaks eeldatavasti suurenema 3% Kõrgem

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Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, ploki kõrgusel 766,080. During the last 2,016 plokid, Bitcoin’s hashrate has been around 254.3 eksahas sekundis…

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

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This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9,…

Bitcoini koguhashrate langes detsembris, kuna BTC kaevurid võitlevad kasumi nimel

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

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

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During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for…

Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust

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After Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. Kuid, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics…

Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’

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According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 miljardit. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent…